Operating Income for Corpay (CPAY)
According to Corpay's latest reported financial statements, the company's current operating income (TTM) is $1.94B USD. Operating income is profit from core operations: revenue minus cost of goods sold and operating expenses (SG&A, R&D). It excludes interest, taxes, and non-operating items, so it isolates how profitable the business itself is before financing and tax decisions. Compare with EBITDA and net income.
Headline TTM above sums the four reported quarters through (reported ). Chart and table below cover the full reported history back to .

CPAY
Currently viewingOperating IncomeSwitch metric
TTM (last 4 quarters)
$1.94B
YoY change
+9.2%
5Y CAGR
+15.0%
Peak year (2025)
$1.95B
Cumulative operating income
$14.67B
Operating Income history chart for Corpay (CPAY) from 2013 to 2025
Operating Income history table for Corpay (CPAY) from 2013 to 2025
| Fiscal year | Period ended | Reported | Operating Income | YoY |
|---|---|---|---|---|
| 2025 | $1.95B | +9.2% | ||
| 2024 | $1.79B | +7.9% | ||
| 2023 | $1.66B | +14.5% | ||
| 2022 | $1.45B | +16.4% | ||
| 2021 | $1.24B | +27.8% | ||
| 2020 | $972.26M | -21.0% | ||
| 2019 | $1.23B | +12.9% | ||
| 2018 | $1.09B | +23.4% | ||
| 2017 | $883.76M | +17.2% | ||
| 2016 | $754.15M | +13.0% | ||
| 2015 | $667.53M | +18.1% | ||
| 2014 | $565.45M | +34.4% | ||
| 2013 | $420.63M | — |
Operating Income values are taken from Corpay's reported income statements (10-Q quarterly and 10-K annual filings with the U.S. Securities and Exchange Commission). Each row shows the period end date and the date the filing was reported; YoY compares each figure to the same period one year earlier. Amounts are in USD as filed.
Analysis
As of the 2025 fiscal year, Corpay (CPAY) reported operating income of $1.95B – grew 9.2% year-over-year.
Over 2020–2025 (5 years), Corpay operating income expanded at a +15.0% compound annual rate, sustaining 5 straight years of year-over-year growth.
The dataset's maximum operating income sits at $1.95B (2025); the minimum reading of $420.63M dates to 2013.
Within Technology, Corpay (CPAY) ranks 9th among 8 peers we track. The peer median for operating income is $77.01B.
Corpay Operating Income by Year
Corpay Operating Income 2025: $1.95B
Corpay operating income in 2025 was $1.95B, grew 9.2% from 2024. This figure represents the highest annual value in the available history.
Corpay Operating Income 2024: $1.79B
Corpay operating income in 2024 was $1.79B, grew 7.9% from 2023.
Corpay Operating Income 2023: $1.66B
Corpay operating income in 2023 was $1.66B, grew 14.5% from 2022.
Corpay Operating Income 2022: $1.45B
Corpay operating income in 2022 was $1.45B, grew 16.4% from 2021.
Corpay Operating Income 2021: $1.24B
Corpay operating income in 2021 was $1.24B.
See more financial history for Corpay (CPAY).
Sector peers — Operating Income
Companies in the same sector as Corpay, ranked by their latest operating income.
| Company | Operating Income | Sector |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited (TSM) | $1.96T | Technology |
| Apple Inc. (AAPL) | $133.05B | Technology |
| NVIDIA Corporation (NVDA) | $130.39B | Technology |
| Microsoft Corporation (MSFT) | $128.53B | Technology |
| Broadcom Inc. (AVGO) | $25.48B | Technology |
| ASML Holding N.V. (ASML) | $11.30B | Technology |
| Micron Technology, Inc. (MU) | $9.87B | Technology |
| Advanced Micro Devices, Inc. (AMD) | $3.69B | Technology |
Frequently asked questions
What is Corpay's operating income?
- Latest reported operating income for Corpay (CPAY) is $1.94B (period ending December 31, 2025).
How has Corpay operating income changed year-over-year?
- Corpay (CPAY) operating income changed +9.2% year-over-year on the latest annual filing.
What is the long-term growth rate of Corpay operating income?
- Corpay (CPAY) operating income compound annual growth rate is +15.0% over the most recent 5 years available.
When did Corpay operating income hit its highest annual value?
- Corpay operating income reached its highest annual value of $1.95B in 2025.
What was Corpay operating income in 2024?
- Corpay (CPAY) operating income in 2024 was $1.79B.
What was Corpay operating income in 2025?
- Corpay (CPAY) operating income in 2025 was $1.95B.
Metrics overview
Pick a metric for charts, filings, and peers — each row shows the latest TTM or annual value with year-over-year change.
Explore more
CPAY Overview
Company profile, financial tools, and key metrics
CPAY Revenue Counter
Earns $143.59 every second. See per minute, hour, and day.
CPAY Earnings Counter
Earns $33.92 per second net profit. See per minute, hour, and day.
CPAY Economic Scale
Exceeds Suriname's GDP. Compare with world economies.
CPAY What If Invested
What if you had invested $1,000? See historical returns from any date.
CPAY How It Makes Money
Discover visual breakdown of $4.53B in revenue — where it comes from and where it goes.
CPAY Stock Seasonality
Best and worst months to invest. Historical monthly returns heatmap.
CPAY Price Target Scenarios
Model bear, base, and bull cases with EPS growth and exit P/E — pre-filled from analysts and history.
CPAY Daily Price Character
Steady · 52.9% historical win rate (green days). Streaks & record days.
CPAY Buybacks
3.75% TTM buyback yield. Shareholder yield & SBC comparison.