Q1 25 EPS
$4.51
MISS 0.08%
Est. $4.51
Q1 25 Revenue
$1.01B
MISS 0.96%
Est. $1.02B
vs S&P Since Q1 25
-27.6%
TRAILING MARKET
CPAY +6.9% vs S&P +34.5%
Market Reaction
Did CPAY Beat Earnings? Q1 2025 Results
Corpay posted a narrowly disappointing first quarter for 2025, with both earnings and revenue falling just short of Wall Street's expectations amid meaningful currency headwinds. The payments technology company reported adjusted EPS of $4.51, missing… Read more Corpay posted a narrowly disappointing first quarter for 2025, with both earnings and revenue falling just short of Wall Street's expectations amid meaningful currency headwinds. The payments technology company reported adjusted EPS of $4.51, missing the $4.51 consensus by 0.08%, while revenue of $1.01 billion came in 0.96% below the $1.02 billion estimate, though still representing 7.5% growth year-over-year. The primary culprit was foreign exchange drag, with approximately $42.00 million in negative FX impact and an additional $6.00 million in fuel spread headwinds masking what management characterized as strong underlying momentum, particularly in Corporate Payments, which surged 33% to $352.66 million on robust spend volume growth. Adjusted EBITDA margin held firm at 55.2%, matching the prior-year period. Looking ahead, Corpay maintained its full-year 2025 revenue guidance of $4.38 billion to $4.46 billion, with adjusted EPS expected between $20.80 and $21.20, as management anticipates growth acceleration from new sale implementations across coming quarters.
Key Takeaways
- • Corporate Payments segment grew 19% organically driven by strong spend volume growth
- • Strong retention, same-store sales, and new sales/bookings fundamentals
- • Cross-border business performed well amid currency market volatility
- • Vehicle Payments grew 8% on pro forma macro-adjusted basis despite reported FX and fuel headwinds
- • Lodging Payments room nights grew 19% year-over-year
- • New sale implementations and ramping of new sales drove solid performance
CPAY YoY Financials
Q1 2025 vs Q1 2024, source: SEC Filings
CPAY Revenue by Segment
With YoY comparisons, source: SEC Filings
CPAY Revenue by Geography
With YoY comparisons, source: SEC Filings
“Our first quarter results were right in-line with our expectations. First quarter 2025 organic revenue growth was 9% and within that, our Corporate Payments segment grew 19%. Our fundamental trends: retention, same store sales and sales/new bookings, were very strong. Also, last week we announced an exciting investment and strategic partnership with Mastercard, and today we announced our plan to invest $500 million, alongside TPG, to acquire AvidXchange.”
— Ron Clarke, Q1 2025 Earnings Press Release
CPAY Earnings Trends
CPAY vs Market 30 Day Price Reactions
30-day stock return vs benchmark after each earnings
CPAY EPS Trend
Earnings per share: estimate vs actual
CPAY Revenue Trend
Quarterly revenue: estimate vs actual
CPAY Quarterly Results
5 quarters of earnings data
| Quarter | EPS Est. | EPS Act. | Surprise | Revenue | Rev. Surprise |
|---|---|---|---|---|---|
| Q1 26 BEAT | $5.47 | $5.80 | +6.03% | $1.26B | +4.02% |
| Q4 25 BEAT FY | $5.94 | $6.04 | +1.67% | $1.25B | +1.12% |
| FY Full Year | $21.28 | $21.38 | +0.47% | $4.53B | +0.25% |
| Q3 25 BEAT | $5.64 | $5.70 | +1.02% | $1.17B | +0.77% |
| Q2 25 BEAT | $5.12 | $5.13 | +0.12% | $1.10B | +0.22% |
| Q1 25 MISS | $4.51 | $4.51 | -0.08% | $1.01B | -0.96% |