Wex (WEX) Net Income (2009 - 2026)
Wex (WEX) reported Net Income of $77.7 million for Q1 2026, up 8.67% on a YoY basis from $71.5 million in Q1 2025, and down 7.72% quarter-over-quarter from $84.2 million in Q4 2025.
Wex (WEX) Net Income (2009 - 2026) Analysis & Trends
Wex has reported Net Income for 18 years, with the latest figure at $77.7 million in Q1 2026.
- For the quarter ending Q1 2026, Net Income rose 8.67% year-over-year to $77.7 million; the trailing twelve-month figure through Mar 2026 stood at $310.3 million (down 1.62% YoY), and the FY2025 full-year result was $304.1 million, down 1.78% from the prior year.
- Net Income for Q1 2026 stood at $77.7 million, down from $84.2 million in the prior quarter.
- The five-year high for Net Income was $102.9 million in Q3 2024, with the low at -$44.1 million in Q3 2022.
- Historically, Net Income has averaged $66.2 million across 5 years, with a median of $77.0 million in 2024.
- Annual changes were most pronounced in 2022 — Net Income plunged 185.02% — and 2024, when it soared 459.24%.
- Wex's Net Income stood at $88.6 million in 2022, then dropped by 4.18% to $84.9 million in 2023, then decreased by 24.62% to $64.0 million in 2024, then soared by 31.56% to $84.2 million in 2025, then slipped by 7.72% to $77.7 million in 2026.
- The last three Net Income figures came in at $77.7 million (Q1 2026), $84.2 million (Q4 2025), and $80.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Income (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 31.78 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 593,000.00 |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 3.72 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 876.40 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 432.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 61.44 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 534.60 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 64.72 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -22.90 Mn |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | 77.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 77.70 Mn |
| Dec 31, 2025 | 84.20 Mn |
| Sep 30, 2025 | 80.20 Mn |
| Jun 30, 2025 | 68.20 Mn |
| Mar 31, 2025 | 71.50 Mn |
| Dec 31, 2024 | 64.00 Mn |
| Sep 30, 2024 | 102.90 Mn |
| Jun 30, 2024 | 77.00 Mn |
| Mar 31, 2024 | 65.80 Mn |
| Dec 31, 2023 | 84.90 Mn |
| Sep 30, 2023 | 18.40 Mn |
| Jun 30, 2023 | 95.30 Mn |
| Mar 31, 2023 | 68.00 Mn |
| Dec 31, 2022 | 88.60 Mn |
| Sep 30, 2022 | -44.10 Mn |
| Jun 30, 2022 | 34.10 Mn |
| Mar 31, 2022 | 88.80 Mn |
| Dec 31, 2021 | 50.82 Mn |
| Sep 30, 2021 | 51.87 Mn |
| Jun 30, 2021 | 10.21 Mn |