Corpay CPAY
NYSE CPAY
$408.73 -7.64 (-1.83%)
As of: Sep 8, 2026 · 3:21 PM EDT

Corpay (CPAY) Operating Margin (2010 - 2026)

Corpay's (CPAY) quarterly Operating Margin came in at 35.28% in Q2 2026, down 822.0% on a YoY basis from 4.89% in Q2 2025, and down 30.08% quarter-over-quarter from 50.45% in Q1 2026.

Analysis

Corpay (CPAY) Operating Margin (2010 - 2026) Analysis & Trends

Corpay (CPAY) has reported Operating Margin for 17 consecutive years, with 35.28% the latest figure, recorded in Q2 2026.

  • For the quarter ending Q2 2026, Operating Margin fell 822.0% year-over-year to 35.28%; the trailing twelve-month figure through Jun 2026 stood at 43.74% (down 92.0% YoY), and the FY2025 full-year result was 44.04%, down 93.0% from the prior year.
  • Operating Margin eased to 35.28% in Q2 2026 per CPAY's latest filing, from 50.45% in the prior quarter.
  • Across five years, Operating Margin topped out at 50.45% in Q1 2026 and bottomed at 35.28% in Q2 2026.
  • Historically, Operating Margin has averaged 43.67% across 5 years, with a median of 43.55% in 2022.
  • The widest YoY moves for Operating Margin: up 798 bps in 2026, down 822 bps in 2026.
  • Over 5 years, Operating Margin stood at 41.79% in 2022, then advanced by 8 bps to 45.24% in 2023, then grew by 4 bps to 47.21% in 2024, then fell by 4 bps to 45.22% in 2025, then dropped by 22 bps to 35.28% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 35.28%, 50.45%, and 45.22% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Block 48.08 Bn 41.65 Bn 3.17 Bn 6.75%
2 PayPal Holdings 46.69 Bn 35.43 Bn - 16.44%
3 Fiserv 26.99 Bn 26.37 Bn 3.59 Bn 19.18%
4 Corpay 26.78 Bn 19.78 Bn 1.19 Bn 35.28%
5 Global Payments 24.15 Bn 18.74 Bn 2.03 Bn 10.15%
6 Wex 6.49 Bn 383.66 Mn 463.80 Mn 26.97%
7 Aci Worldwide 5.27 Bn 5.10 Bn 181.57 Mn 10.37%
8 Paymentus Holdings 4.47 Bn 4.09 Bn 94.31 Mn 9.04%
9 dLocal 4.39 Bn 3.51 Bn 127.15 Mn 16.05%
10 Sezzle 4.01 Bn 3.93 Bn - 36.71%
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 35.28%
Mar 31, 2026 50.45%
Dec 31, 2025 45.22%
Sep 30, 2025 44.62%
Jun 30, 2025 43.50%
Mar 31, 2025 42.47%
Dec 31, 2024 47.21%
Sep 30, 2024 45.49%
Jun 30, 2024 44.41%
Mar 31, 2024 42.48%
Dec 31, 2023 45.24%
Sep 30, 2023 45.83%
Jun 30, 2023 43.52%
Mar 31, 2023 41.63%
Dec 31, 2022 41.79%
Sep 30, 2022 43.58%
Jun 30, 2022 43.01%
Mar 31, 2022 40.26%
Dec 31, 2021 42.42%
Sep 30, 2021 44.83%