NYSE:WEX
WEX Inc.
WEX Inc.'s revenue grew 1.2% in fiscal 2025 to $2.7B while operating margin fell to 25.0%. Free cash flow was $313.7M, 11.8% of revenue, and the diluted share count fell 13.1%.Summary generated from WEX Inc.'s SEC filings. Latest annual report filed Feb 13, 2026.
Key statistics
Fiscal 2025 from SEC filings. MethodologyRevenue (FY25)$2.7B
Revenue growth+1.2%
Revenue, 5-yr CAGR+11.3%
Gross margin58.6%
Operating margin25.0%
Net margin11.4%
ROIC9.1%
Return on equity22.3%
Debt / equity3.98
Free cash flow$313.7M
FCF margin11.8%
Share count change−13.1%
Financials
| Item | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|
| Revenue | 1,851 | 2,351 | 2,548 | 2,628 | 2,661 |
| Operating income | 342 | 470 | 647 | 686 | 664 |
| Net income | 135 | 167 | 267 | 310 | 304 |
| Free cash flow | −129 | 567 | 764 | 334 | 314 |
Recent filings
- 4Insider transaction report
Oct 7, 2026 - 4Insider transaction report
Oct 2, 2026 - 10-QQuarterly report for the period ended Jun 30, 2026
Jul 23, 2026 - 8-KResults of operations and financial condition
Jul 22, 2026 - 8-KResults of a shareholder vote
May 14, 2026 - 8-KEntry into a material agreement
May 4, 2026 - 10-QQuarterly report for the period ended Mar 31, 2026
Apr 23, 2026 - 8-KResults of operations and financial condition
Apr 22, 2026