Wex (WEX) Gross Profit (2009 - 2026)
Wex (WEX) reported Gross Profit of $393.7 million for Q1 2026, down 16.07% on a YoY basis from $469.1 million in Q1 2025, and down 49.38% quarter-over-quarter from $777.8 million in Q4 2025.
Wex (WEX) Gross Profit (2009 - 2026) Analysis & Trends
Wex has reported Gross Profit for 18 years, with the latest figure at $393.7 million in Q1 2026.
- For the quarter ending Q1 2026, Gross Profit fell 16.07% year-over-year to $393.7 million; the trailing twelve-month figure through Mar 2026 stood at $2.1 billion (down 3.56% YoY), and the FY2025 full-year result was $2.3 billion, up 14.82% from the prior year.
- Gross Profit for Q1 2026 stood at $393.7 million, down from $777.8 million in the prior quarter.
- The five-year high for Gross Profit was $777.8 million in Q4 2025, with the low at $385.0 million in Q1 2022.
- Historically, Gross Profit has averaged $507.6 million across 5 years, with a median of $483.6 million in 2024.
- The largest YoY upside for Gross Profit was 88.76% in 2024 against a maximum downside of 26.79% in 2024.
- Wex's Gross Profit stood at $542.1 million in 2022, then fell by 24.85% to $407.4 million in 2023, then surged by 88.76% to $769.0 million in 2024, then advanced by 1.14% to $777.8 million in 2025, then sank by 49.38% to $393.7 million in 2026.
- The last three Gross Profit figures came in at $393.7 million (Q1 2026), $777.8 million (Q4 2025), and $528.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn |
| 10 | Wex | 4.66 Bn | -744.15 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 |