StockData
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
–

About WEX

Services-Business Services, NEC, SIC 7389

WEX is a commerce platform that provides integrated payment solutions and software across three primary segments: Mobility, Benefits, and Corporate Payments. The Mobility segment provides commercial fleet fuel and vehicle management cards, processing services, and software tools for fleet operators. The Benefits division delivers cloud-based software alongside account administration for health savings accounts, flexible spending accounts, and related employee benefit arrangements. In Corporate Payments, the company delivers business-to-business automated accounts payable capabilities and virtual card issuing solutions for corporate enterprises, travel providers, and financial institutions.

The company operates globally across fifteen countries, employing approximately 6,600 full-time workers, with around 5,100 based in the United States and the remaining workforce situated across fourteen international locations. In the United States, its proprietary fleet payment network covers over 90 percent of fuel charging locations and supports electric vehicle charging access, alongside an average of about 21.6 million software-as-a-service accounts in its benefits platform. The provided text does not state the company's headquarters location.

Summary of the business section of WEX's latest annual report, written by StockData.

Company profile

Company

Legal name
WEX Inc.
Headquarters
Portland, ME
Address
1 Hancock Street 04101
Phone
(207) 773-8171
Employees
6,600, Dec 31, 2025
Industry
Services-Business Services, NEC
Incorporated in
Delaware
Fiscal year ends
December 31
Auditor
Deloitte & Touche LLP, Boston, Massachusetts

Stock & identifiers

Ticker
WEX
Exchange
NYSE
Shares outstanding
34M, Jul 17, 2026
Public float
$5.00B, Jun 30, 2025
Filer category
Large accelerated filer
SEC CIK
1309108
CUSIP
96208T104
ISIN
US96208T1043
LEI
T9M5IGROL1TL1G5OV478
EIN
01-0526993

Executives and directors

Officers and directors who filed ownership reports (Forms 3, 4, 5) in the last two years

NamePositionShares owned
Melissa D. SmithCEO and President, Director192,254
Joel Alan Dearborn JRCOO, International28,615
Carlos CarriedoCOO, Amer. Payments & Mobility11,076
Robert Joseph DeshaiesCOO, Benefits19,288
Ann Elena DrewChief Risk and Compliance7,988
Jennifer KimballChief Accounting Officer4,916
Sara TrickettChief Legal Officer3,572
Sandra D. KuohnChief People Officer–
Karen B. StroupChief Digital Officer22,285
Jagtar NarulaChief Financial Officer26,110
Sachin DhawanChief Technology Officer15,115
Melanie J. TintoChief People Officer5,778
James R. GrochDirector18,143
Kurt Patrick AdamsDirector379
Christian AsmarDirector–
Capital LP ImpactiveDirector1,707,332
Capital LLC ImpactiveDirector–
Lauren Taylor WolfeDirector1,707,253
Don CallahanDirector12,263
Ellen R. AlemanyDirector6,000
Aimee CardwellDirector3,007
Stephen Montgomery SmithDirector9,538
David B. FossDirector1,500
Derrick A. RomanDirector6,434
Susan SobbottDirector7,881

CEO pay and shareholder return

Pay versus performance table from the proxy statement

Fiscal yearCEO total payCEO pay actually paidOther executives (avg)Value of $100 investedPeer group
FY2024
Ms. Smith
$12.59M$7.75M$3.71M$83700$111210
FY2023
Ms. Smith
$11.66M$20.80M$3.69M$92880$99270
FY2022
Ms. Smith
$10.19M$16.14M$3.49M$78$85
FY2021
Ms. Smith
$9.61M-$11.06M$3.40M$67$101
FY2020
Ms. Smith
$20.11M$17.20M$5.63M$97$92

“Actually paid” adjusts reported pay for changes in the value of equity awards. Shareholder return assumes $100 invested at the start of the measurement period, as disclosed by the company.

Employees

Headcount reported in annual reports

“As of December 31, 2025, we had a workforce of approximately 6,600 full time employees, of which approximately 5,100 were located in the United States.”

Corporate history

Events identified from SEC filings

DateEventDetails
Dec 15, 2020Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Mar 4, 2019Late filingNotification of late filing
Mar 1, 2017Late filingNotification of late filing
Jul 1, 2016Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Oct 15, 2012Name changeName changed from Wright Express CORP to WEX Inc.
Nov 30, 2010Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Sep 20, 2010Acquisition / saleCompletion of acquisition or disposition of assets (8-K Item 2.01)
Nov 15, 2006Late filingNotification of late filing
Feb 8, 2005ListingRegistration of securities on an exchange (Form 8-A)