Corpay raises 2026 outlook as Q2 revenue rises 21% and GAAP net income falls 13%
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.
Key points
- 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.
The filing
Written by AI on Nov 8, 2026, 1:10 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 05, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.