CORPAY, INC.
For the period ended Dec 31, 2025. Filed Feb 27, 2026.
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FY2025 · Filed Feb 27, 2026
CPAY$459.64+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Balance Sheets at December 31, and
Consolidated Balance Sheets
(In Thousands, Except Share and Par Value Amounts)
| December 31, | ||
|---|---|---|
| 2025 | 2024 | |
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $2,408,097 | $1,553,642 |
| Restricted cash | 6,583,843 | 2,902,703 |
| Accounts and other receivables (less allowance for credit losses of $170,957 at December 31, 2025 and $133,757 at December 31, 2024) | 2,145,679 | 2,090,500 |
| Securitized accounts receivable—restricted for securitization investors | 1,823,000 | 1,323,000 |
| Prepaid expenses and other current assets | 1,002,621 | 806,024 |
| Total current assets | 13,963,240 | 8,675,869 |
| Property and equipment, net | 472,310 | 377,705 |
| Goodwill | 7,564,822 | 5,984,667 |
| Other intangibles, net | 3,237,729 | 2,410,442 |
| Investments | 601,942 | 60,088 |
| Other assets | 568,092 | 448,260 |
| Total assets | $26,408,135 | $17,957,031 |
| Liabilities, redeemable noncontrolling interest and equity | ||
| Current liabilities: | ||
| Accounts payable | $1,564,548 | $1,570,426 |
| Accrued expenses | 606,600 | 444,938 |
| Customer deposits | 8,118,566 | 3,266,126 |
| Securitization facility | 1,823,000 | 1,323,000 |
| Current portion of notes payable and lines of credit | 1,522,530 | 1,446,974 |
| Other current liabilities | 661,433 | 656,417 |
| Total current liabilities | 14,296,677 | 8,707,881 |
| Notes payable and other obligations, less current portion | 6,656,157 | 5,226,106 |
| Deferred income taxes | 614,345 | 439,176 |
| Other noncurrent liabilities | 612,279 | 437,879 |
| Total noncurrent liabilities | 7,882,781 | 6,103,161 |
| Commitments and contingencies (Note 15) | ||
| Redeemable noncontrolling interest (Note 2) | 302,000 | — |
| Stockholders’ equity: | ||
| Common stock, $0.001 par value; 475,000,000 shares authorized; 132,186,610 shares issued and 68,362,289 shares outstanding at December 31, 2025; and 131,425,669 shares issued and 70,170,016 shares outstanding at December 31, 2024 | 132 | 131 |
| Additional paid-in capital | 3,970,077 | 3,811,131 |
| Retained earnings | 10,264,751 | 9,196,405 |
| Accumulated other comprehensive loss | (1,392,154) | (1,713,996) |
| Less treasury stock (63,824,321 shares and 61,255,653 shares at December 31, 2025 and 2024, respectively) | (8,958,942) | (8,171,329) |
| Total Corpay stockholders’ equity | 3,883,864 | 3,122,342 |
| Noncontrolling interest | 42,813 | 23,647 |
| Total equity | 3,926,677 | 3,145,989 |
| Total liabilities, redeemable noncontrolling interest and equity | $26,408,135 | $17,957,031 |
See accompanying notes.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.