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WEX WEX Equity Method Investments

Equity Method Investments at other companies

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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:EquitySecuritiesWithoutReadilyDeterminableFairValueAmount.

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

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

The Company’s other investments at June 30, 2026 and December 31, 2025, which include Federal Home Loan Bank stock and minority equity or other investments in early-stage companies and venture capital funds for which there is no readily determinable fair value and over which we do not exert significant influence, were $103.3 million and $76.6 million, respectively. The investments are recorded at cost within other assets on our condensed consolidated balance sheets.

Item 1. Financial Statements.

FAQ

What is WEX's equity method investments?
WEX (WEX) reported equity method investments of $103.3M in Q2 2026.
How has WEX's equity method investments changed year-over-year?
WEX's equity method investments increased by 32.8% year-over-year, from $77.8M to $103.3M.
What is the long-term trend for WEX's equity method investments?
Over 5 years (2020 to 2025), WEX's equity method investments has grown at a 15.5% compound annual growth rate (CAGR), from $37.27M to $76.6M.
What does equity method investments mean?
Investments in unconsolidated affiliates and joint ventures where the company has significant influence (typically 20-50% ownership), carried at proportional book value.

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