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    W

    Wex Inc (WEX)

    Official site

    TECHNOLOGY • SOFTWARE - INFRASTRUCTURE • NYSE

    $174.69
    -0.02 (-0.01%)

    Market Cap: $5.95B

    Last updated: Oct 16, 2026 at 1:55 PM ET

    Earnings

    Performance (10Y)

    Beat Rate
    85%(33/39)
    Avg Surprise
    +2.37%
    Streak
    7 Q

    Upcoming Estimates

    Period ending Sep 30, 2026
    EPS Consensus$5.65
    Range$5.46 - $5.97
    14 analysts
    EPS Revisions
    1
    0
    7d
    1
    0
    30d
    EPS Estimate DriftChange to current
    90d ago$5.44+4.0%
    60d ago$5.61+0.8%
    30d ago$5.61+0.8%
    7d ago$5.61+0.7%
    Current$5.65
    Revenue Consensus
    $749M
    Range$738M - $792M
    13 analysts
    Period ending Dec 31, 2026
    EPS Consensus$5.30
    Range$4.97 - $5.98
    15 analysts
    Revenue Consensus
    $733M
    Range$703M - $830M
    15 analysts
    PeriodReportedEst.SurpriseB/MYoY
    Dec 26EST
    		-$5.30---
    Sep 26EST
    		-$5.65---
    Jun 26
    Reported Jul 22
    		$4.50$4.41+2.04%Beat+13.9%
    Mar 26
    Reported Apr 22
    		$4.15$4.10+1.22%Beat+18.2%
    Dec 25
    Reported Feb 4
    		$4.11$3.93+4.58%Beat+15.1%
    Sep 25
    Reported Oct 29
    		$4.59$4.45+3.15%Beat+5.5%
    Jun 25
    Reported Jul 23
    		$3.95$3.71+6.47%Beat+1.0%
    Mar 25
    Reported Apr 30
    		$3.51$3.40+3.24%Beat+1.4%
    Dec 24
    Reported Feb 5
    		$3.57$3.55+0.56%Beat-6.5%
    Sep 24
    Reported Oct 24
    		$4.35$4.41-1.36%Miss+7.4%
    Jun 24
    Reported Jul 25
    		$3.91$3.81+2.62%Beat+7.7%
    Mar 24
    Reported Apr 25
    		$3.46$3.47-0.29%Miss+4.5%
    Dec 23
    Reported Feb 8
    		$3.82$3.72+2.69%Beat+11.0%
    Sep 23
    Reported Oct 26
    		$4.05$3.77+7.43%Beat+15.4%
    Jun 23
    Reported Jul 27
    		$3.63$3.52+3.13%Beat-2.2%
    Mar 23
    Reported Apr 27
    		$3.31$3.20+3.44%Beat+14.9%
    Dec 22
    Reported Feb 9
    		$3.44$3.22+6.83%Beat+33.3%
    Sep 22
    Reported Oct 27
    		$3.51$3.42+2.63%Beat+43.3%
    Jun 22
    Reported Jul 28
    		$3.71$3.46+7.23%Beat+60.6%
    Mar 22
    Reported Apr 28
    		$2.88$2.69+7.06%Beat+60.9%
    Dec 21
    Reported Feb 10
    		$2.58$2.46+4.88%Beat+77.9%
    Sep 21
    Reported Oct 28
    		$2.45$2.28+7.46%Beat+54.1%
    Jun 21
    Reported Jul 29
    		$2.31$1.94+19.07%Beat+90.9%
    Mar 21
    Reported Apr 29
    		$1.79$1.66+7.83%Beat-1.1%
    Dec 20
    Reported Feb 24
    		$1.45$1.46-0.68%Miss-44.4%
    Sep 20
    Reported Oct 29
    		$1.59$1.72-7.56%Miss-38.6%
    Jun 20
    Reported Jul 30
    		$1.21$1.38-12.32%Miss-46.9%
    Mar 20
    Reported May 7
    		$1.81$2.06-12.14%Miss+5.2%
    Dec 19
    Reported Feb 13
    		$2.61$2.56+1.95%Beat+23.7%
    Sep 19
    Reported Oct 31
    		$2.59$2.59+0.00%Beat+18.3%
    Jun 19
    Reported Aug 1
    		$2.28$2.27+0.44%Beat+9.1%
    Mar 19
    Reported May 2
    		$1.72$1.69+1.78%Beat-5.0%
    Dec 18
    Reported Mar 20
    		$2.11$2.09+0.96%Beat+41.6%
    Sep 18
    Reported Oct 31
    		$2.19$2.12+3.30%Beat+53.1%
    Jun 18
    Reported Aug 2
    		$2.09$2.05+1.95%Beat+65.9%
    Mar 18
    Reported May 3
    		$1.81$1.73+4.62%Beat+47.2%
    Dec 17
    Reported Feb 21
    		$1.49$1.46+2.05%Beat+16.4%
    Sep 17
    Reported Nov 1
    		$1.43$1.41+1.42%Beat-
    Jun 17
    Reported Jul 27
    		$1.26$1.25+0.80%Beat-
    Mar 17
    Reported Apr 27
    		$1.23$1.21+1.65%Beat-
    Dec 16
    Reported Feb 13
    		$1.28$1.25+2.40%Beat-

