Wex (WEX) Net Margin (2009 - 2026)

Wex (WEX) posted quarterly Net Margin of 14.41% for Q2 2026, up 407.0% year-on-year from 2.84% in Q2 2025, and up 24.98% on a QoQ basis from 11.53% in Q1 2026.

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.

  • Quarterly Net Margin rose 407.0% year-over-year to 14.41% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 12.56% (up 76.0% YoY) and the FY2025 annual result came in at 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.
  • Over the last five years, Net Margin for WEX reached as high as 23.73% in Q1 2022 and fell as low as 7.16% in Q3 2022.
  • A 5-year average of 10.96% and a median of 11.48% in 2024 frame the typical range for Net Margin.
  • The largest YoY upside for Net Margin was 2435 bps in 2022 against a maximum downside of 1717 bps in 2022.
  • Year by year, 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 advanced 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 38.34%
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 13.90%
3 Oracle 344.13 Bn 312.24 Bn - 30.88%
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 53.68%
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 16.65%
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 4.71%
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 28.90%
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn -3.58%
10 Wex 6.38 Bn 274.53 Mn 463.80 Mn 14.41%

Historic Data

Download Data
DateValue
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%