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
DateValue
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