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.

• For the quarter ending Q2 2026, Gross Margin rose 290.0% year-over-year to 61.55%; the trailing twelve-month figure through Jun 2026 stood at 59.61% (changed 0.0% YoY), and the FY2025 full-year result was 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.
• Across five years, Gross Margin topped out at 63.91% in Q3 2023 and bottomed at 57.59% in Q1 2025.
• Historically, Gross Margin has averaged 60.29% across 5 years, with a median of 59.97% in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 365 bps in 2022, then jumped 483 bps in 2023.
• Over 5 years, Gross Margin stood at 59.28% in 2022, then increased by 4 bps to 61.42% in 2023, then retreated by 3 bps to 59.53% in 2024, then slipped by 3 bps to 57.85% in 2025, then grew 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.