Every material Form 8-K Corpay filed with the SEC in 2025, 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 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
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.
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