WEX financials
$171.46−3.16%
Close Sep 29, 2026 · split-adjustedRevenue
Net income
Income statement & cash flow
| Fiscal year | FY25 Dec 31 | FY24 Dec 31 | FY23 Dec 31 | FY22 Dec 31 | FY21 Dec 31 | FY20 Dec 31 | FY19 Dec 31 | FY18 Dec 31 | FY17 Dec 31 | FY16 Dec 31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.66B | $2.63B | $2.55B | $2.35B | $1.85B | $1.56B | $1.72B | $1.49B | $1.25B | $1.01B |
| Gross profit | $1.56B | $1.59B | $1.57B | $1.42B | $1.85B | $886.7M | $1.06B | $944.7M | $734.3M | $553.7M |
| Gross margin | 58.6% | 60.5% | 61.8% | 60.4% | 100.0% | 56.8% | 61.7% | 63.3% | 58.8% | 54.7% |
| Operating income | $664.0M | $686.3M | $647.1M | $469.8M | $341.8M | -$45.3M | $385.8M | $380.6M | $212.5M | $158.5M |
| Net income | $304.1M | $309.6M | $266.6M | $201.4M | $100.0K | -$243.6M | $99.0M | $168.3M | $160.1M | $23.5M |
| Net margin | 11.4% | 11.8% | 10.5% | 8.6% | 0.0% | −15.6% | 5.7% | 11.3% | 12.8% | 2.3% |
| Diluted EPS | $8.47 | $7.50 | $6.16 | $4.50 | $0.00 | $-5.56 | $2.26 | $3.86 | $3.71 | $0.57 |
| EBITDA | $995.1M | $1.01B | $923.3M | $870.2M | $659.5M | $432.5M | $623.0M | $586.1M | $460.4M | $300.2M |
| Operating cash flow | $454.3M | $481.4M | $907.9M | $679.4M | -$42.6M | $736.8M | $663.2M | $400.2M | $135.4M | -$141.2M |
| Free cash flow | $313.7M | $334.1M | $764.3M | $566.5M | -$128.6M | $656.3M | $560.3M | $313.1M | $56.2M | -$203.0M |
| Diluted shares | 35.9M | 41.3M | 43.3M | 44.7M | 45.3M | 43.8M | 43.8M | 43.6M | 43.1M | 40.9M |
Balance sheet
| Period end | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 | Dec 31 |
|---|---|---|---|---|---|---|
| Cash & equivalents | $905.8M | $595.8M | $975.8M | $922.0M | $588.9M | $852.0M |
| Short-term investments | $4.33B | $3.76B | $3.02B | $1.40B | $948.7M | $0.00 |
| Total debt | $4.86B | $4.38B | $3.87B | $2.72B | $2.85B | $3.03B |
| Total assets | $14.40B | $13.32B | $13.88B | $11.53B | $10.31B | $8.18B |
| Total liabilities | $13.16B | $11.83B | $12.06B | $9.88B | $8.21B | $6.15B |
| Shareholders' equity | $1.23B | $1.49B | $1.82B | $1.65B | $1.84B | $1.92B |
From SEC filings via Massive. Fiscal periods follow the company's own calendar; free cash flow is operating cash flow minus capital expenditure.
Sources: Massive / Polygon daily aggregates (split-adjusted) · SEC filings via Massive · FINRA settlements via Massive · Financial Modeling Prep. Figures are dated where shown; research is informational, not investment advice. Methodology