Corpay (CPAY) Cost of Revenue (2010 - 2026)
Corpay's (CPAY) quarterly Cost of Revenue came in at $150.6 million in Q2 2026, up 30.08% on a YoY basis from $115.8 million in Q2 2025, and up 1.62% quarter-over-quarter from $148.2 million in Q1 2026.
Analysis
Corpay (CPAY) Cost of Revenue (2010 - 2026) Analysis & Trends
Corpay (CPAY) has reported Cost of Revenue for 17 consecutive years, with $150.6 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Cost of Revenue rose 30.08% year-over-year to $150.6 million; the trailing twelve-month figure through Jun 2026 stood at $554.5 million (up 33.6% YoY), and the FY2025 full-year result was $479.0 million, up 25.75% from the prior year.
- Cost of Revenue grew to $150.6 million in Q2 2026 per CPAY's latest filing, from $148.2 million in the prior quarter.
- Across five years, Cost of Revenue topped out at $150.6 million in Q2 2026 and bottomed at $74.0 million in Q3 2022.
- Historically, Cost of Revenue has averaged $100.4 million across 5 years, with a median of $94.2 million in 2024.
- The widest YoY moves for Cost of Revenue: up 47.63% in 2022, down 3.93% in 2022.
- Over 5 years, 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 climbed by 9.11% to $150.6 million in 2026.
- According to Business Quant data, Cost of Revenue over the past three periods registered $150.6 million, $148.2 million, and $138.0 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.11 Bn | 41.69 Bn | 3.17 Bn | 3.45 Bn |
| 2 | PayPal Holdings | 46.76 Bn | 35.51 Bn | - | - |
| 3 | Fiserv | 27.25 Bn | 26.62 Bn | 3.59 Bn | 1.71 Bn |
| 4 | Corpay | 26.88 Bn | 19.87 Bn | 1.19 Bn | 150.61 Mn |
| 5 | Global Payments | 24.33 Bn | 18.93 Bn | 2.03 Bn | 1.29 Bn |
| 6 | Wex | 6.47 Bn | 372.03 Mn | 463.80 Mn | 289.70 Mn |
| 7 | Aci Worldwide | 5.21 Bn | 5.04 Bn | 181.57 Mn | 248.85 Mn |
| 8 | Paymentus Holdings | 4.44 Bn | 4.06 Bn | 94.31 Mn | 266.43 Mn |
| 9 | dLocal | 4.38 Bn | 3.50 Bn | 127.15 Mn | 272.51 Mn |
| 10 | Sezzle | 4.03 Bn | 3.94 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 150.61 Mn |
| Mar 31, 2026 | 148.21 Mn |
| Dec 31, 2025 | 138.03 Mn |
| Sep 30, 2025 | 117.63 Mn |
| Jun 30, 2025 | 115.78 Mn |
| Mar 31, 2025 | 107.56 Mn |
| Dec 31, 2024 | 97.51 Mn |
| Sep 30, 2024 | 94.16 Mn |
| Jun 30, 2024 | 95.04 Mn |
| Mar 31, 2024 | 94.19 Mn |
| Dec 31, 2023 | 86.20 Mn |
| Sep 30, 2023 | 85.95 Mn |
| Jun 30, 2023 | 86.41 Mn |
| Mar 31, 2023 | 81.59 Mn |
| Dec 31, 2022 | 78.86 Mn |
| Sep 30, 2022 | 74.01 Mn |
| Jun 30, 2022 | 79.32 Mn |
| Mar 31, 2022 | 76.89 Mn |
| Dec 31, 2021 | 75.61 Mn |
| Sep 30, 2021 | 71.20 Mn |