Wex (WEX) Operating Income (2009 - 2026)
Wex (WEX) reported Operating Income of $158.2 million for Q1 2026, up 0.57% on a YoY basis from $157.3 million in Q1 2025, and down 4.87% quarter-over-quarter from $166.3 million in Q4 2025.
Wex (WEX) Operating Income (2009 - 2026) Analysis & Trends
Wex has reported Operating Income for 18 years, with the latest figure at $158.2 million in Q1 2026.
- For the quarter ending Q1 2026, Operating Income rose 0.57% year-over-year to $158.2 million; the trailing twelve-month figure through Mar 2026 stood at $664.9 million (down 2.09% YoY), and the FY2025 full-year result was $663.9 million, down 3.26% from the prior year.
- Operating Income for Q1 2026 stood at $158.2 million, down from $166.3 million in the prior quarter.
- The five-year high for Operating Income was $196.4 million in Q3 2024, with the low at $21.3 million in Q3 2022.
- Historically, Operating Income has averaged $154.4 million across 5 years, with a median of $158.5 million in 2023.
- Annual changes were most pronounced in 2022 — Operating Income plunged 78.87% — and 2023, when it jumped 721.13%.
- Wex's Operating Income stood at $155.1 million in 2022, then climbed by 2.19% to $158.5 million in 2023, then retreated by 0.76% to $157.3 million in 2024, then increased by 5.72% to $166.3 million in 2025, then declined by 4.87% to $158.2 million in 2026.
- The last three Operating Income figures came in at $158.2 million (Q1 2026), $166.3 million (Q4 2025), and $183.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 38.40 Bn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | 809,000.00 |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 5.46 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 754.00 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 397.00 Mn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 13.79 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 580.00 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 203.05 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | -61.99 Mn |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | 158.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 158.20 Mn |
| Dec 31, 2025 | 166.30 Mn |
| Sep 30, 2025 | 183.60 Mn |
| Jun 30, 2025 | 156.80 Mn |
| Mar 31, 2025 | 157.30 Mn |
| Dec 31, 2024 | 157.30 Mn |
| Sep 30, 2024 | 196.40 Mn |
| Jun 30, 2024 | 168.10 Mn |
| Mar 31, 2024 | 164.50 Mn |
| Dec 31, 2023 | 158.50 Mn |
| Sep 30, 2023 | 174.90 Mn |
| Jun 30, 2023 | 159.40 Mn |
| Mar 31, 2023 | 154.30 Mn |
| Dec 31, 2022 | 155.10 Mn |
| Sep 30, 2022 | 21.30 Mn |
| Jun 30, 2022 | 171.10 Mn |
| Mar 31, 2022 | 122.30 Mn |
| Dec 31, 2021 | 108.36 Mn |
| Sep 30, 2021 | 100.82 Mn |
| Jun 30, 2021 | 82.28 Mn |