Wex (WEX) Gross Profit (2009 - 2026)
Wex's (WEX) quarterly Gross Profit came in at $463.8 million in Q2 2026, up 19.88% YoY from $386.9 million in Q2 2025, and up 17.81% on a QoQ basis from $393.7 million in Q1 2026.
Wex (WEX) Gross Profit (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of Gross Profit data on file, last reported at $463.8 million in Q2 2026.
- Quarterly Gross Profit rose 19.88% year-over-year to $463.8 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.7 billion (up 7.46% YoY) and the FY2025 annual result came in at $1.6 billion, down 1.89% from the prior year.
- Gross Profit rose to $463.8 million in Q2 2026, from $393.7 million in the prior quarter.
- In the past five years, Gross Profit ranged from a high of $463.8 million in Q2 2026 to a low of $315.3 million in Q1 2022.
- A 5-year average of $389.0 million and a median of $386.6 million in 2023 frame the typical range for Gross Profit.
- Annual changes were most pronounced in 2022 — Gross Profit climbed 29.9% — and 2024, when it slipped 7.0%.
- Tracing WEX's Gross Profit over 5 years: stood at $366.7 million in 2022, then grew by 11.1% to $407.4 million in 2023, then retreated by 7.0% to $378.9 million in 2024, then increased by 2.74% to $389.3 million in 2025, then grew by 19.14% to $463.8 million in 2026.
- The last three Gross Profit figures came in at $463.8 million (Q2 2026), $393.7 million (Q1 2026), and $389.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 463.80 Mn |
| Jun 30, 2026 | 463.80 Mn |
| Mar 31, 2026 | 393.70 Mn |
| Mar 31, 2026 | 393.70 Mn |
| Dec 31, 2025 | 389.30 Mn |
| Dec 31, 2025 | 389.30 Mn |
| Sep 30, 2025 | 417.50 Mn |
| Sep 30, 2025 | 417.50 Mn |
| Jun 30, 2025 | 386.90 Mn |
| Jun 30, 2025 | 386.90 Mn |
| Mar 31, 2025 | 366.60 Mn |
| Mar 31, 2025 | 366.60 Mn |
| Dec 31, 2024 | 378.90 Mn |
| Dec 31, 2024 | 378.90 Mn |
| Sep 30, 2024 | 416.30 Mn |
| Sep 30, 2024 | 416.30 Mn |
| Jun 30, 2024 | 409.70 Mn |
| Jun 30, 2024 | 409.70 Mn |
| Mar 31, 2024 | 385.50 Mn |
| Mar 31, 2024 | 385.50 Mn |