Business payments company Corpay (NYSE: CPAY) beat Wall Street’s revenue expectations in Q2 CY2026, with sales up 21.5% year on year to $1.34 billion. The company expects the full year’s revenue to be around $5.31 billion, close to analysts’ estimates. Its non-GAAP profit of $7 per share was 6.3% above analysts’ consensus estimates.
Is now the time to buy Corpay? Find out by accessing our full research report, it’s free.
Corpay (CPAY) Q2 CY2026 Highlights:
- Volume: $147.6 million (33.7% year-on-year decline)
- Revenue: $1.34 billion vs analyst estimates of $1.30 billion (21.5% year-on-year growth, 2.8% beat)
- Pre-tax Profit: $344.7 million (25.7% margin)
- Adjusted EPS: $7 vs analyst estimates of $6.58 (6.3% beat)
- The company slightly lifted its revenue guidance for the full year to $5.31 billion at the midpoint from $5.29 billion
- Management raised its full-year Adjusted EPS guidance to $27.35 at the midpoint, a 2.4% increase
- Market Capitalization: $25.92 billion
Company Overview
Formerly known as FLEETCOR until its 2024 rebrand, Corpay (NYSE: CPAY) provides specialized payment solutions for businesses to manage vehicle expenses, corporate payments, and lodging costs with enhanced control and reporting capabilities.
Revenue Growth
A company’s long-term sales performance is one signal of its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Thankfully, Corpay’s 15.2% annualized revenue growth over the last five years was impressive. Its growth surpassed the average financials company and shows its offerings resonate with customers, a great starting point for our analysis.
We at StockStory place the most emphasis on long-term growth, but within financials, a half-decade historical view may miss recent interest rate changes, market returns, and industry trends. Corpay’s annualized revenue growth of 14.7% over the last two years aligns with its five-year trend, suggesting its demand was predictably strong. 
This quarter, Corpay reported robust year-on-year revenue growth of 21.5%, and its $1.34 billion of revenue topped Wall Street estimates by 2.8%.
ONE MORE THING: 3 Hidden Platforms Growing 3X Faster than Amazon, Google, and PayPal. Amazon, Google, and Meta all followed the same playbook: Dominate an ignored market. Build an unbeatable moat. Scale until you’re unstoppable.
These three platforms are running that exact playbook right now. The early investors in Amazon made fortunes. The early investors in these could do the same. Get All 3 Stocks Here for FREE.
Key Takeaways from Corpay’s Q2 Results
We were impressed by how significantly Corpay blew past analysts’ EBITDA expectations this quarter. We were also glad its full-year EPS guidance exceeded Wall Street’s estimates. Overall, this print had some key positives. The stock remained flat at $391.93 immediately after reporting.
So do we think Corpay is an attractive buy at the current price? If you’re making that decision, you should consider the bigger picture of valuation, business qualities, as well as the latest earnings. We cover that in our actionable full research report which you can read here (it’s free).
