When did WEX report Q1 2025 earnings?

WEX (WEX) reported Q1 2025 earnings on April 30, 2025 after market close.

What were WEX's Q1 2025 revenue and EPS?

WEX reported revenue of $636.6M and diluted EPS of $3.51 for Q1 2025.

Did WEX beat estimates in Q1 2025?

Revenue beat the consensus estimate of $632.5M by $4.1M. EPS beat the consensus estimate of $3.40 by $0.11.

How did WEX's Q1 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 2.5% from $652.7M a year earlier and diluted EPS grew 1.4% from $3.46.

Where can I find WEX's Q1 2025 SEC filings?

You can read the 10-Q periodic report (0001309108-25-000087) directly on SEC EDGAR. The filing index links above go to sec.gov.

WEX WEX Q1 2025 earnings

Reported April 30, 2025 · After market close

Revenue$636.6MBeat by $4.1M Diluted EPS$3.51Beat by $0.11

Revenue estimate$632.5M

EPS estimate$3.40

Next report

Jul 22, 2026 (In 1 week)

Revenue estimate$738.1M

EPS estimate$5.06

Financials

Q1 2025

Income statement

See full

Revenue$636.6M-2.5%

Gross profit$366.6M-4.9%

Operating income$157.3M-4.4%

Net income$71.5M+8.7%

EPS (diluted)$1.81+16.8%

Balance sheet

See full

Cash & equivalents$1.3B-38.6%

Total debt$5.6B+33.2%

Total equity$810.4M-54.4%

Total assets$14.0B-3.2%

Cash flow

See full

Operating cash flow-$481.6M-214%

CapEx$32.6M-4.1%

Free cash flow-$514.2M-175%

Valuation & ratios

Valuation

as of 03/31/25

See full

Market cap$6.09B-38.6%

Enterprise value$10.4B-13.6%

P/E19.3×-18.2×

P/S2.3×-1.5×

Profitability

See full

Gross margin60.2%-1.5pp

Operating margin26%+0.6pp

Net margin12.1%+1.9pp

FCF margin0.3%-22.1pp

Returns & leverage

See full

Return on equity24.4%+9.0pp

Debt / equity6.9×+4.5×

Current ratio1×0.0×

Segments

By segment

See full

Mobility$333.8M-1.5%

Benefits$199.3M+4.2%

Corporate Payments$103.5M-15.5%

By product

See full

Payment processing revenue$271.8M-10.0%

Account servicing revenue$179.1M+3.3%

Finance fee revenue$75.7M+7.7%

By geography

See full

United States$583.9M+2.0%

Versus estimates

Revenue

Q1 2026$673.8MBeat by $2.0M Q4 2025$672.9MBeat by $12.2M Q3 2025$691.8MBeat by $32.6M Q2 2025$659.6MMiss by $8.2M

Q1 2025$636.6MBeat by $4.1M

Q4 2024$636.5MBeat by $1.9M

Diluted EPS

Q1 2026$4.15Beat by $0.07 Q4 2025$4.11Beat by $0.20 Q3 2025$4.59Beat by $0.14 Q2 2025$3.95Beat by $0.26

Q1 2025$3.51Beat by $0.11

Q4 2024$3.57Beat by $0.01

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Questions, answered.

When did WEX report Q1 2025 earnings?: WEX (WEX) reported Q1 2025 earnings on April 30, 2025 after market close.
What were WEX's Q1 2025 revenue and EPS?: WEX reported revenue of $636.6M and diluted EPS of $3.51 for Q1 2025.
Did WEX beat estimates in Q1 2025?: Revenue beat the consensus estimate of $632.5M by $4.1M. EPS beat the consensus estimate of $3.40 by $0.11.
How did WEX's Q1 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 2.5% from $652.7M a year earlier and diluted EPS grew 1.4% from $3.46.
Where can I find WEX's Q1 2025 SEC filings?: You can read the 10-Q periodic report (0001309108-25-000087) directly on SEC EDGAR. The filing index links above go to sec.gov.