Wex (WEX) EBT Margin (2009 - 2026)
Wex (WEX) reported EBT Margin of 16.1% for Q1 2026, up 33.0% on a YoY basis from 12.11% in Q1 2025, and down 1.5% quarter-over-quarter from 16.35% in Q4 2025.
Wex (WEX) EBT Margin (2009 - 2026) Analysis & Trends
Wex has reported EBT Margin for 18 years, with the latest figure at 16.1% in Q1 2026.
- For the quarter ending Q1 2026, EBT Margin rose 33.0% year-over-year to 16.1%; the trailing twelve-month figure through Mar 2026 stood at 15.87% (down 52.0% YoY), and the FY2025 full-year result was 15.79%, down 11.0% from the prior year.
- EBT Margin for Q1 2026 stood at 16.1%, down from 16.35% in the prior quarter.
- The five-year high for EBT Margin was 25.28% in Q1 2022, with the low at 7.03% in Q3 2022.
- Historically, EBT Margin has averaged 14.54% across 5 years, with a median of 16.05% in 2023.
- The largest YoY upside for EBT Margin was 2003 bps in 2022 against a maximum downside of 2178 bps in 2022.
- Wex's EBT Margin stood at 20.11% in 2022, then dropped by 19 bps to 16.34% in 2023, then retreated by 23 bps to 12.66% in 2024, then grew by 29 bps to 16.35% in 2025, then fell by 1 bps to 16.1% in 2026.
- The last three EBT Margin figures came in at 16.1% (Q1 2026), 16.35% (Q4 2025), and 16.83% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 47.46% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 6.63% |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 25.69% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 54.43% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 21.16% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 4.43% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 35.50% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 3.28% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -3.35% |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | 16.10% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 16.10% |
| Dec 31, 2025 | 16.35% |
| Sep 30, 2025 | 16.83% |
| Jun 30, 2025 | 14.16% |
| Mar 31, 2025 | 15.77% |
| Dec 31, 2024 | 12.66% |
| Sep 30, 2024 | 21.20% |
| Jun 30, 2024 | 15.75% |
| Mar 31, 2024 | 13.79% |
| Dec 31, 2023 | 16.34% |
| Sep 30, 2023 | 6.82% |
| Jun 30, 2023 | 18.96% |
| Mar 31, 2023 | 16.05% |
| Dec 31, 2022 | 20.11% |
| Sep 30, 2022 | -7.03% |
| Jun 30, 2022 | 8.12% |
| Mar 31, 2022 | 25.28% |
| Dec 31, 2021 | 20.44% |
| Sep 30, 2021 | 14.75% |
| Jun 30, 2021 | 2.06% |