Corpay (CPAY) Net Margin (2010 - 2026)
Corpay's (CPAY) quarterly Net Margin came in at 28.05% in Q1 2026, up 380.0% YoY from 5.84% in Q1 2025, and up 31.82% on a QoQ basis from 21.28% in Q4 2025.
Corpay (CPAY) Net Margin (2010 - 2026) Analysis & Trends
Corpay (CPAY) has 17 years of Net Margin data on file, last reported at 28.05% in 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 climbed to 28.05% in Q1 2026, from 21.28% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 230.45% in Q1 2022 to a low of 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 tumbled 20662 bps.
- Tracing CPAY's Net Margin over 5 years: stood at 44.97% in 2022, then soared by 374 bps to 213.34% in 2023, then sank by 89 bps to 23.78% in 2024, then decreased by 11 bps to 21.28% in 2025, then surged by 32 bps to 28.05% in 2026.
- The last three Net Margin figures came in at 28.05% (Q1 2026), 21.28% (Q4 2025), and 23.74% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 36.78% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 55.08% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 30.88% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -5.90% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 29.55% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -24.42% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 2.69% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -24.31% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 1.32% |
| 10 | Corpay | 26.70 Bn | 19.70 Bn | 1.19 Bn | 18.81% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 18.81% |
| 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% |