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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 .

Corpay, Inc. logo
Corpay

CPAY

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 yearPeriod endedReportedOperating IncomeYoY
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.

CompanyOperating IncomeSector
Taiwan Semiconductor Manufacturing Company Limited (TSM)$1.96TTechnology
Apple Inc. (AAPL)$133.05BTechnology
NVIDIA Corporation (NVDA)$130.39BTechnology
Microsoft Corporation (MSFT)$128.53BTechnology
Broadcom Inc. (AVGO)$25.48BTechnology
ASML Holding N.V. (ASML)$11.30BTechnology
Micron Technology, Inc. (MU)$9.87BTechnology
Advanced Micro Devices, Inc. (AMD)$3.69BTechnology

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.