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| Date | Value |
|---|---|
| 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 |