WEX Inc.WEXEarnings & Financial Report
WEX Inc. is a provider of payment processing and information management services to the United States commercial and government vehicle fleet industry. The company is headquartered in Portland, Maine and provides services in the United States, Canada, South America, Europe, Asia, and Australia.
WEX Q1 FY2026 Key Financial Metrics
Revenue
$673.8M
Gross Profit
N/A
Operating Profit
$158.2M
Net Profit
$77.7M
Gross Margin
N/A
Operating Margin
23.5%
Net Margin
11.5%
YoY Growth
5.8%
EPS
$2.22
WEX Inc. Q1 FY2026 Financial Summary
WEX Inc. reported revenue of $673.8M (up 5.8% YoY) for Q1 FY2026, with a net profit of $77.7M (up 8.7% YoY) (11.5% margin).
Key Financial Metrics
| Total Revenue | $673.8M |
|---|---|
| Net Profit | $77.7M |
| Gross Margin | N/A |
| Operating Margin | 23.5% |
| Report Period | Q1 FY2026 |
Revenue Breakdown
WEX Inc. Q1 FY2026 revenue of $673.8M breaks down across 4 segments, led by Payment processing revenue at $284.2M (42.2% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Payment processing revenue | $284.2M | 42.2% |
| Account servicing revenue | $182.5M | 27.1% |
| Other revenue | $127.0M | 18.8% |
| Finance fee revenue | $80.1M | 11.9% |
WEX Inc. Annual Revenue by Year
WEX Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $1.8B).
WEX Inc. Quarterly Revenue & Net Profit History
WEX Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q1 FY2026 | $673.8M | +5.8% | $77.7M | 11.5% |
| Q4 FY2025 | $465.1M | +5.6% | $84.2M | 18.1% |
| Q3 FY2025 | $481.6M | +0.5% | $80.3M | 16.7% |
| Q2 FY2025 | $454.4M | -5.1% | $68.1M | 15.0% |
| Q1 FY2025 | $444.3M | -5.3% | $71.5M | 16.1% |
| Q4 FY2024 | $440.3M | -8.4% | $63.9M | 14.5% |
| Q3 FY2024 | $479.0M | +2.1% | $102.9M | 21.5% |
| Q2 FY2024 | $478.6M | +7.7% | $77.0M | 16.1% |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $478.6M | $479.0M | $440.3M | $444.3M | $454.4M | $481.6M | $465.1M | $673.8M |
| YoY Growth | 7.7% | 2.1% | -8.4% | -5.3% | -5.1% | 0.5% | 5.6% | 5.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $14.25B | $13.96B | $13.32B | $13.96B | $14.67B | $14.43B | $14.40B | $15.43B |
| Liabilities | $12.46B | $12.28B | $11.83B | $13.15B | $13.69B | $13.31B | $13.16B | $14.15B |
| Equity | $1.78B | $1.68B | $1.49B | $810.4M | $978.7M | $1.12B | $1.23B | $1.27B |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|
| Operating CF | $-7.0M | $3.3M | $638.4M | $-481.6M | $264.6M | $376.6M | $294.7M |