Corpay Q2 FY25: where the revenue came from and where it went
The whole income statement of Corpay for this quarter, as one diagram: what earned the revenue, and what it went on.
- Period
- Apr 1 – Jun 30, 2025
- Reported
- Aug 7, 2025
Revenue$1.10B
+13% year over year
Gross profit$0.66B
60% margin
Operating profit$0.48B
44% margin
Net profit$0.28B
26% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.10 | 100% | +13% |
| Vehicle payments | 0.53 | 48% | +3% |
| Corporate payments | 0.39 | 35% | +36% |
| Lodging payments | 0.12 | 11% | −2% |
| Product & service other | 0.07 | 6% | +19% |
| Cost of revenue | −0.45 | 40% | |
| Gross profit | 0.66 | 60% margin | −1pp |
| G&A | −0.18 | 16% | +0pp |
| Operating profit | 0.48 | 44% margin | −1pp |
| Interest & other costs | −0.09 | ||
| Tax | −0.11 | ||
| Net profit | 0.28 | 26% margin | +0pp |
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