Corpay, Inc. (BIT:1CPAY)

Corpay Income Statement

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	4,528	3,975	3,758	3,427	2,834
Revenue Growth (YoY)	13.93%	5.77%	9.65%	20.94%	18.62%
Cost of Revenue	969.18	869.09	819.91	764.71	559.82
Gross Profit	3,559	3,106	2,938	2,662	2,274
Selling, General & Admin	1,212	997.78	943.58	893.22	747.95
Other Operating Expenses	2.06	0.79	0.75	0.28	-0.78
Operating Expenses	1,607	1,350	1,281	1,216	1,031
Operating Income	1,952	1,756	1,657	1,447	1,243
Interest Expense	-403.85	-383.04	-348.61	-164.66	-113.71
Interest & Investment Income	-	-	0.12	-	0.01
Currency Exchange Gain (Loss)	-	-9.2	-4.8	-1.7	-3.7
Other Non Operating Income (Expenses)	-46.99	-4.52	7.71	-1.3	-0.16
EBT Excluding Unusual Items	1,501	1,359	1,311	1,279	1,125
Impairment of Goodwill	-	-90	-	-	-
Gain (Loss) on Sale of Investments	-	-0.24	-	-1.38	-
Gain (Loss) on Sale of Assets	42.26	121.31	13.71	-	-
Other Unusual Items	-1.6	-5.04	-	-1.93	-16.19
Pretax Income	1,542	1,385	1,325	1,276	1,109
Income Tax Expense	469.73	381.38	343.12	321.33	269.31
Earnings From Continuing Operations	1,072	1,004	981.89	954.33	839.5
Minority Interest in Earnings	-2.12	0.01	-	-	-
Net Income	1,070	1,004	981.89	954.33	839.5
Net Income to Common	1,070	1,004	981.89	954.33	839.5
Net Income Growth	6.58%	2.23%	2.89%	13.68%	19.21%
Shares Outstanding (Basic)	70	70	73	76	82
Shares Outstanding (Diluted)	71	72	74	77	84
Shares Change (YoY)	-1.10%	-3.41%	-3.22%	-8.56%	-3.06%
EPS (Basic)	15.25	14.27	13.42	12.62	10.23
EPS (Diluted)	15.03	13.97	13.20	12.42	9.99
EPS Growth	7.59%	5.83%	6.28%	24.32%	23.03%
Free Cash Flow	1,299	1,765	1,947	603.37	1,086
Free Cash Flow Per Share	18.28	24.57	26.18	7.85	12.91
Gross Margin	78.60%	78.13%	78.18%	77.69%	80.24%
Operating Margin	43.10%	44.18%	44.09%	42.21%	43.85%
Profit Margin	23.63%	25.25%	26.13%	27.85%	29.63%
Free Cash Flow Margin	28.69%	44.42%	51.82%	17.61%	38.31%
EBITDA	2,345	2,107	1,992	1,766	1,527
EBITDA Margin	51.79%	53.01%	53.02%	51.53%	53.88%
D&A For EBITDA	393.3	350.91	335.38	319.21	284.2
EBIT	1,952	1,756	1,657	1,447	1,243
EBIT Margin	43.10%	44.18%	44.09%	42.21%	43.85%
Effective Tax Rate	30.47%	27.53%	25.90%	25.19%	24.29%
Advertising Expenses	-	75	64.6	65.5	54.8

Source: S&P Global Market Intelligence. Standard template. Financial Sources.