WEXNYSEServices-Business Services, NECFiscal year ends December 31
WEX Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Jul 23, 2026
$183.26+1.25 (+0.69%)
Close on Oct 19, 2026
- Market cap
- $6.40B
- P/E (TTM)
- 18.3
- Dividend yield
- –
WEX Inc. revenue by segment
By business segment
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mobility | $1.39B | $1.40B | $1.38B | $1.44B | $1.11B | – | – | – | – | – | 52.1% | -1.1% |
| Benefits | $797.40M | $739.50M | $668.40M | $504.50M | $414.20M | – | – | – | – | – | 30.0% | +7.8% |
| Corporate Payments | $477.40M | $487.80M | $496.90M | $402.30M | $324.90M | – | – | – | – | – | 17.9% | -2.1% |
| Travel and Corporate Solutions Segment | – | – | – | $402.31M | $324.92M | $277.84M | $367.83M | $303.34M | $224.05M | $215.25M | – | – |
| Health and Employee Benefit Solutions Segment | – | – | – | $504.54M | $414.21M | $363.72M | $317.47M | $214.16M | $201.42M | $155.18M | – | – |
| Mobility | – | – | – | $1.44B | $1.11B | $918.31M | $1.04B | $975.14M | $823.11M | $642.06M | – | – |
| Operating income | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Travel and Corporate Solutions Segment | – | – | – | – | – | – | $168.79M | $135.38M | $96.66M | – | – |
| Health and Employee Benefit Solutions Segment | – | – | – | – | – | – | $80.28M | $44.93M | $46.85M | – | – |
| Mobility | – | – | – | – | – | – | $485.54M | $459.65M | $369.87M | – | – |
By product or service
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Payment processing revenue | $1.14B | $1.20B | $1.21B | $1.16B | $859.00M | $698.89M | $825.59M | $723.99M | $569.17M | $520.62M | 42.9% | -4.8% |
| Account servicing revenue | $726.00M | $690.60M | $646.40M | $569.30M | $526.90M | $449.46M | $413.55M | $308.10M | $276.57M | – | 27.3% | +5.1% |
| Other revenue | $470.70M | $438.90M | $373.70M | $264.90M | – | – | – | – | – | – | 17.7% | +7.2% |
| Finance fee revenue | $321.30M | $298.20M | $314.20M | $360.50M | $255.30M | $198.52M | $247.32M | $208.63M | $188.79M | – | 12.1% | +7.7% |
| Other revenue | – | – | $373.70M | $264.90M | $209.40M | $213.00M | $237.23M | $251.93M | $214.05M | – | – | – |
| Total non-Topic 606 revenues | – | – | – | – | – | – | – | $495.88M | – | – | – | – |
By region
| Revenue | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | % of revenue | YoY |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $2.34B | $2.29B | $2.19B | $2.06B | $1.64B | $1.40B | $1.54B | $1.29B | $1.04B | $839.92M | 87.8% | +2.0% |
| Other international | $325.00M | $338.70M | $354.20M | $288.50M | – | – | – | – | – | – | 12.2% | -4.0% |
| Australia | – | – | – | – | – | – | – | $60.52M | $62.03M | $53.07M | – | – |
| Other international | – | – | $354.20M | $288.50M | $207.80M | $158.73M | $187.71M | $205.23M | $211.26M | $119.50M | – | – |
From the segment and revenue-disaggregation notes of WEX's 10-K and 10-Q filings (XBRL). Fourth-quarter figures are the fiscal year less the first nine months. Segment names follow the company's own labels and can change when it reorganizes.