The payments firm raised its full-year revenue and cash EPS targets following a 25% jump in Q1 revenue to $1.26 billion.
Corpay reported Q1 2026 revenue of $1.26 billion, a 25% increase, and cash EPS of $5.80, up 29%, driving an upward revision to its full-year outlook. The company now expects a 2026 revenue midpoint of $5.29 billion and a cash EPS midpoint of $26.70.
The raise follows stronger-than-expected performance in the quarter, with management attributing about two-thirds of a $50 million variance to outperformance. Prior guidance and consensus estimates were not disclosed, but the upward adjustment reflects confidence in sustained growth.
Shares reacted positively to the earnings call, though specific market moves were not detailed in the report.