WEX Inc. Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	2,698	2,661	2,628	2,548	2,351	1,851
Revenue Growth (YoY)	3.29%	1.24%	3.14%	8.40%	27.02%	18.63%
Cost of Revenue	1,111	1,101	1,038	973.3	930.5	702.1
Gross Profit	1,587	1,560	1,590	1,575	1,420	1,148
Selling, General & Admin	744.6	717.2	716.8	755.8	655.7	646
Depreciation & Amortization Expenses	331.1	331.1	321.3	276.2	263.9	272.7
Other Operating Expenses	-	-	-	-	136.5	-
Total Operating Expenses	1,076	1,048	1,038	1,032	1,056	918.7
Operating Income	664.9	663.9	686.3	647.1	469.8	342
Interest Income	-0.6	-	-	-	-	3.6
Interest Expense	-241.2	-240.6	-235.9	-204.6	-47.5	-89.2
Other Non-Operating Income (Expense)	4.7	-3.1	-32.6	-73.7	-161.8	-52.4
Total Non-Operating Income (Expense)	-236.5	-243.7	-268.5	-278.3	-209.3	-138
Pretax Income	428.3	420.2	417.8	368.8	260.5	203.9
Provision for Income Taxes	118	116.1	108.2	102.2	93.1	67.8
Net Income	310.3	304.1	309.6	266.6	201.4	135.4
Minority Interest in Earnings	-	-	-	-	34.5	-134.4
Net Income to Common	310.3	304.1	309.6	266.6	201.4	135.4
Net Income Growth	-1.62%	-1.78%	16.13%	32.37%	48.74%	-
Shares Outstanding (Basic)	34	36	41	43	44	45
Shares Outstanding (Diluted)	35	36	41	43	45	45
Shares Change (YoY)	-14.18%	-13.08%	-4.62%	-3.13%	-1.32%	3.33%
EPS (Basic)	9.02	8.57	7.59	6.23	4.54	-
EPS (Diluted)	8.91	8.47	7.50	6.16	4.50	-
EPS Growth	14.52%	12.93%	21.75%	36.89%	-	-
Shares Outstanding	34.7	34.3	39	41.9	43.2	44.83
Free Cash Flow	459.6	313.7	334.1	764.3	566.5	-128.6
Free Cash Flow Growth	46.51%	-6.11%	-56.29%	34.92%	-	-
Free Cash Flow Per Share	13.21	8.74	8.09	17.65	12.67	-2.84
Gross Margin	58.83%	58.64%	60.51%	61.80%	60.41%	62.06%
Operating Margin	24.64%	24.95%	26.11%	25.40%	19.99%	18.48%
Profit Margin	5.50%	11.43%	11.78%	10.46%	7.13%	7.35%
FCF Margin	17.03%	11.79%	12.71%	30.00%	24.10%	-6.95%
EBITDA	996.1	995	1,008	923.3	733.7	614.6
EBITDA Margin	36.92%	37.39%	38.34%	36.24%	31.21%	33.21%
EBIT	664.9	663.9	686.3	647.1	469.8	342
EBIT Margin	24.64%	24.95%	26.11%	25.40%	19.99%	18.48%
Effective Tax Rate	27.55%	27.63%	25.90%	27.71%	35.74%	33.25%

Updated Apr 23, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q