When did WEX report Q2 2025 earnings?

WEX (WEX) reported Q2 2025 earnings on July 23, 2025 after market close.

What were WEX's Q2 2025 revenue and EPS?

WEX reported revenue of $659.6M and diluted EPS of $3.95 for Q2 2025.

Did WEX beat estimates in Q2 2025?

Revenue missed the consensus estimate of $667.8M by $8.2M. EPS beat the consensus estimate of $3.69 by $0.26.

How did WEX's Q2 2025 results compare year-over-year?

Compared to the same quarter a year prior, revenue declined 2.1% from $673.5M a year earlier and diluted EPS grew 1.0% from $3.91.

Where can I find WEX's Q2 2025 SEC filings?

You can read the 10-Q periodic report (0001309108-25-000174) directly on SEC EDGAR. The filing index links above go to sec.gov.

WEX WEX Q2 2025 earnings

Reported July 23, 2025 · After market close

Revenue$659.6MMiss by $8.2M Diluted EPS$3.95Beat by $0.26

Revenue estimate$667.8M

EPS estimate$3.69

Next report

Jul 22, 2026 (In 1 week)

Revenue estimate$738.1M

EPS estimate$5.06

Financials

Q2 2025

Income statement

See full

Revenue$659.6M-2.1%

Gross profit$386.9M-5.6%

Operating income$156.8M-6.7%

Net income$68.1M-11.6%

EPS (diluted)$1.98+8.2%

Balance sheet

See full

Cash & equivalents$1.5B-13.9%

Total debt$5.4B+29.3%

Total equity$978.7M-45.1%

Total assets$14.7B+3.0%

Cash flow

See full

Operating cash flow$264.6M+3,880%

CapEx$34.6M-12.6%

Free cash flow$230.0M+594%

Valuation & ratios

Valuation

as of 06/30/25

See full

Market cap$4.95B-33.2%

Enterprise value$8.86B-9.9%

P/E16.1×-13.9×

P/S1.9×-0.9×

Profitability

See full

Gross margin59.6%-1.7pp

Operating margin25.7%+0.5pp

Net margin11.8%+2.5pp

FCF margin10.9%-7.9pp

Returns & leverage

See full

Return on equity22.2%+8.3pp

Debt / equity5.6×+3.2×

Current ratio1×0.0×

Segments

By segment

See full

Mobility$346.2M-3.7%

Benefits$195.1M+8.5%

Corporate Payments$118.3M-11.8%

By product

See full

Payment processing revenue$285.2M-10.4%

Account servicing revenue$177.9M+5.5%

Finance fee revenue$80.4M+3.3%

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 Q2 2025 earnings?: WEX (WEX) reported Q2 2025 earnings on July 23, 2025 after market close.
What were WEX's Q2 2025 revenue and EPS?: WEX reported revenue of $659.6M and diluted EPS of $3.95 for Q2 2025.
Did WEX beat estimates in Q2 2025?: Revenue missed the consensus estimate of $667.8M by $8.2M. EPS beat the consensus estimate of $3.69 by $0.26.
How did WEX's Q2 2025 results compare year-over-year?: Compared to the same quarter a year prior, revenue declined 2.1% from $673.5M a year earlier and diluted EPS grew 1.0% from $3.91.
Where can I find WEX's Q2 2025 SEC filings?: You can read the 10-Q periodic report (0001309108-25-000174) directly on SEC EDGAR. The filing index links above go to sec.gov.