KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Gross Margin (2016 - 2026)

Wex filings provide 18 years of Gross Margin readings, the most recent being 58.43% for Q1 2026.

  • Quarterly Gross Margin fell 1526.0% to 58.43% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 77.35% through Mar 2026, down 549.0% year-over-year, with the annual reading at 85.46% for FY2025, 1010.0% up from the prior year.
  • Gross Margin hit 58.43% in Q1 2026 for Wex, down from 115.59% in the prior quarter.
  • Across five years, Gross Margin topped out at 120.82% in Q4 2024 and bottomed at 58.43% in Q1 2026.
  • Average Gross Margin over 5 years is 79.54%, with a median of 75.91% recorded in 2023.
  • The largest annual shift saw Gross Margin tumbled -2621bps in 2023 before it soared 5940bps in 2024.
  • Wex's Gross Margin stood at 87.63% in 2022, then fell by -30bps to 61.42% in 2023, then soared by 97bps to 120.82% in 2024, then dropped by -4bps to 115.59% in 2025, then crashed by -49bps to 58.43% in 2026.
  • Per Business Quant, the three most recent readings for WEX's Gross Margin are 58.43% (Q1 2026), 115.59% (Q4 2025), and 76.42% (Q3 2025).