Corpay (CPAY) Net Margin (2010 - 2026)
Corpay (CPAY) posted Net Margin of 28.05% for Q1 2026, up 31.82% on a QoQ basis from 21.28% in Q4 2025, and up 380.0% year-over-year from 5.84% in Q1 2025.
Corpay (CPAY) Net Margin (2010 - 2026) Analysis & Trends
Corpay's Net Margin history runs 17 years deep, the most recent figure standing at 28.05% for Q1 2026.
- Quarterly Net Margin rose 380.0% year-over-year to 28.05% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 24.7% (down 46.0% YoY) and the FY2025 annual result came in at 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.
- Across five years, Net Margin topped out at 230.45% in Q1 2022 and bottomed at 21.28% in Q4 2025.
- A 5-year average of 52.52% and a median of 25.79% in 2024 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2022 — Net Margin jumped 20018 bps — and 2023, when it slumped 20662 bps.
- Corpay's Net Margin stood at 44.97% in 2022, then surged by 374 bps to 213.34% in 2023, then tumbled by 89 bps to 23.78% in 2024, then dropped by 11 bps to 21.28% in 2025, then jumped by 32 bps to 28.05% in 2026.
- Business Quant data shows CPAY's Net Margin at 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 | 2,915.52 Bn | 2,791.08 Bn | 56.06 Bn | 38.34% |
| 2 | PagSeguro Digital | 2,700.66 Bn | 2,700.66 Bn | 358.92 Mn | 13.90% |
| 3 | Oracle | 338.04 Bn | 306.14 Bn | - | 30.88% |
| 4 | Repay Holdings | 336.93 Bn | 336.78 Bn | - | - |
| 5 | Palantir Technologies | 296.21 Bn | 288.18 Bn | 1.42 Bn | 53.68% |
| 6 | Palo Alto Networks | 221.88 Bn | 217.34 Bn | 1.91 Bn | 16.65% |
| 7 | CrowdStrike Holdings | 180.13 Bn | 177.03 Bn | 993.68 Mn | 4.71% |
| 8 | Fortinet | 108.22 Bn | 104.92 Bn | 1.49 Bn | 28.90% |
| 9 | Cloudflare | 93.59 Bn | 92.65 Bn | 455.60 Mn | -3.58% |
| 10 | Corpay | 26.38 Bn | 20.10 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 | 213.34% |
| Sep 30, 2023 | 27.96% |
| Jun 30, 2023 | 25.28% |
| Mar 31, 2023 | 23.84% |
| Dec 31, 2022 | 44.97% |
| Sep 30, 2022 | 49.34% |
| Jun 30, 2022 | 53.52% |
| Mar 31, 2022 | 230.45% |
| Dec 31, 2021 | 28.05% |
| Sep 30, 2021 | 30.97% |
| Jun 30, 2021 | 29.40% |