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WEX WEX Q1 2026 earnings

Reported April 22, 2026 · After market close

Revenue$673.8MBeat by $2.0MDiluted EPS$4.15Beat by $0.07
Revenue estimate$671.8M
EPS estimate$4.08

Next report

Jul 22, 2026 (In 1 week)
Revenue estimate$738.1M
EPS estimate$5.06

Financials

Q1 2026

Income statement

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Revenue$673.8M+5.8%
Gross profit$393.7M+7.4%
Operating income$158.2M+0.6%
Net income$77.7M+8.7%
EPS (diluted)$2.22+22.7%

Balance sheet

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Cash & equivalents$1.2B-2.9%
Total debt$5.2B-6.2%
Total equity$1.3B+57.3%
Total assets$15.4B+10.5%

Cash flow

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Operating cash flow-$330.8M+31.3%
CapEx$37.5M+15.0%
Free cash flow-$368.3M+28.4%

Valuation & ratios

Valuation

as of 07/09/26
See full
Market cap$5.16B-13.8%
Enterprise value$9.15B-11.1%
P/E16.6×-2.4×
P/S1.9×-0.4×

Profitability

See full
Gross margin58.8%-1.3pp
Operating margin24.6%-1.4pp
Net margin11.5%-0.6pp
FCF margin17%+16.8pp

Returns & leverage

See full
Return on equity29.8%+5.4pp
Debt / equity4.1×-2.8×
Current ratio1×0.0×

Segments

By segment

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Mobility$344.6M+3.2%
Benefits$216.2M+8.5%
Corporate Payments$113.0M+9.2%

By product

See full
Payment processing revenue$284.2M+4.6%
Account servicing revenue$182.5M+1.9%
Finance fee revenue$80.1M+5.8%

Versus estimates

Revenue

Q1 2026$673.8MBeat by $2.0M
Q4 2025$672.9MBeat by $12.2MQ3 2025$691.8MBeat by $32.6MQ2 2025$659.6MMiss by $8.2MQ1 2025$636.6MBeat by $4.1MQ4 2024$636.5MBeat by $1.9M

Diluted EPS

Q1 2026$4.15Beat by $0.07
Q4 2025$4.11Beat by $0.20Q3 2025$4.59Beat by $0.14Q2 2025$3.95Beat by $0.26Q1 2025$3.51Beat by $0.11Q4 2024$3.57Beat by $0.01

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Questions, answered.

When did WEX report Q1 2026 earnings?
WEX (WEX) reported Q1 2026 earnings on April 22, 2026 after market close.
What were WEX's Q1 2026 revenue and EPS?
WEX reported revenue of $673.8M and diluted EPS of $4.15 for Q1 2026.
Did WEX beat estimates in Q1 2026?
Revenue beat the consensus estimate of $671.8M by $2.0M. EPS beat the consensus estimate of $4.08 by $0.07.
How did WEX's Q1 2026 results compare year-over-year?
Compared to the same quarter a year prior, revenue grew 5.8% from $636.6M a year earlier and diluted EPS grew 18.2% from $3.51.
Where can I find WEX's Q1 2026 SEC filings?
You can read the 8-K earnings release (0001309108-26-000014) and the 10-Q periodic report (0001309108-26-000017) directly on SEC EDGAR. The filing index links above go to sec.gov.