CPAY · 8-K · 20260805PR000045

Liquidity and Debt Position

CORPAY, INC. · 2026-08-05 · Importance 84 · Surprise 74 · In source text

Corpay ended June 30, 2026 with $3.164 billion of cash and cash equivalents and $7.0048 billion of restricted cash, compared with $2.408 billion and $6.584 billion, respectively, at December 31, 2025. Current and noncurrent notes payable and other obligations totaled approximately $8.324 billion, while the securitization facility was $2.300 billion. The company refinanced its debt facilities and increased its revolving credit facility to $3.7 billion. Reported leverage at quarter-end was 2.55x, and full-year guidance assumes free cash flow will be used to pay down debt.

Key facts

• The Company increased its revolving credit facility to $3.7 billion as part of refinancing its debt facilities. source
• Free cashflow is used to pay down debt (guidance assumption). source
• The Company exited the quarter with 2.55x leverage. source
• Six months ended June 30, 2026: net cash provided by operating activities $1,413,479 thousand. source
• Cash and cash equivalents at June 30, 2026: $3,163,539 thousand; restricted cash at June 30, 2026: $7,004,803 thousand; cash and cash equivalents and restricted cash, end of period (six months) $10,168,342 thousand. source
• The Company reported securitized accounts receivable — restricted for securitization investors at $2,300,000 thousand as of June 30, 2026. source

Impact estimates