CORPAY, INC.
For the period ended Sep 30, 2025. Filed Nov 10, 2025.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2025 · Filed Nov 10, 2025
CPAY$459.64+0.4%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets at (unaudited) and December 31,
Consolidated Balance Sheets
(In Thousands, Except Share and Par Value Amounts)
| September 30, 2025 | December 31, 2024 | |
|---|---|---|
| (Unaudited) | ||
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $2,005,508 | $1,553,642 |
| Restricted cash | 2,908,885 | 2,902,703 |
| Accounts and other receivables (less allowance for credit losses of $166,866 at September 30, 2025 and $133,757 at December 31, 2024) | 2,657,279 | 2,090,500 |
| Securitized accounts receivable—restricted for securitization investors | 1,755,000 | 1,323,000 |
| Prepaid expenses and other current assets | 781,482 | 806,024 |
| Total current assets | 10,108,154 | 8,675,869 |
| Property and equipment, net | 453,101 | 377,705 |
| Goodwill | 6,337,077 | 5,984,667 |
| Other intangibles, net | 2,310,995 | 2,410,442 |
| Investments | 58,679 | 60,088 |
| Other assets | 476,831 | 448,260 |
| Total assets | $19,744,837 | $17,957,031 |
| Liabilities and equity | ||
| Current liabilities: | ||
| Accounts payable | $1,966,464 | $1,570,426 |
| Accrued expenses | 533,680 | 444,938 |
| Customer deposits | 3,501,046 | 3,266,126 |
| Securitization facility | 1,755,000 | 1,323,000 |
| Current portion of notes payable and lines of credit | 546,280 | 1,446,974 |
| Other current liabilities | 609,800 | 656,417 |
| Total current liabilities | 8,912,270 | 8,707,881 |
| Notes payable and other obligations, less current portion | 5,821,672 | 5,226,106 |
| Deferred income taxes | 371,959 | 439,176 |
| Other noncurrent liabilities | 519,804 | 437,879 |
| Total noncurrent liabilities | 6,713,435 | 6,103,161 |
| Commitments and contingencies (Note 12) | ||
| Stockholders’ equity: | ||
| Common stock, $0.001 par value; 475,000,000 shares authorized; 132,159,162 shares issued and 70,042,461 shares outstanding at September 30, 2025; and 131,425,669 shares issued and 70,170,016 shares outstanding at December 31, 2024 | 132 | 131 |
| Additional paid-in capital | 3,937,515 | 3,811,131 |
| Retained earnings | 10,001,747 | 9,196,405 |
| Accumulated other comprehensive loss | (1,410,151) | (1,713,996) |
| Less treasury stock, 62,116,701 shares at September 30, 2025 and 61,255,653 shares at December 31, 2024 | (8,453,552) | (8,171,329) |
| Total Corpay stockholders’ equity | 4,075,691 | 3,122,342 |
| Noncontrolling interest | 43,441 | 23,647 |
| Total equity | 4,119,132 | 3,145,989 |
| Total liabilities and equity | $19,744,837 | $17,957,031 |
See accompanying notes to unaudited consolidated financial statements.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.