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 participate in three investor conferences, with management joining fireside chats at each scheduled event.
Citi’s 15th Annual FinTech Conference is November 9, 2026, in New York at 9:45 am EST; the KBW FinTech Ecosystem Conference is November 10 in New York at 11:40 am EST; and the 30th Annual UBS Global Technology and AI Conference 2026 is December 1 in Scottsdale at 10:15 am MST.
Corpay (NYSE: CPAY) reported third-quarter 2026 revenue of $1,381.9 million, up 18% from the same quarter last year. Net income attributable to Corpay rose 36% to $378.4 million, and diluted earnings per share increased 45% to $5.66. Organic revenue growth was 11%. Adjusted diluted earnings per share rose 32% to $7.54, while adjusted EBITDA, a non-GAAP earnings measure, increased 17% to $793.8 million.
The company raised its 2026 outlook, expecting revenue of $5.340 billion to $5.360 billion, diluted earnings per share of $20.03 to $20.23, and adjusted diluted earnings per share of $27.90 to $28.10. For the fourth quarter, Corpay expects approximately $1.37 billion in revenue and adjusted diluted earnings per share of $7.65 at the midpoint. Third-quarter repurchases totaled 1.9 million shares for $747 million. Nine-month operating cash flow reached $716.283 million, versus $687.163 million a year earlier.
Corpay (NYSE: CPAY) has completed the sale of its UK-based vehicle maintenance business to OEConnection, a Francisco Partners portfolio company.
This is Corpay’s second Vehicle Payments divestiture this year. The company describes the sale as part of its shift toward Corporate Payments and its focus on fewer, bigger businesses. Corpay expects the divestiture to be neutral to its 2026 Cash EPS outlook, with share repurchases offsetting the sold business’s earnings contribution. The transaction’s impact is included in updated 2026 guidance provided with its third-quarter earnings release.
Corpay (CPAY) subsidiary Corpay Private Markets published its fifth Lender Book Report, examining diverging pricing across fund finance lenders.
Between February 2025 and August 2026, average bank margins on NAV facilities—loans backed by fund assets—fell from 447 to 435 basis points, while non-bank margins rose from 756 to 794 basis points. The tracked transactions skew toward mid-market and more complex mandates; the findings do not establish a market-wide increase in non-bank pricing. Subscription line margins tightened broadly as competition increased. The report also identifies deal characteristics associated with pricing that holds or improves against the broader compression trend.
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.