Stocks Consumer discretionary WEX
NYSE · Consumer discretionaryWEX Inc. (WEX)
WEX Inc. brought in $2.9B of revenue over the twelve months to September 30, 2026, up 9.7% from a year earlier. Net income was $404.5M, a net margin of 14.0%. Operating cash flow minus capital spending left $313.7M of free cash flow in fiscal 2025. At September 30, 2026 it held $593.2M in cash against $3.5B of debt. Its latest periodic report to the SEC is the quarterly report (10-Q) filed on October 29, 2026.
Key facts about WEX Inc.
- Net worth
- WEX Inc. has a market value (market cap) of $6.2B at the latest share price, and shareholders' equity of $1.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
- Revenue and profit
- In fiscal 2025 revenue was $2.7B (+1.2% year on year), with net income of $304.1M. Over the 12 months to September 30, 2026: revenue $2.9B, net income $404.5M.
- Cash flow
- In fiscal 2025 operations brought in $454.3M of cash; after $140.6M of capital spending, free cash flow was $313.7M.
- Latest report
- The latest periodic report (quarterly report, 10-Q) was filed with the SEC on October 29, 2026 and covers the period to September 30, 2026. Open on SEC EDGAR
- Next earnings report
- WEX Inc.'s next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
What WEX Inc. does
WEX Inc. is registered with the SEC under industry code SIC 7389 (Services-Business Services, NEC). Its shares trade on NYSE under the ticker WEX.
Revenue and profit by year
Key figures
| Fiscal year | Revenue | Net income | Diluted EPS | Free cash flow |
|---|---|---|---|---|
| 2025 | $2.7B | $304.1M | $8.47 | $313.7M |
| 2024 | $2.6B | $309.6M | $7.50 | $334.1M |
| 2023 | $2.5B | $266.6M | $6.16 | $764.3M |
| 2022 | $2.4B | $167.2M | $4.50 | $566.5M |
| 2021 | $1.9B | $135.3M | $0.00 | -$128.6M |
| 2020 | $1.6B | -$284M | -$5.56 | $656.3M |
Earnings: every quarter and the next report date
Full financial statements: income, balance sheet and cash flow
Where WEX ranks in Consumer discretionary
Latest SEC filings
What WEX Inc. has filed recently, newest first. Each links to the original document on SEC EDGAR.
- November 5, 2026Passive stake changed SCHEDULE 13G/A
- October 29, 2026Quarterly report 10-Q · period to September 30, 2026Revenue rose 13% to $780.1M versus the same quarter last year; diluted EPS $3.88 versus $2.30.
- October 28, 2026
- August 6, 2026Passive stake (5% or more) SCHEDULE 13G
- July 23, 2026Quarterly report 10-Q · period to June 30, 2026Revenue rose 14% to $753.5M versus the same quarter last year; diluted EPS $3.11 versus $1.98.
- July 22, 2026
- May 14, 2026
- May 12, 2026Passive stake changed SCHEDULE 13G/A
- May 5, 2026Additional proxy material DEFA14A
- May 4, 2026Form DFAN14A filing DFAN14A
What is WEX worth? A DCF from its reported cash flow
Insider trades
What the people running WEX Inc. did with its shares, from the Form 4 filings they must send the SEC within two business days.
Insiders sold $49.6M worth of shares in the last 90 days and bought none on the open market. 13% of the selling was pre-planned under Rule 10b5-1 trading plans.
| Date | Insider | What | Shares | Value |
|---|---|---|---|---|
| November 6, 2026 | Wolfe Lauren TaylorDirector | Soldindirect | 34,577 | $6.4M |
| November 5, 2026 | Wolfe Lauren TaylorDirector | Soldindirect | 200,000 | $36.2M |
| November 3, 2026 | Dhawan SachinChief Technology Officer | Sold | 3,873 | $709K |
| October 5, 2026 | Deshaies Robert JosephCOO, Benefits | Soldpre-planned (10b5-1) | 98 | $16.6K |
| October 5, 2026 | Deshaies Robert JosephCOO, Benefits | Soldpre-planned (10b5-1) | 48 | $8.2K |
| October 5, 2026 | Deshaies Robert JosephCOO, Benefits | Soldpre-planned (10b5-1) | 602 | $103.9K |
| October 5, 2026 | Deshaies Robert JosephCOO, Benefits | Soldpre-planned (10b5-1) | 549 | $95.3K |
| October 5, 2026 | Deshaies Robert JosephCOO, Benefits | Soldpre-planned (10b5-1) | 615 | $107.6K |
Who owns WEX
Three views from three kinds of SEC filings, each with its own date. They overlap and are not added up.
