Corpay, Inc. ( (CPAY) ) has released its Q3 earnings. Here is a breakdown of the information Corpay, Inc. presented to its investors.
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Corpay, Inc., a corporate payments company, specializes in providing commercial cards and AP modernization solutions to businesses globally, facilitating efficient payment processes and cost control. In its latest earnings report, Corpay announced a 14% increase in revenue and adjusted EPS for the third quarter of 2025, with organic revenue growth reaching 11%. The company completed significant investments and acquisitions, including AvidXchange and Alpha Group, and anticipates finalizing a Mastercard investment by year-end.
Key financial highlights include a revenue increase to $1,172.5 million, up from $1,029.2 million in the same quarter of the previous year, and a slight rise in net income to $277.9 million. The Corporate Payments segment demonstrated robust growth with a 17% increase in organic revenue, despite challenges such as float revenue compression due to lower interest rates. Adjusted EBITDA rose by 14% to $676.7 million, reflecting the company’s strong operational performance.
The Vehicle Payments segment saw a 9% revenue increase, driven by improvements in the U.S. market, while the Corporate Payments segment experienced a 27% revenue boost. However, the Lodging Payments segment faced a 5% decline. Corpay’s strategic moves, including acquisitions and investments, are expected to enhance its market position and financial performance.
Looking ahead, Corpay has raised its fiscal year 2025 outlook, projecting total revenues between $4,505 million and $4,525 million, and adjusted net income between $1,503 million and $1,523 million. The company remains optimistic about its future growth, supported by favorable foreign currency rates and strategic acquisitions.