Business payments company Corpay (NYSE: CPAY) reported Q3 2026 results exceeding the market’s revenue expectations, with revenue up 17.9% year on year to $1.38 billion. The company’s full-year revenue guidance of $5.35 billion at the midpoint came in 0.6% above analysts’ consensus estimates. Its non-GAAP profit of $7.54 per share was 4.7% above analysts’ consensus estimates.
For more on Corpay, read our free full research report.
Corpay (CPAY) Q3 2026 highlights:
- Revenue $1.38 billion vs S&P analysts’ consensus estimates of $1.36 billion (17.9% year-on-year growth, 1.7% beat)
- Pre-tax profit $502.3 million (36.3% margin)
- Adjusted EPS $7.54 vs S&P analysts’ consensus estimates of $7.20 (4.7% beat)
- Revenue guidance The company slightly lifted its revenue guidance for the full year to $5.35 billion at the midpoint from $5.31 billion
- Adjusted EPS guidance Management raised its full-year adjusted EPS guidance to $28 at the midpoint, a 2.4% increase
- Market capitalization $26.7 billion
“Our third quarter results were excellent, with revenue growth of 18% and adjusted net income per diluted share growth of 32%, both ahead of our expectations,” said Ron Clarke, chairman and chief executive officer, Corpay, Inc. “Organic revenue growth for the quarter was 11%. We've delivered 11% organic growth for five of the last six quarters,” concluded Clarke.
Revenue growth
A company’s long-term revenue performance is one signal of its overall quality. Even a weak business can perform well for one or two quarters, but a high-quality one grows for years. Corpay’s revenue grew at an impressive 14.6% compounded annual growth rate over the last five years. Its growth surpassed the average financials company and shows its offerings resonate with customers.
Long-term growth matters most, but within financials, a half-decade historical view may miss recent interest rate changes, market returns and industry trends. Corpay’s annualized revenue growth of 16.1% over the last two years is above its five-year trend, suggesting its demand was strong and recently accelerated. 
Note: Quarters not shown were determined to be outliers because they were impacted by outsized investment gains/losses that are not indicative of the recurring fundamentals of the business.
This quarter, Corpay reported year-on-year revenue growth of 17.9%, and its $1.38 billion in revenue exceeded Wall Street’s consensus estimates by 1.7%.
Key takeaways from Corpay’s Q3 results
Corpay’s sizable EBITDA beat and full-year EPS guidance above Wall Street’s consensus estimates gave the quarter some key positives. EBITDA came in well ahead of analysts’ consensus expectations, but investors were likely hoping for more. Shares edged lower 1.1% to $413.95 immediately after the results.
The latest quarter is only one part of assessing Corpay’s longer-term business quality. Quality, combined with valuation, can help determine if the stock is a buy. Read more in our full research report here (it’s free).
