WEX Inc. (WEX)
NYSE: WEX · Real-Time Price · USD
164.56
-1.54 (-0.93%)
Mar 6, 2026, 10:38 AM EST - Market open

WEX Inc. Income Statement

Millions USD. Fiscal year is Jan - Dec.
Fiscal Year
FY 2025 FY 2024 FY 2023 FY 2022 FY 2021 2020 - 2016
Period Ending
Dec '25 Dec '24 Dec '23 Dec '22 Dec '21 2020 - 2016
Operating Revenue
2,1902,1892,1742,0861,641
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Other Revenue
470.7438.8373.7264.9209.4
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Revenue
2,6612,6282,5482,3511,851
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Revenue Growth (YoY)
1.24%3.14%8.40%27.02%19.13%
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Cost of Revenue
751.2724.4694.9624.1535.7
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Gross Profit
1,9101,9041,8531,7271,315
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Selling, General & Admin
717.2711.5751.2655.7643.6
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Other Operating Expenses
109104.184.220.69.2
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Operating Expenses
1,2361,2051,2011,120970.6
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Operating Income
673.9698.6651.7606.4344.3
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Interest Expense
-240.6-235.9-204.6-47.5-89.2
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Currency Exchange Gain (Loss)
-0.2-26.14.9-22.7-12.3
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Other Non Operating Income (Expenses)
-0.1---3.6
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EBT Excluding Unusual Items
433436.6452536.2246.4
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Merger & Restructuring Charges
--12.3-4.6--2.4
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Impairment of Goodwill
----136.5-
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Asset Writedown
-9.9----
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Other Unusual Items
-2.9-6.5-78.6-139.1-40.1
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Pretax Income
420.2417.8368.8260.6203.9
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Income Tax Expense
116.1108.2102.293.167.8
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Earnings From Continuing Operations
304.1309.6266.6167.5136.1
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Minority Interest in Earnings
---33.9-136
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Net Income
304.1309.6266.6201.40.1
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Net Income to Common
304.1309.6266.6201.40.1
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Net Income Growth
-1.78%16.13%32.37%201300.00%-
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Shares Outstanding (Basic)
3641434445
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Shares Outstanding (Diluted)
3641434545
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Shares Change (YoY)
-13.08%-4.62%-3.13%-1.32%3.33%
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EPS (Basic)
8.577.596.234.540.00
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EPS (Diluted)
8.477.506.164.500.00
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EPS Growth
12.93%21.75%36.89%203796.69%-
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Free Cash Flow
313.7334.1764.3566.5-128.6
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Free Cash Flow Per Share
8.748.0917.6512.67-2.84
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Gross Margin
71.77%72.44%72.73%73.45%71.05%
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Operating Margin
25.33%26.58%25.58%25.80%18.61%
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Profit Margin
11.43%11.78%10.46%8.57%0.01%
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Free Cash Flow Margin
11.79%12.71%30.00%24.10%-6.95%
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EBITDA
874.4910.2849.2792.3542.7
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EBITDA Margin
32.86%34.63%33.33%33.71%29.33%
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D&A For EBITDA
200.5211.6197.5185.9198.4
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EBIT
673.9698.6651.7606.4344.3
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EBIT Margin
25.33%26.58%25.58%25.80%18.61%
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Effective Tax Rate
27.63%25.90%27.71%35.73%33.25%
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Revenue as Reported
2,6612,6282,5482,3511,851
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Advertising Expenses
42.931.527.123.420.6
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Source: S&P Capital IQ. Standard template. Financial Sources.