Filing Flows › Corpay (CPAY) › Guidance history
Corpay (CPAY) guidance history: what it guided and what it reported
Corpay gave guidance in 12 earnings releases on file since May 8, 2024. Of 6 guided periods since reported, it met or beat its own guidance 4 times (67%). Revenue: 4 of 4, on average +1.3% against the guided midpoint. Its releases raised guidance 6 times and lowered it once.
Revenue
Met or beat 4 of 4 periods (2 above, 2 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q3 2026 | $1.4B (Aug 5, 2026) | $1.4B | above the range | +2.0% |
| Q2 2026 | $1.3B (May 7, 2026) | $1.3B | above the range | +3.4% |
| FY2026 | $5.2B–$5.3B (Feb 4, 2026) → raised $5.2B–$5.3B (May 7, 2026) → raised $5.3B–$5.3B (Aug 5, 2026) → raised $5.3B–$5.4B (Nov 4, 2026) | — | to be reported | — |
| FY2025 | $4.3B–$4.5B (Feb 5, 2025) → raised $4.4B–$4.5B (May 6, 2025) → raised $4.4B–$4.5B (Aug 6, 2025) → raised $4.5B–$4.5B (Nov 5, 2025) | $4.5B | within the range | +0.3% |
| FY2024 | $4.0B–$4.0B (May 8, 2024) → reaffirmed $4.0B–$4.0B (Aug 7, 2024) → reaffirmed $4.0B (Nov 7, 2024) | $4.0B | within the range | -0.5% |
| Q4 2024 | $1.0B–$1.1B (Nov 7, 2024) | — | — | — |
| Q3 2024 | $1.0B–$1.0B (Aug 7, 2024) | — | — | — |
| Q2 2024 | $960M–$980M (May 8, 2024) | — | — | — |
Adjusted revenue
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| Q4 2026 | $1.4B (Nov 4, 2026) | — | to be reported | — |
| FY2026 | $5.3B (Nov 4, 2026) | — | to be reported | — |
Adjusted net income
The guide is on an adjusted basis that the GAAP statements do not show, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $1.8B–$1.9B (Feb 4, 2026) → lowered $1.7B–$1.8B (May 7, 2026) → raised $1.8B–$1.8B (Aug 5, 2026) → raised $1.8B–$1.9B (Nov 4, 2026) | — | to be reported | — |
| FY2025 | $1.5B–$1.5B (Feb 5, 2025) → reaffirmed $1.5B–$1.5B (May 6, 2025) → reaffirmed $1.5B–$1.5B (Aug 6, 2025) → raised $1.5B–$1.5B (Nov 5, 2025) | — | — | — |
| FY2024 | $1.3B–$1.4B (May 8, 2024) → lowered $1.3B–$1.4B (Aug 7, 2024) → raised $1.4B–$1.4B (Nov 7, 2024) | — | — | — |
Tax rate
Met or beat 0 of 2 periods (2 above, 0 within, 0 below).
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2025 | 25.5%–26.5% (Aug 6, 2025) → reaffirmed 25.5%–26.5% (Nov 5, 2025) | 30.5% | above the range | +4.5 pts |
| FY2024 | 23.0%–24.0% (Nov 7, 2024) | 27.5% | above the range | +4.0 pts |
Adjusted tax rate
Every guided period is still to be reported.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | 25.0%–27.0% (Aug 5, 2026) → lowered 24.0%–26.0% (Nov 4, 2026) | — | to be reported | — |
Interest expense
This line is not in the statements Filing Flows reads, so there is no reported figure to hold it to.
| Period | Guided (and how it moved) | Reported | Result | vs midpoint |
|---|---|---|---|---|
| FY2026 | $435M–$465M (Aug 5, 2026) → lowered $435M–$455M (Nov 4, 2026) | — | to be reported | — |
| FY2025 | $360M–$390M (Aug 6, 2025) → raised $395M–$415M (Nov 5, 2025) | — | — | — |
| FY2024 | $380M–$390M (Nov 7, 2024) | — | — | — |
The latest quarter
Corpay, Q3 2026: revenue $1.4B (+18% year over year), operating margin 45.0%, net earnings $378M, operating cash flow −$697M. The chart follows the revenue to costs, profit and cash.
Questions
Does Corpay beat its guidance?
Corpay gave guidance in 12 earnings releases on file since May 8, 2024. Of 6 guided periods since reported, it met or beat its own guidance 4 times (67%). Revenue: 4 of 4, on average +1.3% against the guided midpoint.
How often does Corpay raise guidance?
Its earnings releases raised guidance 6 times and lowered it once since May 8, 2024.
Each guided period is held to the last guidance given before its figures were reported; a single figure counts as in line within 1% (0.25 pts for a rate). Reported figures are GAAP, from the company's filings; adjusted guidance shows its moves only.