Corpay Q1 FY26: 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
- Jan 1 – Mar 31, 2026
- Reported
- May 8, 2026
Revenue$1.26B
+25% year over year
Gross profit$0.84B
67% margin
Operating profit$0.64B
50% margin
Net profit$0.35B
28% margin
The numbers
| Item | Value | Share of revenue | Year over year |
|---|---|---|---|
| Revenue | 1.26 | 100% | +25% |
| Vehicle payments | 0.56 | 45% | +19% |
| Corporate payments | 0.50 | 40% | +46% |
| Lodging payments | 0.11 | 9% | +1% |
| Product & service other | 0.08 | 6% | +8% |
| Cost of revenue | −0.42 | 33% | |
| Gross profit | 0.84 | 67% margin | +9pp |
| G&A | −0.20 | 16% | +1pp |
| Operating profit | 0.64 | 50% margin | +8pp |
| Interest & other costs | −0.14 | ||
| Tax | −0.15 | ||
| Net profit | 0.35 | 28% margin | +4pp |
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