FY2025 · ended Dec 31, 2025 · Revenue $1.85B, -1.2% YoY · Filed Feb 13, 2026
WEX Inc. (WEX) files with the SEC under industry code 7389, Services-Business Services, NEC. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $1.8 billion and net income of $304.1 million. Free cash flow was $313.7 million. As of Sep 30, 2026 it held $5.4 billion in cash and investments and $5.4 billion in total debt.
Revenue (TTM)
$1.96B
+7.9% vs year-ago TTM
Net income (TTM)
$404.60M
+42.6% vs year-ago TTM
Operating cash flow (TTM)
$-124.90M
-115.7% vs year-ago TTM
Free cash flow (TTM)
$-209.30M
-131.9% vs year-ago TTM
EPS (TTM)
$11.61
+52.2% vs year-ago TTM
Dividend per share
None
Shares outstanding
34.31M
-11.6% vs prior year
Net cash
$-6.30M
as of Sep 30, 2026
Operating margin
39.0%
FY 2026
Company profile
- Industry
- Services-Business Services, NEC (SIC 7389)
- Listed as
- WEX (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Portland, ME
- SEC filer status
- Large accelerated filer
- SEC CIK
- 1309108
- Former names
- Wright Express CORP (until Oct 15, 2012)
Other Services-Business Services, NEC companies
- Visa Inc. V
- Mastercard Inc MA
- Alibaba Group Holding Ltd BABA
- Accenture plc ACN
- Uber Technologies, Inc UBER
- PDD Holdings Inc. PDD
- Mercadolibre Inc MELI
- DoorDash, Inc. DASH
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $1.8B | $1.9B | $1.8B | $1.7B | $1.3B |
| Operating income | $663.9M | $686.3M | $647.1M | $469.8M | $342.0M |
| Net income | $304.1M | $309.6M | $266.6M | $167.2M | $135.3M |
| Diluted EPS | $8.47 | $7.50 | $6.16 | $4.50 | $0.00 |
| Operating cash flow | $454.3M | $481.4M | $907.9M | $679.4M | -$42.6M |
| Free cash flow | $313.7M | $334.1M | $764.3M | $566.5M | -$128.6M |
| Total assets | $14.4B | $13.3B | $13.9B | $11.5B | $10.3B |
| Total liabilities | $13.2B | $11.8B | $12.1B | $9.9B | $8.2B |
| Stockholders' equity | $1.2B | $1.5B | $1.8B | $1.6B | $1.8B |
| Cash and investments | $5.3B | $4.4B | $4.1B | $2.4B | $1.6B |
| Total debt | $5.0B | $4.5B | $4.0B | $2.9B | $2.9B |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 29, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Results of operations
|
Oct 28, 2026 | Oct 28, 2026 |
| 10-Q | Quarterly report | Jul 23, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Jul 22, 2026 | Jul 22, 2026 |
| 8-K |
Current report
Shareholder vote results, Other events
|
May 14, 2026 | May 14, 2026 |
| 8-K |
Current report
Material agreement, Regulation FD disclosure, Other events
|
May 4, 2026 | May 3, 2026 |
Source: SEC EDGAR filings. This is company-reported data, not investment advice.