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Corpay Reports Strong Results and Agrees to Sell UK Fleet Software Unit

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Sig2.85Sen+3.10Env0.00Soc0.00Gov-0.85

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.

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