Corpay (FLT) Revenue & Revenue Breakdown


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Corpay Revenue Highlights


Latest Revenue (Y)

$3.76B

Latest Revenue (Q)

$935.25M

Main Segment (Y)

Corporate Payments

Main Geography (Y)

UNITED STATES

Corpay Revenue by Period


Corpay Revenue by Year

DateRevenueChange
2023-12-31$3.76B9.65%
2022-12-31$3.43B20.94%
2021-12-31$2.83B18.62%
2020-12-31$2.39B-9.82%
2019-12-31$2.65B8.85%
2018-12-31$2.43B8.18%
2017-12-31$2.25B22.82%
2016-12-31$1.83B7.56%
2015-12-31$1.70B41.98%
2014-12-31$1.20B33.98%
2013-12-31$895.17M26.52%
2012-12-31$707.53M36.17%
2011-12-31$519.59M19.77%
2010-12-31$433.84M22.53%
2009-12-31$354.07M3.82%
2008-12-31$341.05M-

Corpay generated $3.76B in revenue during NA 2023, up 9.65% compared to the previous quarter, and up 154.42% compared to the same period a year ago.

Corpay Revenue by Quarter

DateRevenueChange
2024-03-31$935.25M-0.22%
2023-12-31$937.32M-3.46%
2023-09-30$970.89M2.40%
2023-06-30$948.17M5.20%
2023-03-31$901.33M2.01%
2022-12-31$883.61M-1.05%
2022-09-30$893.00M3.68%
2022-06-30$861.28M9.13%
2022-03-31$789.24M-1.62%
2021-12-31$802.25M6.19%
2021-09-30$755.48M13.20%
2021-06-30$667.38M9.65%
2021-03-31$608.62M-1.41%
2020-12-31$617.33M5.48%
2020-09-30$585.28M11.45%
2020-06-30$525.15M-20.56%
2020-03-31$661.09M-5.41%
2019-12-31$698.88M2.62%
2019-09-30$681.05M5.25%
2019-06-30$647.09M4.06%
2019-03-31$621.83M-3.36%
2018-12-31$643.42M3.85%
2018-09-30$619.59M5.91%
2018-06-30$584.99M-0.09%
2018-03-31$585.50M-4.01%
2017-12-31$609.99M5.56%
2017-09-30$577.88M6.77%
2017-06-30$541.24M4.00%
2017-03-31$520.43M1.06%
2016-12-31$514.95M6.30%
2016-09-30$484.43M15.92%
2016-06-30$417.90M0.88%
2016-03-31$414.26M-3.79%
2015-12-31$430.60M-4.63%
2015-09-30$451.49M11.59%
2015-06-30$404.61M-2.78%
2015-03-31$416.17M10.48%
2014-12-31$376.70M27.57%
2014-09-30$295.28M7.96%
2014-06-30$273.50M7.72%
2014-03-31$253.91M-0.62%
2013-12-31$255.50M13.48%
2013-09-30$225.15M1.94%
2013-06-30$220.87M14.06%
2013-03-31$193.65M-4.43%
2012-12-31$202.62M8.39%
2012-09-30$186.93M8.80%
2012-06-30$171.82M17.55%
2012-03-31$146.16M4.28%
2011-12-31$140.16M4.43%
2011-09-30$134.21M-
2011-06-30$134.21M20.91%
2011-03-31$111.00M4.18%
2010-12-31$106.55M-4.57%
2010-09-30$111.66M0.20%
2010-06-30$111.44M6.94%
2010-03-31$104.20M7.08%
2009-12-31$97.31M-3.24%
2009-09-30$100.58M14.15%
2009-06-30$88.11M29.43%
2009-03-31$68.08M-

Corpay generated $935.25M in revenue during Q1 2024, up -0.22% compared to the previous quarter, and up 105.84% compared to the same period a year ago.

Corpay Revenue Breakdown


Corpay Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21Dec 20Dec 19
Corporate Payments$981.10M$772.40M$600.00M$433.95M$516.17M
Product and Service, Other$250.90M$263.20M$258.50M$244.34M$209.68M
Lodging-$456.50M$309.60M$207.04M$212.60M
Tolls-$362.20M$306.00M$291.96M$357.21M
Fuel Cards-$1.38B$1.18B$1.06B$1.17B
Gift-$194.50M$179.50M$154.38M$180.24M

Corpay's latest annual revenue breakdown by segment (product or service), as of Dec 23: Corporate Payments (79.63%), and Product and Service, Other (20.37%).

