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WEX WEX Gross Profit

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Other financials

Income statement

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Revenue$753.5M+14.2%
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$6.42B+9.6%
Enterprise value$10B+2.5%
P/E18.3×-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

Calculated from WEX’s reported figures.

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 gross profit?
WEX (WEX) reported gross profit of $463.8M in Q2 2026.
How has WEX's gross profit changed year-over-year?
WEX's gross profit increased by 19.9% year-over-year, from $386.9M to $463.8M.
What is the long-term trend for WEX's gross profit?
Over 4 years (2021 to 2025), WEX's gross profit has grown at a 8.0% compound annual growth rate (CAGR), from $1.15B to $1.56B.
What does gross profit mean?
Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

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