When did WEX report Q4 2024 earnings?

WEX (WEX) reported Q4 2024 earnings on February 5, 2025 after market close.

What were WEX's Q4 2024 revenue and EPS?

WEX reported revenue of $636.5M and diluted EPS of $3.57 for Q4 2024.

Did WEX beat estimates in Q4 2024?

Revenue beat the consensus estimate of $634.6M by $1.9M. EPS beat the consensus estimate of $3.56 by $0.01.

Where can I find WEX's Q4 2024 SEC filings?

You can read the 10-K periodic report (0001309108-25-000017) directly on SEC EDGAR. The filing index links above go to sec.gov.

WEX WEX Q4 2024 Annual earnings

Reported February 5, 2025 · After market close

Revenue$636.5MBeat by $1.9M Diluted EPS$3.57Beat by $0.01

Revenue estimate$634.6M

EPS estimate$3.56

Next report

Jul 22, 2026 (In 1 week)

Revenue estimate$738.1M

EPS estimate$5.06

Financials

Q4 2024

Income statement

See full

Revenue$636.5M-4.0%

Gross profit$378.9M-7.0%

Operating income$157.3M-0.8%

Net income$63.9M-24.7%

EPS (diluted)$1.61-18.7%

Balance sheet

See full

Cash & equivalents$1.4B-35.6%

Total debt$4.4B+12.6%

Total equity$1.5B-18.2%

Total assets$13.3B-4.0%

Cash flow

See full

Operating cash flow$638.4M-16.2%

CapEx$38.7M-7.6%

Free cash flow$599.7M-16.7%

Valuation & ratios

Valuation

as of 12/31/24

See full

Market cap$6.97B-15.2%

Enterprise value$9.98B+0.4%

P/E22.5×-8.3×

P/S2.7×-0.6×

Profitability

See full

Gross margin60.5%-1.3pp

Operating margin26.1%+0.7pp

Net margin11.8%+1.3pp

FCF margin12.7%-17.3pp

Returns & leverage

See full

Return on equity18.7%+3.3pp

Debt / equity3×+0.8×

Current ratio1×0.0×

Segments

By segment

See full

Mobility$345.2M-1.4%

Benefits$187.0M+4.9%

Corporate Payments$104.3M-22.7%

By product

See full

Payment processing revenue$270.2M-13.3%

Account servicing revenue$174.1M+1.6%

Finance fee revenue$79.6M-0.5%

By geography

See full

United States$572.4M—

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 Q4 2024 earnings?: WEX (WEX) reported Q4 2024 earnings on February 5, 2025 after market close.
What were WEX's Q4 2024 revenue and EPS?: WEX reported revenue of $636.5M and diluted EPS of $3.57 for Q4 2024.
Did WEX beat estimates in Q4 2024?: Revenue beat the consensus estimate of $634.6M by $1.9M. EPS beat the consensus estimate of $3.56 by $0.01.
Where can I find WEX's Q4 2024 SEC filings?: You can read the 10-K periodic report (0001309108-25-000017) directly on SEC EDGAR. The filing index links above go to sec.gov.