Corpay Operating Expenses Growth & History (CPAY)
Corpay's operating expenses was $1.61B for fiscal 2025.
View full Corpay company overviewCorpay annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $1.61B | $257.7M | +19.10% |
| 2024 | 2024-12-31 | $1.35B | $68.7M | +5.36% |
| 2023 | 2023-12-31 | $1.28B | $65.2M | +5.36% |
| 2022 | 2022-12-31 | $1.22B | — | — |
| 2017 | 2017-12-31 | $1.27B | $283.2M | +28.73% |
| 2016 | 2016-12-31 | $985.8M | $34.6M | +3.63% |
| 2015 | 2015-12-31 | $951.2M | $330.5M | +53.24% |
| 2014 | 2014-12-31 | $620.7M | $153.3M | +32.80% |
| 2013 | 2013-12-31 | $467.4M | $89.5M | +23.69% |
| 2012 | 2012-12-31 | $377.9M | — | — |
Corpay quarterly operating expenses
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $592.5M | $208.3M | +54.24% |
| Q1 2026 | 2026-03-31 | $474.2M | $117.5M | +32.94% |
| Q4 2025 | 2025-12-31 | $466.0M | — | — |
| Q3 2025 | 2025-09-30 | $400.6M | — | — |
| Q2 2025 | 2025-06-30 | $384.1M | — | — |
| Q1 2025 | 2025-03-31 | $356.7M | — | — |
| Q3 2012 | 2012-09-30 | $94.2M | $85.1M | +940.63% |
| Q3 2011 | 2011-09-30 | $9.1M | $127,000 | +1.42% |
| Q2 2011 | 2011-06-30 | $8.6M | $329,000 | +3.98% |
| Q3 2010 | 2010-09-30 | $8.9M | — | — |
| Q2 2010 | 2010-06-30 | $8.3M | — | — |
Corpay operating expenses trends
Between the periods ended 2012-12-31 and 2025-12-31, Corpay's operating expenses increased from $377.9M to $1.61B, a change of $1.23B. The latest reported quarter, Q2 2026, shows $592.5M.
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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