Wex (WEX) Gross Profit (2009 - 2026)
Wex (WEX) reported Gross Profit of $463.8 million for Q2 2026, up 19.9% from $386.9 million a year earlier and up 17.8% from the prior quarter.
Wex (WEX) Gross Profit (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Wex's Gross Profit came in at $1.66 billion, up 7.5% year-over-year; for FY2025, it was $1.56 billion, down 1.9% from FY2024.
- Gross Profit has a five-year compound annual growth rate of 12.0% (FY2020 to FY2025).
- By year, Gross Profit came in at $1.59 billion in FY2024 (+1.0%), $1.57 billion in FY2023 (+10.9%), $1.42 billion in FY2022 (+23.7%) and $1.15 billion in FY2021 (+29.5%).
- The Q2 2026 figure ranks as the highest quarterly Gross Profit in data going back to Q2 2009.
- Year over year, Gross Profit has now increased in each of the last four quarters, with growth averaging 1.6% over the last eight quarters.
- The high point for year-over-year Gross Profit in five years was Q3 2021 (growth of 34.4%); the low point was Q4 2024 (a decline of 7.0%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $393.7 million (Q1 2026), $389.3 million (Q4 2025) and $417.5 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | Wex | 6.07 Bn | -15.62 Bn | 463.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 463.80 Mn |
| Mar 31, 2026 | 393.70 Mn |
| Dec 31, 2025 | 389.30 Mn |
| Sep 30, 2025 | 417.50 Mn |
| Jun 30, 2025 | 386.90 Mn |
| Mar 31, 2025 | 366.60 Mn |
| Dec 31, 2024 | 378.90 Mn |
| Sep 30, 2024 | 416.30 Mn |
| Jun 30, 2024 | 409.70 Mn |
| Mar 31, 2024 | 385.50 Mn |
| Dec 31, 2023 | 407.40 Mn |
| Sep 30, 2023 | 416.30 Mn |
| Jun 30, 2023 | 386.30 Mn |
| Mar 31, 2023 | 364.70 Mn |
| Dec 31, 2022 | 366.70 Mn |
| Sep 30, 2022 | 364.00 Mn |
| Jun 30, 2022 | 373.90 Mn |
| Mar 31, 2022 | 315.30 Mn |
| Dec 31, 2021 | 304.76 Mn |
| Sep 30, 2021 | 302.83 Mn |
Wex Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();