US · Financials
Corpay (CPAY) stock research: earnings, ownership, and cash flow
Corpay operates in the Transaction & Payment Processing Services industry within the Financials sector and is a constituent of the S&P 500. This page connects filing evidence with ownership, insider activity, forecasts, ETFs, and peer context so each dataset can be checked against the others.
Deterministic, source-linked commentary
What the latest evidence says about CPAY
The newest reported numbers give CPAY a clearer starting point. 10-K covers CY2025. quarterly revenue was $585.5M; operating margin was 44.4%; trailing free cash flow was -$36.6M. Read together, these figures test whether scale is translating into profit and cash. Verify periods and company footnotes in the original SEC EDGAR filing.
Cross-checking the company pages keeps timing differences visible. Use institutional ownership, insider filings alongside the filing. Company facts can update before 13F positions, so align every source date and report period before treating a difference as a change in fundamentals.
Business model
Company snapshot
Corpay operates in the Transaction & Payment Processing Services industry within the Financials sector and is a constituent of the S&P 500. The latest standardized snapshot records N/A of trailing revenue, $1.16B of net income, and -$36.57M of free cash flow. These figures describe the reported company, while valuation and price require a separate market-data timestamp.
Operating lines
A named product, service, or operating exposure identified in the company description.
A named product, service, or operating exposure identified in the company description.
Geographic revenue mix
The current standardized filing dataset does not extract a comparable geographic revenue table for every issuer. Review the latest 10-K segment note for domestic and international mix, concentration, foreign-exchange sensitivity, and country-specific regulation.
10-K · 2026-02-27
What the latest filing shows
Revenue for the latest standardized quarter was $585.5M, while diluted EPS was 1.88. Revenue changed N/A from the comparable period. Gross margin was 12.1% and operating margin was 44.4%. Margin direction matters because it shows whether growth is translating into operating leverage or requiring more cost to support.
Open original SEC filingCY2018Q1
Earnings analysis
| Period | Revenue | Net income | EPS | Operating margin |
|---|---|---|---|---|
| CY2018Q1 | $585.5M | $174.94M | 1.88 | 44.4% |
| TTM | N/A | $1.16B | 16.36 | N/A |
| CY2025 | $4.53B | $1.07B | See filing | 44% |
The standardized data shows revenue growth of 0%, an operating margin of 0%, and a net margin of 0%. Without a dedicated earnings article, the original filing remains the primary source for management guidance and expectation comparisons.
Financials
Peer comparison
| Company | TTM revenue | Revenue growth | Operating margin | Tracked holders |
|---|---|---|---|---|
| CPAYCorpay | N/A | N/A | N/A | 0 |
| AIGAmerican International Group | $26.88B | -2% | N/A | 0 |
| APOApollo Global Management | $27.24B | -8.8% | N/A | 0 |
| MRSHMarsh McLennan | $27.98B | 7.6% | 24.2% | 0 |
| USBU.S. Bancorp | $28.58B | 4.7% | N/A | 0 |
| SCHWCharles Schwab Corporation | $24.07B | 15.8% | N/A | 0 |
| BLKBlackRock | $23.91B | 27% | 34.3% | 0 |
CPAY's 0% revenue growth and 0% operating margin should be read against peers using the same reporting definitions. A higher margin may reflect pricing power or business mix, while a lower margin can reflect investment, cyclicality, or weaker economics.
10-K · 2026-02-27
Key risk factors disclosed in the latest 10-K
The categories below are a deterministic research checklist anchored to Corpay's industry and latest annual filing. They summarize areas investors should locate in Item 1A; they do not replace the company's exact legal disclosure.
- Demand and product-cycle risk: Transaction & Payment Processing Services can experience changing customer demand, replacement cycles, and competitive product launches that affect revenue timing.
- Competition and execution: Market share depends on product quality, pricing, distribution, innovation, and management's ability to convert investment into durable customer demand.
- Supply chain and counterparties: Supplier concentration, logistics disruption, component availability, and customer concentration can affect delivery schedules, costs, and working capital.
- Regulation and litigation: Antitrust, privacy, securities, labor, tax, environmental, and industry-specific rules may change costs or restrict products and business practices.
- Financial and market risk: Foreign exchange, interest rates, credit conditions, investment values, and capital-allocation decisions can affect reported earnings and valuation.
Research workflow
Common research questions about CPAY
Who is the largest tracked institutional holder of CPAY?
The current tracked-manager sample does not identify an active CPAY holder. The CPAY ownership page will reflect a matching position when one enters the filing dataset.
What does recent insider activity show for CPAY?
No recent Form 4 transaction appears in the current CPAY window. Check the CPAY Form 4 history for later company-officer or director filings.
What business does Corpay operate?
Corpay operates in the Transaction & Payment Processing Services industry within the Financials sector and is a constituent of the S&P 500. The CPAY company snapshot connects that business description with reported revenue, profit, and cash flow.
How does CPAY compare with a close operating peer?
CPAY's revenue growth is not separately available and its operating margin is not separately available. Compare those figures with AIG research using the same definitions.
What do the latest financials say about CPAY?
10-K reports the available operating results. The supporting period and source are listed in the CPAY filing section.
How strong is CPAY's cash return profile?
Corpay does not show a positive trailing dividend cash outflow in the standardized snapshot, while free cash flow is -$36.6M. Review the CPAY filing evidence before assessing capital-allocation capacity.
Which reported changes matter most for the CPAY outlook?
Without a dedicated forecast, the key CPAY evidence is the direction of revenue, margin, cash flow, and company guidance. The CPAY earnings section keeps those reported changes together.
Primary and reference data
Sources and methodology
- Filings: SEC EDGAR CompanyFacts, 10-K, 10-Q, 8-K, Form 4, 13F-HR.
- Fundamentals: SEC EDGAR CompanyFacts; market references may use yfinance and Finnhub where explicitly available.
- ETF: Issuer disclosures and the locally dated ETF holdings snapshot.
Methodology: How SnowballHare parses and validates data.
Editorial standards: How research is published.
Disclaimer: Informational only; not investment, legal, or tax advice. Cross-check material facts against original filings before acting.
Reference notes
Data notes
Reporting dates
Use filing dates, report periods, and source links together for CPAY. A company filing, a 13F disclosure, a Form 4 transaction, and an earnings release can describe different time windows, so the date beside each row matters before comparing signals.
Ownership context
13F rows are delayed public long-equity snapshots from a selected manager universe. They are useful for seeing which tracked institutions reported exposure, but they do not show every hedge, short position, cash balance, or trade made after the quarter ended.
Insider transactions
Form 4 activity should be read by transaction type, role, value, and remaining ownership. Open-market purchases and sales are different from grants, option exercises, gifts, or tax withholding, and the original SEC filing is still the controlling document.
Earnings and forecasts
Earnings pages and forecast pages are linked when a supported article exists. Treat those pages as context for reported numbers, guidance, margins, and scenario assumptions, then return to the table data when you need the underlying source date or filing trail.