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How Corpay (CPAY) makes money

Corpay (CPAY) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Of every dollar of revenue, 45¢ was left as operating profit, 27¢ was left as net earnings.

Drawing the Sankey…

Corpay revenue by quarterCorpay revenue by quarter$1.0BQ1 2025$1.1BQ2 2025$1.2BQ3 2025$1.2BQ4 2025$1.3BQ1 2026$1.3BQ2 2026$1.4BQ3 2026
Corpay: where each dollar of revenue goesCorpay: where each dollar of revenue goesOperating profit45¢Income tax9¢Net earnings27¢

Where each dollar of revenue goes

LineQ3 2026% of revenue
Revenue$1.4B100.0%
Operating profit$621M45.0%
Income tax$120M8.7%
Net earnings$378M27.4%

Revenue, quarter by quarter

QuarterRevenueY/Y
Q3 2026$1.4B+18%
Q2 2026$1.3B+22%
Q1 2026$1.3B+25%
Q4 2025$1.2B+21%
Q3 2025$1.2B+14%
Q2 2025$1.1B+13%
Q1 2025$1.0B+8%

From Corpay's 10-Q filed Nov 5, 2026 (on EDGAR).

Questions

How does Corpay make money?

Corpay (CPAY) made $1.4B of revenue in the third quarter 2026 (Q3 2026), +18% from a year earlier. Of every dollar of revenue, 45¢ was left as operating profit, 27¢ was left as net earnings.

What is Corpay's profit margin?

Net earnings were $378M, 27.4% of revenue, in the third quarter 2026; the operating margin was 45.0%.

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Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.