Corpay (CPAY) Cost of Revenue (2010 - 2026)
Corpay (CPAY) reported Cost of Revenue of $148.2 million for Q1 2026, up 37.79% on a YoY basis from $107.6 million in Q1 2025, and up 7.38% quarter-over-quarter from $138.0 million in Q4 2025.
Corpay (CPAY) Cost of Revenue (2010 - 2026) Analysis & Trends
Corpay has reported Cost of Revenue for 17 years, with the latest figure at $148.2 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue rose 37.79% year-over-year to $148.2 million; the trailing twelve-month figure through Mar 2026 stood at $519.6 million (up 31.8% YoY), and the FY2025 full-year result was $479.0 million, up 25.75% from the prior year.
- Cost of Revenue for Q1 2026 stood at $148.2 million, up from $138.0 million in the prior quarter.
- The five-year high for Cost of Revenue was $148.2 million in Q1 2026, with the low at $74.0 million in Q3 2022.
- Historically, Cost of Revenue has averaged $97.5 million across 5 years, with a median of $94.2 million in 2024.
- The largest YoY upside for Cost of Revenue was 47.63% in 2022 against a maximum downside of 3.93% in 2022.
- Corpay's Cost of Revenue stood at $78.9 million in 2022, then advanced by 9.3% to $86.2 million in 2023, then increased by 13.13% to $97.5 million in 2024, then jumped by 41.54% to $138.0 million in 2025, then climbed by 7.38% to $148.2 million in 2026.
- The last three Cost of Revenue figures came in at $148.2 million (Q1 2026), $138.0 million (Q4 2025), and $117.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,957.81 Bn | 2,879.54 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Alarum Technologies | 1,062.12 Bn | 1,047.96 Bn | 7.23 Mn | 4.48 Mn |
| 3 | Oracle | 576.96 Bn | 538.38 Bn | 15.14 Bn | 2.05 Bn |
| 4 | Palantir Technologies | 312.40 Bn | 304.48 Bn | 1.42 Bn | 215.80 Mn |
| 5 | Palo Alto Networks | 182.37 Bn | 177.84 Bn | 1.91 Bn | 823.00 Mn |
| 6 | CrowdStrike Holdings | 162.52 Bn | 159.46 Bn | 993.68 Mn | 463.58 Mn |
| 7 | Fortinet | 102.63 Bn | 99.33 Bn | 1.49 Bn | 636.30 Mn |
| 8 | Synopsys | 87.41 Bn | 87.29 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Cloudflare | 77.39 Bn | 76.44 Bn | 455.60 Mn | 184.16 Mn |
| 10 | Corpay | 23.66 Bn | 17.69 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 |