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WEX logoWEX Inc. (WEX) Earnings History

Annual and quarterly earnings data from 2003 to 2025

TTM Net Income
$310M
Profitable
TTM EPS
$8.87
Diluted
YoY EPS Growth
+12.9%
Strong
Net Margin
11.4%
Profitability
Operating Margin25.4%
Gross Margin54.9%
ROE22.3%
ROA2.2%
Highest Annual Net Income$310M (2024)
Highest Quarterly EPS$2.52 (Q3 2024)
Consecutive Profitable Years5 years
Q1 2026
Net Income$78M
EPS$2.22
QoQ Growth-7.8%Slow

Loading earnings history...

WEX EPS Growth (CAGR)

Compound annual growth rate of diluted earnings per share

1-Year
+12.9%
Strong
3-Year
+23.5%
Excellent
5-Year
N/A
N/M
10-Year
+12.4%
Strong

CAGR (Compound Annual Growth Rate) shows the annualized growth rate of EPS over the specified period. A higher CAGR indicates stronger earnings momentum.

WEX Profitability Analysis

Margin trends over time

View revenue breakdown →
YearGross MarginOperating MarginNet Margin
202554.9%25.4%11.4%
202460.5%26.1%11.8%
202361.8%25.4%10.5%
202260.4%20.0%8.6%
202162.1%18.5%0.0%
Gross Margin = Gross Profit ÷ Revenue
Operating Margin = Operating Income ÷ Revenue
Net Margin = Net Income ÷ Revenue

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WEX Inc. (WEX) Earnings Overview

As of May 8, 2026, WEX Inc. (WEX) reported trailing twelve-month net income of $310M, reflecting +12.9% year-over-year growth. The company earned $8.87 per diluted share over the past four quarters, with a net profit margin of 11.4%.

Looking at the long-term picture, WEX's historical earnings data spans multiple years. The company achieved its highest annual net income of $310M in fiscal 2024.

WEX Inc. maintains positive profitability with a gross margin of 54.9%, operating margin of 25.4%, and net margin of 11.4%. The company continues to generate positive earnings from operations. View revenue history →

Compared to peers including FLYW ($12.54B net income, 2.2% margin), PAYO ($72M net income, 7.0% margin), PRTH ($56M net income, 5.8% margin), WEX has outperformed on profitability metrics. Compare WEX vs FLYW →

WEX Earnings vs Peers

Earnings metrics vs comparable public companies

CompanyTTM Net IncomeTTM EPSNet MarginROEYoY GrowthCompare
WEX logoWEXCurrent
$310M$8.8711.4%22.3%+12.9%—
FLYW logoFLYW
$12.5B$97.982.2%1.6%+391.1%
PAYO logoPAYO
$72M$0.217.0%10.2%-38.7%
PRTH logoPRTH
$56M$0.675.8%-+319.4%
V logoV
$22.2B$11.5050.1%52.1%+4.8%
MA logoMA
$15.6B$17.4445.6%209.9%+18.9%
Best in group
Lowest in group

WEX Historical Earnings Data (2003–2025)

23 years
Fiscal Year Net Income YoY % Operating Income EPS (Diluted) Net Margin Op. Margin
2025$304M-1.8%$676M$8.4711.4%25.4%
2024$310M+16.1%$686M$7.5011.8%26.1%
2023$267M+32.4%$647M$6.1610.5%25.4%
2022$201M+201300.0%$470M$4.508.6%20.0%
2021$100,000+100.0%$342M$0.000.0%18.5%
2020-$244M-346.1%-$92M$-6.40-15.6%-5.9%
2019$99M-41.2%$386M$3.555.7%22.4%
2018$168M+5.1%$381M$3.8611.3%25.5%
2017$160M+581.1%$233M$3.7312.8%18.7%
2016$23M-76.9%$159M$1.482.3%15.7%

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Is WEX Undervalued?

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Compare WEX vs NVDA

Side-by-side business, growth, and profitability comparison vs NVIDIA Corporation.

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WEX — Frequently Asked Questions

Quick answers to the most common questions about buying WEX stock.

Is WEX growing earnings?

WEX EPS stands at $8.87, with +12.9% growth matching the 5-year CAGR of N/A. TTM net income is $310M. Earnings trajectory remains consistent.

What are WEX's profit margins?

WEX Inc. net margin is +11.4%, with operating margin at +25.4%. Margins sit within typical range for the sector.

How consistent are WEX's earnings?

WEX earnings data spans 2003-2025. The current earnings trend is +12.9% YoY. Historical data enables comparison across business cycles.

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WEX Earnings Over Time (2014–2025)

Net income and EPS trends