Latest revenue
$673.8M
as of 2026-03-31
Latest net income
$77.7M
as of 2026-03-31
Net margin
11.5%
as of 2026-03-31
Price · 5Y
Live market
delayed ≤15 min- Market cap
- $5.22B
- Enterprise value
- $5.22B
- P/E (trailing)
- 17.2×
- Forward P/E
- —
- P/B
- —
- Dividend yield
- 0.0%
- 52-wk high
- $186.85
- 52-wk low
- $128.91
- Beta
- —
- Shares out
- 34.7M
5-year trend
What this company does
ITEM 1. BUSINESS Company Overview WEX is a global commerce platform that provides seamlessly embedded, personalized payments solutions across three business segments: Mobility, Benefits, and Corporate Payments. Our purpose is to simplify the business of running a business. That purpose has become increasingly relevant as organizations face rising complexity driven by fragmented systems, manual workflows, increasing costs, and greater compliance demands. These challenges slow decision-making and introduce additional operational risk. Leveraging our deep industry expertise, WEX has developed platforms and proprietary networks that address these issues by delivering the technologies and…
AI summary unavailable — showing raw filing excerpt
Generated from WEX's filing dated 2026-02-13
Key risks
ITEM 1A. RISK FACTORS The risks and uncertainties described below are not the only risks and uncertainties that we face. Additional risks and uncertainties not presently known to us or that we currently deem immaterial may also impair our business operations. If any of those risks actually occurs, our business, financial condition, results of operations and cash flows could suffer. The risks and uncertainties discussed below also include forward-looking statements and our actual results may differ materially from those discussed in these forward-looking statements. Risk Factor Summary Investment in our securities involves risk. Below is a summary of what we believe to be the principal risks…
AI summary unavailable — showing raw filing excerpt
Generated from WEX's filing dated 2026-02-13
Profitability
Operating margin
25.0%
4.5%Net margin
11.4%
3.0%Return on equity
24.6%
18.5%Return on assets
2.1%
9.1%Leverage
Debt / equity
10.66×
34.2%Long-term debt / equity
2.86×
38.2%Debt / assets
91.4%
2.9%Earnings tracker
| Quarter | Revenue | YoY | Net income | YoY | Net margin |
|---|---|---|---|---|---|
Q1 2026 2026-03-31 | $673.8M | +5.8% | $77.7M | +8.7% | 11.5% |
Q4 2025 2025-12-31 | $672.8M | +5.7% | $84.2M | +31.8% | 12.5% |
Q3 2025 2025-09-30 | $691.8M | +4.0% | $80.3M | -22.0% | 11.6% |
Q2 2025 2025-06-30 | $659.6M | -2.1% | $68.1M | -11.6% | 10.3% |
Q1 2025 2025-03-31 | $636.6M | -2.5% | $71.5M | +8.7% | 11.2% |
Q4 2024 2024-12-31 | $636.4M | — | $63.9M | — | 10.0% |
Q3 2024 2024-09-30 | $665.5M | +2.2% | $102.9M | +459.2% | 15.5% |
Q2 2024 2024-06-30 | $673.5M | +8.4% | $77.0M | -19.2% | 11.4% |
Year-over-year change vs the same fiscal quarter one year prior. Revenue + net income sourced from SEC 10-Q / 10-K filings — no analyst-consensus dependency.
Industry trend
Services-Business Services, NEC · SIC 7389
Your notes
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Insider activity
Insider buying
$859.4K
Insider selling
$3.4M
Net activity
−$2.6M
Distinct insiders
9
Open-market trades over the last 365 days.
Recent transactions
Source: SEC Form 4 filings. Officers, directors, and 10%+ owners must disclose share transactions within two business days. RSU grants and tax-withholding rows are excluded by default — compensation activity is not a trading signal.
Who owns WEX
Institutional value
$2.35B
Total shares held
15.8M
Distinct holders
280
-84 vs prior
As of
2026-03-31
Prior: 2025-12-31
Filers with $100M+ AUM disclose holdings 45 days after quarter end.
Top institutional holders
| # | Manager | Shares | Value | QoQ change | Action |
|---|---|---|---|---|---|
| 1 | BlackRock, Inc. | 3.1M | $475.3M | +46.7K (+1.5%) | Added |
| 2 | Boston Partners | 1.7M | $254.2M | +213.3K (+14.7%) | Added |
| 3 | VANGUARD CAPITAL MANAGEMENT LLC | 1.5M | $236.1M | — | New |
| 4 | VANGUARD PORTFOLIO MANAGEMENT LLC | 1.5M | $227.1M | — | New |
| 5 | LYRICAL ASSET MANAGEMENT LP | 760.9K | $116.5M | -13.0K (-1.7%) | Trimmed |
| 6 | DIMENSIONAL FUND ADVISORS LP | 686.1K | $105.0M | -1.5K (-0.2%) | Trimmed |
| 7 | SEI INVESTMENTS CO | 597.6K | $91.5M | +47.8K (+8.7%) | Added |
| 8 | River Road Asset Management, LLC | 476.1K | $72.9M | -299.9K (-38.7%) | Trimmed |
| 9 | LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA | 375.1K | $59.8M | -32.9K (-8.1%) | Trimmed |
| 10 | FEDERATED HERMES, INC. | 362.4K | $55.5M | +12.9K (+3.7%) | Added |
| 11 | JPMORGAN CHASE & CO | 338.5K | $51.9M | -2.4K (-0.7%) | Trimmed |
| 12 | SG Capital Management LLC | 303.3K | $46.4M | — | New |
| 13 | UBS Group AG | 289.8K | $44.3M | -140.1K (-32.6%) | Trimmed |
| 14 | NEW SOUTH CAPITAL MANAGEMENT INC | 248.8K | $38.1M | -19.3K (-7.2%) | Trimmed |
| 15 | Bank of New York Mellon Corp | 232.7K | $35.6M | +1.1K (+0.5%) | Added |
| 16 | VANGUARD FIDUCIARY TRUST CO | 213.7K | $32.7M | — | New |
| 17 | Capital World Investors | 211.2K | $32.3M | +115.4K (+120.5%) | Added |
| 18 | UBS AM, a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC | 125.6K | $19.2M | +1.4K (+1.2%) | Added |
| 19 | NEW YORK STATE COMMON RETIREMENT FUND | 120.5K | $18.4M | -740 (-0.6%) | Trimmed |
| 20 | PRIMECAP MANAGEMENT CO/CA/ | 116.8K | $17.9M | -97.8K (-45.6%) | Trimmed |
Source: SEC Form 13F-HR. Positions aggregated across sub-managers within each firm. Options (puts/calls) excluded — common stock only.
Top questions investors are asking
Coming once WEX's latest filing finishes processing.