Corpay Reports Strong Results and Agrees to Sell UK Fleet Software Unit
Corpay reported second-quarter revenue up 21% to $1,338.8 million and adjusted EPS up 36% to $7.00, but GAAP net income fell 13% to $248.3 million due to a one-time regulatory charge. It also agreed to sell a UK fleet software business to OEConnection, expected to close this fall, while raising its 2026 revenue and adjusted EPS outlook.