Corpay Q2 FY2026: revenue up 21%, adjusted EPS beats at $7.00
Corpay beat on the bottom line: adjusted EPS of $7.00 versus a $6.71 consensus, on revenue of $1.34 billion, up 21.0%. Organic growth was 10.0% and management raised full-year revenue and profit guidance. The catch is GAAP: net income fell 13.0% to $248.31 million because of a $100 million FTC settlement charge. Read the quarter as a strong operating print with one legal hit inside GAAP.
1 · Expected vs. Actual
Free preview belowGAAP diluted EPS fell 7.0% to $3.70 because the FTC charge and other adjustments sit inside GAAP. Adjusted EPS rose 36.0% to $7.00, beating the $6.71 consensus by roughly $0.29, and adjusted net income rose 27.0% to $464.38 million. The gap between the two EPS lines is the whole story of this quarter.
Revenue of $1.34 billion rose 21.0% from $1.10 billion a year ago, clearing the $1.295 billion midpoint management had guided for this quarter. Corporate Payments did the heavy lifting at $548.72 million, up 42.0%, while Vehicle Payments grew 13.0% to $580.21 million. Strip out fuel, foreign exchange and acquisitions and organic growth was 10.0%.
Management raised full-year 2026 revenue guidance to $5.290 billion to $5.330 billion, 17.0% growth at the midpoint, and adjusted EPS to $27.15 to $27.55, 28.0% growth. GAAP EPS guidance is $19.50 to $19.90, again showing how much sits between the two measures. For the third quarter it points to roughly $1.355 billion of revenue and $7.15 of adjusted EPS.
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Figures on this page come from the company's original SEC filings. The analysis is generated automatically and checked against validation rules, but may still contain errors or omissions. Not investment advice. · Generated 2026-09-17
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