Wex (WEX) EBITDA Margin (2009 - 2026)

Wex (WEX) posted EBITDA Margin of 24.8% for Q1 2026, down 40.1% quarter-over-quarter from 41.4% in Q4 2025, and down 225.0% year-on-year from 19.84% in Q1 2025.

Wex (WEX) EBITDA Margin (2009 - 2026) Analysis & Trends

Wex (WEX) has reported EBITDA Margin for 18 consecutive years, with 24.8% the latest figure, recorded in Q1 2026.

  • EBITDA Margin for Q1 2026 came in at 24.8%, down 225.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 30.31% (down 20.0% YoY), and the FY2025 annual result was 30.18%, down 48.0% from the prior year.
  • EBITDA Margin was 24.8% for Q1 2026 at Wex, down from 41.4% in the prior quarter.
  • Over five years, EBITDA Margin peaked at 41.4% in Q4 2025 and troughed at 3.46% in Q3 2022.
  • Average EBITDA Margin over 5 years is 26.64%, with a median of 26.13% recorded in 2024.
  • Year-over-year, EBITDA Margin tumbled 1743 bps in 2022 and jumped 2339 bps in 2023.
  • Over 5 years, EBITDA Margin stood at 25.07% in 2022, then declined by 5 bps to 23.9% in 2023, then surged by 57 bps to 37.45% in 2024, then increased by 11 bps to 41.4% in 2025, then tumbled by 40 bps to 24.8% in 2026.
  • Per Business Quant data, the three most recent EBITDA Margin figures were 24.8% in Q1 2026, 41.4% in Q4 2025, and 28.9% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBITDA Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 46.33%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 31.97%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 46.18%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 15.30%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 1.06%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 31.36%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -9.69%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 8.43%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -2.84%
10 Wex 4.92 Bn -486.44 Mn 393.70 Mn 24.80%

Historic Data

Download Data
DateValue
Mar 31, 2026 24.80%
Dec 31, 2025 41.40%
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 26.13%
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%
Jun 30, 2021 17.91%