Corpay (CPAY) Revenue — Quarter Ended Dec 31, 2024
Revenue for the current three-month period increased compared with the preceding three-month period and the same three-month period one year earlier. The growth was modest sequentially but robust on a year-over-year basis.
Key takeaway
Quarter ended Dec 31, 2024 · FY2024 Q4
Revenue for the current three-month period increased compared with the preceding three-month period and the same three-month period one year earlier. The growth was modest sequentially but robust on a year-over-year basis.
Financial snapshot
Reported revenue, sequential change, year-over-year change, and trailing four-quarter revenue.
Quarter revenue
$1B
Revenue reported for this quarter.
Quarter-over-quarter
+0.5%
Change from the immediately preceding quarter.
Year-over-year
+10.4%
Change from the comparable year-ago quarter.
Trailing four quarters
$4B
Sum of the latest four reported quarters.
Quarterly revenue trend
The latest four reported quarters with year-over-year comparisons.
| Period ended | Revenue | Year-over-year change |
|---|---|---|
| Mar 31, 2024 | $935.3M | +3.8% |
| Jun 30, 2024 | $975.7M | +2.9% |
| Sep 30, 2024 | $1B | +6.0% |
| Dec 31, 2024 | $1B | +10.4% |
Revenue performance
The reported revenue was slightly above the prior three-month period and substantially above the same period a year ago.
Quarterly comparison
The sequential increase was more modest than the rise in the preceding three-month period, while the year-over-year gain was the largest among the recent four three-month periods.
What to watch
The filing notes that a portion of revenue is directly affected by changes in fuel prices, which could introduce variability in future results.