Wex (WEX) Free Cash Flow (2009 - 2026)
Wex (WEX) reported Free Cash Flow of -$368.3 million for Q1 2026, up 28.37% on a YoY basis from -$286.9 million in Q1 2025, and down 243.7% quarter-over-quarter from $256.3 million in Q4 2025.
Wex (WEX) Free Cash Flow (2009 - 2026) Analysis & Trends
Wex has reported Free Cash Flow for 18 years, with the latest figure at -$368.3 million in Q1 2026.
- For the quarter ending Q1 2026, Free Cash Flow rose 28.37% year-over-year to -$368.3 million; the trailing twelve-month figure through Mar 2026 stood at $459.6 million (up 210.54% YoY), and the FY2025 full-year result was $313.7 million, down 33.94% from the prior year.
- Free Cash Flow for Q1 2026 stood at -$368.3 million, down from $256.3 million in the prior quarter.
- The five-year high for Free Cash Flow was $740.5 million in Q4 2024, with the low at -$514.2 million in Q1 2025.
- Historically, Free Cash Flow has averaged $109.2 million across 5 years, with a median of $10.1 million in 2023.
- Annual changes were most pronounced in 2022 — Free Cash Flow surged 1893.75% — and 2024, when it slumped 5251.43%.
- Wex's Free Cash Flow stood at $572.1 million in 2022, then gained by 25.85% to $720.0 million in 2023, then advanced by 2.85% to $740.5 million in 2024, then slumped by 65.39% to $256.3 million in 2025, then sank by 243.7% to -$368.3 million in 2026.
- The last three Free Cash Flow figures came in at -$368.3 million (Q1 2026), $256.3 million (Q4 2025), and $341.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 15.80 Bn |
| 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 | 9.49 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 891.76 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 384.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 395.40 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 1.02 Bn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 821.51 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 93.10 Mn |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | -368.30 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 740.50 Mn |
| Dec 31, 2024 | 740.50 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 |
| Dec 31, 2023 | 720.00 Mn |
| Dec 31, 2023 | 720.00 Mn |