Corpay CPAY
NYSE CPAY
$407.02 -9.35 (-2.25%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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