Quarterly Revenue by Product

Product/ServiceMar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19
Lodging$111.30M$119.93M$141.40M$136.60M$122.30M$119.10M$126.00M$116.90M$94.60M$103.10M$85.20M$62.20M$59.00M$57.04M$53.00M$41.00M$57.00M$64.60M$56.00M$50.00M
Payments$494.06M$499.76M$258.80M$247.00M$227.20M---------------
Corporate Payments$265.40M$251.10M$202.00M$196.90M$189.70M$183.80M$174.50M$168.70M$140.40M$116.00M$114.95M$107.00M$93.00M$120.00M$140.17M$138.00M$127.00M---
Other Operating Segments-$66.53M------------------
Other--$71.00M$56.00M$57.30M$67.70M$65.00M$63.90M$67.20M$66.00M$59.00M$64.00M$51.00M$67.00M$53.00M$53.00M----
Tolls-----$97.50M$88.60M$91.20M$84.90M$86.60M$79.00M$71.30M$69.00M$76.96M$68.00M$65.00M$83.00M$93.21M$89.00M$86.00M
Gift-----$47.30M$52.00M$51.70M$43.50M$55.20M$48.60M$32.30M$43.00M$46.38M$39.00M$27.00M$42.00M$47.24M$48.00M$36.00M
Fuel Cards-----$351.10M$361.80M$346.90M$318.50M$316.30M$306.80M$295.10M$262.00M$260.19M$255.00M$250.00M$292.00M$298.95M$296.00M$295.00M

Corpay's latest quarterly revenue breakdown by segment (product or service), as of Mar 24: Payments (56.74%), Corporate Payments (30.48%), and Lodging (12.78%).

Corpay Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21Dec 20Dec 19
UNITED STATES$2.13B$2.09B$1.79B$1.47B$1.60B
BRAZIL$525.10M$442.20M$368.10M$344.25M$427.92M
Other Countries$656.50M$527.70M$358.60M$314.24M$350.45M

Corpay's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (64.37%), Other Countries (19.80%), and BRAZIL (15.83%).

Quarterly Revenue by Country

CountryMar 24Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19Jun 19Mar 19
BRAZIL$148.40M$134.20M$126.10M$121.70M$119.30M$108.60M$111.80M$102.50M$105.60M$94.90M$85.70M$82.00M$90.25M$80.00M$75.00M$99.00M$111.92M$106.00M$103.00M$106.00M
UNITED STATES$504.60M$561.40M$534.70M$513.60M$536.20M$558.30M$527.70M$471.80M$513.70M$488.20M$412.70M$370.00M$377.51M$357.00M$335.00M$398.00M$421.27M$414.00M$389.00M$371.00M
UNITED KINGDOM$121.40M$114.50M------------------
Other Countries-$160.80M$176.20M$158.20M$143.20M$135.80M$128.40M$120.30M$102.10M$90.50M$85.40M$81.00M$79.24M$78.00M$66.00M$91.00M$94.45M$93.00M$85.00M$77.00M

Corpay's latest quarterly revenue breakdown by geography, as of Mar 24: UNITED STATES (65.16%), BRAZIL (19.16%), and UNITED KINGDOM (15.68%).

FLT Revenue FAQ


Corpay's yearly revenue for 2023 was $3.76B, representing an increase of 9.65% compared to 2022. The company's yearly revenue for 2022 was $3.43B, representing an increase of 20.94% compared to 2021. FLT's yearly revenue for 2021 was $2.83B, representing an increase of 18.62% compared to 2020.

Corpay's quarterly revenue for Q1 2024 was $935.25M, a -0.22% decrease from the previous quarter (Q4 2023), and a 3.76% increase year-over-year (Q1 2023). The company's quarterly revenue for Q4 2023 was $937.32M, a -3.46% decrease from the previous quarter (Q3 2023), and a 6.08% increase year-over-year (Q4 2022). FLT's quarterly revenue for Q3 2023 was $970.89M, a 2.40% increase from the previous quarter (Q2 2023), and a 8.72% increase year-over-year (Q3 2022).

Corpay's revenue growth rate for the last 3 years (2021-2023) was 32.61%, and for the last 5 years (2019-2023) was 41.86%.

Corpay's revenue streams in c 23 are Corporate Payments, and Product and Service, Other. Corporate Payments generated $981.1M in revenue, accounting 79.63% of the company's total revenue, up 27.02% year-over-year. Product and Service, Other generated $250.9M in revenue, accounting 20.37% of the company's total revenue, down -4.67% year-over-year.

For the fiscal year ending Dec 23, the largest source of revenue of Corpay was Corporate Payments. This segment made a revenue of $981.1M, representing 79.63% of the company's total revenue.