CPAY · 8-K · 20260805PR000045

Corporate Payments Demand

CORPAY, INC. · 2026-08-05 · Importance 64 · Surprise 56 · No source text

Corporate Payments revenue increased 42% year over year to $548.7 million, while pro forma and macro-adjusted revenue grew 16% to $538.1 million. Spend volume rose 70% to $94.6 billion as reported and 43% on a pro forma and macro-adjusted basis. Growth was driven by Corpay’s rotation toward corporate payments and spend management, including corporate and virtual card programs, automated procure-to-pay, and cross-border enterprise clients. Revenue per spend dollar declined 17% as reported and 19% on a pro forma and macro-adjusted basis, reflecting new payables and cross-border enterprise clients.

Key facts

• Corporate Payments spend volume - Q2 2026: $94,635 (in thousands?), representing 70% change as reported vs. Q2 2025 and 43% change on pro forma/macro adjusted basis vs. Q2 2025. source
• Corporate Payments revenue - Q2 2026: $548.7 million, 42% increase vs. Q2 2025 as reported; pro forma and macro adjusted Corporate Payments revenue: $538.1 million, 16% increase pro forma vs. 2025. source
• Exhibit 5: Corporate Payments revenue per spend dollar as reported decreased from 0.70% in Q2 2025 to 0.58% in Q2 2026 (a (0.12)% point change, (17)% change). source

Impact estimates