CPAY · 8-K · 20260805PR000045

FTC Legal Settlement

CORPAY, INC. · 2026-08-05 · Importance 90 · Surprise 100 · In source text

Corpay recorded a $100 million charge in the second quarter for a preliminary settlement with the FTC’s Bureau of Consumer Protection. The settlement relates to a previously disclosed matter and remains subject to the FTC’s customary approval process. The charge was included in other operating expense, which increased to $99.9 million from $2 thousand in the prior-year quarter. GAAP net income attributable to Corpay declined 13% to $248.3 million, while adjusted net income excluded $100.9 million of legal settlements and increased 27% to $464.4 million.

Key facts

• The Company recorded a $100 million charge in Q2 2026 for a preliminary settlement with the FTC's Bureau of Consumer Protection. source
• The Company expects the FTC customary approval process for the preliminary $100 million settlement to conclude later this year (2026). source

Impact estimates