KPIs & Operating Metrics(New)
Growth Metrics

Corpay (CPAY) Gross Margin (2016 - 2025)

Corpay's Gross Margin history spans 16 years, with the latest figure at 88.94% for Q4 2025.

  • For Q4 2025, Gross Margin fell 163.0% year-over-year to 88.94%; the TTM value through Dec 2025 reached 89.42%, down 99.0%, while the annual FY2025 figure was 89.42%, 99.0% down from the prior year.
  • Gross Margin reached 88.94% in Q4 2025 per CPAY's latest filing, down from 89.97% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 91.71% in Q3 2022 to a low of 35.45% in Q1 2022.
  • Average Gross Margin over 5 years is 79.72%, with a median of 90.55% recorded in 2024.
  • Peak YoY movement for Gross Margin: plummeted -12689bps in 2022, then skyrocketed 12640bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 90.58% in 2021, then tumbled by -63bps to 33.77% in 2022, then soared by 169bps to 90.8% in 2023, then dropped by 0bps to 90.57% in 2024, then fell by -2bps to 88.94% in 2025.
  • Per Business Quant, the three most recent readings for CPAY's Gross Margin are 88.94% (Q4 2025), 89.97% (Q3 2025), and 89.49% (Q2 2025).