Filing Flows › Corpay (CPAY) › Q2 2026 › vs Q1 2026
Corpay (CPAY) Q2 2026 vs Q1 2026 (quarter over quarter)
Corpay's revenue rose $77.8M (+6%) from $1.3B in Q1 2026 to $1.3B in Q2 2026. Operating margin 35.3% against 50.4% (-15.2 pts).
Corpay, Q2 2026: revenue $1.3B (+22% year over year), operating margin 35.3%, net earnings $248M, operating cash flow $1.5B. The chart draws each line against Q1 2026, the increases inside each band.
Margins
| Q2 2026 | Q1 2026 | Change | |
|---|---|---|---|
| Operating margin | 35.3% | 50.4% | -15.2 pts |
| Net margin | 18.5% | 27.8% | -9.2 pts |
| Free cash flow margin | 105.7% | -8.5% | +114.3 pts |
Every line
| Line | Q2 2026 | Q1 2026 | Change | % |
|---|---|---|---|---|
| Revenue | $1.3B | $1.3B | $77.8M | +6% |
| Operating profit | $472M | $636M | −$164M | -26% |
| Costs & expenses | $867M | $625M | $242M | +39% |
| Pre-tax earnings | $345M | $505M | −$160M | -32% |
| Other expense, net | $128M | $131M | −$3.6M | -3% |
| Sales & marketing | $151M | $148M | $2.4M | +2% |
| General & admin | $224M | $204M | $19.9M | +10% |
| Other operating costs | $492M | $273M | $219M | +80% |
| Net earnings | $248M | $350M | −$102M | -29% |
| Minority interests | $3.5M | $3.6M | −$167K | -5% |
| Income tax | $92.9M | $151M | −$58.4M | -39% |
| Depreciation & amortization | $118M | $115M | $3.5M | +3% |
| Share-based compensation | $32.0M | $27.5M | $4.5M | +16% |
| Working capital & other | $1.1B | −$549M | $1.6B | — |
| Operating cash flow | $1.5B | −$56.6M | $1.5B | — |
| Free cash flow (OCF − capex) | $1.4B | −$108M | $1.5B | — |
| Capital expenditures | $54.4M | $51.1M | $3.3M | +7% |
Questions
How much did Corpay's revenue grow quarter over quarter in Q2 2026?
Corpay's revenue rose $77.8M (+6%) from $1.3B in Q1 2026 to $1.3B in Q2 2026. Operating margin 35.3% against 50.4% (-15.2 pts).