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CORPAY, INC. Income Tax Expense 2009-2026 | CPAY

Annual FY2009–FY2025 · quarterly through Q1 FY2026

Latest annual · FY2025

$469.7M

+23.2%YoY vs FY2024Source: 10-KFY2025

From $40.6M in FY2009 to $469.7M in FY2025: 11.6× in 16 years.

By quarter▲▼ vs a year before
Fiscal yearQ1Q2Q3Q4
FY26$151M+80.9%Not reportedNot reportedNot reported
FY25$84M+10.8%$109M+32.1%$143M+74.7%$134M−5.4%
FY24$75M−5.7%$83M−5.0%$82M−16.8%$141M+82.0%
FY23$80M+4.3%$87M+6.6%$99M+8.3%$78M+7.7%
FY22$77M+49.1%$81M+23.0%$91M+22.8%$72M−6.9%
Share20%25%27%28%

Shaded by size: darkest is the largest quarter shown; ringed is the latest reported; a dash marks a quarter with no separate figure. Each quarter sits by its period-end date. Share: its typical part of the fiscal year.

Key Statistics

Trend DirectionGrowing
CAGR

+21.4%

FY2020
$178.3M
FY2025
$469.7M

5 years selected · on the chart

Income Tax Expense History

Year-over-year comparison from 10-K annual reports

  1. $469.7M
YoY changeLargest recent move+84.9%in FY18Latest +23.2%

Income Tax Expense, period by period

PeriodValueChangeSource
FY2025$469.7M+23.2%10-K
FY2024$381.4M+11.2%10-K
FY2023$343.1M+6.8%10-K
FY2022$321.3M+19.3%10-K
FY2021$269.3M+51.0%10-K
FY2020$178.3M−2.4%10-K
FY2019$182.7M−35.6%10-K
FY2018$283.6M+84.9%10-K
FY2017$153.4M−19.5%10-K
FY2016$190.5M+9.8%10-K
FY2015$173.6M+20.3%10-K
FY2014$144.2M+21.1%10-K
FY2013$119.1M+25.9%10-K
FY2012$94.6M+48.9%10-K
FY2011$63.5M+46.5%10-K
FY2010$43.4M+7.0%10-K
FY2009$40.6M—10-K

What is income tax expense?

Income tax expense is the total amount of income taxes a company owes to federal, state, and foreign governments.

What is CORPAY, INC.'s current income tax expense?

CORPAY, INC. (CPAY) annual income tax expense for 2025 was $469.7M, a 23.17% increase from 2024. CORPAY, INC. income tax expense for the quarter ending March 31, 2026 was $151.3M.

What was CORPAY, INC.'s income tax expense in 2024?

CORPAY, INC. annual income tax expense for 2024 was $381.4M, a 11.15% increase from 2023.

What was CORPAY, INC.'s income tax expense in 2023?

CORPAY, INC. annual income tax expense for 2023 was $343.1M, a 6.78% increase from 2022.

What is CORPAY, INC.'s 5-year income tax expense CAGR?

CORPAY, INC. income tax expense grew at a compound annual growth rate (CAGR) of 21.38% from FY2020 to FY2025, going from $178.3M to $469.7M over 5 years.

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