Every material Form 8-K Corpay has filed with the SEC since November 07, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Corpay, Inc. reported third-quarter 2026 results featuring an 18% increase in revenues to $1.38 billion and a 32% increase in adjusted net income per diluted share to $7.54. Driven by strong operational performance, management raised its full-year 2026 financial outlook, projecting revenue of approximately $5.35 billion at the midpoint. Shareholders also benefited from ongoing share repurchases totaling $1.85 billion through the end of the quarter.
Revenues grew 18% year-over-year to $1,381.9 million for the third quarter ended September 30, 2026.
Adjusted net income per diluted share increased 32% to $7.54 for the third quarter of 2026.
Full-year 2026 guidance was raised to a midpoint of $5.35 billion in revenue and $28.00 in adjusted net income per diluted share.
The company repurchased 5.25 million shares for $1.85 billion through the end of the third quarter of 2026.
Corpay reported second-quarter 2026 revenue of $1.34 billion, up 21% from a year earlier, and adjusted EPS of $7.00, up 36%. GAAP net income fell 13% to $248.3 million after a $100 million charge for a preliminary FTC settlement, and the company raised its full-year 2026 revenue and adjusted EPS guidance.
Q2 2026 revenues rose 21% to $1,338.8 million; GAAP diluted EPS fell 7% to $3.70 from $3.98.
Adjusted net income per diluted share rose 36% to $7.00 from $5.13; organic revenue growth was 10%.
FY2026 guidance: revenue of $5.290 billion to $5.330 billion and adjusted EPS of $27.15 to $27.55, up from prior levels.
Company repurchased 1 million shares for $321 million in the quarter and reported 2.55x leverage.
Corpay's Compensation Committee approved special performance-based restricted stock unit grants to Ronald F. Clarke and Armando L. Netto on July 22, 2026. The awards vest only if Corpay's stock closes at or above $425.00, $450.00 or $475.00 on five separate trading days before August 31, 2028, and are meant to align their pay with shareholder stock price gains and aid retention.
Grant date July 22, 2026; performance period runs through August 31, 2028
Clarke received 300,000 PSUs; Netto received 28,213 PSUs
Vesting tiers tied to stock price hurdles of $425.00, $450.00 and $475.00 on five separate trading days
Corpay entered into an eighteenth amendment to its credit agreement on May 21, 2026, increasing its revolving credit facility to $3.7 billion and Term Loan A to $3.3 billion, both maturing May 21, 2031, and increasing Term Loan B-6 to $2.95 billion. The company used proceeds to repay its Term Loan B-5 in full, and says the refinancing will lower annual interest expense and increase liquidity.
Revolving credit commitments rise by $0.9 billion to $3.7 billion; Term Loan A rises by $0.4 billion to $3.3 billion, both maturing May 21, 2031
Term Loan B-6 increases by $2.05 billion to $2.95 billion, maturing November 5, 2032
Term Loan B-5 repaid in full using Term Loan A and revolver proceeds of $1.0 billion and Term Loan B-6 proceeds of $2.05 billion
Company states USD interest rates are 10 basis points lower than the existing facilities
Corpay reported first-quarter 2026 revenue of $1,261.0 million, up 25%, and adjusted net income per diluted share of $5.80, up 29%. The company raised its full-year 2026 guidance, citing first-quarter over-performance, higher expected fuel prices and first-quarter trends running ahead of its expectations. GAAP results include a gain on the sale of a business that added about $81 million to net income, and the company repurchased 2.4 million shares for $786 million during the quarter.
Revenue rose 25% to $1,261.0 million from $1,005.7 million; organic revenue growth was 11%.
Adjusted EPS rose 29% to $5.80 from $4.51; GAAP diluted EPS rose 49% to $5.07, including about $1.19 per share from the business sale gain.
Full-year 2026 adjusted EPS guidance is now $26.30 to $27.10, and revenue guidance is $5.250 billion to $5.330 billion.
Second-quarter 2026 outlook calls for revenue of about $1.295 billion and adjusted EPS of $6.55 at the midpoint.
Corpay reported fourth-quarter 2025 revenue of $1,248.2 million, up 21%, and adjusted diluted EPS of $6.04, up 13%, both of which the company said finished ahead of its expectations. It also issued 2026 guidance calling for total revenues of $5,215 million to $5,315 million and adjusted EPS of $25.50 to $26.50, and agreed to sell its PayByPhone mobile parking payments business to Lightyear Capital.
