CPAY · 8-K · 20260805PR000045
Vehicle Payments Demand
CORPAY, INC. · 2026-08-05 · Importance 54 · Surprise 40 · In source text
Vehicle Payments revenue increased 13% year over year to $580.2 million, while pro forma and macro-adjusted revenue grew 8% to $523.5 million. Pro forma and macro-adjusted transactions increased 8% to 147.1 million, including 2% fleet-transaction growth and 52% growth in other transactions. Reported transactions fell 29% to 147.6 million because the prior-year comparison included 67.8 million PayByPhone parking transactions, a business sold in March 2026. Tag transactions increased 5% to 23.9 million, with average monthly tag subscriptions of 8.0 million.
Key facts
- Vehicle Payments revenue - Q2 2026: $580.2 million, 13% increase vs. Q2 2025; pro forma and macro adjusted Vehicle Payments revenue: $523.5 million, 8% increase pro forma vs. 2025. source
- Vehicle Payments transactions - Q2 2026: 147.6 million transactions reported (147.1 million pro forma and macro adjusted), a 29% decrease reported vs. Q2 2025 and 8% pro forma increase vs. Q2 2025. source
- Exhibit 2: Average monthly tag subscriptions for Q2 2026 is 8.0 million. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| revenue | positive | realized | +5.1% | Vehicle Payments revenue - Q2 2026: $580.2 million, 13% increase vs. Q2 2025; pro forma and macro adjusted Vehicle Payments revenue:… |
| revenue | positive | realized | +2.9% | Vehicle Payments revenue - Q2 2026: $580.2 million, 13% increase vs. Q2 2025; pro forma and macro adjusted Vehicle Payments revenue:… |