Corpay Q3 FY26: revenue up 17.9%, adjusted EPS $7.54, outlook raised
Corpay beat on both lines and lifted full-year guidance: revenue rose 17.9% to $1.38 billion and adjusted EPS came in at $7.54 against a $7.3473 consensus. The read-through is straightforward — 11.0% organic growth plus buybacks that cut diluted shares 6.6% did most of the work, while a much lower tax rate added a lift that may not repeat. Below we separate operating gains from accounting help.
1 · Expected vs. Actual
Free preview belowGAAP EPS rose 44.8% to $5.66, and adjusted EPS rose 32.3% to $7.54 from $5.70, clearing the $7.3473 consensus by $0.19. Diluted shares fell to 66.4 million from 71.1 million, a 6.6% reduction that flatters every per-share figure. Net income grew 36.2% while operating income grew 18.8%, so the bottom line had help from a lower tax rate.
Revenue of $1.38 billion rose 17.9% from $1.17 billion a year earlier, and management put organic growth at 11.0%. Corporate Payments jumped 40.8% to $571.3 million on the Alpha acquisition, but even there organic growth was 18.0%; Vehicle Payments, the largest segment, grew just 7.7% and Lodging 3.2%.
Full-year 2026 revenue is guided to $5.340 billion to $5.360 billion (midpoint $5.35 billion, +18.0%) and adjusted EPS to $27.90 to $28.10 (midpoint $28.00, +31.0%). For Q4 the company points to roughly $1.37 billion of revenue and $7.65 of adjusted EPS at the midpoint. That means Q4 revenue is guided slightly below Q3's $1.38 billion, so the raise is real but modest.
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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 2026-11-05
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