Q4 2025 revenue $1,248.2 million, up 21% from $1,034.4 million; organic revenue growth 11%
Q4 GAAP diluted EPS $3.75 vs. $3.44 a year earlier; adjusted diluted EPS $6.04 vs. $5.36
2026 guidance: total revenues $5,215 million to $5,315 million; adjusted diluted EPS $25.50 to $26.50
Definitive agreement to sell PayByPhone to Lightyear Capital; price and closing timing are not stated in the filing
Corpay, Inc. said on January 22, 2026 that its board appointed David Bunch as an independent director, effective immediately. Mr. Bunch is Group Executive Vice President for Mobility & Convenience at Shell PLC, and the company said his experience in managing large scale and digital platforms will add to the board.
Appointed to the board effective January 22, 2026; the board determined he is independent under NYSE listing standards.
Currently Group Executive Vice President for Mobility & Convenience at Shell PLC, a network of over 40,000 convenience, B2B, and EV mobility sites.
He will receive the company's customary non-employee director compensation starting January 22, 2026, and has signed the company's standard indemnification agreement.
No arrangement or understanding with the company and no related-party transactions requiring disclosure, according to the filing.
Corpay reported third-quarter 2025 revenue of $1,172.5 million, up 14%, with GAAP diluted EPS of $3.91 versus $3.90 a year earlier, and raised its full-year 2025 outlook. The company also completed the Alpha Group acquisition on October 31, 2025, for about £1.8 billion in cash, funded by borrowings under an amended credit facility that adds a $900 million Term Loan B.
Q3 2025 revenue was $1,172.5 million, up from $1,029.2 million; net income attributable to Corpay was $277.9 million, versus $276.4 million.
Adjusted net income per diluted share rose 14% to $5.70 from $5.00.
Full-year 2025 revenue guidance was raised to $4,505 million to $4,525 million, and GAAP diluted EPS guidance to $15.88 to $16.08.
The Alpha acquisition closed October 31, 2025; on November 5, 2025, Revolver B commitments rose $1 billion to $1.5 billion and a $900 million Term Loan B maturing November 5, 2032 was added.
Corpay reported second-quarter 2025 revenue of $1,102.0 million, up 13%, and diluted EPS of $3.98, up 13%. The company raised its full-year 2025 guidance, citing the second-quarter results and improved foreign currency rates, which points to higher expected results for shareholders.
Q2 2025 revenue rose 13% to $1,102.0 million from $975.7 million; net income attributable to Corpay rose 13% to $284.2 million.
Adjusted diluted EPS was $5.13 versus $4.55 a year earlier; organic revenue growth was 11%.
Updated 2025 guidance: total revenues of $4,405 million to $4,485 million and adjusted diluted EPS of $20.86 to $21.26.
The company cited its second-quarter beat and improved foreign currency rates; it also referenced the recently announced Alpha Group acquisition.
Corpay agreed to buy Alpha Group International plc, a UK and European B2B cross border FX provider, for £42.50 per share in cash, implying an enterprise value of about £1.6 billion ($2.2 billion). Corpay has arranged a £1.875 billion bridge loan to fund the cash consideration and deal costs, and it reaffirmed its Q2 2025 guidance. The deal requires Alpha shareholder and court approval and is expected to close in the fourth quarter of 2025.
Alpha shareholders would receive £42.50 per share in cash, a 55% premium to the undisturbed closing price on May 1, 2025
Corpay entered a bridge term loan with BOFA Securities, Barclays and JPMorgan Chase for a £1.875 billion facility
Directors and Morgan Tillbrook have irrevocably undertaken to vote for the scheme, covering about 13.83% of Alpha's shares
Alpha Court Meeting and General Meeting expected September 2, 2025; the deal can terminate if not completed by May 23, 2026
Corpay appointed Peter Walker, former CFO of Instructure Holdings, as Chief Financial Officer effective July 21, 2025. Interim CFO Alissa Vickery returns to her role as Chief Accounting Officer, and Walker's pay package includes a $600,000 base salary and multiple equity grants.