    Key Metrics

    Valuation
    P/E Ratio10.07EV/EBITDA12.58x
    Price/FCF55.87xFCF Yield1.79%
    Profitability
    Profit Margin12.60%Operating Margin26.90%
    ROE30.20%ROIC5.23%
    Financial Health
    Debt/Equity3.98xInterest Coverage6.26x
    Current Ratio1.04xQuick Ratio1.04x
    Trading Statistics
    Beta0.84Avg Volume574.30K
    52-Week High$203.9952-Week Low$125.29

    Technical Indicators Dashboard

    Moving Averages

    SMA 10$172.06
    SMA 20$177.17
    SMA 50$186.96
    SMA 200$162.51
    EMA 10$173.97
    EMA 20$177.08
    EMA 50$179.35
    EMA 200$166.07

    MACD

    Line: -4.05Signal: -4.33Hist: 0.28

    ADX

    ADX: 24.2+DI: 16.3-DI: 22.0

    Aroon & PSAR

    Aroon Up16.0
    Aroon Down60.0
    PSAR$166.79

    Bollinger Bands

    Upper Band$193.37
    Lower Band$160.96
    %B Position1829%(Upper)
    Band Width0.42

    RSI (14-Day)

    Neutral
    43.6

    Momentum Oscillators

    Stoch %K33.6
    Stoch %D29.9
    Williams %R-63.4
    ROC (10d)3.6%
    Momentum5.99
    CCI (20d)-27.2
    MFI (14d)47.3

    Volatility Measures

    ATR (14d)$5.09(2.9%)
    StdDev (20d)8.10
    Hist Vol28.7%(Moderate)

    Volume Flow

    VWAP$175.00
    OBV6.3M
    AD Line7.3M
    CMF (20d)-0.313

    Volume Metrics

    Avg Vol (20d)576.1K
    Vol Ratio0.9x
    VWMA (20d)$177.52

    Pivot Points

    R3$179.01
    R2$177.58
    R1$176.14
    Pivot Point$174.71
    S1$173.27
    S2$171.84
    S3$170.40

    Advanced Oscillators

    TSI-20.54
    Ultimate Osc43.3
    KST-103.85

    Financial Data

    QuarterJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024Jun 2024Mar 2024Dec 2023Sep 2023
    Total Revenue$753.50M$673.80M$672.80M$691.80M$659.60M$636.60M$636.40M$665.50M$673.50M$652.70M$663.30M$651.40M
    Cost of Revenue$289.70M$280.10M$283.60M$274.30M$272.70M$270.00M$257.60M$249.20M$263.80M$267.20M$255.90M$235.10M
    Gross Profit$463.80M$393.70M$389.20M$417.50M$386.90M$366.60M$378.80M$416.30M$409.70M$385.50M$407.40M$416.30M
    Operating Expenses$260.70M$235.60M$222.90M$234.00M$230.00M$209.30M$221.60M$219.90M$241.60M$221.00M$248.90M$241.40M
    R&D$0$0$0$0$0$0$0$0$0$0$0$0
    SG&A$104.30M$87.30M$78.20M$92.00M$86.30M$73.70M$94.20M$92.10M$101.00M$88.50M$116.30M$116.60M
    Operating Income$203.20M$158.20M$166.20M$183.60M$156.80M$157.30M$157.30M$196.40M$168.10M$164.50M$158.50M$174.90M
    Interest Income$0$0$0$0$0$0$0$0$0$0$0$0
    Interest Expense$52.70M$49.70M$56.20M$67.20M$63.40M$56.90M$76.70M$55.30M$62.00M$74.50M$50.10M$70.10M
    Income Before Tax$150.50M$108.50M$110.00M$116.40M$93.40M$100.40M$80.60M$141.10M$106.10M$90.00M$108.40M$44.40M
    Income Tax Expense$41.90M$30.80M$25.80M$36.20M$25.20M$28.90M$16.70M$38.20M$29.10M$24.20M$23.50M$26.00M
    Net Income$108.50M$77.70M$84.20M$80.30M$68.10M$71.50M$63.90M$102.90M$77.00M$65.80M$84.90M$18.40M
    EBITDA$233.50M$190.10M$191.80M$200.20M$177.40M$181.90M$162.40M$222.60M$185.70M$168.40M$183.30M$182.00M
    EBIT$150.50M$108.50M$109.90M$116.50M$93.40M$100.40M$80.60M$141.10M$106.10M$90.00M$108.40M$114.50M
    * Some calculated fields are derived from available data when not provided by source

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    Government Contracts

    Gov Obligations (TTM)
    $9.15M
    Gov Obligations / Revenue
    0.3%
    Obligations YoY
    149.2%
    Active Awards
    16
    New Awards (TTM)
    10
    Avg Remaining Term
    8.5 mo

    Top agency: Department of Agriculture at 94.3% of trailing twelve month obligations across 3 agencies

