Wex (WEX) Free Cash Flow (2009 - 2026)

Wex (WEX) posted quarterly Free Cash Flow of -$121.1 million for Q2 2026, down 152.65% year-on-year 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 reported Free Cash Flow for 18 consecutive years, with -$121.1 million the latest figure, recorded 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 advanced to -$121.1 million in Q2 2026 per WEX's latest filing, from -$368.3 million in the prior quarter.
  • Over the last five years, Free Cash Flow for WEX reached as high as $720.0 million in Q4 2023 and fell as low as -$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 sank 5251.43% — and 2025, when it soared 1177.6%.
  • Year by year, Free Cash Flow stood at $535.4 million in 2022, then surged by 34.48% to $720.0 million in 2023, then decreased by 16.71% to $599.7 million in 2024, then slumped by 57.26% to $256.3 million in 2025, then sank by 147.25% to -$121.1 million in 2026.
  • According to Business Quant data, Free Cash Flow over the past three periods registered -$121.1 million, -$368.3 million, and $256.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Free Cash Flow (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 45.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 223.25 Mn
3 Oracle 344.13 Bn 312.24 Bn - -1.87 Bn
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 891.76 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 384.00 Mn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 628.76 Mn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 1.02 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 164.72 Mn
10 Wex 6.38 Bn 274.53 Mn 463.80 Mn -121.10 Mn

Historic Data

Download Data
DateValue
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