Filing Flows › Corpay (CPAY) › Q2 2026
Corpay (CPAY) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 10, 2026
Corpay (CPAY) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +21% from a year earlier and +6% from the quarter before. Operating margin was 35.3%, net earnings $248M (18.5% of revenue).
Corpay, Q2 2026: revenue $1.3B (+22% year over year), operating margin 35.3%, net earnings $248M, operating cash flow $1.5B. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.3B | +6% | +21% |
| Operating profit | $472M | -26% | -1% |
| Net earnings | $248M | -29% | -13% |
| Operating cash flow | $1.5B | — | +29% |
| Free cash flow | $1.4B | — | +30% |
What changed
Revenue was $1.3B in Q2 2026, up 21% year over year and up 6% from the previous quarter.
Operating profit was $0.47B, a 35.3% margin (down 8.2 points year over year). Operating profit fell $0.01B even though revenue rose $0.24B versus Q2 2025, so costs grew faster than sales. Total costs grew 39% against revenue growth of 21%. The fastest-growing cost line was Other operating costs (+49%). Net earnings were $0.25B, down 13% year over year. The effective tax rate was 27.0%.
Operating cash flow was $1.5B (up 29% year over year), 584% of net earnings. Non-cash charges added back $0.12B of depreciation and amortization and $0.03B of share-based compensation. Working capital and other items added $1.1B. Capital expenditures of $0.05B left free cash flow of $1.4B.
Questions
What was Corpay's revenue in the second quarter 2026?
Corpay (CPAY) reported revenue of $1.3B for the second quarter 2026 (Q2 2026), +21% from a year earlier and +6% from the quarter before.
Was Corpay profitable in the second quarter 2026?
Operating profit was $472M (35.3% of revenue) and net earnings $248M.
Source: Corpay 10-Q on SEC EDGAR.