WEX Quarterly Income Statement
NYSE: WEXConsumer DiscretionaryBusiness ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
WEX revenue and earnings
In the quarter ended Jun 30, 2026, WEX generated $753.5 million in revenue, up 14.2% from the same quarter a year earlier. Net income was $108.5 million (+59.3% year over year), for a net margin of 14.4% versus a median of 11.5% in the prior 5 quarters. Gross margin was 61.6% (up from 58.7%) and operating margin 27.0%.
Diluted earnings per share came in at $3.11, up from $1.98.
Summary generated from market data by MetaCap's automated system. Methodology
WEX income statement (quarterly)
| Quarter (USD) | Q2 20262026-06-30 | Q1 20262026-03-31 | Q4 20252025-12-31 | Q3 20252025-09-30 | Q2 20252025-06-30 | Q1 20252025-03-31 | Q4 20242024-12-31 | Q3 20242024-09-30 | Q2 20242024-06-30 | Q1 20242024-03-31 | Q4 20232023-12-31 | Q3 20232023-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 753.50M | 673.80M | 672.90M | 691.80M | 659.60M | 636.60M | 636.50M | 665.50M | 673.50M | 652.70M | 663.30M | 651.40M |
| Revenue growth (YoY) | +14.24% | +5.84% | +5.72% | +3.95% | -2.06% | -2.47% | -4.04% | +2.16% | +8.40% | +6.65% | +7.23% | +5.73% |
| Cost of Revenue | 289.70M | 280.10M | 283.60M | 274.30M | 272.70M | 270.00M | 257.60M | 249.20M | 263.80M | 267.20M | 255.90M | 235.10M |
| Gross Profit | 463.80M | 393.70M | 389.30M | 417.50M | 386.90M | 366.60M | 378.90M | 416.30M | 409.70M | 385.50M | 407.40M | 416.30M |
| Operating Expenses | 260.60M | 235.50M | 223.00M | 233.90M | 230.10M | 209.30M | 221.60M | 219.90M | 241.60M | 221.00M | 248.90M | 241.40M |
| Selling, General & Admin | 217.00M | 191.90M | 179.40M | 189.30M | 184.00M | 164.60M | 175.30M | 173.00M | 194.70M | 173.80M | 202.50M | 199.40M |
| Operating Income | 203.20M | 158.20M | 166.30M | 183.60M | 156.80M | 157.30M | 157.30M | 196.40M | 168.10M | 164.50M | 158.50M | 174.90M |
| Pretax Income | 150.50M | 108.50M | 110.00M | 116.40M | 93.40M | 100.40M | 80.60M | 141.10M | 106.10M | 90.00M | 108.40M | 44.40M |
| Income Tax | 41.90M | 30.80M | 25.80M | 36.20M | 25.20M | 28.90M | 16.60M | 38.20M | 29.10M | 24.20M | 23.50M | 26.00M |
| Net Income | 108.50M | 77.70M | 84.30M | 80.30M | 68.10M | 71.50M | 63.90M | 102.90M | 77.00M | 65.80M | 84.90M | 18.40M |
| Net Income growth (YoY) | +59.32% | +8.67% | +31.92% | -21.96% | -11.56% | +8.66% | -24.73% | +459.24% | -19.20% | -3.24% | -4.28% | — |
| EPS (Basic) | 3.13 | 2.25 | 2.41 | 2.34 | 1.98 | 1.84 | 1.61 | 2.56 | 1.85 | 1.57 | 2.00 | 0.43 |
| EPS (Diluted) | 3.11 | 2.22 | 2.38 | 2.30 | 1.98 | 1.81 | 1.60 | 2.52 | 1.83 | 1.55 | 1.98 | 0.42 |
| Shares Outstanding (Basic) | 34.70M | 34.50M | — | 34.40M | 34.30M | 38.90M | — | 40.30M | 41.70M | 41.80M | — | 42.90M |
| Shares Outstanding (Diluted) | 34.90M | 35.00M | — | 34.80M | 34.40M | 39.40M | — | 40.80M | 42.00M | 42.40M | — | 43.40M |
| EBITDA | 286.20M | 239.80M | 248.20M | 267.30M | 240.80M | 238.80M | 239.10M | 277.90M | 247.70M | 242.90M | 233.40M | 242.40M |
| Gross Margin | 61.55% | 58.43% | 57.85% | 60.35% | 58.66% | 57.59% | 59.53% | 62.55% | 60.83% | 59.06% | 61.42% | 63.91% |
| Operating Margin | 26.97% | 23.48% | 24.71% | 26.54% | 23.77% | 24.71% | 24.71% | 29.51% | 24.96% | 25.20% | 23.90% | 26.85% |
| Net Margin | 14.40% | 11.53% | 12.53% | 11.61% | 10.32% | 11.23% | 10.04% | 15.46% | 11.43% | 10.08% | 12.80% | 2.82% |
This table shows 12 quarterly periods of WEX's income statement, from Q2 2026 back to Q3 2023, across 18 line items including revenue, cost of revenue, gross profit. Values in USD; B = billions, M = millions. Fiscal periods follow WEX's reporting calendar. What is a income statement?