KPIs & Operating Metrics(New)
Growth Metrics

Corpay (CPAY) Operating Expenses (2016 - 2025)

Corpay (CPAY) has disclosed Operating Expenses for 16 consecutive years, with $260.7 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses rose 37.65% year-over-year to $260.7 million, compared with a TTM value of $864.2 million through Dec 2025, up 17.26%, and an annual FY2025 reading of $864.2 million, up 17.26% over the prior year.
  • Operating Expenses was $260.7 million for Q4 2025 at Corpay, up from $211.4 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $260.7 million in Q4 2025 and bottomed at $126.0 million in Q1 2021.
  • Average Operating Expenses over 5 years is $177.6 million, with a median of $178.2 million recorded in 2023.
  • The sharpest move saw Operating Expenses surged 48.75% in 2021, then dropped 2.04% in 2024.
  • Year by year, Operating Expenses stood at $160.7 million in 2021, then increased by 5.07% to $168.8 million in 2022, then rose by 0.4% to $169.5 million in 2023, then rose by 11.73% to $189.4 million in 2024, then surged by 37.65% to $260.7 million in 2025.
  • Business Quant data shows Operating Expenses for CPAY at $260.7 million in Q4 2025, $211.4 million in Q3 2025, and $206.8 million in Q2 2025.