AI English summary of an SEC filing — figures as filed
The company said revenue for Q1 2025 rose to $1,005.7 million from $935.3 million a year earlier, an increase of 8%. Net income attributable to Corpay was $243.2 million, up 6%, and diluted earnings per share were $3.40, up 9%.
Key points
AI summaryThe company said revenue for Q1 2025 rose to $1,005.7 million from $935.3 million a year earlier, an increase of 8%. Net income attributable to Corpay was $243.2 million, up 6%, and diluted earnings per share were $3.40, up 9%.
Corpay said Adjusted EBITDA for Q1 2025 was $555.4 million, up 8% from $516.5 million a year earlier. Adjusted net income was $322.9 million, up 7%, and adjusted diluted earnings per share were $4.51.
On May 6, 2025, the company said it had entered into a definitive agreement with TPG to take private AvidXchange Holdings, Inc. (NASDAQ: AVDX), and that it plans to invest $500 million alongside TPG. It also said it had announced an investment and strategic partnership with Mastercard the previous week.
The company provided full-year 2025 outlook of total revenues between $4,380 million and $4,460 million and adjusted diluted earnings per share between $20.80 and $21.20. It said it is maintaining its original 2025 outlook while incorporating the recent Gringo acquisition.
Summary
AI-writtenAnalysis scope · Filing body and confirmed press-release exhibitWe analyzed the filing body and confirmed exhibits. This is not a review of other exhibits, investor presentations or the full earnings call.
Q1 2025 Revenue, Net Income and Diluted EPS
The company said revenue for Q1 2025 rose to $1,005.7 million from $935.3 million a year earlier, an increase of 8%. Net income attributable to Corpay was $243.2 million, up 6%, and diluted earnings per share were $3.40, up 9%.
Source · Based on the filing body and exhibits
Adjusted EBITDA and Adjusted Net Income
Corpay said Adjusted EBITDA for Q1 2025 was $555.4 million, up 8% from $516.5 million a year earlier. Adjusted net income was $322.9 million, up 7%, and adjusted diluted earnings per share were $4.51.
Source · Based on the filing body and exhibits
AvidXchange Investment and Mastercard Partnership
On May 6, 2025, the company said it had entered into a definitive agreement with TPG to take private AvidXchange Holdings, Inc. (NASDAQ: AVDX), and that it plans to invest $500 million alongside TPG. It also said it had announced an investment and strategic partnership with Mastercard the previous week.
Source · Based on the filing body and exhibits
Maintains 2025 Full-Year Guidance
The company provided full-year 2025 outlook of total revenues between $4,380 million and $4,460 million and adjusted diluted earnings per share between $20.80 and $21.20. It said it is maintaining its original 2025 outlook while incorporating the recent Gringo acquisition.
Source · Based on the filing body and exhibits
AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.
Original filing
The filing as submitted to SEC EDGAR. You can check the figures and statements of this summary against it.
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