5% holders
| Holder | Of class | Filed |
|---|---|---|
| Janus Henderson Group PLC13G, passive with 1 related filers | 11.3% | August 14, 2025 |
| PAR Investment Partners, L.P.13G, passive with 2 related filers | 6.6% | February 17, 2026 |
| Fmr LLC13G, passive with 1 related filers | 5.2% | August 6, 2026 |
| Vanguard Capital Management13G, passive | 5.2% | April 30, 2026 |
Largest institutional holders
Positions that investment managers reported on Form 13F for the quarter ended June 30, 2026, largest first, with the change on the quarter ended March 31, 2026. Managers file 13F up to 45 days after a quarter ends. 415 managers reported a position.
| Holder | Shares | Change on quarter |
|---|---|---|
| Jupiter Topco LLC | 3,967,061 | new |
| BlackRock, Inc. | 3,167,005 | +61,564 |
| Par Capital Management Inc | 2,254,984 | 0 |
| Morgan Stanley | 1,949,295 | -150,973 |
| Fmr LLC | 1,801,385 | +576,081 |
| Impactive Capital LP | 1,707,253 | 0 |
| Vanguard Capital Management LLC | 1,513,612 | -28,834 |
| Boston Partners | 1,493,028 | -167,745 |
| Vanguard Portfolio Management LLC | 1,430,765 | -52,838 |
| State Street Corp | 1,133,228 | +41,815 |
| Earnest Partners LLC | 857,373 | -25,632 |
| Bank of America Corp | 815,695 | -7,986 |
| Geode Capital Management, LLC | 671,582 | +15,745 |
| Lyrical Asset Management LP | 770,524 | +9,588 |
| Dimensional Fund Advisors LP | 733,560 | +47,425 |
| Turtle Creek Asset Management Inc. | 728,088 | +58,753 |
| Citadel Advisors LLC | 582,786 | +307,959 |
| Sei Investments Co | 549,632 | -47,968 |
| Capital World Investors | 547,682 | +336,442 |
| Charles Schwab Investment Management Inc | 487,579 | +9,026 |
Insiders
18 insiders reported holding 1,779,891 shares in total, about $321.3M at the last price.
| Holder | Shares |
|---|---|
| Wolfe Lauren TaylorDirector | 1,472,8801,472,880 held indirectly |
| Smith Melissa DCEO and President, Director | 126,625 |
| Narula JagtarChief Financial Officer | 26,851 |
| Stroup Karen B.Chief Digital Officer | 22,285 |
| Groch James RDirector | 18,298 |
| Deshaies Robert JosephCOO, Benefits | 17,288 |
| Dearborn Joel Alan JRCOO, International | 17,021 |
| Callahan DonDirector | 12,418 |
| Dhawan SachinChief Technology Officer | 11,286 |
| Carriedo CarlosCOO, Amer. Payments & Mobility | 11,076 |
Questions about WEX
What does WEX Inc. do?
WEX Inc. is a company in the Consumer discretionary sector, listed on NYSE as WEX. Its shares trade on NYSE under the ticker WEX.
What is WEX Inc.'s net worth?
WEX Inc. has a market value (market cap) of $6.2B at the latest share price, and shareholders' equity of $1.2B on its balance sheet at September 30, 2026. A company's "net worth" usually means one of these: what the market pays for all its shares, or its assets minus its liabilities.
Is WEX Inc. profitable?
Yes. Over the twelve months to September 30, 2026 it reported net income of $404.5M on revenue of $2.9B, a net margin of 14.0%.
How much revenue does WEX Inc. make?
Over the twelve months to September 30, 2026 WEX Inc. reported revenue of $2.9B. That is 9.7% more than a year earlier.
When did WEX Inc. last report?
Its most recent periodic report is the quarterly report (10-Q) filed on October 29, 2026. It covers the period to September 30, 2026. Its newest filing of any kind is the insider trade from November 9, 2026.
When is WEX Inc.'s next earnings report?
WEX Inc.'s next report is expected around February 3, 2027. That is an estimate from its filing rhythm, not a date the company has announced.
Similar companies
Compare WEX with
Follow WEX
Get an email when WEX Inc. files with the SEC: results, executive changes, material agreements and annual reports.
Where the numbers come from
Financial figures are the values WEX Inc. tagged in its own SEC filings (XBRL), taken from the latest filing for each period, so restatements replace older figures. Revenue, profit and cash flow are for full fiscal years unless marked as the last twelve months, which is the sum of the four most recent quarters. Where a company reports only the full year, the fourth quarter is the year minus the first three.
Prices are delayed end-of-day market data in the listing currency, and market cap moves with the price. P/E is shown only when earnings per share are positive. Nothing here is investment advice.