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WEX Inc. (WEX)
Technology · Software - Infrastructure · NYSE
WEX Inc. revenue & earnings — last 10 fiscal years
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | $1.25B | $1.49B | $1.72B | $1.56B | $1.85B | $2.35B | $2.55B | $2.63B | $2.66B |
| Gross profit | $553.68M | $734.29M | $944.71M | $1.06B | $886.69M | $1.15B | $1.42B | $1.57B | $1.59B | $1.56B |
| Net income | $60.64M | $160.06M | $168.29M | $156.32M | $-283.95M | $135.30M | $201.44M | $266.60M | $309.60M | $304.10M |
| Net margin | 6.0% | 12.8% | 11.3% | 9.1% | -18.2% | 7.3% | 8.6% | 10.5% | 11.8% | 11.4% |
Source: WEX Inc. SEC filings (10-K). 18 years of history available in the interactive view.
Explore 18 years of WEX Inc. financials — interactive
Full income statement, balance sheet and cash flow with CAGR and trend on every row, 48 quarters, valuation ratios, plain-English health checks, and Ask — our SEC-grounded research assistant.
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About WEX Inc.
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals. The Benefits segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. The company was founded in 1983 and is headquartered in Portland, Maine.
WEX Inc. — frequently asked questions
What is WEX Inc.'s revenue?
WEX Inc. (WEX) reported revenue of $2.66B for fiscal year 2025, up 1.2% from the prior year, according to its SEC filings.
Is WEX Inc. profitable?
Yes. WEX earned net income of $304.10M in fiscal 2025, a net margin of 11.4%.
What is WEX's P/E ratio?
WEX Inc. trades at a price-to-earnings ratio of about 15.6 based on the latest data in our nightly-refreshed cache.
How fast is WEX Inc. growing?
WEX's revenue grew at roughly 11.3% per year over the last five fiscal years (compound annual growth rate), computed from SEC-filed statements.
Where does this data come from?
All figures are computed from WEX Inc.'s official SEC filings (10-K and 10-Q), covering 18 years of history, refreshed nightly. stockportfolio.pro does not provide investment advice.