Corpay (CPAY) Operating Expenses (2010 - 2026)
Corpay's (CPAY) quarterly Operating Expenses came in at $260.4 million in Q2 2026, up 25.93% on a YoY basis from $206.8 million in Q2 2025, and up 8.87% quarter-over-quarter from $239.2 million in Q1 2026.
Analysis
Corpay (CPAY) Operating Expenses (2010 - 2026) Analysis & Trends
Corpay (CPAY) has reported Operating Expenses for 17 consecutive years, with $260.4 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Expenses rose 25.93% year-over-year to $260.4 million; the trailing twelve-month figure through Jun 2026 stood at $971.7 million (up 26.91% YoY), and the FY2025 full-year result was $864.2 million, up 17.27% from the prior year.
- Operating Expenses rose to $260.4 million in Q2 2026 per CPAY's latest filing, from $239.2 million in the prior quarter.
- Across five years, Operating Expenses topped out at $260.7 million in Q4 2025 and bottomed at $164.7 million in Q1 2022.
- Historically, Operating Expenses has averaged $193.9 million across 5 years, with a median of $183.7 million in 2024.
- The sharpest annual moves came in 2024 and 2025: Operating Expenses decreased 2.04% in 2024, then soared 37.67% in 2025.
- Over 5 years, Operating Expenses stood at $168.8 million in 2022, then increased by 0.41% to $169.5 million in 2023, then gained by 11.72% to $189.4 million in 2024, then jumped by 37.67% to $260.7 million in 2025, then declined by 0.12% to $260.4 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $260.4 million, $239.2 million, and $260.7 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 2.72 Bn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 7.26 Bn |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 4.28 Bn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 260.40 Mn |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 2.98 Bn |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 233.50 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 385.77 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 61.69 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | -46.35 Mn |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | 94.72 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 260.40 Mn |
| Mar 31, 2026 | 239.18 Mn |
| Dec 31, 2025 | 260.72 Mn |
| Sep 30, 2025 | 211.38 Mn |
| Jun 30, 2025 | 206.77 Mn |
| Mar 31, 2025 | 185.36 Mn |
| Dec 31, 2024 | 189.38 Mn |
| Sep 30, 2024 | 184.12 Mn |
| Jun 30, 2024 | 183.29 Mn |
| Mar 31, 2024 | 180.19 Mn |
| Dec 31, 2023 | 169.52 Mn |
| Sep 30, 2023 | 176.13 Mn |
| Jun 30, 2023 | 187.12 Mn |
| Mar 31, 2023 | 180.66 Mn |
| Dec 31, 2022 | 168.82 Mn |
| Sep 30, 2022 | 172.58 Mn |
| Jun 30, 2022 | 170.09 Mn |
| Mar 31, 2022 | 164.66 Mn |
| Dec 31, 2021 | 160.67 Mn |
| Sep 30, 2021 | 141.30 Mn |