Corpay (CPAY) Net Margin (2010 - 2026)
Corpay (CPAY) reported Net Margin of 28.05% for Q1 2026, up 380.0% on a YoY basis from 5.84% in Q1 2025, and up 31.82% quarter-over-quarter from 21.28% in Q4 2025.
Corpay (CPAY) Net Margin (2010 - 2026) Analysis & Trends
Corpay has reported Net Margin for 17 years, with the latest figure at 28.05% in Q1 2026.
- For the quarter ending Q1 2026, Net Margin rose 380.0% year-over-year to 28.05%; the trailing twelve-month figure through Mar 2026 stood at 24.7% (down 46.0% YoY), and the FY2025 full-year result was 23.67%, down 158.0% from the prior year.
- Net Margin for Q1 2026 stood at 28.05%, up from 21.28% in the prior quarter.
- The five-year high for Net Margin was 384.56% in Q4 2023, with the low at 21.28% in Q4 2025.
- Historically, Net Margin has averaged 53.34% across 5 years, with a median of 25.79% in 2024.
- Annual changes were most pronounced in 2023 — Net Margin surged 27247 bps — and 2024, when it plunged 36078 bps.
- Corpay's Net Margin stood at 112.09% in 2022, then surged by 243 bps to 384.56% in 2023, then tumbled by 94 bps to 23.78% in 2024, then fell by 11 bps to 21.28% in 2025, then jumped 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,064.95 Bn | 2,986.68 Bn | 56.06 Bn | 38.34% |
| 2 | Alarum Technologies | 1,117.04 Bn | 1,102.89 Bn | 7.23 Mn | 5.06% |
| 3 | Oracle | 608.54 Bn | 569.96 Bn | 15.14 Bn | 21.52% |
| 4 | Palantir Technologies | 326.97 Bn | 319.05 Bn | 1.42 Bn | 53.68% |
| 5 | Palo Alto Networks | 185.10 Bn | 180.56 Bn | 1.91 Bn | 16.65% |
| 6 | CrowdStrike Holdings | 165.31 Bn | 162.25 Bn | 993.68 Mn | 4.71% |
| 7 | Fortinet | 105.66 Bn | 102.37 Bn | 1.49 Bn | 28.90% |
| 8 | Synopsys | 89.71 Bn | 89.60 Bn | 1.77 Bn | 2.69% |
| 9 | Cloudflare | 87.54 Bn | 86.60 Bn | 455.60 Mn | -3.58% |
| 10 | Corpay | 23.53 Bn | 17.56 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% |