CPAY Deferred Revenue History: $8.12B (FY2025)

Fiscal year	Q1	Q2	Q3	Q4
FY26	$7.9B+143.3%	Not reported	Not reported	Not reported
FY25	$3.2B+27.4%	$4.1B+49.9%	$3.5B+9.3%	$8.1B+148.6%
FY24	$2.5B+24.8%	$2.8B+20.9%	$3.2B+41.5%	$3.3B+36.2%
FY23	$2.0B	$2.3B	$2.3B	$2.4B+59.3%
FY22	Not reported	Not reported	Not reported	$1.5B−15.9%

01—History

Deferred Revenue History

Year-over-year comparison from 10-K annual reports · Dashed line: constant growth FY2020–FY2025. Drag across the bars to change the range.

$8.12B

YoY changeLargest recent move+59.3%in FY23Latest +148.6%

02—Ledger

Deferred Revenue, period by period

Period	Value	Change	Source
FY2025	$8.12B	+148.6%	10-K
FY2024	$3.27B	+36.2%	10-K
FY2023	$2.40B	+59.3%	10-K
FY2022	$1.51B	−15.9%	10-K
FY2021	$1.79B	+52.2%	10-K
FY2020	$1.18B	+16.6%	10-K
FY2019	$1.01B	+8.7%	10-K
FY2018	$926.7M	+26.6%	10-K
FY2017	$732.2M	—	10-K

03—Questions

What is deferred revenue?

Deferred revenue represents payments received in advance for goods or services that have not yet been delivered to customers.

What is CORPAY, INC.'s current deferred revenue?

CORPAY, INC. (CPAY) annual deferred revenue for 2025 was $8.12B, a 148.57% increase from 2024. CORPAY, INC. deferred revenue for the quarter ending March 31, 2026 was $7.85B.

What was CORPAY, INC.'s deferred revenue in 2024?

CORPAY, INC. annual deferred revenue for 2024 was $3.27B, a 36.24% increase from 2023.

What was CORPAY, INC.'s deferred revenue in 2023?

CORPAY, INC. annual deferred revenue for 2023 was $2.40B, a 59.29% increase from 2022.

What is CORPAY, INC.'s 5-year deferred revenue CAGR?

CORPAY, INC. deferred revenue grew at a compound annual growth rate (CAGR) of 47.19% from FY2020 to FY2025, going from $1.18B to $8.12B over 5 years.

Company: CORPAY, INC.
Ticker: CPAY
Sector: Other
Industry: Services-Business Services, NEC

CORPAY, INC. Deferred Revenue 2017-2026 | CPAY

Key Statistics