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Side-by-side financial comparison of Corpay (CPAY) and LOGITECH INTERNATIONAL S.A. (LOGI). Click either name above to swap in a different company.
LOGITECH INTERNATIONAL S.A. is the larger business by last-quarter revenue ($1.4B vs $1.2B, roughly 1.1× Corpay). Corpay runs the higher net margin — 21.2% vs 17.7%, a 3.5% gap on every dollar of revenue. On growth, Corpay posted the faster year-over-year revenue change (20.7% vs 6.1%). Corpay produced more free cash flow last quarter ($760.3M vs $465.6M). Over the past eight quarters, LOGITECH INTERNATIONAL S.A.'s revenue compounded faster (18.5% CAGR vs 15.5%).
Corpay, Inc., headquartered in Atlanta, Georgia, provides payments and spend management systems and services that control expense-related purchasing and payment processes. The company focuses on vehicle-related expenses, lodging expenses, and corporate payments.
Logitech International S.A. is a Swiss multinational manufacturer of computer peripherals and software. Headquartered in Lausanne, Switzerland, the company has offices throughout Europe, Asia, Oceania, and the Americas. It is a component of the Swiss Market Index, and is listed on the Nasdaq.
CPAY vs LOGI — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $1.2B | $1.4B |
| Net Profit | $264.5M | $251.0M |
| Gross Margin | — | 43.2% |
| Operating Margin | 45.2% | 20.1% |
| Net Margin | 21.2% | 17.7% |
| Revenue YoY | 20.7% | 6.1% |
| Net Profit YoY | 7.5% | 25.4% |
| EPS (diluted) | $3.74 | $1.69 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $1.2B | $1.4B | ||
| Q3 25 | $1.2B | $1.2B | ||
| Q2 25 | $1.1B | $1.1B | ||
| Q1 25 | $1.0B | $1.0B | ||
| Q4 24 | $1.0B | $1.3B | ||
| Q3 24 | $1.0B | $1.1B | ||
| Q2 24 | $975.7M | $1.1B | ||
| Q1 24 | $935.3M | $1.0B |
| Q4 25 | $264.5M | $251.0M | ||
| Q3 25 | $277.9M | $170.7M | ||
| Q2 25 | $284.2M | $146.0M | ||
| Q1 25 | $243.2M | $144.1M | ||
| Q4 24 | $246.0M | $200.1M | ||
| Q3 24 | $276.4M | $145.5M | ||
| Q2 24 | $251.6M | $141.8M | ||
| Q1 24 | $229.8M | $167.6M |
| Q4 25 | — | 43.2% | ||
| Q3 25 | — | 43.4% | ||
| Q2 25 | — | 41.7% | ||
| Q1 25 | — | 43.1% | ||
| Q4 24 | — | 42.9% | ||
| Q3 24 | — | 43.6% | ||
| Q2 24 | — | 42.8% | ||
| Q1 24 | — | 43.2% |
| Q4 25 | 45.2% | 20.1% | ||
| Q3 25 | 44.6% | 16.1% | ||
| Q2 25 | 43.5% | 14.1% | ||
| Q1 25 | 42.5% | 10.5% | ||
| Q4 24 | 47.2% | 17.5% | ||
| Q3 24 | 45.5% | 14.4% | ||
| Q2 24 | 44.4% | 14.1% | ||
| Q1 24 | 42.5% | 12.9% |
| Q4 25 | 21.2% | 17.7% | ||
| Q3 25 | 23.7% | 14.4% | ||
| Q2 25 | 25.8% | 12.7% | ||
| Q1 25 | 24.2% | 14.3% | ||
| Q4 24 | 23.8% | 14.9% | ||
| Q3 24 | 26.9% | 13.0% | ||
| Q2 24 | 25.8% | 13.0% | ||
| Q1 24 | 24.6% | 16.6% |
| Q4 25 | $3.74 | $1.69 | ||
| Q3 25 | $3.91 | $1.15 | ||
| Q2 25 | $3.98 | $0.98 | ||
| Q1 25 | $3.40 | $0.94 | ||
| Q4 24 | $3.43 | $1.32 | ||
| Q3 24 | $3.90 | $0.95 | ||
| Q2 24 | $3.52 | $0.92 | ||
| Q1 24 | $3.12 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $2.4B | $1.8B |
| Total DebtLower is stronger | $10.0B | — |
| Stockholders' EquityBook value | $3.9B | $2.3B |
| Total Assets | $26.4B | $4.1B |
