Wex (WEX) Free Cash Flow (2009 - 2026)
Wex (WEX) recorded Free Cash Flow of -$121.1 million in Q2 2026, compared with $230 million a year earlier.
Wex (WEX) Free Cash Flow (2009 - 2026) Analysis & Trends
On a TTM basis, Wex's Free Cash Flow came in at $108.5 million as of Jun 30, 2026, down 61.8% year-over-year; for FY2025, it came in at $313.7 million, down 6.1% from FY2024.
- Annual Free Cash Flow has a five-year compound annual growth rate of -13.7% (FY2020 to FY2025).
- Across earlier years, Free Cash Flow came in at $334.1 million in FY2024 (-56.3%), $764.3 million in FY2023 (+34.9%), $566.5 million in FY2022 and -$128.6 million in FY2021.
- Quarterly Free Cash Flow has ranged from -$514.2 million in Q1 2025 to $720 million in Q4 2023 over the past five years.
- Per Business Quant, the preceding three quarters came in at -$368.3 million (Q1 2026), $256.3 million (Q4 2025) and $341.6 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 197.31 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 1.78 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 966.61 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 482.24 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 1.42 Bn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 985.00 Mn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 426.96 Mn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | 28.98 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 281.76 Mn |
| 10 | Wex | 6.07 Bn | -15.62 Bn | 463.80 Mn | -121.10 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -121.10 Mn |
| Mar 31, 2026 | -368.30 Mn |
| Dec 31, 2025 | 256.30 Mn |
| Sep 30, 2025 | 341.60 Mn |
| Jun 30, 2025 | 230.00 Mn |
| Mar 31, 2025 | -514.20 Mn |
| Dec 31, 2024 | 599.70 Mn |
| Sep 30, 2024 | -31.70 Mn |
| Jun 30, 2024 | -46.60 Mn |
| Mar 31, 2024 | -187.30 Mn |
| Dec 31, 2023 | 720.00 Mn |
| Sep 30, 2023 | 10.10 Mn |
| Jun 30, 2023 | 37.70 Mn |
| Mar 31, 2023 | -3.50 Mn |
| Dec 31, 2022 | 535.40 Mn |
| Sep 30, 2022 | 398.10 Mn |
| Jun 30, 2022 | -174.10 Mn |
| Mar 31, 2022 | -192.90 Mn |
| Dec 31, 2021 | -62.76 Mn |
| Sep 30, 2021 | 93.18 Mn |
Wex Free Cash Flow API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=free-cash-flow&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "free-cash-flow", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=free-cash-flow&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();