Wex (WEX) Free Cash Flow (2009 - 2026)
Wex's (WEX) quarterly Free Cash Flow came in at -$121.1 million in Q2 2026, down 152.65% YoY from $230.0 million in Q2 2025, and up 67.12% on a QoQ basis from -$368.3 million in Q1 2026.
Wex (WEX) Free Cash Flow (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of Free Cash Flow data on file, last reported at -$121.1 million in Q2 2026.
- Quarterly Free Cash Flow fell 152.65% year-over-year to -$121.1 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $108.5 million (down 61.77% YoY) and the FY2025 annual result came in at $313.7 million, down 6.11% from the prior year.
- Free Cash Flow improved to -$121.1 million in Q2 2026, from -$368.3 million in the prior quarter.
- In the past five years, Free Cash Flow ranged from a high of $720.0 million in Q4 2023 to a low of -$514.2 million in Q1 2025.
- A 5-year average of $82.7 million and a median of $3.3 million in 2023 frame the typical range for Free Cash Flow.
- Annual changes were most pronounced in 2024 — Free Cash Flow slumped 5251.43% — and 2025, when it surged 1177.6%.
- Tracing WEX's Free Cash Flow over 5 years: stood at $535.4 million in 2022, then surged by 34.48% to $720.0 million in 2023, then declined by 16.71% to $599.7 million in 2024, then sank by 57.26% to $256.3 million in 2025, then plunged by 147.25% to -$121.1 million in 2026.
- The last three Free Cash Flow figures came in at -$121.1 million (Q2 2026), -$368.3 million (Q1 2026), and $256.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 19.64 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 1.20 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -1.87 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 788.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 965.60 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 67.60 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 775.42 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -5.74 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | -7.56 Bn |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | -121.10 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -121.10 Mn |
| Jun 30, 2026 | -121.10 Mn |
| Mar 31, 2026 | -368.30 Mn |
| Mar 31, 2026 | -368.30 Mn |
| Dec 31, 2025 | 256.30 Mn |
| Dec 31, 2025 | 256.30 Mn |
| Sep 30, 2025 | 341.60 Mn |
| Sep 30, 2025 | 341.60 Mn |
| Jun 30, 2025 | 230.00 Mn |
| Jun 30, 2025 | 230.00 Mn |
| Mar 31, 2025 | -514.20 Mn |
| Mar 31, 2025 | -514.20 Mn |
| Dec 31, 2024 | 599.70 Mn |
| Dec 31, 2024 | 599.70 Mn |
| Sep 30, 2024 | -31.70 Mn |
| Sep 30, 2024 | -31.70 Mn |
| Jun 30, 2024 | -46.60 Mn |
| Jun 30, 2024 | -46.60 Mn |
| Mar 31, 2024 | -187.30 Mn |
| Mar 31, 2024 | -187.30 Mn |