Wex (WEX) Gross Margin (2009 - 2026)

Wex (WEX) has reported Gross Margin for 18 consecutive years, with 61.55% the latest figure, recorded in Q2 2026.

• Quarterly Gross Margin rose 290.0% year-over-year to 61.55% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 59.61% (changed 0.0% YoY) and the FY2025 annual result came in at 58.64%, down 187.0% from the prior year.
• Gross Margin climbed to 61.55% in Q2 2026 per WEX's latest filing, from 58.43% in the prior quarter.
• Over the last five years, Gross Margin for WEX reached as high as 63.91% in Q3 2023 and fell as low as 57.59% in Q1 2025.
• A 5-year average of 60.29% and a median of 59.97% in 2023 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2022 — Gross Margin plunged 365 bps — and 2023, when it jumped 483 bps.
• Year by year, Gross Margin stood at 59.28% in 2022, then rose by 4 bps to 61.42% in 2023, then decreased by 3 bps to 59.53% in 2024, then dropped by 3 bps to 57.85% in 2025, then increased by 6 bps to 61.55% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 61.55%, 58.43%, and 57.85% for Q2 2026, Q1 2026, and Q4 2025 respectively.