CPAY · 10-Q · 2026Q3 · Full report

Market Demand Trends

CORPAY, INC. · 2026-11-05 · Importance 59 · Surprise 40

Consolidated revenue grew 11% organically on a pro forma and macro-adjusted basis in the third quarter of 2026, driven by increased spend and transaction volumes and the implementation and ramping of new sales and business initiatives. The company reported 24% growth in Corporate Payments spend volume and 9% organic growth in Vehicle Payments transactions on the same adjusted basis. Consolidated revenue also reflected contributions from acquisitions and favorable macroeconomic effects, including foreign exchange and fuel prices.

Key facts

• Corpay estimates that businesses spend approximately $145 trillion annually in transactions with other businesses. source