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WEX WEX United States — Total revenues

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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 / equity4×-1.6×
Current ratio1×0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept us-gaap:Revenues.

The source filing: WEX’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 2:14 PM EST
Fiscal year
FY2025
Accession
0001309108-26-000010
(in millions)Year ended December 31, 2025Year ended December 31, 2024Year ended December 31, 2023
United States$2,335.7$2,289.5$2,193.8
Other international(1)325.0338.7354.2
Total revenues$2,660.8$2,628.1$2,548.0

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is WEX's united states — total revenues?
WEX (WEX) reported united states — total revenues of $583.93M in Q4 2025.
How has WEX's united states — total revenues changed year-over-year?
WEX's united states — total revenues increased by 2.0% year-over-year, from $572.38M to $583.93M.
What is the long-term trend for WEX's united states — total revenues?
Over 4 years (2021 to 2025), WEX's united states — total revenues has grown at a 9.2% compound annual growth rate (CAGR), from $1.64B to $2.34B.
What does united states — total revenues mean?
This metric represents the total gross income generated from all business activities within the United States geographic segment. It encompasses revenue streams from fleet mobility solutions, corporate payment processing, and healthcare benefit services provided to domestic clients. Monitoring this figure helps investors assess the scale of operations and the company's ability to capture market share within its primary domestic market.

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