WEX Inc. logo

WEX Inc.

WEX
Last price US$176.15
Market cap US$6.1b
12M price change 1.18%
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WEX Inc. Overview

Industry: Software Infrastructure

Sector: Technology

WEX Inc. operates a commerce platform in the United States and internationally. The Fleet Solutions segment offers fleet vehicle payment solutions, transaction processing, and information management services. It also provides account and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and tools to fleets to manage expenses and capital requirements. This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships. The Travel and Corporate Solutions segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions. Its products include virtual cards that are used for transactions where no physical card is presented. This segment markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals, as well as businesses and financial institutions. The Health and Employee Benefit Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions. Its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services. This segment also provides custodial and depository services for health savings accounts; and payroll-related benefits. This segment markets its products through third-party administrators, financial institutions, payroll providers, and health plans. The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. WEX Inc. was founded in 1983 and is based in Portland, Maine. WEX Inc. operates a commerce platform in the United States and internationally. The Fleet Solutions segment offers fleet vehicle payment solutions, transaction processing, and information management services. It also provides account and account retention services; authorization and billing inquirie Read More

Mavefund brings filings, fundamentals, valuation, price history and news for WEX Inc. into one research view. The sections below show what strengthens or weakens the research case.

Score

Reported Results

What the company reported, with filing details kept small.

Filed Jul 22, 2026

Quarterly result summary

Revenue was $753.5M (+14.2% YoY). Operating income was $203.2M (+30% YoY). Net income was $3.1.

Revenue $753.5M +14.2% YoY
Operating income $203.2M +30% YoY
Net income $3.1 reported
Free cash flow $219M reported

What changed

  • Revenue +14.2% YoY to $753.5M.
  • Capital return update: free cash flow $219M.
  • Operating income +30% YoY to $203.2M.

Guidance / outlook

we expect to direct the vast majority of adjusted free cash flow to share repurchases.

Earnings release Open filing

Source: SEC EDGAR company-filed earnings materials. Dates are shown only for verification; review the source filing before relying on extracted report details.

Other recent earnings materials

Prediction-grade evidence

Recent News

Company-relevant articles from sources that pass the Mave Signal relevance and reliability checks.

Earnings Per Share

Score 4.00/5
WEX Inc. boasts a high score, as its Earnings Per Share (EPS) has demonstrated consistent growth over the past six years. Notable counterparts in the sector with high scores includes Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
In Software Infrastructure industry , Check Point Software Technologies Ltd , Microsoft Corporation , Adobe Systems Incorporated are companies with high ratings.

Return on Equity

Score 2.87/5
WEX Inc. stands out with a superior score in the Return on Equity (ROE) section, surpassing the sector median value and showcasing its strong performance in this metric. The top companies in the same sector include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
WEX Inc. WEX US$6.1b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Net Margin

Score 3.26/5
WEX Inc. commands a high score, propelled by its net margin consistently outpacing the sector median value and exhibiting continuous growth in recent six years; noteworthy counterparts in the sector, boasting similarly high scores, include Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd
WEX Inc. WEX US$6.1b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Share Buyback

In Software Infrastructure industry , Check Point Software Technologies Ltd , Microsoft Corporation , Adobe Systems Incorporated are companies with high ratings.

Leverage

Score 1.21/5
WEX Inc. registers a lower score in the category as a result of its elevated leverage ratio over the past six years compared to the sector median value. Conversely, other companies in the same sector, including Applied Materials Inc Alphabet Inc Class A Check Point Software Technologies Ltd have achieved high scores.
WEX Inc. WEX US$6.1b
Applied Mate... AMAT US$478.4b
Alphabet Inc... GOOGL US$4.3t
Check Point ... CHKP US$14.4b

Financial Statements

Company-reported SEC EDGAR facts organized into the three core statements.

Verified SEC statements load when this section enters view.

Source: SEC EDGAR companyfacts. Values are standardized company filings for research support, not personalized financial advice.

Financial Ratio

Yearly Quarterly

Financial
Profitability
Growth
Cash Flow
Financial Health
Efficiency Ratios

WEX Inc. logo

WEX Inc.

US$176.15

US$166.86

-5.3% vs price

US$6.1b

7.21%

1.18%