KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Gross Margin (2016 - 2025)

Wex (WEX) has disclosed Gross Margin for 16 consecutive years, with 80.03% as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Gross Margin fell 6225.0% year-over-year to 80.03%, compared with a TTM value of 75.0% through Dec 2025, down 1203.0%, and an annual FY2025 reading of 75.0%, down 1202.0% over the prior year.
  • Gross Margin was 80.03% for Q4 2025 at Wex, up from 76.42% in the prior quarter.
  • Across five years, Gross Margin topped out at 159.3% in Q4 2022 and bottomed at 57.59% in Q1 2025.
  • Average Gross Margin over 5 years is 85.29%, with a median of 76.34% recorded in 2025.
  • The sharpest move saw Gross Margin surged 14801bps in 2021, then tumbled -6225bps in 2025.
  • Year by year, Gross Margin stood at 126.44% in 2021, then rose by 26bps to 159.3% in 2022, then dropped by -25bps to 118.68% in 2023, then rose by 20bps to 142.28% in 2024, then crashed by -44bps to 80.03% in 2025.
  • Business Quant data shows Gross Margin for WEX at 80.03% in Q4 2025, 76.42% in Q3 2025, and 85.19% in Q2 2025.