WEX
WEX, Inc.
NYSE · Technology · Software - Infrastructure · US
$179.92
−1.13%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 2.9B | 2.7B | 2.6B | 2.5B | 2.4B |
| Cost of Revenue | 1.2B | 1.2B | 1.0B | 973.3M | 930.5M |
| Gross Profit | 1.7B | 1.5B | 1.6B | 1.6B | 1.4B |
| Operating Expenses | |||||
| R&D Expense | — | — | — | — | — |
| SG&A Expense | 818.6M | 717.2M | 716.8M | 755.8M | 655.7M |
| General & Admin Expense | 370.6M | 330.2M | 375.8M | 428.0M | 343.9M |
| Selling & Marketing Expense | 448.0M | 387.0M | 341.0M | 327.8M | 311.8M |
| Other Expenses | 73.2M | 66.4M | 187.4M | 171.8M | 294.6M |
| Total Operating Expenses | 891.8M | 783.6M | 904.2M | 927.6M | 950.3M |
| Cost and Expenses | 2.1B | 2.0B | 1.9B | 1.9B | 1.9B |
| Operating Income (EBIT) | 766.8M | 676.0M | 686.3M | 647.1M | 469.8M |
| Non-Operating | |||||
| Interest Income | — | — | — | — | — |
| Interest Expense | 217.8M | 240.6M | 235.9M | 204.6M | 47.5M |
| Net Interest Income | (217.8M) | (240.6M) | (235.9M) | (204.6M) | (47.5M) |
| Other Non-Op Income/Expense | (212.3M) | (255.8M) | (268.5M) | (278.3M) | (209.3M) |
| Non-Operating Income (excl Interest) | (6.6M) | 12.2M | 32.6M | 73.7M | 161.8M |
| EBT (Pre-Tax Income) | 554.5M | 420.2M | 417.8M | 368.8M | 260.5M |
| Income Tax Expense | 149.9M | 116.1M | 108.2M | 102.2M | 93.1M |
| Bottom Line | |||||
| Net Income | 404.6M | 304.1M | 309.6M | 266.6M | 201.4M |
| Earnings from Cont. Ops | 404.5M | 304.1M | 309.6M | 266.6M | 167.4M |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 404.6M | 304.1M | 309.6M | 266.6M | 201.4M |
| Per Share | |||||
| Basic EPS | $11.78 | $8.57 | $7.59 | $6.23 | $4.54 |
| Diluted EPS | $11.62 | $8.47 | $7.50 | $6.16 | $4.50 |
| Revenue Per Share | $84.96 | $74.95 | $64.42 | $59.53 | $52.94 |
| Shares | |||||
| Basic Shares Outstanding | 33.9M | 35.5M | 40.8M | 42.8M | 44.4M |
| Diluted Shares Outstanding | 34.6M | 35.9M | 41.3M | 43.3M | 44.7M |
| Profitability Metrics | |||||
| EBITDA | 1.1B | 994.9M | 975.0M | 849.6M | 571.9M |
| D&A | 331.5M | 331.1M | 321.3M | 276.2M | 263.9M |
| EBIT | 773.4M | 663.8M | 653.7M | 573.4M | 308.0M |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Sep 1, 2026