Wex (WEX) EBITDA Margin (2009 - 2026)
Wex's (WEX) quarterly EBITDA Margin came in at 26.97% in Q2 2026, up 320.0% YoY from 6.42% in Q2 2025, and up 14.86% on a QoQ basis from 23.48% in Q1 2026.
Wex (WEX) EBITDA Margin (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of EBITDA Margin data on file, last reported at 26.97% in Q2 2026.
- Quarterly EBITDA Margin rose 320.0% year-over-year to 26.97% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 25.48% (down 23.0% YoY) and the FY2025 annual result came in at 24.95%, down 116.0% from the prior year.
- EBITDA Margin rose to 26.97% in Q2 2026, from 23.48% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 29.51% in Q3 2024 to a low of 3.46% in Q3 2022.
- A 5-year average of 24.27% and a median of 25.02% in 2022 frame the typical range for EBITDA Margin.
- Annual changes were most pronounced in 2022 — EBITDA Margin sank 1743 bps — and 2023, when it surged 2339 bps.
- Tracing WEX's EBITDA Margin over 5 years: stood at 25.07% in 2022, then decreased by 5 bps to 23.9% in 2023, then increased by 3 bps to 24.71% in 2024, then increased by 0 bps to 24.71% in 2025, then increased by 9 bps to 26.97% in 2026.
- The last three EBITDA Margin figures came in at 26.97% (Q2 2026), 23.48% (Q1 2026), and 24.71% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 45.11% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 47.12% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 31.97% |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -6.10% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 33.66% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -29.55% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 8.43% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -1.90% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 6.75% |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | 26.97% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 26.97% |
| Mar 31, 2026 | 23.48% |
| Dec 31, 2025 | 24.71% |
| Sep 30, 2025 | 26.54% |
| Jun 30, 2025 | 23.77% |
| Mar 31, 2025 | 24.71% |
| Dec 31, 2024 | 24.71% |
| Sep 30, 2024 | 29.51% |
| Jun 30, 2024 | 24.96% |
| Mar 31, 2024 | 25.20% |
| Dec 31, 2023 | 23.90% |
| Sep 30, 2023 | 26.85% |
| Jun 30, 2023 | 25.66% |
| Mar 31, 2023 | 25.21% |
| Dec 31, 2022 | 25.07% |
| Sep 30, 2022 | 3.46% |
| Jun 30, 2022 | 28.60% |
| Mar 31, 2022 | 23.63% |
| Dec 31, 2021 | 21.78% |
| Sep 30, 2021 | 20.88% |