HighGravityDataCorpay — May 7, 2026 release
Fiscal 2026 first-quarter results · 8-K Item 2.02 · Exhibit 99.1 · 0001175454-26-000029
Showing in the filing
Adjusted effective tax rate
“approximately 25% to 27%”
Period
FY2026
Measure
Company-defined measure
Source
Prose
All guidance in this release · 16
Total revenues for FY2026
“$5.250 billion and $5.330 billion”
Net income for FY2026
“$1.352 billion and $1.432 billion”
Net income per diluted share for FY2026
“$20.39 and $21.19”
Adjusted net income for FY2026
“$1.746 billion and $1.826 billion”
Adjusted net income per diluted share for FY2026
“$26.30 and $27.10”
Weighted average U.S. fuel prices for FY2026
“equal to $4.17 per gallon based on the April 2026 EIA short-term energy outlook”
Fuel price spreads for FY2026
“flat with the 2025 average”
Foreign exchange rates for FY2026
“unchanged from our prior guidance in February 2026”
Interest expense for FY2026
“between $415 million and $445 million, based on the SOFR forward curve as of April 29, 2026”
Interest expense
“between $415 million and $445 million”
Free cashflow for FY2026
“is used to pay down debt”
Fully diluted shares outstanding for FY2026
“Approximately 67 million”
Adjusted effective tax rate for FY2026
“approximately 25% to 27%”
Material acquisitions or divestitures impact for FY2026
“No impact related to material acquisitions or divestitures not closed”
Revenue for Q2 FY2026
“expected to be approximately $1.295 billion at the midpoint, growing 18% year over year”
Adjusted net income per diluted share for Q2 FY2026
“expected to be $6.55 at the midpoint, growing 28% year over year”
Exhibit 99.1 · the passage around this item
… earlier in the release
fuel prices equal to $4.17 per gallon based on the April 2026 EIA short-term energy outlook; • Fuel price spreads flat with the 2025 average; • Foreign exchange rates unchanged from our prior guidance in February 2026; • Interest expense between $415 million and $445 million, based on the SOFR forward curve as of April 29, 2026; • Free cashflow is used to pay down debt; • Approximately 67 million fully diluted shares outstanding; • An adjusted effective tax rate of approximately 25% to 27%; and • No impact related to material acquisitions or divestitures not closed. Second Quarter of 2026 Outlook: “Revenue for the second quarter of 2026 is expected to be approximately $1.295 billion at the midpoint, growing 18% year over year, and adjusted net income per diluted share is expected to be $6.55 at the midpoint, growing 28% year over year,” said Peter Walker. As always, guidance may change in the future based on new information and therefore may not reflect actual results. Conference Call: The Company will host a conference call to discuss first quarter 2026 financial results today at 5:30 pm ET. Hosting the call will be Ron Clarke, chief executive officer, Peter Walker, chief financial officer and Jim Eglseder, investor relations. The conference call will be webcast live from the Company's investor relations website at http://investor.corpay.com. The conference call can also be accessed live over the phone by dialing (800)-267-6316 or (203)-518-9783; the Conference ID is CORPAY. A replay will be available one hour after the call and can be accessed by dialing (844)-512-2921 or (412)-317-6671 for international callers; the replay conference ID is 11161333. The replay wi
later in the release …
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other guidance in this release
Text is the filed exhibit, verbatim.