WEX WEX Business Segments
| FY'25 | FY'24 | FY'23 | FY'22 | ||
|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax by Business | |||||
| Benefits | $797.4M+7.8% | $739.5M+10.6% | $668.4M+32.5% | $504.5M+21.8% | |
| Corporate Payments | $477.5M-2.1% | $487.8M-1.8% | $496.9M+23.5% | $402.4M+23.9% | |
| Mobility | $1.39B-1.1% | $1.4B+1.3% | $1.38B-4.2% | $1.44B+29.9% | |
| Total revenues (revenues from external customers) by Product | |||||
| Account servicing revenue | $726M+5.1% | $690.6M+6.8% | $646.4M+13.6% | $569.2M+8.0% | |
| Finance fee revenue | $321.3M+7.7% | $298.2M-5.1% | $314.2M-12.8% | $360.5M+41.2% | |
| Payment processing revenue | $1.14B-4.8% | $1.2B-1.1% | $1.21B+5.0% | $1.16B+34.6% | |
| Total revenues by Geography | |||||
| Other international | $325M-4.0% | $338.7M-4.4% | $354.2M+22.8% | $288.5M— | |
| United States | $2.34B+2.0% | $2.29B+4.4% | $2.19B+6.4% | $2.06B+25.5% |
Chart any of these lines over time, or line them up against competitors.
Compare these in charts →Questions, answered.
- How does WEX break its business down?
- WEX (WEX) reports revenue from contract with customer, excluding assessed tax by business across 3 parts — Benefits, Corporate Payments and Mobility. Each is extracted from the segment footnotes and tracked over time.
- Where does WEX's segment data come from?
- Segment breakdowns are pulled from the segment footnotes in WEX's SEC filings (the XBRL dimensional tags), so every line ties back to a reported figure. Switch between quarterly, annual, and TTM, or open any segment for its full history.