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Earnings Per Share
6 Months Ended
Jun. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
The Company reports basic and diluted earnings per share using the two-class method, which is an earnings allocation method that determines earnings per share for common shares and participating securities. Basic earnings per share is computed by dividing net income attributable to shareholders of the Company by the weighted average number of common shares outstanding during the reported period, further adjusted by the redeemable noncontrolling interest redemption value adjustment associated with the Mastercard investment. Diluted earnings per share reflect the potential dilution related to equity-based incentives using the treasury stock method.
The calculation and reconciliation of basic and diluted earnings per share attributable to Corpay for the three and six months ended June 30, 2026 and 2025 is as follows (in thousands, except per share data):
Three Months Ended June 30,Six Months Ended June 30,
2026202520262025
Net income attributable to Corpay
$248,307 $284,168 $598,373 $527,401 
Adjustment to redemption value of redeemable noncontrolling interest
(2,838)— (5,815)— 
Net income attributable to Corpay shareholders after adjustment to redemption value of redeemable noncontrolling interest
245,469 284,168 592,558 527,401 
Denominator for basic earnings per share65,542 70,546 66,536 70,432 
Dilutive securities783 883 843 1,062 
Denominator for diluted earnings per share66,325 71,429 67,379 71,494 
Basic earnings per share attributable to Corpay
$3.75 $4.03 $8.91 $7.49 
Diluted earnings per share attributable to Corpay
$3.70 $3.98 $8.79 $7.38 
Diluted earnings per share attributable to Corpay for the three months ended June 30, 2026 and 2025 excludes the effect of 0.8 million and 0.3 million shares, respectively, of common stock that may be issued upon the exercise of employee stock options because such effect would be anti-dilutive.