Wex (WEX) Operating Income (2009 - 2026)
Wex (WEX) reported Operating Income of $203.2 million for Q2 2026, up 29.6% from $156.8 million a year earlier and up 28.4% from the prior quarter.
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Analysis
Wex (WEX) Operating Income (2009 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Wex's Operating Income came in at $711.3 million, up 6.5% year-over-year; for FY2025, it was $663.9 million, down 3.3% from FY2024.
- By year, Operating Income came in at $686.3 million in FY2024 (+6.1%), $647.1 million in FY2023 (+37.7%), $469.8 million in FY2022 (+37.4%) and $342 million in FY2021.
- The Q2 2026 figure ranks as the highest quarterly Operating Income in data going back to Q2 2009.
- Year over year, Operating Income has now increased in each of the last three quarters, with growth averaging 3.7% over the last eight quarters.
- The high point for year-over-year Operating Income in five years was Q3 2023 (growth of 721.1%); the low point was Q3 2022 (a decline of 78.9%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $158.2 million (Q1 2026), $166.3 million (Q4 2025) and $183.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -113.49 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 1.43 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 446.87 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -620.38 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 472.27 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 1.02 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 337.12 Mn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -11.87 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 62.32 Mn |
| 10 | Wex | 6.07 Bn | -15.62 Bn | 463.80 Mn | 203.20 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 |
API Access
Wex Operating Income API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-income&ticker=WEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-income", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=operating-income&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();