Filing Flows › Corpay (CPAY) › Operating margin
Corpay (CPAY) operating margin by quarter
Corpay's operating margin was 45.0% in Q3 2026 (third quarter 2026), +9.7 pts from Q2 2026. Over the last 7 quarters it ranged from 35.3% (Q2 2026) to 50.4% (Q1 2026).
| Quarter | Operating margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 45.0% | +9.7 pts | +0.3 pts |
| Q2 2026 | 35.3% | -15.2 pts | -8.2 pts |
| Q1 2026 | 50.4% | +5.2 pts | +8.0 pts |
| Q4 2025 | 45.2% | +0.6 pts | — |
| Q3 2025 | 44.6% | +1.1 pts | — |
| Q2 2025 | 43.5% | +1.0 pts | — |
| Q1 2025 | 42.5% | — | — |
Q3 2026 at a glance
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
What is Corpay's operating margin?
Corpay's operating margin was 45.0% in Q3 2026 (third quarter 2026), +9.7 pts from Q2 2026.
How has Corpay's operating margin changed?
Over the last 7 quarters it ranged from 35.3% (Q2 2026) to 50.4% (Q1 2026).