Corpay (CPAY) Cost of Revenue (2010 - 2026)

Corpay (CPAY) posted Cost of Revenue of $148.2 million for Q1 2026, up 7.38% on a QoQ basis from $138.0 million in Q4 2025, and up 37.79% year-over-year from $107.6 million in Q1 2025.

Corpay (CPAY) Cost of Revenue (2010 - 2026) Analysis & Trends

Corpay's Cost of Revenue history runs 17 years deep, the most recent figure standing at $148.2 million for Q1 2026.

  • Quarterly Cost of Revenue rose 37.79% year-over-year to $148.2 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $519.6 million (up 31.8% YoY) and the FY2025 annual result came in at $479.0 million, up 25.75% from the prior year.
  • Cost of Revenue was $148.2 million for Q1 2026 at Corpay, up from $138.0 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $148.2 million in Q1 2026 and bottomed at $74.0 million in Q3 2022.
  • A 5-year average of $97.5 million and a median of $94.2 million in 2024 frame the typical range for Cost of Revenue.
  • Peak annual rise in Cost of Revenue reached 47.63% in 2022, while the deepest fall reached 3.93% in 2022.
  • Corpay's Cost of Revenue stood at $78.9 million in 2022, then grew by 9.3% to $86.2 million in 2023, then gained by 13.13% to $97.5 million in 2024, then soared by 41.54% to $138.0 million in 2025, then increased by 7.38% to $148.2 million in 2026.
  • Business Quant data shows CPAY's Cost of Revenue at $148.2 million in Q1 2026, $138.0 million in Q4 2025, and $117.6 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 26.83 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 71.28 Mn
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 215.80 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 685.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 311.70 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 364.50 Mn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 184.16 Mn
10 Corpay 26.01 Bn 19.73 Bn 1.11 Bn 148.21 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 148.21 Mn
Mar 31, 2026 148.21 Mn
Dec 31, 2025 138.03 Mn
Dec 31, 2025 138.03 Mn
Sep 30, 2025 117.63 Mn
Sep 30, 2025 117.63 Mn
Jun 30, 2025 115.78 Mn
Jun 30, 2025 115.78 Mn
Mar 31, 2025 107.56 Mn
Mar 31, 2025 107.56 Mn
Dec 31, 2024 97.51 Mn
Dec 31, 2024 97.51 Mn
Sep 30, 2024 94.16 Mn
Sep 30, 2024 94.16 Mn
Jun 30, 2024 95.04 Mn
Jun 30, 2024 95.04 Mn
Mar 31, 2024 94.19 Mn
Mar 31, 2024 94.19 Mn
Dec 31, 2023 86.20 Mn
Dec 31, 2023 86.20 Mn