What is WEX's operating income?

WEX (WEX) reported operating income of $158.2M in Q1 2026.

How has WEX's operating income changed year-over-year?

WEX's operating income increased by 0.6% year-over-year, from $157.3M to $158.2M.

What is the long-term trend for WEX's operating income?

Over 4 years (2021 to 2025), WEX's operating income has grown at a 18.0% compound annual growth rate (CAGR), from $342M to $664M.

What does operating income mean?

Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.

WEX WEX Operating Income

Operating Income at other companies

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$636.17M+48.9%

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$102.95M+23.9%

Fidelity National Information ServicesFIS

$423M+21.9%

Global PaymentsGPN

-$15.65M-104%

ACI WorldwideACIW

$57.49M-1.8%

Paycom SoftwarePAYC

$210.2M+13.6%

Other financials

Income statement

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Revenue$673.8M+5.8%

Gross profit$393.7M+7.4%

Net income$77.7M+8.7%

EPS (diluted)$2.22+22.7%

Balance sheet

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Cash & equivalents$1.2B-2.9%

Total debt$5.2B-6.2%

Total equity$1.3B+57.3%

Total assets$15.4B+10.5%

Cash flow

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Operating cash flow-$330.8M+31.3%

CapEx$37.5M+15.0%

Free cash flow-$368.3M+28.4%

Valuation

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Market cap$4.42B-13.8%

Enterprise value$8.42B-11.1%

P/E14.2×-2.0×

P/S1.6×-0.3×

Profitability

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Gross margin58.8%-1.3pp

Operating margin24.6%-1.4pp

Net margin11.5%-0.6pp

FCF margin17%+16.8pp

Returns & leverage

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Return on equity29.8%+5.4pp

Debt / equity4.1×-2.8×

Current ratio1×0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept us-gaap:OperatingIncomeLoss.

The official record: WEX’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEX's operating income?: WEX (WEX) reported operating income of $158.2M in Q1 2026.
How has WEX's operating income changed year-over-year?: WEX's operating income increased by 0.6% year-over-year, from $157.3M to $158.2M.
What is the long-term trend for WEX's operating income?: Over 4 years (2021 to 2025), WEX's operating income has grown at a 18.0% compound annual growth rate (CAGR), from $342M to $664M.
What does operating income mean?: Gross profit minus all operating expenses (SG&A, R&D, D&A). Measures the profit from core business operations before interest, taxes, and non-operating items.