| Debt / EquityLower = less leverage | 2.58× | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.4B | $1.8B | ||
| Q3 25 | $2.0B | $1.4B | ||
| Q2 25 | $2.2B | $1.5B | ||
| Q1 25 | $1.6B | $1.5B | ||
| Q4 24 | $1.6B | $1.5B | ||
| Q3 24 | $1.3B | $1.4B | ||
| Q2 24 | $1.4B | $1.5B | ||
| Q1 24 | $1.3B | $1.5B |
| Q4 25 | $10.0B | — | ||
| Q3 25 | $8.1B | — | ||
| Q2 25 | $8.1B | — | ||
| Q1 25 | $8.2B | — | ||
| Q4 24 | $8.0B | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $3.9B | $2.3B | ||
| Q3 25 | $4.1B | $2.1B | ||
| Q2 25 | $3.9B | $2.2B | ||
| Q1 25 | $3.5B | $2.1B | ||
| Q4 24 | $3.1B | $2.1B | ||
| Q3 24 | $3.1B | $2.1B | ||
| Q2 24 | $2.8B | $2.2B | ||
| Q1 24 | $3.3B | $2.2B |
| Q4 25 | $26.4B | $4.1B | ||
| Q3 25 | $19.7B | $3.7B | ||
| Q2 25 | $20.4B | $3.7B | ||
| Q1 25 | $18.5B | $3.5B | ||
| Q4 24 | $18.0B | $3.7B | ||
| Q3 24 | $17.6B | $3.6B | ||
| Q2 24 | $16.2B | $3.7B | ||
| Q1 24 | $15.8B | $3.6B |
| Q4 25 | 2.58× | — | ||
| Q3 25 | 1.99× | — | ||
| Q2 25 | 2.07× | — | ||
| Q1 25 | 2.37× | — | ||
| Q4 24 | 2.56× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $812.7M | $480.5M |
| Free Cash FlowOCF − Capex | $760.3M | $465.6M |
| FCF MarginFCF / Revenue | 60.9% | 32.8% |
| Capex IntensityCapex / Revenue | 4.2% | 1.0% |
| Cash ConversionOCF / Net Profit | 3.07× | 1.91× |
| TTM Free Cash FlowTrailing 4 quarters | $1.3B | $903.6M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $812.7M | $480.5M | ||
| Q3 25 | $-378.9M | $228.8M | ||
| Q2 25 | $1.1B | $125.0M | ||
| Q1 25 | $-74.2M | $129.7M | ||
| Q4 24 | $648.7M | $370.9M | ||
| Q3 24 | $400.8M | $166.0M | ||
| Q2 24 | $540.9M | $176.0M | ||
| Q1 24 | $350.2M | $239.1M |
| Q4 25 | $760.3M | $465.6M | ||
| Q3 25 | $-429.8M | $212.3M | ||
| Q2 25 | $1.1B | $108.8M | ||
| Q1 25 | $-118.9M | $116.9M | ||
| Q4 24 | $604.6M | $356.6M | ||
| Q3 24 | $355.0M | $151.5M | ||
| Q2 24 | $496.8M | $161.4M | ||
| Q1 24 | $309.0M | $228.8M |
| Q4 25 | 60.9% | 32.8% | ||
| Q3 25 | -36.7% | 17.9% | ||
| Q2 25 | 98.7% | 9.5% | ||
| Q1 25 | -11.8% | 11.6% | ||
| Q4 24 | 58.4% | 26.6% | ||
| Q3 24 | 34.5% | 13.6% | ||
| Q2 24 | 50.9% | 14.8% | ||
| Q1 24 | 33.0% | 22.6% |
| Q4 25 | 4.2% | 1.0% | ||
| Q3 25 | 4.3% | 1.4% | ||
| Q2 25 | 4.8% | 1.4% | ||
| Q1 25 | 4.5% | 1.3% | ||
| Q4 24 | 4.3% | 1.1% | ||
| Q3 24 | 4.4% | 1.3% | ||
| Q2 24 | 4.5% | 1.3% | ||
| Q1 24 | 4.4% | 1.0% |
| Q4 25 | 3.07× | 1.91× | ||
| Q3 25 | -1.36× | 1.34× | ||
| Q2 25 | 4.01× | 0.86× | ||
| Q1 25 | -0.30× | 0.90× | ||
| Q4 24 | 2.64× | 1.85× | ||
| Q3 24 | 1.45× | 1.14× | ||
| Q2 24 | 2.15× | 1.24× | ||
| Q1 24 | 1.52× | 1.43× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CPAY
| Vehicle Payments | $572.9M | 46% |
| Corporate Payments | $480.8M | 39% |
| Lodging Payments | $112.5M | 9% |
| Other Operating Segments | $82.1M | 7% |
LOGI
| Retail Gaming | $482.7M | 34% |
| Retail Keyboards Desktops | $254.6M | 18% |
| Retail Pointing Devices | $241.2M | 17% |
| Retail Video Collaboration | $193.3M | 14% |
| Retail Tablet And Other Accessories | $93.6M | 7% |
| Retail Webcams | $82.3M | 6% |
| Retail Headsets | $45.9M | 3% |
| Other Retail Products | $28.0M | 2% |
