Wex (WEX) Net Margin (2009 - 2026)

Wex (WEX) posted Net Margin of 11.53% for Q1 2026, down 7.84% quarter-over-quarter from 12.51% in Q4 2025, and up 30.0% year-on-year from 8.87% in Q1 2025.

Wex (WEX) Net Margin (2009 - 2026) Analysis & Trends

Wex (WEX) has reported Net Margin for 18 consecutive years, with 11.53% the latest figure, recorded in Q1 2026.

  • Net Margin for Q1 2026 came in at 11.53%, up 30.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 11.5% (down 57.0% YoY), and the FY2025 annual result was 11.43%, down 35.0% from the prior year.
  • Net Margin was 11.53% for Q1 2026 at Wex, down from 12.51% in the prior quarter.
  • Over five years, Net Margin peaked at 23.73% in Q1 2022 and troughed at 7.16% in Q3 2022.
  • Average Net Margin over 5 years is 10.76%, with a median of 11.43% recorded 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 retreated by 11 bps to 12.8% in 2023, then dropped by 21 bps to 10.05% in 2024, then grew by 24 bps to 12.51% in 2025, then dropped by 8 bps to 11.53% in 2026.
  • Per Business Quant data, the three most recent Net Margin figures were 11.53% in Q1 2026, 12.51% in Q4 2025, and 11.59% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 38.34%
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 22.44%
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 53.68%
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 16.65%
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn 4.71%
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 28.90%
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn -3.58%
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 2.69%
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -5.10%
10 Wex 4.92 Bn -486.44 Mn 393.70 Mn 11.53%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 -7.37%