Wex (WEX) FCF Margin (2009 - 2026)
Wex (WEX) reported FCF Margin of 54.66% for Q1 2026, up 2611.0% on a YoY basis from 2.02% in Q1 2025, and down 243.51% quarter-over-quarter from 38.09% in Q4 2025.
Wex (WEX) FCF Margin (2009 - 2026) Analysis & Trends
Wex has reported FCF Margin for 18 years, with the latest figure at 54.66% in Q1 2026.
- For the quarter ending Q1 2026, FCF Margin rose 2611.0% year-over-year to 54.66%; the trailing twelve-month figure through Mar 2026 stood at 17.03% (up 1137.0% YoY), and the FY2025 full-year result was 11.79%, down 628.0% from the prior year.
- FCF Margin for Q1 2026 stood at 54.66%, down from 38.09% in the prior quarter.
- The five-year high for FCF Margin was 116.34% in Q4 2024, with the low at 80.77% in Q1 2025.
- Historically, FCF Margin has averaged 16.52% across 5 years, with a median of 1.55% in 2023.
- Annual changes were most pronounced in 2022 — FCF Margin surged 9889 bps — and 2025, when it sank 7825 bps.
- Wex's FCF Margin stood at 92.48% in 2022, then gained by 17 bps to 108.55% in 2023, then grew by 7 bps to 116.34% in 2024, then plunged by 67 bps to 38.09% in 2025, then plunged by 244 bps to 54.66% in 2026.
- The last three FCF Margin figures came in at 54.66% (Q1 2026), 38.09% (Q4 2025), and 49.38% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 19.07% |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 55.23% |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 54.62% |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 14.80% |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 30.29% |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 55.21% |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 34.10% |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 14.55% |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | -54.66% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -54.66% |
| Dec 31, 2025 | 38.09% |
| Sep 30, 2025 | 49.38% |
| Jun 30, 2025 | 34.87% |
| Mar 31, 2025 | -80.77% |
| Dec 31, 2024 | 116.34% |
| Sep 30, 2024 | -4.76% |
| Jun 30, 2024 | -6.92% |
| Mar 31, 2024 | -28.70% |
| Dec 31, 2023 | 108.55% |
| Sep 30, 2023 | 1.55% |
| Jun 30, 2023 | 6.07% |
| Mar 31, 2023 | -0.57% |
| Dec 31, 2022 | 92.48% |
| Sep 30, 2022 | 75.67% |
| Jun 30, 2022 | -32.65% |
| Mar 31, 2022 | -33.18% |
| Dec 31, 2021 | -6.41% |
| Sep 30, 2021 | 22.40% |
| Jun 30, 2021 | 24.29% |