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% on a YoY basis from $230.0 million in Q2 2025, and up 67.12% quarter-over-quarter from -$368.3 million in Q1 2026.
Analysis
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.
- For the quarter ending Q2 2026, Free Cash Flow fell 152.65% year-over-year to -$121.1 million; the trailing twelve-month figure through Jun 2026 stood at $108.5 million (down 61.77% YoY), and the FY2025 full-year result was $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.
- Across five years, Free Cash Flow topped out at $720.0 million in Q4 2023 and bottomed at -$514.2 million in Q1 2025.
- Historically, Free Cash Flow has averaged $82.7 million across 5 years, with a median of $3.3 million in 2023.
- The sharpest annual moves came in 2024 and 2025: Free Cash Flow tumbled 5251.43% in 2024, then soared 1177.6% in 2025.
- Over 5 years, Free Cash Flow stood at $535.4 million in 2022, then jumped by 34.48% to $720.0 million in 2023, then retreated by 16.71% to $599.7 million in 2024, then tumbled by 57.26% to $256.3 million in 2025, then slumped 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 Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.10 Bn | 41.67 Bn | 3.17 Bn | -7.56 Bn |
| 2 | PayPal Holdings | 46.76 Bn | 35.50 Bn | - | 1.78 Bn |
| 3 | Fiserv | 27.25 Bn | 26.62 Bn | 3.59 Bn | 985.00 Mn |
| 4 | Corpay | 26.89 Bn | 19.88 Bn | 1.19 Bn | 1.42 Bn |
| 5 | Global Payments | 24.36 Bn | 18.95 Bn | 2.03 Bn | 426.96 Mn |
| 6 | Wex | 6.47 Bn | 372.03 Mn | 463.80 Mn | -121.10 Mn |
| 7 | Aci Worldwide | 5.20 Bn | 5.03 Bn | 181.57 Mn | 63.93 Mn |
| 8 | Paymentus Holdings | 4.43 Bn | 4.06 Bn | 94.31 Mn | 39.16 Mn |
| 9 | dLocal | 4.37 Bn | 3.50 Bn | 127.15 Mn | 140.76 Mn |
| 10 | Sezzle | 4.02 Bn | 3.94 Bn | - | 51.42 Mn |
Historic Data
Download Data
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 |