Corpay, Inc. provides corporate payments services for businesses through commercial cards, AP modernization, cross-border payments, vehicle payment solutions and lodging payment services. News about the company commonly covers financial results, guidance updates, investor presentations and developments across its Corporate Payments, Vehicle Payments and Lodging Payments businesses.
Company updates also focus on Corpay Complete, spend management automation, virtual cards, fleet cards, invoice and payment automation, foreign exchange services and global bank accounts. Recent operating themes include multi-rail cross-border settlement, stablecoin and blockchain-based payment capabilities, embedded finance workflows, customer and sports-related FX partnerships, and research on payment automation and expense-management practices.
Corpay (NYSE: CPAY) will release third-quarter 2026 financial results after market close on November 4, 2026, followed by a conference call. The call begins at 5:30 pm ET and will be hosted by CEO Ron Clarke, CFO Peter Walker and investor relations representative Jim Eglseder. A live webcast will be available on the company's investor relations website.
Corpay (NYSE: CPAY) has signed a multi-year agreement making its Cross-Border business the Official Foreign Exchange Partner of Newcastle United.
Under the partnership, Corpay Cross-Border will provide foreign exchange risk management services to support the club’s day-to-day operations. These services help manage exposure to currency movements. The club will also use Corpay’s platform to manage global payments through a single point of access.
Corpay (CPAY) has extended its exclusive foreign exchange payments partnership with the World Baseball Softball Confederation (WBSC). Its Cross-Border business entered into a multi-year agreement to remain the organization’s Official Foreign Exchange Payments Provider.
Corpay has provided corporate foreign exchange payment solutions to the WBSC since 2022. The extension continues access for the WBSC and its members to Corpay’s global payments platform and services for managing currency risk.
Corpay (CPAY) announced three new AI agents for its Corpay Complete platform on September 24, 2026.
Embedded Insights Agent analyzes spend for administrators and flags anomalies without requiring a report. AI Voice Assistant Agent creates and completes expenses by voice. Accounting Coding Agent assigns transactions to general ledger accounts, tax codes and cost centers for card administrators.
The expanded roster is rolling out to eligible Corpay Complete customers in September 2026. The agents operate within the platform’s existing controls and provide audit visibility. Corpay introduced its AI Virtual Assistant Agent in April 2026 and Agent Card in July 2026.
Corpay (CPAY) agreed to a proposed settlement with the Federal Trade Commission to resolve previously disclosed allegations involving its U.S. Vehicle Payments business. Under the proposed terms, Corpay will pay $100 million to the FTC, with no admission of wrongdoing and no financial payment required from CEO Ron Clarke.
The existing June 8, 2023 court order in this matter remains in effect. Corpay states that it has enhanced customer communications, compliance oversight, and internal controls over the past several years. The company does not expect the proposed settlement to have a material impact on its ongoing operations or financial results. The settlement is subject to final FTC approval following a public comment period, and Corpay intends to continue cooperating with the agency.
Corpay (NYSE: CPAY) announced participation in several upcoming investor conferences. On Thursday, August 27, 2026, the company will attend the 2026 Deutsche Bank Technology Conference in Dana Point, CA, with a fireside chat at 3:20 p.m. PT. On Tuesday, September 15, 2026, Corpay will join both the Oppenheimer Fintech Leaders Conference and the FT Partners FinTech Conference in New York, NY. Investors can access related presentations via Corpay’s investor relations website.
Corpay (NYSE: CPAY) announced that its Cross-Border division has entered into an agreement with the European T20 Premier League (ETPL), a new ICC-sanctioned franchise cricket tournament. Under the deal, Corpay Cross-Border becomes ETPL’s exclusive and Official Foreign Exchange (FX) Partner and an Official Partner.
Corpay Cross-Border will provide ETPL with FX risk management solutions to help manage foreign exchange exposure in day-to-day operations and will enable the league to streamline global payments through its platform. ETPL is co-founded by several cricket executives in partnership with Cricket Ireland, Cricket Scotland and the Royal Dutch Cricket Association.
Corpay (NYSE: CPAY) reported second quarter 2026 revenues of $1.34 billion, up 21% year over year, with 10% organic revenue growth. GAAP net income attributable to Corpay declined 13% to $248.3 million, or $3.70 diluted EPS, reflecting a $100 million charge for a preliminary FTC Bureau of Consumer Protection settlement.
On a non-GAAP basis, adjusted EBITDA rose 24% to $767.2 million, adjusted net income increased 27% to $464.4 million, and adjusted diluted EPS grew 36% to $7.00. Corpay refinanced debt, expanded its revolver to $3.7 billion, ended the quarter at 2.55x leverage, and repurchased 1 million shares for $321 million.
For fiscal 2026, Corpay raised guidance to total revenues of $5.29–$5.33 billion (17% growth at midpoint), GAAP net income of $1.285–$1.325 billion, and adjusted diluted EPS of $27.15–$27.55 (28% growth at midpoint). Third-quarter 2026 revenue is expected at about $1.355 billion (16% growth) and adjusted diluted EPS at $7.15 (26% growth).
Corpay (NYSE: CPAY) has signed a definitive agreement to sell its UK-based vehicle payments and fleet software businesses epyx, r2c Online and Business Gateway to OEConnection (OEC), a Francisco Partners portfolio company. The assets support fleet service, maintenance, repair authorization and management workflows across the UK and Europe.
According to Corpay, the divestiture advances its strategy to simplify its portfolio and increase focus on Corporate Payments businesses. The deal is expected to close this fall, subject to customary regulatory approvals and closing conditions, and is expected to be neutral to Corpay’s 2026 Cash EPS as the company plans to use proceeds for share repurchases.
Corpay (NYSE: CPAY) announced that its Cross-Border business has entered into an agreement to become the exclusive and Official Foreign Exchange (FX) Partner of Ultimate Sevens, a new global rugby sevens championship backed by BIA Sports Group and launching in August 2026.
Corpay Cross-Border will provide Ultimate Sevens with FX risk management solutions and a single-point platform for managing global payments, supporting the series’ multi-national operations. Ultimate Sevens describes the championship as a global showcase for elite sevens athletes with an innovative, fast-paced format and strong focus on gender parity.