WEX Inc.
About WEX Inc.
WEX Inc is a commerce platform that provides seamlessly embedded, personalized payments solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the top segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Its prime end market is the United States of America.
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Financial summary
- Revenue FY2025
- $1.8B
- Net income
- $304.1M
- Total assets
- $14.4B
- Market cap
- $5.1B
- Gross margin
- 58.6%
- Operating margin
- 25.0%
- Net margin
- 11.4%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $2.7B
- Cost of revenue
- $1.1B
- Gross profit
- $1.6B
- Operating expenses
- $896.3M
- Operating income
- $663.9M
- Income tax
- $116.1M
- Net income
- $304.1M
- EPS (basic)
- $8.57
- EPS (diluted)
- $8.47
Balance sheet
- Total assets
- $14.4B
- Current assets
- $9.7B
- Total liabilities
- $13.2B
- Current liabilities
- $9.3B
- Shareholders’ equity
- $1.2B
Cash flow
- Operating cash flow
- $454.3M
- Investing cash flow
- -$696.9M
- Financing cash flow
- $418.9M
- Net cash flow
- $241.4M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $5.1B
- P/E ratio
- 17.4
- EPS (diluted)
- $8.47
- Shares outstanding
- 34.8M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Feb 16, 2005
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Profitable — net income of $304.1M in FY2025.
- Revenue grew 44% from FY2021 to FY2025.
- Gross margin of 58.6%, net margin 11.4%.
- Trading 20% below its 52-week high.
- Valued at a price-to-earnings (P/E) ratio of 17.4.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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