Wex (WEX) EBITDA Margin (2009 - 2026)
Wex's (WEX) quarterly EBITDA Margin came in at 29.16% in Q2 2026, up 305.0% on a YoY basis from 7.2% in Q2 2025, and up 13.1% quarter-over-quarter from 25.78% in Q1 2026.
Analysis
Wex (WEX) EBITDA Margin (2009 - 2026) Analysis & Trends
Wex (WEX) has reported EBITDA Margin for 18 consecutive years, with 29.16% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, EBITDA Margin rose 305.0% year-over-year to 29.16%; the trailing twelve-month figure through Jun 2026 stood at 30.53% (changed 0.0% YoY), and the FY2025 full-year result was 30.18%, down 48.0% from the prior year.
- EBITDA Margin advanced to 29.16% in Q2 2026 per WEX's latest filing, from 25.78% in the prior quarter.
- Across five years, EBITDA Margin topped out at 38.49% in Q4 2025 and bottomed at 3.46% in Q3 2022.
- Historically, EBITDA Margin has averaged 26.71% across 5 years, with a median of 26.84% in 2023.
- The sharpest annual moves came in 2022 and 2023: EBITDA Margin slumped 1743 bps in 2022, then soared 2339 bps in 2023.
- Over 5 years, EBITDA Margin stood at 25.07% in 2022, then dropped by 5 bps to 23.9% in 2023, then jumped by 57 bps to 37.45% in 2024, then increased by 3 bps to 38.49% in 2025, then dropped by 24 bps to 29.16% in 2026.
- According to Business Quant data, EBITDA Margin over the past three periods registered 29.16%, 25.78%, and 38.49% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.08 Bn | 41.65 Bn | 3.17 Bn | 6.75% |
| 2 | PayPal Holdings | 46.69 Bn | 35.43 Bn | - | 16.44% |
| 3 | Fiserv | 26.99 Bn | 26.37 Bn | 3.59 Bn | 19.18% |
| 4 | Corpay | 26.78 Bn | 19.78 Bn | 1.19 Bn | 38.02% |
| 5 | Global Payments | 24.15 Bn | 18.74 Bn | 2.03 Bn | 10.15% |
| 6 | Wex | 6.49 Bn | 383.66 Mn | 463.80 Mn | 29.16% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 11.21% |
| 8 | Paymentus Holdings | 4.47 Bn | 4.09 Bn | 94.31 Mn | 9.04% |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | 16.05% |
| 10 | Sezzle | 4.01 Bn | 3.93 Bn | - | 36.71% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 29.16% |
| Mar 31, 2026 | 25.78% |
| Dec 31, 2025 | 38.49% |
| Sep 30, 2025 | 28.90% |
| Jun 30, 2025 | 26.11% |
| Mar 31, 2025 | 27.05% |
| Dec 31, 2024 | 37.45% |
| Sep 30, 2024 | 31.60% |
| Jun 30, 2024 | 26.83% |
| Mar 31, 2024 | 27.04% |
| 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% |