Corpay, Inc. (CPAY) J.P. Morgan 54th Annual World Know-how, Media and Communications Convention Could 18, 2026 9:05 AM EDT
Firm Contributors
Peter Walker – Chief Monetary Officer
Convention Name Contributors
Tien-Tsin Huang – JPMorgan Chase & Co, Analysis Division
Presentation
Tien-Tsin Huang
JPMorgan Chase & Co, Analysis Division
Thanks, everyone, for becoming a member of. My title is Tien-Tsin Huang, I comply with the Funds and IT Companies Sector at JPMorgan. Actually excited to have Corpay again. Peter Walker, CFO. My first time having him on the convention. So tremendous excited to have him right here. Thanks for being right here.
Peter Walker
Chief Monetary Officer
Nice to be right here with you.
Tien-Tsin Huang
JPMorgan Chase & Co, Analysis Division
So we’ll do a fireplace chat. I put collectively a bunch of questions. I believe, if there are any questions within the portal or from the viewers, we’ll take these as nicely. However once more, I respect the time.
Query-and-Reply Session
Tien-Tsin Huang
JPMorgan Chase & Co, Analysis Division
I assumed we would simply begin, if that is okay, Peter, with the compulsory macro query and what you are seeing on the bottom? How wholesome are SMBs? What are you seeing when it comes to exercise? Possibly begin with that, if that is okay.
Peter Walker
Chief Monetary Officer
Sure, pleased to. So perhaps speak about it in 2 methods. One, fundamentals within the enterprise after which what we’re seeing within the general macro surroundings. So the elemental enterprise tendencies are robust. We reported 11% natural development for the quarter. It is our fourth consecutive quarter of 11% natural development. So actually thrilled about that. We truly got here out of the gate stronger than we anticipated, as we anticipated initially for a decrease natural development for the quarter.
Income retention is 93.5%, now together with cross-border, so additionally actually robust, and 24% gross sales development year-over-year. So we’re actually
