WEX Inc. Income Statement

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,661	2,628	2,548	2,351	1,851
Revenue Growth (YoY)	1.24%	3.14%	8.40%	27.02%	18.63%
Cost of Revenue	1,101	1,038	973.3	930.5	702.1
Gross Profit	1,560	1,590	1,575	1,420	1,148
Selling, General & Admin	717.2	716.8	755.8	655.7	646
Depreciation & Amortization Expenses	331.1	321.3	276.2	263.9	272.7
Other Operating Expenses	-	-	-	136.5	-
Total Operating Expenses	1,048	1,038	1,032	1,056	918.7
Operating Income	663.9	686.3	647.1	469.8	342
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	420.2	417.8	368.8	260.5	203.9
Provision for Income Taxes	116.1	108.2	102.2	93.1	67.8
Net Income	304.1	309.6	266.6	201.4	135.4
Minority Interest in Earnings	-	-	-	34.5	-134.4
Net Income to Common	304.1	309.6	266.6	201.4	135.4
Net Income Growth	-1.78%	16.13%	32.37%	48.74%	-
Shares Outstanding (Basic)	36	41	43	44	45
Shares Outstanding (Diluted)	36	41	43	45	45
Shares Change (YoY)	-13.08%	-4.62%	-3.13%	-1.32%	3.33%
EPS (Basic)	8.57	7.59	6.23	4.54	-
EPS (Diluted)	8.47	7.50	6.16	4.50	-
EPS Growth	12.93%	21.75%	36.89%	-	-
Shares Outstanding	34.3	39	41.9	43.2	44.83
Free Cash Flow	313.7	334.1	764.3	566.5	-128.6
Free Cash Flow Growth	-6.11%	-56.29%	34.92%	-	-
Free Cash Flow Per Share	8.74	8.09	17.65	12.67	-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	995	1,008	923.3	733.7	614.6
EBITDA Margin	37.39%	38.34%	36.24%	31.21%	33.21%
EBIT	663.9	686.3	647.1	469.8	342
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 Feb 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q