WEX Inc. (WEX)

NYSE: WEX · Real-Time Price · USD

121.71

-8.66 (-6.64%)

At close: May 01, 2025, 3:59 PM

122.75

0.85%

Pre-market: May 02, 2025, 08:53 AM EDT

WEX Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q1 2025	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	2.61B	2.63B	2.65B	2.64B	2.59B	2.55B	2.5B	2.47B	2.44B	2.35B	2.23B	2.1B	1.96B	1.85B	1.75B	1.65B	1.54B	1.56B	1.6B	1.68B	1.77B	1.72B	1.66B	1.59B	1.52B	1.49B	1.44B	1.38B	1.31B	1.25B	1.21B	1.17B	1.1B	1.02B	940.26M	878.56M	858.28M
Cost of Revenue	796.9M	1.09B	1.12B	1.11B	1.05B	1.01B	969.23M	986.24M	975.55M	930.45M	871.36M	799.18M	746.52M	702.11M	677.94M	654.88M	645.13M	673.17M	684.69M	693.5M	692.37M	659.77M	617.25M	595.69M	566.68M	548.34M	543.16M	560.63M	573.68M	577.23M	581.71M	563.19M	537.1M	505.04M	475.46M	435.31M	415.65M
Gross Profit	1.82B	1.54B	1.53B	1.53B	1.54B	1.54B	1.53B	1.48B	1.47B	1.42B	1.36B	1.3B	1.21B	1.15B	1.07B	996.47M	893.82M	886.69M	916.24M	985.27M	1.08B	1.06B	1.05B	991.88M	949.96M	941.26M	896.54M	820.38M	740.34M	673.32M	628.38M	610.65M	566.79M	513.42M	464.8M	443.25M	442.63M
Operating Income	680.5M	687.7M	688.9M	667.4M	657.3M	647.1M	643.75M	626.62M	638.35M	606.33M	559.54M	502.59M	413.73M	342M	36.51M	-62.47M	-115.96M	-91.67M	209.31M	325.78M	391.74M	385.84M	375.77M	358.15M	366.32M	375.75M	349.18M	312.21M	256.88M	239.27M	219.85M	210.7M	214.75M	195.13M	197.22M	210.4M	221.68M
Interest Income	n/a	n/a	n/a	48.5M	88.5M	126.9M	168.79M	130.09M	90.09M	51.69M	9.8M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Pretax Income	428.2M	417.8M	445.6M	348.9M	360.6M	368.8M	384.87M	297.13M	227.93M	260.55M	237.82M	352.37M	313.23M	203.95M	-138.43M	-245.76M	-261.57M	-301.08M	28.21M	125.91M	176.51M	216.52M	167.26M	181.71M	190.84M	233.73M	249.69M	226.09M	200.01M	178.69M	132.37M	105.21M	94.31M	87.1M	113.11M	160.34M	186.79M
Net Income	315.3M	309.6M	330.6M	246.1M	264.4M	266.6M	270.39M	207.85M	146.65M	167.43M	66.98M	159.44M	91.49M	137K	-222.3M	-336.46M	-229.95M	-243.64M	45.01M	125.47M	66.62M	99.01M	67.6M	109.63M	134.24M	170.08M	226.84M	204.17M	182.84M	160.27M	85.75M	71.47M	66.95M	60.64M	76.25M	88.72M	102.64M
Selling & General & Admin	726.8M	758.4M	797.9M	824.3M	795.5M	768.1M	725.12M	693.1M	671.93M	655.73M	638.24M	632.56M	633.79M	645.96M	664.88M	640.89M	592.75M	558.79M	504.51M	505.9M	537.97M	535.68M	532.27M	499.57M	456.68M	440M	415.28M	315.39M	215.67M	110.18M	36.68M	37.43M	37.08M	36.43M	32.87M	30.84M	29.76M
Research & Development	n/a	n/a	78.7M	78.7M	78.7M	78.7M	78M	78M	78M	78M	74.19M	74.19M	74.19M	74.19M	72.36M	72.36M	72.36M	72.36M	57.82M	57.82M	57.82M	57.82M	38.63M	38.63M	38.63M	38.63M	32.58M	32.58M	32.58M	32.58M	27.58M	27.58M	27.58M	27.58M	20.32M	20.32M	20.32M
Other Expenses	140.1M	140.1M	52.1M	5.3M	-41.6M	n/a	81.41M	120.27M	159.15M	158M	160.3M	125.06M	126.59M	123.79M	82.17M	117.86M	116.85M	119.4M	119.84M	117.39M	115.21M	106.2M	104.49M	96.68M	89.48M	88.03M	104.06M	82.39M	56.83M	31.95M	16.3M	8.75M	5.79M	2.33M	3.23M	5.04M	4.89M
Operating Expenses	820M	851.6M	844.7M	866.3M	879.3M	893.5M	890.33M	855.17M	831.07M	813.73M	798.54M	794.31M	797.06M	806.43M	821.67M	796.69M	747.54M	716.13M	660.56M	659.5M	689.39M	678.08M	668.59M	628.08M	577.99M	559.86M	537.9M	496.49M	453.93M	404.04M	385.69M	379.22M	343.17M	308.33M	256.98M	224.83M	218.91M
