Corpay (CPAY) Cost of Revenue (2010 - 2026)
Corpay (CPAY) posted Cost of Revenue of $148.2 million for Q1 2026, up 7.38% quarter-over-quarter from $138.0 million in Q4 2025, and up 37.79% year-on-year from $107.6 million in Q1 2025.
Corpay (CPAY) Cost of Revenue (2010 - 2026) Analysis & Trends
Corpay (CPAY) has reported Cost of Revenue for 17 consecutive years, with $148.2 million the latest figure, recorded in Q1 2026.
- Cost of Revenue for Q1 2026 came in at $148.2 million, up 37.79% year-over-year; the trailing twelve-month figure through Mar 2026 was $519.6 million (up 31.8% YoY), and the FY2025 annual result was $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.
- Over five years, Cost of Revenue peaked at $148.2 million in Q1 2026 and troughed at $74.0 million in Q3 2022.
- Average Cost of Revenue over 5 years is $97.5 million, with a median of $94.2 million recorded 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 increased by 9.3% to $86.2 million in 2023, then advanced by 13.13% to $97.5 million in 2024, then jumped by 41.54% to $138.0 million in 2025, then rose by 7.38% to $148.2 million in 2026.
- Per Business Quant data, the three most recent Cost of Revenue figures were $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 | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 6.81 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 2.07 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 215.80 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 823.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 463.58 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 636.30 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 184.16 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 396.38 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 3.15 Bn |
| 10 | Corpay | 23.03 Bn | 17.06 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 |