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Side-by-side financial comparison of Solstice Advanced Materials Inc. (SOLS) and WEX Inc. (WEX). Click either name above to swap in a different company.

Solstice Advanced Materials Inc. is the larger business by last-quarter revenue ($969.0M vs $652.7M, roughly 1.5× WEX Inc.). WEX Inc. runs the higher net margin — 10.1% vs -3.6%, a 13.7% gap on every dollar of revenue. On growth, Solstice Advanced Materials Inc. posted the faster year-over-year revenue change (6.8% vs -3.1%). Solstice Advanced Materials Inc. produced more free cash flow last quarter ($41.0M vs $-9.2M).

Solstice Advanced Materials Inc. is a specialty advanced materials provider that develops, produces and distributes high-performance functional materials for renewable energy systems, consumer electronics, industrial manufacturing and advanced automotive sectors. The company focuses on material solutions that boost product durability, energy efficiency and operational performance for its global clients.

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.

SOLS vs WEX — Head-to-Head

Bigger by revenue
SOLS
SOLS
1.5× larger
SOLS
$969.0M
$652.7M
WEX
Growing faster (revenue YoY)
SOLS
SOLS
+10.0% gap
SOLS
6.8%
-3.1%
WEX
Higher net margin
WEX
WEX
13.7% more per $
WEX
10.1%
-3.6%
SOLS
More free cash flow
SOLS
SOLS
$50.2M more FCF
SOLS
$41.0M
$-9.2M
WEX

Income Statement — Q3 FY2025 vs Q1 FY2026

Metric
SOLS
SOLS
WEX
WEX
Revenue
$969.0M
$652.7M
Net Profit
$-35.0M
$65.8M
Gross Margin
32.0%
Operating Margin
17.9%
25.2%
Net Margin
-3.6%
10.1%
Revenue YoY
6.8%
-3.1%
Net Profit YoY
-123.0%
-15.3%
EPS (diluted)

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
SOLS
SOLS
WEX
WEX
Q1 26
$652.7M
Q4 25
$465.1M
Q3 25
$969.0M
$481.6M
Q2 25
$454.4M
Q1 25
$444.3M
Q4 24
$440.3M
Q3 24
$907.0M
$479.0M
Q2 24
$478.6M
Net Profit
SOLS
SOLS
WEX
WEX
Q1 26
$65.8M
Q4 25
$84.2M
Q3 25
$-35.0M
$80.3M
Q2 25
$68.1M
Q1 25
$71.5M
Q4 24
$63.9M
Q3 24
$152.0M
$102.9M
Q2 24
$77.0M
Gross Margin
SOLS
SOLS
WEX
WEX
Q1 26
Q4 25
39.0%
Q3 25
32.0%
43.0%
Q2 25
40.0%
Q1 25
39.2%
Q4 24
41.5%
Q3 24
36.6%
48.0%
Q2 24
44.9%
Operating Margin
SOLS
SOLS
WEX
WEX
Q1 26
25.2%
Q4 25
35.7%
Q3 25
17.9%
38.1%
Q2 25
34.5%
Q1 25
35.4%
Q4 24
35.7%
Q3 24
21.7%
41.0%
Q2 24
35.1%
Net Margin
SOLS
SOLS
WEX
WEX
Q1 26
10.1%
Q4 25
18.1%
Q3 25
-3.6%
16.7%
Q2 25
15.0%
Q1 25
16.1%
Q4 24
14.5%
Q3 24
16.8%
21.5%
Q2 24
16.1%
EPS (diluted)
SOLS
SOLS
WEX
WEX
Q1 26
Q4 25
$2.38
Q3 25
$2.30
Q2 25
$1.98
Q1 25
$1.81
Q4 24
$1.60
Q3 24
$2.52
Q2 24
$1.83

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
SOLS
SOLS
WEX
WEX
Cash + ST InvestmentsLiquidity on hand
$417.0M
$780.0M
Total DebtLower is stronger
Stockholders' EquityBook value
$3.2B
Total Assets
$5.2B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
SOLS
SOLS
WEX
WEX
Q1 26
$780.0M
Q4 25
$5.2B
Q3 25
$417.0M
$4.9B
Q2 25
$4.9B
Q1 25
$4.4B
Q4 24
$4.4B
Q3 24
$4.3B
Q2 24
$4.0B
Stockholders' Equity
SOLS
SOLS
WEX
WEX
Q1 26
Q4 25
$1.2B
Q3 25
$3.2B
$1.1B
Q2 25
$978.7M
Q1 25
$810.4M
Q4 24
$1.5B
Q3 24
$3.2B
$1.7B
Q2 24
$1.8B
Total Assets
SOLS
SOLS
WEX
WEX
Q1 26
Q4 25
$14.4B
Q3 25
$5.2B
$14.4B
Q2 25
$14.7B
Q1 25
$14.0B
Q4 24
$13.3B
Q3 24
$14.0B
Q2 24
$14.2B

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
SOLS
SOLS
WEX
WEX
Operating Cash FlowLast quarter
$289.0M
Free Cash FlowOCF − Capex
$41.0M
$-9.2M
FCF MarginFCF / Revenue
4.2%
-1.4%
Capex IntensityCapex / Revenue
25.6%
5.2%
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters
$818.7M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
SOLS
SOLS
WEX
WEX
Q1 26
Q4 25
$294.7M
Q3 25
$289.0M
$376.6M
Q2 25
$264.6M
Q1 25
$-481.6M
Q4 24
$638.4M
Q3 24
$3.3M
Q2 24
$-7.0M
Free Cash Flow
SOLS
SOLS
WEX
WEX
Q1 26
$-9.2M
Q4 25
$256.3M
Q3 25
$41.0M
$341.6M
Q2 25
$230.0M
Q1 25
$-514.2M
Q4 24
$599.7M
Q3 24
$-31.7M
Q2 24
$-46.6M
FCF Margin
SOLS
SOLS
WEX
WEX
Q1 26
-1.4%
Q4 25
55.1%
Q3 25
4.2%
70.9%
Q2 25
50.6%
Q1 25
-115.7%
Q4 24
136.2%
Q3 24
-6.6%
Q2 24
-9.7%
Capex Intensity
SOLS
SOLS
WEX
WEX
Q1 26
5.2%
Q4 25
8.3%
Q3 25
25.6%
7.3%
Q2 25
7.6%
Q1 25
7.3%
Q4 24
8.8%
Q3 24
7.3%
Q2 24
8.3%
Cash Conversion
SOLS
SOLS
WEX
WEX
Q1 26
Q4 25
3.50×
Q3 25
4.69×
Q2 25
3.89×
Q1 25
-6.74×
Q4 24
9.99×
Q3 24
0.03×
Q2 24
-0.09×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

SOLS
SOLS

Refrigerants$400.0M41%
Research And Performance Chemicals$126.0M13%
Electronic Materials$103.0M11%
Other$89.0M9%
Services$64.0M7%
Alternative Energy Services$63.0M7%
Safety And Defense Solutions$53.0M5%
Healthcare Packaging$49.0M5%
Affiliated Entity$22.0M2%

WEX
WEX

Segment breakdown not available.

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