Corpay, Inc. reported strong results for the three months ended March 31, 2026, with revenues, net rising to $1.261 billion from $1.006 billion a year earlier. Growth was broad-based across segments, led by Corporate Payments and Vehicle Payments.
Net income attributable to Corpay increased to $350.1 million from $243.2 million, and diluted earnings per share rose to $5.07 from $3.40. Results included a $121.4 million pre-tax gain on the sale of the PayByPhone parking business and higher amortization from recent acquisitions, including Alpha.
Corpay remains highly leveraged, with total debt of $10.36 billion against total equity of $3.56 billion, and continued aggressive share repurchases, buying back 2.4 million shares for $786.0 million in the quarter. The company also highlights ongoing FTC litigation over historical marketing practices, where an injunction has been issued and appeals have largely affirmed liability.
Corpay, Inc. reported a strong first quarter of 2026, with revenues rising 25% to $1,261.0 million and net income increasing 44% to $350.1 million. Diluted EPS grew 49% to $5.07, helped by an approximately $81 million gain on a business sale, or $1.19 per diluted share.
Adjusted results were also robust: adjusted net income rose 23% to $397.2 million and adjusted EPS climbed 29% to $5.80, while organic revenue growth was 11% for the fourth straight quarter. The Corporate Payments segment delivered 16% organic revenue growth, and overall adjusted EBITDA increased 24% to $688.6 million.
Corpay repurchased 2.4 million shares for $786 million and ended the quarter with leverage of 2.7x. Reflecting its “over-performance,” the company raised full‑year 2026 guidance to total revenues between $5.250 billion and $5.330 billion and adjusted net income per diluted share between $26.30 and $27.10. For the second quarter of 2026, it expects revenue of about $1.295 billion at the midpoint and adjusted EPS of $6.55 at the midpoint.
Corpay Inc ownership disclosure: Vanguard Capital Management reports beneficial ownership of 5,111,446 shares of Corpay common stock, representing 7.51% of the class. The filing shows 683,984 shares with sole voting power and sole dispositive power over 5,111,446 shares. The filing states these holdings reflect securities managed by Vanguard Capital Management and affiliated business divisions and include shares held by Vanguard funds and managed accounts.
Corpay, Inc. Chief Accounting Officer Alissa B. Vickery reported compensation-related stock transactions, not open-market trades. On April 22, 2026, she received two performance-based restricted stock awards totaling 1,152 common shares, recorded at $0.00 per share as compensation grants.
On the same date, 378 shares were withheld at $329.93 per share to cover tax liabilities associated with these vesting awards under Rule 16b-3. After these grant and tax-withholding dispositions, she directly owns 2,787 shares of Corpay common stock.
Corpay, Inc. asks shareholders to elect twelve directors, ratify Ernst & Young as auditor, approve executive pay on an advisory basis, and vote on a shareholder proposal for an independent Board Chair at its May 7, 2026 annual meeting. The company highlights record 2025 results with revenue of $4.5 billion, adjusted EPS of $21.38, and adjusted EBITDA over $2.6 billion, driven by growth in corporate and vehicle payments and several large acquisitions and investments. The Board emphasizes its largely independent composition, committee structure, technology and cybersecurity oversight, and “forward‑leaning” governance and compensation practices that tie most named executive officer pay to equity and performance metrics such as Adjusted EPS and revenue.
Corpay, Inc. Group President International Vehicle Payments Alan King reported an amended stock award and related tax withholding. He received 683 shares of common stock as performance-based restricted stock vesting, and 250 shares were withheld at $337.12 per share to cover tax obligations.
After these adjustments, the filing shows 23,356 shares held directly, with a footnote indicating an updated figure of 24,537 shares inclusive of other disclosed activity. The disposition is strictly for tax payment and does not reflect an open-market sale.
Corpay Inc ownership disclosure: The Vanguard Group filed an Amendment No. 11 to its Schedule 13G/A reporting beneficial ownership of 0 shares (0%) of Corpay Inc common stock. The filing explains an internal realignment: certain Vanguard subsidiaries now report separately, "in accordance with SEC Release No. 34-39538 (January 12, 1998)".
The filing is signed by Ashley Grim, Head of Global Fund Administration. The document lists Vanguard's Malvern address and states that no single other person holds more than 5% of the class.
Corpay, Inc. executive Armando Lins Netto reported a routine tax-related share disposition. On the vesting of equity under Rule 16b-3, 760 shares of Common Stock were withheld at $310.22 per share to cover tax liabilities. After this withholding, he directly holds 33,035 shares, so the transaction affects only a small portion of his position and does not represent an open-market sale.