Interest Expense	122.7M	236M	230.4M	213.6M	196.1M	174.2M	157.16M	149.98M	139.4M	130.69M	126.1M	124.17M	124.83M	128.42M	153.52M	161.97M	158.33M	157.08M	135.19M	128.79M	135.6M	134.68M	127.76M	118.93M	108.8M	105.02M	104.18M	104.21M	107.26M	107.07M	107.83M	117.14M	119.01M	113.42M	97.89M	74.16M	55.66M
Selling & Marketing Expenses	346.6M	341M	346.1M	348M	333.2M	327.8M	318.17M	316.25M	317.79M	311.83M	308.17M	309.51M	314.68M	319.08M	324.74M	307.11M	276.25M	266.68M	237.35M	246.44M	264.53M	259.87M	271.02M	251.95M	236.81M	229.23M	210.78M	197.75M	180.04M	163.65M	127.19M	85.61M	45.63M	5.47M	4.38M	4.38M	4.38M
Cost & Expenses	1.93B	1.94B	1.96B	1.97B	1.93B	1.9B	1.86B	1.84B	1.81B	1.74B	1.67B	1.59B	1.54B	1.51B	1.5B	1.45B	1.39B	1.39B	1.35B	1.35B	1.38B	1.34B	1.29B	1.22B	1.14B	1.11B	1.08B	1.06B	1.03B	981.27M	967.39M	942.41M	880.28M	813.37M	732.44M	660.14M	634.56M
Income Tax Expense	112.8M	108.1M	115M	102.8M	96.2M	102.2M	114.48M	89.28M	81.25M	93.08M	108.19M	126.72M	111.51M	67.81M	179K	2.44M	-16.56M	-20.6M	20.02M	17.55M	49.7M	61.22M	54.82M	54.43M	55.97M	65.74M	24.04M	23.86M	20.58M	19.52M	49.66M	37.15M	30.98M	29.63M	37.38M	62.03M	73.99M
Shares Outstanding (Basic)	38.9M	39.4M	40.3M	41.7M	41.8M	42.3M	42.9M	42.9M	43.1M	43.66M	44.2M	44.8M	44.9M	44.88M	44.86M	44.55M	44.34M	44.21M	44.17M	43.57M	43.4M	43.37M	43.35M	43.33M	43.22M	43.2M	43.19M	43.18M	43.05M	43.02M	43.01M	43M	42.87M	42.84M	42.79M	38.81M	38.76M
Shares Outstanding (Diluted)	39.4M	40M	40.8M	42M	42.4M	42.8M	43.4M	43.4M	43.6M	43.98M	44.23M	45.08M	45.34M	44.88M	45.28M	44.79M	44.34M	44.21M	44.17M	43.78M	43.42M	43.93M	43.81M	43.76M	43.57M	43.53M	43.62M	43.55M	43.45M	43.02M	43.1M	43.06M	43.12M	43.07M	42.87M	38.86M	38.85M
EPS (Basic)	7.81	7.54	7.98	5.86	6.23	6.24	6.26	4.83	3.37	3.77	1.48	3.56	2.04	0.00	-5.04	-7.61	-5.18	-5.49	1.07	2.90	1.55	2.29	1.52	2.49	3.06	3.90	5.26	4.74	4.25	3.73	2.00	1.67	1.59	1.50	1.92	2.29	2.65
EPS (Diluted)	7.71	7.45	7.88	5.78	6.15	6.16	6.20	4.78	3.34	3.74	1.46	3.53	2.01	-0.01	-5.05	-7.61	-5.19	-5.5	1.04	2.86	1.52	2.26	1.51	2.48	3.04	3.87	5.23	4.72	4.24	3.72	1.99	1.66	1.58	1.49	1.91	2.28	2.64
EBITDA	830.5M	975M	990.5M	875.3M	868.3M	855.2M	845.07M	740.19M	644.39M	649.87M	627.23M	731.49M	691.31M	586.43M	291.82M	196.98M	177.16M	139.21M	417.19M	505.95M	561.74M	588.32M	519.42M	510.12M	502.32M	540.24M	557.72M	537.69M	512.69M	489.4M	440.81M	417.36M	392.2M	352.98M	338.35M	336.61M	333.56M
EBIT	550.7M	653.6M	706.4M	606.1M	598.1M	598.9M	567.53M	463.13M	385.53M	389.06M	361.75M	470.64M	432.18M	332.37M	15.08M	-83.78M	-103.24M	-144M	163.4M	254.7M	312.11M	351.19M	299.9M	307.4M	303.91M	348.53M	358.76M	333.31M	312.76M	285.76M	240.2M	222.34M	213.31M	200.52M	211.01M	234.5M	242.45M
Depreciation & Amortization	279.8M	321.4M	314.5M	300.5M	287.8M	276.2M	267.08M	265.7M	264.21M	263.87M	268.5M	270.9M	272.25M	272.64M	269.13M	266.12M	263.78M	261.93M	258.68M	256.15M	250.42M	237.13M	204.52M	170.59M	141.82M	119.85M	122.63M	144.8M	164.75M	184.26M	200.7M	195.48M	168.63M	142.42M	112.31M	87.08M	84.73M