Wex (WEX) Operating Income (2009 - 2026)
Wex's (WEX) quarterly Operating Income came in at $203.2 million in Q2 2026, up 29.59% on a YoY basis from $156.8 million in Q2 2025, and up 28.45% quarter-over-quarter from $158.2 million in Q1 2026.
Analysis
Wex (WEX) Operating Income (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Operating Income for 18 consecutive years, with $203.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Operating Income rose 29.59% year-over-year to $203.2 million; the trailing twelve-month figure through Jun 2026 stood at $711.3 million (up 6.51% YoY), and the FY2025 full-year result was $663.9 million, down 3.26% from the prior year.
- Operating Income rose to $203.2 million in Q2 2026 per WEX's latest filing, from $158.2 million in the prior quarter.
- Across five years, Operating Income topped out at $203.2 million in Q2 2026 and bottomed at $21.3 million in Q3 2022.
- Historically, Operating Income has averaged $157.1 million across 5 years, with a median of $159.0 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Operating Income sank 78.87% in 2022, then surged 721.13% in 2023.
- Over 5 years, Operating Income stood at $155.1 million in 2022, then increased by 2.19% to $158.5 million in 2023, then slipped by 0.76% to $157.3 million in 2024, then gained by 5.72% to $166.3 million in 2025, then climbed by 22.19% to $203.2 million in 2026.
- According to Business Quant data, Operating Income over the past three periods registered $203.2 million, $158.2 million, and $166.3 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.08 Bn | 41.66 Bn | 3.17 Bn | 446.87 Mn |
| 2 | PayPal Holdings | 46.70 Bn | 35.44 Bn | - | 1.43 Bn |
| 3 | Fiserv | 27.28 Bn | 26.65 Bn | 3.59 Bn | 1.02 Bn |
| 4 | Corpay | 26.79 Bn | 19.79 Bn | 1.19 Bn | 472.27 Mn |
| 5 | Global Payments | 24.08 Bn | 18.67 Bn | 2.03 Bn | 337.12 Mn |
| 6 | Wex | 6.48 Bn | 381.05 Mn | 463.80 Mn | 203.20 Mn |
| 7 | Aci Worldwide | 5.20 Bn | 5.03 Bn | 181.57 Mn | 44.65 Mn |
| 8 | Paymentus Holdings | 4.43 Bn | 4.05 Bn | 94.31 Mn | 32.62 Mn |
| 9 | dLocal | 4.41 Bn | 3.54 Bn | 127.15 Mn | 64.16 Mn |
| 10 | Sezzle | 3.99 Bn | 3.91 Bn | - | 54.96 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 203.20 Mn |
| 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 |