Wex (WEX) Net Margin (2009 - 2026)
Wex's (WEX) quarterly Net Margin came in at 14.41% in Q2 2026, up 407.0% on a YoY basis from 2.84% in Q2 2025, and up 24.98% quarter-over-quarter from 11.53% in Q1 2026.
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Wex (WEX) Net Margin (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Net Margin for 18 consecutive years, with 14.41% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Net Margin rose 407.0% year-over-year to 14.41%; the trailing twelve-month figure through Jun 2026 stood at 12.56% (up 76.0% YoY), and the FY2025 full-year result was 11.43%, down 35.0% from the prior year.
- Net Margin improved to 14.41% in Q2 2026 per WEX's latest filing, from 11.53% in the prior quarter.
- Across five years, Net Margin topped out at 23.73% in Q1 2022 and bottomed at 7.16% in Q3 2022.
- Historically, Net Margin has averaged 10.96% across 5 years, with a median of 11.48% in 2024.
- The widest YoY moves for Net Margin: up 2435 bps in 2022, down 1717 bps in 2022.
- Over 5 years, Net Margin stood at 14.34% in 2022, then fell by 11 bps to 12.8% in 2023, then slipped by 21 bps to 10.05% in 2024, then climbed by 24 bps to 12.51% in 2025, then gained by 15 bps to 14.41% in 2026.
- According to Business Quant data, Net Margin over the past three periods registered 14.41%, 11.53%, and 12.51% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.08 Bn | 41.65 Bn | 3.17 Bn | 1.32% |
| 2 | PayPal Holdings | 46.69 Bn | 35.43 Bn | - | 12.72% |
| 3 | Fiserv | 26.99 Bn | 26.37 Bn | 3.59 Bn | 11.70% |
| 4 | Corpay | 26.78 Bn | 19.78 Bn | 1.19 Bn | 18.81% |
| 5 | Global Payments | 24.15 Bn | 18.74 Bn | 2.03 Bn | 0.22% |
| 6 | Wex | 6.49 Bn | 383.66 Mn | 463.80 Mn | 14.41% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 7.39% |
| 8 | Paymentus Holdings | 4.47 Bn | 4.09 Bn | 94.31 Mn | 7.09% |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | 13.67% |
| 10 | Sezzle | 4.01 Bn | 3.93 Bn | - | 27.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 14.41% |
| Mar 31, 2026 | 11.53% |
| Dec 31, 2025 | 12.51% |
| Sep 30, 2025 | 11.59% |
| Jun 30, 2025 | 10.34% |
| Mar 31, 2025 | 11.23% |
| Dec 31, 2024 | 10.05% |
| Sep 30, 2024 | 15.46% |
| Jun 30, 2024 | 11.43% |
| Mar 31, 2024 | 10.08% |
| Dec 31, 2023 | 12.80% |
| Sep 30, 2023 | 2.82% |
| Jun 30, 2023 | 15.34% |
| Mar 31, 2023 | 11.11% |
| Dec 31, 2022 | 14.34% |
| Sep 30, 2022 | -7.16% |
| Jun 30, 2022 | 5.70% |
| Mar 31, 2022 | 23.73% |
| Dec 31, 2021 | -2.37% |
| Sep 30, 2021 | 10.01% |