    Recent Awards

    Award IDAgencyObligatedStart
    191BWC26F0005Department of StateInternational Boundary and Water Commission: U.S.-Mexico$191721Oct 1, 2025
    191BWC26F0007Department of StateInternational Boundary and Water Commission: U.S.-Mexico$108000Oct 1, 2025
    191BWC26F0009Department of StateInternational Boundary and Water Commission: U.S.-Mexico$82550Oct 1, 2025
    191BWC26F0010Department of StateInternational Boundary and Water Commission: U.S.-Mexico$28920Oct 1, 2025
    191BWC26F0003Department of StateInternational Boundary and Water Commission: U.S.-Mexico$25960Oct 1, 2025
    191BWC26F0002Department of StateInternational Boundary and Water Commission: U.S.-Mexico$22500Oct 1, 2025
    191BWC26F0011Department of StateInternational Boundary and Water Commission: U.S.-Mexico$10000Oct 1, 2025
    191BWC26F0031Department of StateInternational Boundary and Water Commission: U.S.-Mexico$4980Oct 1, 2025
    191BWC26F0021Department of StateInternational Boundary and Water Commission: U.S.-Mexico$4200Oct 1, 2025
    191BWC26F0008Department of StateInternational Boundary and Water Commission: U.S.-Mexico$0Oct 1, 2025

    Federal contract obligations are bookings recorded by the awarding agency, not recognized revenue. They can exceed 100% of revenue and can be negative when contracts are de-obligated. Source: USAspending.gov prime awards, data through Jul 31, 2026.

    News

    WEX Q3'26 Earnings: revenue estimate is 748.67M USD

    WEX Inc. is expected to announce its Q3'26 financial results on October 22, with an estimated revenue of $748.67 million and an EPS of $5.65. The company has consistently reported revenue and EPS surprises in previous...

    TradingView•10/15/26•Somewhat-Bullish

    WEX Inc. to Release Third Quarter 2026 Financial Results on October 28, 2026

    WEX Inc. will release its third-quarter 2026 financial results after market close on Wednesday, October 28, 2026. The company's CEO, Melissa Smith, and CFO, Jagtar Narula, will host a conference call on Thursday...

    StreetInsider•10/15/26•Neutral

    WEX Inc. to release Q3 2026 financial results on October 28

    WEX Inc. is scheduled to release its third-quarter 2026 financial results after market close on Wednesday, October 28, 2026. A conference call to discuss the results will be held on Thursday, October 29, at 10:00 am ET...

    scanx.trade•10/14/26•Neutral

    WEX Inc. to Release Third Quarter 2026 Financial Results on October 28, 2026

    WEX Inc. announced it will release its third-quarter 2026 financial results on Wednesday, October 28, 2026, after market close. Following this...

    Business Wire•10/14/26•Neutral

    WEX, Mastercard form Asia-Pacific fleet payments partnership

    WEX Inc. and Mastercard have partnered to integrate fuel, maintenance, tolling, and parking payments for vehicle fleets into a single system across Asia-Pacific. This collaboration aims to simplify reconciliation work...

    TNGlobal•10/12/26•Bullish

    WEX Valuation and Fair Value

    P/E
    10.1x
    Forward P/E
    8.6x
    EV/EBITDA
    12.6x
    P/FCF
    55.9x
    PEG
    1.0x
    P/B
    4.5x
    See GNG's fair value

    WEX Profitability: Margins, ROIC and FCF

    Gross margin
    59.6%
    Operating margin
    26.9%
    Net margin
    12.6%
    ROIC
    5.2%
    ROE
    30.2%
    FCF margin
    3.9%
    FCF yield
    1.8%

    WEX Competitors

    CompanyTicker
    EPAM Systems IncEPAM
    GDS Holdings LtdGDS
    Sensata Technologies Holding NVST
    Genpact LimitedG
    Allegro Microsystems IncALGM
    OneStream, Inc.OS
    Open Text CorpOTEX
    Mobility Global Inc.MBGL

    Sector: Technology

    WEX Analyst Ratings

    Consensus
    Hold
    Analysts
    15
    Strong Buy
    1
    Buy
    4
    Hold
    10
    Sell
    0
    Strong Sell
    0

    WEX Bull Case vs Bear Case

    Bull case

    • WEX beat EPS estimates in 87.5% of its last 8 reported quarters.
    • WEX grew quarterly revenue 14.2% year over year.

    Bear case

    • WEX has a debt-to-equity ratio of 4.0x.

    WEX Earnings: Beat Rate and Next Report

    Beat rate
    7 of 8 quarters (87.5%)
    Average surprise
    2.5%
    EPS estimate (fiscal period ending Sep 30, 2026)
    $5.65
    Estimate revisions (30 days, fiscal period ending Sep 30, 2026)
    1 up, 0 down

    Frequently Asked Questions About WEX

    Does WEX pay dividends?

    Wex Inc (WEX) does not currently pay a regular dividend.

    What is WEX's P/E ratio?

    Wex Inc has a price-to-earnings (P/E) ratio of 10.07.

    What is WEX's market cap?

    Wex Inc (WEX) has a market capitalization of $5.95B with a current stock price of $174.69.

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