For the quarter ending 2025-09-30, CPAY had -$616,965K decrease in cash & cash equivalents over the period. -$429,841K in free cash flow.
| Cash Flow | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 |
|---|---|---|---|---|
| Net income | 278,379 | 284,078 | 243,875 | 246,004 |
| Depreciation | 32,767 | 29,781 | 28,396 | 31,204 |
| Stock-based compensation | 27,592 | 28,868 | 18,366 | 36,131 |
| Provision for credit losses on accounts and other receivables | 27,679 | 31,501 | 30,661 | 21,572 |
| Amortization of deferred financing costs and discounts | 10,363 | 2,568 | 2,274 | 2,118 |
| Amortization of intangible assets and premium on receivables | 60,396 | 61,569 | -105,954 | - |
| Loss on extinguishment of debt | 0 | 0 | -1,596 | 0 |
| Goodwill impairment | - | - | - | 90,000 |
| Amortization of intangible assets and premium on receivables | - | - | - | 230,982 |
| Gain on disposition of business, net | - | - | - | 121,310 |
| Deferred income taxes | -13,004 | -17,516 | -7,983 | -45,733 |
| Other non-cash operating (income) expense, net | -11,849 | 8,654 | 46 | -456 |
| Accounts and other receivables | 192,847 | 174,712 | 565,649 | -407,718 |
| Prepaid expenses and other current assets | 18,680 | 7,931 | 27,266 | -62,110 |
| Derivative assets and liabilities, net | 13,720 | 54,217 | -10,442 | 2,337 |
| Other assets | 9,191 | -19,912 | -991 | 14,815 |
| Accounts payable, accrued expenses and customer deposits | -580,516 | 945,000 | 126,400 | -125,682 |
| Net cash provided by operating activities | -378,933 | 1,140,247 | -74,151 | 648,672 |
| Acquisitions, net of cash acquired | 0 | 929 | 153,719 | 576,205 |
| Purchases of property and equipment | 50,908 | 52,636 | 44,771 | 44,109 |
| Proceeds from disposition of a business, net of cash disposed | - | - | - | 185,506 |
| Proceeds from sale of cost method investment | 0 | 14,843 | - | - |
| Other | 9,374 | 0 | -14,572 | -5,570 |
| Net cash used in investing activities | -60,282 | -38,722 | -183,918 | -429,238 |
| Proceeds from issuance of common stock | 7,056 | 23,883 | 32,079 | 243,556 |
| Repurchase of common stock | 191,706 | 32,159 | 58,718 | 248,750 |
| Borrowings on securitization facility, net | 116,000 | 170,000 | 146,000 | 9,000 |
| Deferred financing costs | 0 | 0 | 10,827 | 0 |
| Proceeds from notes payable | 0 | 0 | 750,000 | 0 |
| Principal payments on notes payable | 49,285 | 49,285 | 49,285 | 47,425 |
| Borrowings from revolver | 1,945,000 | 2,036,000 | -4,713,000 | 9,989,000 |
| Payments on revolver | 1,984,000 | 2,237,000 | -3,623,000 | 9,278,000 |
| Payments on swing line of credit, net | - | - | -51,049 | - |
| Borrowing (payments) on swing line of credit, net | -23,308 | 24,000 | - | 0 |
| Other | -397 | 619 | -952 | -14,628 |
| Net cash (used in) provided by financing activities | -180,640 | -63,942 | 142,297 | 228,753 |
| Effect of foreign currency exchange rates on cash | 2,890 | 110,352 | 42,850 | -146,853 |
| Net increase in cash and cash equivalents and restricted cash | -616,965 | 1,147,935 | -72,922 | 301,334 |
| Cash and cash equivalents at beginning of period | 5,531,358 | 4,383,423 | 4,456,345 | 4,155,011 |
| Cash and cash equivalents at end of period | 4,914,393 | 5,531,358 | 4,383,423 | 4,456,345 |
CORPAY, INC. (CPAY)
CORPAY, INC. (CPAY)