How will the November 5, 2025, Alpha Group acquisition and AvidXchange investment impact Corpay's 2026 EPS?

Corpay anticipates that both the Alpha Group acquisition and the AvidXchange investment, which closed in November 2025, will positively impact its 2026 Earnings Per Share (EPS).

Specifically, the acquisition of Alpha Group International plc is expected to be "at least $0.50 accretive to Corpay's cash EPS in the 2026 financial year."1 Corpay also projects that this acquisition will lead to meaningful revenue and expense synergies and contribute to revenue growth.1

Regarding the minority investment in AvidXchange Holdings, Inc., Corpay expects this transaction to be "accretive to Corpay earnings in 2026."2 Corpay invested approximately $500 million for a 33% equity stake in AvidXchange as part of a take-private transaction with TPG.2 The company also holds an option to acquire the remaining equity in AvidXchange in 2028.2

Corpay's Chairman and CEO, Ron Clarke, noted in the Q3 2025 earnings report that both transactions had closed, contributing to an updated and raised 2025 financial outlook and positioning the company well for 2026.3