CPAY · 10-Q · 2026Q3 · Full report

Vehicle Payments Demand

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

Vehicle Payments revenue increased 13.1% to $1,724.0 million in the nine months ended September 30, 2026, with organic revenue growth of 8%. Organic transaction volumes grew 7%, alongside new sales growth, while acquisitions contributed approximately $12 million in revenue. Revenue was also affected by favorable foreign exchange rates of $82 million and fuel prices and fuel price spreads of approximately $38 million and $3 million, respectively; dispositions reduced revenue by approximately $53 million.

Key facts

• Corpay estimated that favorable foreign exchange rates increased third-quarter 2026 Vehicle Payments revenue by $15 million, while fuel prices added approximately $18 million and unfavorable fuel spreads reduced revenue by approximately $5 million. source
• Vehicle Payments organic revenue grew 8%, driven by 7% growth in organic transaction volumes, new sales growth, and acquisitions contributing approximately $12 million in revenue. source