What is WEX's PP&E (net)?

WEX (WEX) reported PP&E (net) of $255.2M in Q1 2026.

How has WEX's PP&E (net) changed year-over-year?

WEX's PP&E (net) decreased by 1.4% year-over-year, from $258.8M to $255.2M.

What is the long-term trend for WEX's PP&E (net)?

Over 5 years (2020 to 2025), WEX's PP&E (net) has grown at a 6.1% compound annual growth rate (CAGR), from $188.34M to $253.7M.

What does PP&E (net) mean?

Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.

WEX WEX PP&E (Net)

PP&E (Net) at other companies

CorpayCPAY

$468.54M+16.7%

HQY

HealthEquityHQY

$3.8M+19.8%

Fidelity National Information ServicesFIS

$1.11B+61.5%

Global PaymentsGPN

$2.01B-14.5%

ACI WorldwideACIW

$37.53M+11.3%

Affirm Holdings, Inc.AFRM

$668.29M+23.0%

Segments

By geography

See full

United States$251.6M+8.6%

Other financials

Income statement

See full

Revenue$673.8M+5.8%

Gross profit$393.7M+7.4%

Operating income$158.2M+0.6%

Net income$77.7M+8.7%

EPS (diluted)$2.22+22.7%

Balance sheet

See full

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

See full

Operating cash flow-$330.8M+31.3%

CapEx$37.5M+15.0%

Free cash flow-$368.3M+28.4%

Valuation

See full

Market cap$4.42B-13.8%

Enterprise value$8.42B-11.1%

P/E14.2×-2.0×

P/S1.6×-0.3×

Profitability

See full

Gross margin58.8%-1.3pp

Operating margin24.6%-1.4pp

Net margin11.5%-0.6pp

FCF margin17%+16.8pp

Returns & leverage

See full

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:PropertyPlantAndEquipmentNet.

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 PP&E (net)?: WEX (WEX) reported PP&E (net) of $255.2M in Q1 2026.
How has WEX's PP&E (net) changed year-over-year?: WEX's PP&E (net) decreased by 1.4% year-over-year, from $258.8M to $255.2M.
What is the long-term trend for WEX's PP&E (net)?: Over 5 years (2020 to 2025), WEX's PP&E (net) has grown at a 6.1% compound annual growth rate (CAGR), from $188.34M to $253.7M.
What does PP&E (net) mean?: Total property, plant, and equipment minus accumulated depreciation — the net book value of all tangible long-lived assets.