Corpay Earnings Reports

Corpay delivered solid financial performance in Q3 2025 with 14% year-over-year revenue growth and robust expansion in adjusted EBITDA and EPS. Corporate Payments led growth with a 27% revenue increase, while Vehicle Payments and Other segments also posted gains. Lodging declined slightly but remains profitable.

Corpay exceeded expectations in the second quarter of 2025, achieving 13% growth in both revenue and adjusted EPS. Organic revenue growth was 11%, driven by strong performance in the Corporate Payments segment, which grew by 18%. The company's balance sheet is robust, positioning it well for the upcoming Alpha Group acquisition and new ventures into stablecoin and digital currency markets.

Corpay delivered a solid start to FY25 with over $1B in revenue, strong net income, and strategic momentum through new partnerships and acquisitions.

Corpay concluded 2024 with strong fourth-quarter performance, achieving 12% organic revenue growth and 21% adjusted EPS growth, both exceeding mid-term targets. The Corporate Payments segment saw significant growth, and the company made strategic acquisitions while maintaining a healthy leverage ratio.

Corpay reported strong Q3 2024 results, surpassing $1 billion in quarterly revenue for the first time, driven by Corporate Payments' 18% organic growth. Business fundamentals improved with strong same-store sales, retention, and overall sales performance. The company is confident in accelerating revenue growth in Q4 and is well-positioned for 2025.

Corpay reported a 3% increase in revenues to $975.7 million, a 5% increase in net income to $251.6 million, and a 3% increase in adjusted net income to $325.0 million for the second quarter of 2024. The company's Corporate Payments and Vehicle Payments segments delivered solid performance, driven by implementations and new sales. The company repurchased 2.2 million shares in the quarter.

Corpay reported a 4% increase in revenue to $935.3 million and a 7% increase in net income to $229.8 million for the first quarter of 2024. The company also announced an agreement to acquire Paymerang. The Corporate Payments segment saw a 17% growth.

FLEETCOR Technologies, Inc. reported a 6% increase in revenues to $937.3 million and a 14% increase in net income to $255.9 million for the fourth quarter of 2023. The company's adjusted net income per diluted share increased by 10% to $4.44. They are planning to repurchase $800 million of shares in 2024.

FLEETCOR Technologies Inc. reported a 9% increase in revenues to $970.9 million and a 9% increase in net income to $271.5 million for Q3 2023. Organic revenue growth was 10%, driven by a 20% increase in corporate payments. The company completed the acquisition of PayByPhone.

FLEETCOR Technologies, Inc. reported solid second quarter results with 10% revenue growth, 20% sales growth, and 11% EBITDA growth. The company is raising its 2023 guidance to reflect the second quarter beat and is progressing with its strategic review.

FLEETCOR Technologies reported a strong first quarter with a 14% increase in revenue to $901.3 million and organic revenue growth of 12%. New sales increased by 31%, and customer retention remained stable at 91%. The company raised its full-year guidance due to this overperformance.

FLEETCOR Technologies reported a 10% increase in revenue to $883.6 million for Q4 2022. Net income remained relatively flat at $225.3 million, while adjusted net income decreased by 2% to $300.2 million. The company's full-year performance for 2022 was strong, with a 21% increase in revenue and a 22% increase in adjusted earnings per share.

FLEETCOR Technologies, Inc. reported strong financial results for the third quarter ended September 30, 2022. Total revenues increased 18% to $893.0 million, and adjusted net income per share increased 21% to $4.24.

FLEETCOR Technologies Inc. reported strong Q2 2022 financial results, with a 29% increase in total revenues to $861.3 million and a 32% increase in adjusted net income per share to $4.17. The company has updated its fiscal year 2022 financial guidance, expecting continued positive trends.

FLEETCOR Technologies reported an outstanding first quarter with a 30% increase in total revenues to $789.2 million and a 29% increase in adjusted net income per share. Strong organic revenue growth of 15% was driven by new sales and customer retention.

FLEETCOR Technologies reported a strong fourth quarter and fiscal year 2021, with record revenues and adjusted net income per share. The company's performance exceeded expectations, driven by momentum across its businesses and strategic capital allocation through share repurchases.

FLEETCOR reported record third quarter profits and revenue, with adjusted EPS growing 25% and revenue growing 29%. Organic revenue growth was 17%, with corporate payments growing 22%. The company increased its full-year guidance, expecting continued growth into 2022.

FLEETCOR Technologies reported strong financial results for the second quarter of 2021, with a 27% increase in total revenues to $667.4 million and a 38% increase in adjusted EPS to $3.15. The company's performance was driven by organic growth, higher fuel prices, and favorable foreign exchange rates. The Board also increased the share repurchase authorization by $1 billion.

FLEETCOR Technologies reported first quarter 2021 financial results with revenue in line with expectations and adjusted net income per share slightly better than the original outlook due to credit performance. While revenue and adjusted EPS decreased compared to the previous year, new sales increased and retention improved.

FLEETCOR Technologies reported a decrease in revenues by 12% to $617.3 million and a decrease in net income by 11% to $209.9 million for Q4 2020, compared to Q4 2019. The company's adjusted net income also decreased by 10% to $258.4 million. Despite the declines, FLEETCOR's Q4 finished better than expected, with improving trends across the board.

FLEETCOR Technologies Inc. reported a 14% decrease in total revenues to $585.3 million for Q3 2020, compared to $681.0 million in Q3 2019. Net income decreased by 16% to $188.8 million, with diluted earnings per share down by 12% to $2.19. The company saw sequential volume increases in every line of business and improvements in new sales performance.

FLEETCOR Technologies, Inc. reported a 19% decrease in total revenues to $525.1 million and a 39% decrease in net income to $158.5 million for Q2 2020, due to the impact of the COVID-19 pandemic. The company focused on managing operating expenses and generated approximately $200 million in free cash flow during the quarter.

FLEETCOR Technologies reported a 6% increase in total revenues to $661.1 million for Q1 2020, compared to $621.8 million in Q1 2019. However, net income decreased by 15% to $147.1 million, primarily due to a $90.1 million one-time loss related to a customer receivable in the foreign currency trading business. Adjusted net income per diluted share increased by 12% to $3.00.

FLEETCOR Technologies reported a 9% increase in total revenues, reaching $698.9 million for Q4 2019. Net income decreased by 22% to $235.5 million, while adjusted net income increased by 14% to $286.4 million.