Loading...
•
Sep 30, 2025
Corpay Q3 2025 Earnings Report
Corpay reported strong Q3 2025 results with $1.17 billion in revenue and 14% adjusted EPS growth, driven by Corporate and Vehicle Payments performance.
Key Takeaways
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.
Revenue reached $1.17 billion, up 14% year-over-year.
Adjusted EPS grew 14% to $5.70, supported by higher adjusted net income of $405.2 million.
Corporate Payments revenue increased 27% to $409.7 million, with spend volume of $68.2 billion.
Adjusted EBITDA rose to $676.7 million, a 14% increase from the prior year.
Revenue by Segment
Revenue by Geographic Location
Forward Guidance
Corpay raised its full-year 2025 guidance, citing Q3 outperformance, FX tailwinds, and recent acquisitions. The company expects continued revenue and earnings growth into Q4 and 2026.
Positive Outlook
- Raised 2025 revenue guidance to $4.505–$4.525 billion.
- 2025 adjusted net income guidance increased to $1.503–$1.523 billion.
- Expect continued organic growth in Corporate and Vehicle Payments.
- Improved foreign exchange rates support international segments.
- Integration of Alpha and AvidXchange expected to add value.
Challenges Ahead
- Corporate Payments revenue per spend dollar declined year-over-year.
- Lodging revenue fell 5% and room nights declined 12%.
- Fuel price spreads negatively impacted vehicle revenue mix.
- Higher tax provision increased from prior year.
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...