What are WEX's profit margins?

Gross margin is 58.8% and operating margin is 24.6%, with a 11.5% net margin.

Where does WEX's income statement data come from?

Every line is extracted from WEX's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

WEX WEX Income Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Total revenue	$2.7B+1.4%	$2.66B+1.4%	$2.62B+1.0%	$2.6B-0.5%	$2.61B-0.6%
Total cost of revenue	$1.11B+0.9%	$1.1B+2.4%	$1.07B+2.4%	$1.05B+0.9%	$1.04B+0.3%
Gross profit	$1.59B+1.7%	$1.56B+0.7%	$1.55B+0.1%	$1.55B-1.5%	$1.57B-1.2%
Gross margin	58.8%+0.2pp	58.6%-0.4pp	59.1%-0.6pp	59.6%-0.6pp	60.2%-0.4pp
Selling and marketing	$400.7M+3.5%	$387M+5.4%	$367M+4.7%	$350.6M+1.2%	$346.6M+1.6%
General and administrative	$343.9M+4.1%	$330.3M-4.6%	$346.2M0.0%	$346.3M-4.1%	$361M-3.9%
Operating income	$664.9M+0.1%	$664M+1.4%	$655M-1.9%	$667.8M-1.7%	$679.1M-1.0%
Operating margin	24.6%-0.3pp	25%0.0pp	25%-0.7pp	25.7%-0.3pp	26%-0.1pp
Other income (expense), net	——	——	-$19.7M-41.7%	-$13.9M+16.8%	-$16.7M+36.0%
Income before income taxes	$428.3M+1.9%	$420.2M+7.5%	$390.8M-5.9%	$415.5M-3.0%	$428.2M+2.5%
Income tax expense	$118M+1.6%	$116.1M+8.6%	$106.9M-1.8%	$108.9M-3.5%	$112.8M+4.3%
Net income	$310.4M+2.0%	$304.2M+7.2%	$283.8M-7.4%	$306.4M-2.8%	$315.3M+1.8%
Net margin	11.5%+0.1pp	11.4%+0.6pp	10.8%-1.0pp	11.8%-0.3pp	12.1%+0.3pp
Diluted earnings per share	$8.90+4.8%	$8.49+10.3%	$7.70-2.8%	$7.92+1.9%	$7.77+3.5%
EBITDA	$996.1M+0.1%	$995.1M+0.9%	$986M-1.1%	$996.6M-0.7%	$1B-0.4%
EBITDA margin	36.9%-0.5pp	37.4%-0.2pp	37.6%-0.8pp	38.4%-0.1pp	38.4%+0.1pp
EBIT	$664.9M+0.1%	$664M+1.4%	$655M-1.9%	$667.8M-1.7%	$679.1M-1.0%

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Questions, answered.

What are WEX's profit margins?: Gross margin is 58.8% and operating margin is 24.6%, with a 11.5% net margin.
Where does WEX's income statement data come from?: Every line is extracted from WEX's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.