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WEX WEX Net Income

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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:NetIncomeLoss.

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
Line itemThree Months Ended June 30, 2026Three Months Ended June 30, 2025Six Months Ended June 30, 2026Six Months Ended June 30, 2025
Net foreign currency (loss) gain(0.5)2.44.1(0.7)
Income before income taxes150.593.4258.9193.7
Income tax expense41.925.272.754.1
Net income attributable to shareholders$108.5$68.1$186.2$139.6
Net income attributable to shareholders per share:
Basic$3.13$1.98$5.39$3.81
Diluted$3.11$1.98$5.33$3.78
Weighted average common shares outstanding:

Item 1. Financial Statements.

FAQ

What is WEX's net income?
WEX (WEX) reported net income of $108.5M in Q2 2026.
How has WEX's net income changed year-over-year?
WEX's net income increased by 59.3% year-over-year, from $68.1M to $108.5M.
What is the long-term trend for WEX's net income?
Over 4 years (2021 to 2025), WEX's net income has grown at a 22.3% compound annual growth rate (CAGR), from $136.1M to $304.1M.
What does net income mean?
Net income as the starting point for the indirect method operating cash flow reconciliation.

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