How Corpay (CPAY) Makes Money: A Visual Guide
Corpay (CPAY) generated $4.53B in revenue (TTM through Q4 2025), earning $1.07B in net profit (23.6% margin). Its largest revenue source is Payments (50.4% of revenue). Below is an interactive breakdown of how revenue flows through the income statement.
Corpay (CPAY) Income Statement Flow
Frequently asked questions
How does Corpay (CPAY) make money?
- Corpay (CPAY) primarily makes money through Payments, which accounts for 50.4% of total revenue. For TTM through Q4 2025, Corpay generated $4.53B in total revenue with a net profit margin of 23.6%.
What is Corpay (CPAY) gross profit margin?
- Corpay (CPAY) reported a gross profit margin of 74% for TTM through Q4 2025, equivalent to $3.35B in gross profit. This means Corpay retains 74% of each revenue unit after direct costs of production.
What is Corpay (CPAY) operating profit margin?
- Corpay (CPAY) reported an operating profit margin of 42.9% for TTM through Q4 2025, equivalent to $1.94B in operating profit. This reflects profitability after operating expenses such as R&D, sales, and administration, but before taxes and non-operating items.
What is Corpay (CPAY) net profit margin?
- Corpay (CPAY) reported a net profit margin of 23.6% for TTM through Q4 2025, equivalent to $1.07B in net profit. This is the share of revenue that remains as profit after all expenses, taxes, and non-operating items.
How much does Corpay (CPAY) spend on capital expenditures?
- Corpay (CPAY) spent $200.76M on capital expenditures in TTM through Q4 2025 (4.4% of total revenue). Capital expenditures represent investments in physical assets such as property, equipment, and infrastructure.
What is Corpay (CPAY) free cash flow?
- Corpay (CPAY) generated $1.30B in free cash flow for TTM through Q4 2025 (28.7% of total revenue). Free cash flow is the cash remaining after capital expenditures and represents the company's ability to fund growth, pay dividends, or reduce debt.
What is Corpay (CPAY) effective tax rate?
- Corpay (CPAY) had an effective tax rate of 30.5% for TTM through Q4 2025. This is the actual percentage of pre-tax income paid as income taxes.
About this data
- What is a Sankey diagram?
- A Sankey diagram shows how money flows through a company from revenue to net profit. The width of each flow represents its proportion.
- How is the data calculated?
- We use the income statement from company filings. For TTM (Trailing Twelve Months), we sum the last four quarters. Revenue flows to cost of revenue and gross profit, then to operating expenses (R&D, S&M, G&A) and operating profit.
- When was this data last updated?
- Based on company filings through TTM through Q4 2025.