---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-23-015241"
form_type: "8-K"
ticker: "CPAY"
cik: "0001175454"
company_name: "CORPAY, INC."
filed_at: "2023-05-03T23:59:59+00:00"
generated_at: "2026-06-16T00:20:55.751075+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# FLEETCOR Q1 rev $901M (+14% YoY), adj EPS $3.80; raises FY23 guidance to $16.95-$17.35

## Summary
- Revenue $901.3M (+14% YoY); net income $214.8M ($2.88 diluted EPS, +5% YoY).
- Adjusted net income $283.1M; adjusted EPS $3.80 (+4% YoY, +17% at constant rates).
- FY23 guidance raised: rev $3,820-$3,860M, adj EPS $16.95-$17.35.
- Q2 guidance: rev $930-$950M, adj EPS $4.02-$4.22.
- Appointed Tom Panther as CFO effective May 2, 2023.

## SEC filing metadata
- accession: 0001628280-23-015241
- form_type: 8-K
- ticker: CPAY
- cik: 0001175454
- company_name: CORPAY, INC.
- filed_at: 2023-05-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1175454/000162828023015241/0001628280-23-015241-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1175454/000162828023015241/flt-20230502.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-23-015241
- JSON: https://secwatch.observer/filing/0001628280-23-015241.json
- Plain text: https://secwatch.observer/filing/0001628280-23-015241.txt

## Key facts
- Earnings Releases
  CORPAY, INC. reported the three months ended March 31, 2023 results: revenue $901.3 million, net income $214.8 million, EPS $2.88. Guidance raised.
  - Period: the three months ended March 31, 2023
  - Revenue: $901.3 million
  - Net income: $214.8 million
  - EPS: $2.88
  - Guidance: raised
  - Result: reported results
  source text: Revenues increased 14% to $901.3 million in the first quarter of 2023, compared to $789.2 million in the first quarter of 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828023015241/0001628280-23-015241-index.htm
- Executive change
  Tom Panther was appointed as Chief Financial Officer at CORPAY, INC..
  - Action: appointed
  - Role: Chief Financial Officer
  source text: On March 28, 2023, the Company announced the appointment of Tom Panther as Chief Financial Officer ("CFO").
  evidence_url: https://www.sec.gov/Archives/edgar/data/1175454/000162828023015241/0001628280-23-015241-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.
