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| 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% |