Corpay (CPAY) Net Margin (2010 - 2026)
Corpay's (CPAY) quarterly Net Margin came in at 18.81% in Q2 2026, down 697.0% on a YoY basis from 3.15% in Q2 2025, and down 32.95% quarter-over-quarter from 28.05% in Q1 2026.
Analysis
Corpay (CPAY) Net Margin (2010 - 2026) Analysis & Trends
Corpay (CPAY) has reported Net Margin for 17 consecutive years, with 18.81% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin fell 697.0% year-over-year to 18.81%; the trailing twelve-month figure through Jun 2026 stood at 22.9% (down 228.0% YoY), and the FY2025 full-year result was 23.67%, down 158.0% from the prior year.
- Net Margin fell to 18.81% in Q2 2026 per CPAY's latest filing, from 28.05% in the prior quarter.
- Across five years, Net Margin topped out at 30.44% in Q2 2022 and bottomed at 18.81% in Q2 2026.
- Historically, Net Margin has averaged 25.48% across 5 years, with a median of 25.64% in 2025.
- The widest YoY moves for Net Margin: up 380 bps in 2026, down 697 bps in 2026.
- Over 5 years, Net Margin stood at 25.5% in 2022, then advanced by 7 bps to 27.3% in 2023, then retreated by 13 bps to 23.78% in 2024, then dropped by 11 bps to 21.28% in 2025, then dropped by 12 bps to 18.81% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 18.81%, 28.05%, and 21.28% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 1.32% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 12.72% |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 11.70% |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 18.81% |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 0.22% |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 14.41% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 7.39% |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 7.09% |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 13.67% |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | 27.23% |
Historic Data
Download Data
Historic 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 | 27.30% |
| Sep 30, 2023 | 27.96% |
| Jun 30, 2023 | 25.28% |
| Mar 31, 2023 | 23.84% |
| Dec 31, 2022 | 25.50% |
| Sep 30, 2022 | 27.87% |
| Jun 30, 2022 | 30.44% |
| Mar 31, 2022 | 27.62% |
| Dec 31, 2021 | 28.05% |
| Sep 30, 2021 | 30.97% |