Corpay cites favorable macro conditions, corporate payments strength behind Q2 2026 results

Corpay posted Q2 2026 revenue of $1.34 billion, up 21%, citing a favorable macro backdrop that added about $30 million versus expectations.

Cash EPS rose 36% to $7, helped by Alpha and Avid, which contributed $0.39 of accretion for the quarter.

Organic revenue growth was 10%, led by Corporate Payments at 16% on cross-border and payables strength; Vehicle Payments grew 8%.

Full-year 2026 guidance was raised to $5.31 billion revenue and $27.35 cash EPS, reflecting the Q2 beat, a $15 million uplift, and a $40 million epyx divestiture headwind.

Management pointed to 93% retention, 30% bookings growth, and 1% same-store sales growth as support for momentum into the rest of the year.