Zacks Investment Research·2d ago
Earnings Estimates Rising for Wex (WEX): Will It Gain?Wex (WEX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
WEX's operating margin expanded from roughly 23.5% in 2026Q1 to 30.6% in the latest quarter, suggesting meaningful operating leverage as revenue reaccelerated 12.8% year-over-year, though this rebound appears partly tied to fuel-price-sensitive transaction volumes that warrant scrutiny.
Price trend, volume and key moving averages
Trailing total returns as of 11/8/2026, which may include dividends or other distributions. Benchmark is S&P 500 (^GSPC).
Check whether operating performance supports the current valuation.
Recent results and news deserve attention only when they alter the forward view.
| Quarter | EPS (Act vs Est) | Revenue (Act vs Est) |
|---|---|---|
Q4 2026Latest Oct 28, 2026 | $6.13+7.9% vs $5.68 | $780M+4.0% vs $750M |
Q3 2026 Jul 22, 2026 | $5.35+5.3% vs $5.08 | $754M+1.7% vs $741M |
Q2 2026 Apr 22, 2026 | $4.15+1.7% vs $4.08 | $674M+0.3% vs $672M |
Q1 2026 Feb 4, 2026 | $4.11+5.1% vs $3.91 | $673M+1.8% vs $661M |
Wex (WEX) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
WEX tops Q3 earnings & revenue estimates, driven by Mobility growth & higher fuel prices. It raises its 2026 outlook despite a post-earnings stock decline.
WEX Inc. delivered strong 2026 results with accelerating revenue and margin expansion, but much of this was driven by elevated fuel prices. I maintain a Hold rating, as the current valuation offers limited upside and headline growth overstates organic performance. Normalized fuel prices could challenge future comparisons. Organic Q3 revenue growth was only 4.4% versus the reported 12.8%, with fuel prices and FX contributing 8.4 percentage points.
WEX NYSE: WEX reported record third-quarter revenue of $780.1 million, up 12.8% from a year earlier, as higher fuel prices contributed to results and the company cited progress in pricing, sales execution and margin expansion.
Benchmark WEX against direct peers instead of judging its metrics in isolation.
Key metrics vs top competitors for WEX Inc. (WEX)
| Company | Price | Market Cap | P/E Ratio | Rev Growth (1Y) | Net Margin | ROE | Div Yield |
|---|---|---|---|---|---|---|---|
| $182.22 | $6.21B | 15.58 | 1.24% | 14.05% | 32.33% | — | |
| $21.57 | $2.62B | 35.44 | 26.59% | 10.34% | 9.25% | — | |
| $7.15 | $2.42B | 49.01 | 7.68% | 4.7% | 7.61% | — | |
| $7.88 | $648.96M | 16.28 | 8.33% | 3.97% | — | — | |
| $422.65 | $789.11B | 33.84 | 14.55% | 52.51% | 64.52% | 0.63% | |
| $652.70 | $576.71B | 33.72 | 16.53% | 47.8% | 252.94% | 0.47% |
WEX Inc. (WEX) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
Verify the primary filings, follow material updates, and answer the remaining questions.
WEX Inc. (WEX) SEC filings — annual & quarterly reports (10-K, 10-Q)
Oct 28, 2026·SEC
Jul 22, 2026·SEC
May 14, 2026·SEC
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WEX Inc. (WEX) stock FAQ — growth, dividends, profitability & financials explained
WEX Inc. (WEX) reported $2.88B in revenue over the trailing twelve months. Revenue was $2.66B in fiscal year 2025. That is 1595% more than the $156.9M of fiscal year 2003.
WEX Inc. (WEX) grew revenue by 9.7% over the trailing twelve months, compared with the twelve months before.
Yes. WEX Inc. (WEX) earned $404.6M in net income over the trailing twelve months (a 14.0% net margin).
WEX Inc. (WEX) had a return on equity (ROE) of 32.3% over the trailing twelve months. That is well above the market's typical 10-15%.
WEX Inc. (WEX) had negative free cash flow of $291.3M over the trailing twelve months.
