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
DateValue
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