Loading...
•
Mar 31, 2025
Corpay Q1 2025 Earnings Report
Corpay reported Q1 2025 results with solid revenue growth and strong segment performance, especially in Corporate Payments.
Key Takeaways
Corpay delivered a solid start to FY25 with over $1B in revenue, strong net income, and strategic momentum through new partnerships and acquisitions.
Revenue surpassed $1 billion, up 8% from Q1 2024.
Corporate Payments revenue rose 33% to $352.7M, driven by 38% growth in spend volume.
Announced $500M investment in AvidXchange and strategic partnership with Mastercard.
Adjusted EPS rose to $4.51, a 10% increase YoY.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Corpay reaffirmed its FY25 guidance and expects growth acceleration from new initiatives, despite macroeconomic uncertainties.
Positive Outlook
- Maintaining FY25 revenue guidance between $4.38B–$4.46B.
- Strong performance in Corporate Payments expected to continue.
- Recent acquisition of Gringo factored into forecasts.
- Durable business model with flexibility to adjust to demand shifts.
- Cross-border segment showing resilience amid FX volatility.
Challenges Ahead
- Uncertainty in macroeconomic outlook for the rest of the year.
- Potential volatility from foreign exchange movements.
- Fuel price spreads assumed flat vs 2024 levels.
- Interest expense expected between $350M and $380M.
Historical Earnings Impact
Analyze how earnings announcements historically affect stock price performance
Avg. Return Before/After Earnings
Loading earnings performance data...
Loading earnings reaction data...