WEX Inc. (WEX)
NYSE: WEX · Real-Time Price · USD
191.78
-7.23 (-3.63%)
Aug 14, 2026, 4:00 PM EDT - Market closed

WEX Inc. Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
2,7922,6612,6282,5482,3511,851
Revenue Growth
7.47%1.24%3.14%8.40%27.02%19.13%
Gross Profit
2,0451,9101,9041,8531,7271,315
Operating Income
721.2673.9698.6651.7606.4344.3
Net Income
350.7304.1309.6266.6201.40.1
Earnings Per Share
10.058.477.506.164.500.00
EPS Growth
26.65%12.93%21.75%36.89%203796.69%-

Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Payment Processing
1,2151,1431,2011,2141,156859
Account Servicing
729.3726690.6646.4569.3526.9
Finance Fee
347.2321.3298.2314.2360.5255.3
Other Product
501470.7438.9373.7264.9209.4
Revenue (Total)
2,7922,6612,6282,5482,3511,851

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
6,1025,2394,3613,9982,3631,538
Total Debt
5,3574,9224,4463,9472,8072,935
Net Cash (Debt)
744.4316.8-85.351.3-444.6-1,397
Net Cash Growth
------
Net Cash Per Share
21.308.82-2.071.18-9.95-30.84

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
262.9454.3481.4907.9679.4-42.6
Capital Expenditures
-154.4-140.6-147.3-143.6-112.9-86
Free Cash Flow
108.5313.7334.1764.3566.5-128.6
Free Cash Flow Growth
-61.77%-6.11%-56.29%34.92%--

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingJun '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
73.23%71.77%72.44%72.73%73.45%71.05%
Operating Margin
25.83%25.33%26.58%25.58%25.80%18.61%
Pretax Margin
17.38%15.79%15.90%14.47%11.09%11.02%
Profit Margin
12.56%11.43%11.78%10.46%8.57%0.01%
FCF Margin
3.89%11.79%12.71%30.00%24.10%-6.95%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingAug '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
19.0916.8022.5331.1935.4262920.76
Forward PE
9.408.6810.8012.3312.0013.61
P/FCF Ratio
60.2416.2820.8810.8812.59-
PS Ratio
2.341.922.653.263.043.40