Wex (WEX) Gross Profit (2009 - 2026)
Wex (WEX) posted Gross Profit of $393.7 million for Q1 2026, down 49.38% quarter-over-quarter from $777.8 million in Q4 2025, and down 16.07% year-on-year from $469.1 million in Q1 2025.
Wex (WEX) Gross Profit (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Gross Profit for 18 consecutive years, with $393.7 million the latest figure, recorded in Q1 2026.
- Gross Profit for Q1 2026 came in at $393.7 million, down 16.07% year-over-year; the trailing twelve-month figure through Mar 2026 was $2.1 billion (down 3.56% YoY), and the FY2025 annual result was $2.3 billion, up 14.82% from the prior year.
- Gross Profit was $393.7 million for Q1 2026 at Wex, down from $777.8 million in the prior quarter.
- Over five years, Gross Profit peaked at $777.8 million in Q4 2025 and troughed at $385.0 million in Q1 2022.
- Average Gross Profit over 5 years is $507.6 million, with a median of $483.6 million recorded in 2024.
- The widest YoY moves for Gross Profit: up 88.76% in 2024, down 26.79% in 2024.
- Over 5 years, Gross Profit stood at $542.1 million in 2022, then slipped by 24.85% to $407.4 million in 2023, then surged by 88.76% to $769.0 million in 2024, then increased by 1.14% to $777.8 million in 2025, then plunged by 49.38% to $393.7 million in 2026.
- Per Business Quant data, the three most recent Gross Profit figures were $393.7 million in Q1 2026, $777.8 million in Q4 2025, and $528.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn |
| 10 | Wex | 4.92 Bn | -486.44 Mn | 393.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 393.70 Mn |
| Mar 31, 2026 | 393.70 Mn |
| Dec 31, 2025 | 777.80 Mn |
| Dec 31, 2025 | 777.80 Mn |
| Sep 30, 2025 | 528.70 Mn |
| Sep 30, 2025 | 528.70 Mn |
| Jun 30, 2025 | 386.90 Mn |
| Jun 30, 2025 | 386.90 Mn |
| Mar 31, 2025 | 469.10 Mn |
| Mar 31, 2025 | 469.10 Mn |
| Dec 31, 2024 | 769.00 Mn |
| Dec 31, 2024 | 769.00 Mn |
| Sep 30, 2024 | 416.30 Mn |
| Sep 30, 2024 | 416.30 Mn |
| Jun 30, 2024 | 509.70 Mn |
| Jun 30, 2024 | 509.70 Mn |
| Mar 31, 2024 | 483.60 Mn |
| Mar 31, 2024 | 483.60 Mn |
| Dec 31, 2023 | 407.40 Mn |
| Dec 31, 2023 | 407.40 Mn |