Corpay Inc (CPAY)
NYSE:CPAY
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
6.43Last Year’s EPS
5.13Same Quarter Last Year
Moderate Buy
Based on 9 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a strongly positive quarter and upgraded full-year guidance driven by robust organic growth (11%), a Q1 beat, and high-performing recent acquisitions (Alpha and Avid). Corporate Payments and cross-border businesses exhibited especially strong momentum, balance sheet metrics and share buybacks demonstrate financial flexibility, and management outlined a clear portfolio rotation strategy. Headwinds include float revenue compression, higher operating costs and modest margin pressure from acquisitions, plus some execution dependence for the middle-market push and sensitivity to macro/fuel prices. Overall, the highlights substantially outweigh the lowlights.Company Guidance
Blowout Q1 Financial Results
Reported revenue of $1.26 billion, up 25% year-over-year, and cash EPS of $5.80, up 29%; Q1 revenue beat vs guidance of ~$50 million with ~2/3 attributable to stronger business performance (not macro).
Sustained Organic Growth
Q1 organic revenue growth of 11%, marking four consecutive quarters at 11%; company continues to target 10% organic growth for full-year 2026.
Raised Full-Year Guidance
Raised 2026 revenue guidance to $5.29 billion at the midpoint (implying ~17% full-year revenue growth) and raised cash EPS guidance to $26.70 at the midpoint (implying ~25% cash EPS growth).
Strong Corporate Payments Momentum
Corporate Payments organic revenue growth of 16% (18% excluding ~200bps float revenue compression) and comprised 40% of total revenue in Q1; spend volumes increased organically 43% to $82 billion.
Acquisitions and Investments Performing
Alpha organic revenue grew ~17% in Q1 (excluding flow compression) and Avid (minority investment) recorded sales growth >20% YoY with EBITDA up 50% versus Q1 2025; ~15% of Alpha clients migrated to Corpay platform in Q1.
Vehicle Payments and Lodging Improvement
Vehicle Payments organic growth of 10% across U.S., Europe and Brazil; Lodging showed meaningful sequential improvement (management cited lodging same-store sales +6% and Q1 landing flat overall with improved momentum into H2).
Operational Metrics and Sales Execution
Customer retention finished at 93.5% (now includes cross-border), new sales/bookings up 24%, and same-store sales flat for the quarter overall — indicating good commercial performance and client stickiness.
Capital Allocation and Share Repurchases
Repurchased $786 million of stock in the quarter (2.4 million shares), used $450 million of PayByPhone sale proceeds toward repurchases; $1.8 billion authorized repurchases outstanding and Board approved an additional $1 billion.
Balance Sheet and Financing Strength
Leverage ratio of 2.7x with $1.4 billion of revolver borrowing capacity; commitments received to upsize credit facility by >$1 billion, extend maturities and reduce interest rates by ~10 bps, with $1 billion planned to pay down Term Loan B.
Cross-Border Product Progress
Cross-border business continuing strong sales; signed JP Morgan and BVNK agreements to add blockchain rails to settlement network, expanding multicurrency account geography and tech migration plans.
Q2 Guidance and Near-Term Outlook
Q2 revenue guidance midpoint $1.295 billion (+18% YoY) with expected organic growth 9–11%, and Q2 adjusted EPS guidance $6.55 midpoint (+28% YoY), showing continued top-line and EPS momentum into Q2.
CPAY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
CPAY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 07, 2026 | $305.75 | $343.99 | +12.51% |
Feb 04, 2026 | $300.28 | $335.00 | +11.56% |
Nov 05, 2025 | $261.69 | $278.00 | +6.23% |
Aug 06, 2025 | $315.07 | $304.50 | -3.35% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Corpay Inc (CPAY) report earnings?
Corpay Inc (CPAY) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Corpay Inc (CPAY) earnings time?
Corpay Inc (CPAY) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is CPAY EPS forecast?
CPAY EPS forecast for the fiscal quarter 2026 (Q2) is 6.43.