KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Gross Margin (2016 - 2026)

Wex has reported Gross Margin over the past 18 years, most recently at 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 was 58.43% for Q1 2026 at Wex, down from 115.59% in the prior quarter.
  • Over five years, Gross Margin peaked at 120.82% in Q4 2024 and troughed at 58.43% in Q1 2026.
  • The 5-year median for Gross Margin is 75.91% (2023), against an average of 79.54%.
  • Biggest five-year swings in Gross Margin: tumbled -2621bps in 2023 and later soared 5940bps in 2024.
  • Tracing WEX's Gross Margin over 5 years: 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.
  • According to Business Quant data, Gross Margin over the past three periods came in at 58.43%, 115.59%, and 76.42% for Q1 2026, Q4 2025, and Q3 2025 respectively.