Corpay (CPAY) Net Margin (2010 - 2026)
Corpay (CPAY) posted Net Margin of 28.05% for Q1 2026, up 31.82% quarter-over-quarter from 21.28% in Q4 2025, and up 380.0% year-on-year from 5.84% in Q1 2025.
Corpay (CPAY) Net Margin (2010 - 2026) Analysis & Trends
Corpay (CPAY) has reported Net Margin for 17 consecutive years, with 28.05% the latest figure, recorded in Q1 2026.
- Net Margin for Q1 2026 came in at 28.05%, up 380.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 24.7% (down 46.0% YoY), and the FY2025 annual result was 23.67%, down 158.0% from the prior year.
- Net Margin was 28.05% for Q1 2026 at Corpay, up from 21.28% in the prior quarter.
- Over five years, Net Margin peaked at 384.56% in Q4 2023 and troughed at 21.28% in Q4 2025.
- Average Net Margin over 5 years is 53.34%, with a median of 25.79% recorded in 2024.
- Year-over-year, Net Margin jumped 27247 bps in 2023 and slumped 36078 bps in 2024.
- Over 5 years, Net Margin stood at 112.09% in 2022, then surged by 243 bps to 384.56% in 2023, then slumped by 94 bps to 23.78% in 2024, then slipped by 11 bps to 21.28% in 2025, then jumped by 32 bps to 28.05% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 28.05% in Q1 2026, 21.28% in Q4 2025, and 23.74% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 38.34% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 22.44% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 53.68% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 16.65% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 4.71% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 28.90% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -3.58% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 2.69% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -5.10% |
| 10 | Corpay | 23.03 Bn | 17.06 Bn | 1.11 Bn | 28.05% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 28.05% |
| Dec 31, 2025 | 21.28% |
| Sep 30, 2025 | 23.74% |
| Jun 30, 2025 | 25.78% |
| Mar 31, 2025 | 24.25% |
| Dec 31, 2024 | 23.78% |
| Sep 30, 2024 | 26.84% |
| Jun 30, 2024 | 25.79% |
| Mar 31, 2024 | 24.57% |
| Dec 31, 2023 | 384.56% |
| Sep 30, 2023 | 27.96% |
| Jun 30, 2023 | 25.28% |
| Mar 31, 2023 | 23.84% |
| Dec 31, 2022 | 112.09% |
| Sep 30, 2022 | 27.87% |
| Jun 30, 2022 | 53.52% |
| Mar 31, 2022 | 27.62% |
| Dec 31, 2021 | 28.05% |
| Sep 30, 2021 | 30.97% |
| Jun 30, 2021 | 29.41% |