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WEX Inc. (WEX)
NYSE: WEX · Real-Time Price · USD
154.33
+6.78 (4.60%)
Mar 30, 2026, 1:02 PM EDT - Market open

WEX Inc. Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,6612,6282,5482,3511,851
Revenue Growth (YoY)
1.24%3.14%8.40%27.02%18.63%
Cost of Revenue
1,1011,038973.3930.5702.1
Gross Profit
1,5601,5901,5751,4201,148
Selling, General & Admin
717.2716.8755.8655.7646
Depreciation & Amortization Expenses
331.1321.3276.2263.9272.7
Other Operating Expenses
---136.5-
Total Operating Expenses
1,0481,0381,0321,056918.7
Operating Income
663.9686.3647.1469.8342
Interest Income
----3.6
Interest Expense
-240.6-235.9-204.6-47.5-89.2
Other Non-Operating Income (Expense)
-3.1-32.6-73.7-161.8-52.4
Total Non-Operating Income (Expense)
-243.7-268.5-278.3-209.3-138
Pretax Income
420.2417.8368.8260.5203.9
Provision for Income Taxes
116.1108.2102.293.167.8
Net Income
304.1309.6266.6201.4135.4
Minority Interest in Earnings
---34.5-134.4
Net Income to Common
304.1309.6266.6201.4135.4
Net Income Growth
-1.78%16.13%32.37%48.74%-
Shares Outstanding (Basic)
3641434445
Shares Outstanding (Diluted)
3641434545
Shares Change (YoY)
-13.08%-4.62%-3.13%-1.32%3.33%
EPS (Basic)
8.577.596.234.54-
EPS (Diluted)
8.477.506.164.50-
EPS Growth
12.93%21.75%36.89%--
Free Cash Flow
313.7334.1764.3566.5-128.6
Free Cash Flow Growth
-6.11%-56.29%34.92%--
Free Cash Flow Per Share
8.748.0917.6512.67-2.84
Gross Margin
58.64%60.51%61.80%60.41%62.06%
Operating Margin
24.95%26.11%25.40%19.99%18.48%
Profit Margin
11.43%11.78%10.46%7.13%7.35%
FCF Margin
11.79%12.71%30.00%24.10%-6.95%
EBITDA
9951,008923.3733.7614.6
EBITDA Margin
37.39%38.34%36.24%31.21%33.21%
EBIT
663.9686.3647.1469.8342
EBIT Margin
24.95%26.11%25.40%19.99%18.48%
Effective Tax Rate
27.63%25.90%27.71%35.74%33.25%
Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.
SEC Filings: 10-K · 10-Q