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
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