CORPAY, INC. 8-K
Research Summary
AI-generated summary
Corpay, Inc. Reports Q4 2025 Results; Agrees to Sell PayByPhone
What Happened
- On February 4, 2026, Corpay, Inc. (CPAY) announced its financial results for the three months and year ended December 31, 2025 via a press release (Exhibit 99.1) and posted an earnings release supplement on its investor website.
- On the same date, Corpay announced it signed a definitive agreement to sell PayByPhone, its mobile parking payments business, to private equity firm Lightyear Capital (press release filed as Exhibit 99.2). Both press releases were furnished with the SEC (items 2.02 and 7.01), not filed.
Key Details
- Date of announcements: February 4, 2026.
- Earnings materials: press release (Exhibit 99.1) and an earnings release supplement available on Corpay’s investor relations site.
- Transaction: definitive agreement signed to sell PayByPhone to Lightyear Capital (Exhibit 99.2).
- Filing status: Exhibits 99.1 and 99.2 were furnished, not filed; forward-looking statements in the releases are subject to risks cited in Corpay’s 2024 Form 10-K (filed Feb 27, 2025).
Why It Matters
- The earnings release contains the company’s most recent quarterly and full-year results—key information for assessing near-term performance and revenue trends.
- The sale of PayByPhone signals a strategic disposition of Corpay’s mobile parking payments unit; if completed, the transaction may affect Corpay’s revenue mix, cash position and focus going forward. The definitive agreement is subject to closing conditions and risks disclosed in Corpay’s SEC filings.
- Investors should review the full press releases and subsequent SEC filings for detailed financial figures, sale terms, and any updates on closing conditions or impacts to guidance.