Peter Walker becomes CFO effective July 21, 2025; previously CFO at Instructure Holdings and Sterling Check Corp
Base salary of $600,000 with a target bonus of 66.67% of base salary
Equity grants include $1,240,000 and $360,000 performance-based restricted stock, $3,875,360 performance-based stock options, plus a $1,000,000 one-time restricted stock grant
Alissa Vickery returns to Chief Accounting Officer role
Corpay reported first-quarter 2025 results on May 6, 2025, with revenue up 8% to $1,005.7 million and GAAP diluted earnings per share up 9% to $3.40, and it maintained its original 2025 outlook. The same day, it announced a definitive agreement with TPG to take AvidXchange private, with Corpay planning to invest $500 million alongside TPG. The acquisition commitment is significant for shareholders, and the filing describes the deal as a proposed investment.
Q1 2025 revenue was $1,005.7 million, up 8% from $935.3 million; net income attributable to Corpay was $243.2 million, up 6%.
GAAP diluted EPS was $3.40, up 9%; adjusted diluted EPS was $4.51, up 10%.
Full-year 2025 guidance was maintained, including total revenues of $4,380 million to $4,460 million and adjusted EPS of $20.80 to $21.20.
Corpay plans to invest $500 million, alongside TPG, to acquire AvidXchange Holdings (NASDAQ: AVDX).
Corpay's Chief Financial Officer, Tom Panther, resigned effective March 15, 2025, as previously announced on November 29, 2024. The board appointed Chief Accounting Officer Alissa Vickery as interim CFO effective immediately upon his departure, while the company searches for a permanent CFO.
Tom Panther resigned as CFO effective March 15, 2025, as previously announced on November 29, 2024
Board appointed Alissa Vickery interim CFO on March 17, 2025, effective immediately upon Panther's departure
Vickery, age 47, joined Corpay in April 2011 and has been Chief Accounting Officer since September 2020; she was previously interim CFO from September 2022 through May 2023
Corpay reported fourth quarter 2024 revenue up 10% to $1,034.4 million, while GAAP net income fell 4% to $246.0 million, which includes about $37 million of net charges and gains. Adjusted EPS rose 21% to $5.36, and the company gave 2025 guidance of $4,350 million to $4,450 million in revenue and $20.75 to $21.25 in adjusted EPS, citing worse foreign exchange, fuel price and interest rate outlooks since November.
Q4 2024 revenue rose 10% to $1,034.4 million; GAAP diluted EPS was $3.44 versus $3.48 a year earlier
Q4 adjusted diluted EPS rose 21% to $5.36; GAAP results include a $90.0 million goodwill impairment and a $121.3 million gain on disposition of a business
2025 guidance: revenue of $4,350 million to $4,450 million and adjusted diluted EPS of $20.75 to $21.25
Company said its 2025 earnings growth outlook is adversely impacted by foreign exchange, fuel price and interest rate trends
Corpay said Chief Financial Officer Tom Panther will leave the company effective March 15, 2025, to become CFO of the National Christian Foundation. The filing says the resignation is not the result of any dispute with the company or its Board, and the company has launched an executive search for a successor. The company also said its fourth quarter 2024 organic revenue and earnings are expected to be in line with guidance given on November 7, 2024.
Tom Panther notified Corpay of his decision on November 29, 2024, to resign as CFO effective March 15, 2025.
Panther is joining the National Christian Foundation as its CFO.
The filing says the resignation is not due to any dispute or disagreement with the company or its Board, including operations, policies, accounting practices or financial reporting.
Corpay expects fourth quarter 2024 organic revenue and earnings to be in line with November 7, 2024 guidance.
Corpay reported third-quarter 2024 revenue of $1,029.2 million, up 6%, and diluted EPS of $3.90, up 7%, with adjusted diluted EPS of $5.00, up 11%. The company slightly lowered its full-year 2024 revenue guidance, citing fuel prices and foreign exchange rates, while maintaining its $19.00 cash EPS guide, and the board raised the share repurchase authorization by $1 billion.
Q3 2024 revenue of $1,029.2 million, up 6% from $970.9 million; first quarter above $1 billion, per the company
Q3 diluted EPS $3.90, up 7%; adjusted diluted EPS $5.00, up 11% from $4.49
2024 revenue guidance lowered to $3,980 million to $4,010 million (midpoint $3,995 million); cash EPS guide maintained at $19.00
Share repurchase authorization increased by $1 billion; $500 million Term Loan B upsizing completed September 26, 2024
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Corpay filing is on SEC EDGAR ↗. 8-K briefs of other companies →