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WEX WEX Deferred Revenue

Deferred Revenue at other companies

Corpay logo
CorpayCPAY
$7.85B+143%
HQY
HealthEquityHQY
$5M-65.3%
Expensify, Inc. logo
Expensify, Inc.EXFY
$616K+39.1%
Vontier logo
VontierVNT
$72.5M-38.6%
Paycom Software logo
Paycom SoftwarePAYC
$122.1M+2.3%
Fidelity National Information Services logo
Fidelity National Information ServicesFIS
$1.01B+9.7%

Other financials

Income statement

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Revenue$753.5M+14.2%
Gross profit$463.8M+19.9%
Operating income$203.2M+29.6%
Net income$108.5M+59.3%
EPS (diluted)$3.11+57.1%

Balance sheet

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Cash & equivalents$1.8B+15.8%
Total debt$5.4B-1.6%
Total equity$1.3B+37.4%
Total assets$16.5B+12.4%

Cash flow

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Operating cash flow-$77.6M-129%
CapEx$43.5M+25.7%
Free cash flow-$121.1M-153%

Valuation

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Market cap$6.46B+9.6%
Enterprise value$10.04B+2.5%
P/E18.4×-0.8×
P/S2.3×0.0×

Profitability

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Gross margin59.6%0.0pp
Operating margin25.5%-0.2pp
Net margin12.6%+0.8pp
FCF margin3.9%-7.0pp

Returns & leverage

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Return on equity30.2%+8.0pp
Debt / equity-1.6×
Current ratio0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept us-gaap:ContractWithCustomerLiabilityCurrent.

The source filing: WEX’s 10-Q, filed July 23, 2026. Open the filing →

Filed
Jul 23, 2026, 1:48 PM EDT
Fiscal quarter
Q2 FY2026
Calendar quarter
Q2 2026
Accession
0001309108-26-000029

FAQ

What is WEX's deferred revenue?
WEX (WEX) reported deferred revenue of $25.9M in Q2 2026.
How has WEX's deferred revenue changed year-over-year?
WEX's deferred revenue decreased by 56.5% year-over-year, from $59.5M to $25.9M.
What is the long-term trend for WEX's deferred revenue?
Over 4 years (2020 to 2025), WEX's deferred revenue has grown at a -58.6% compound annual growth rate (CAGR), from $911.4M to $26.7M.
What does deferred revenue mean?
Payments received from customers for goods or services to be delivered within one year — recognized as revenue as performance obligations are satisfied.

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