Wex (WEX) Operating Income (2009 - 2026)
Wex's (WEX) quarterly Operating Income came in at $203.2 million in Q2 2026, up 29.59% YoY from $156.8 million in Q2 2025, and up 28.45% on a QoQ basis from $158.2 million in Q1 2026.
Wex (WEX) Operating Income (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of Operating Income data on file, last reported at $203.2 million in Q2 2026.
- Quarterly Operating Income rose 29.59% year-over-year to $203.2 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $711.3 million (up 6.51% YoY) and the FY2025 annual result came in at $663.9 million, down 3.26% from the prior year.
- Operating Income advanced to $203.2 million in Q2 2026, from $158.2 million in the prior quarter.
- In the past five years, Operating Income ranged from a high of $203.2 million in Q2 2026 to a low of $21.3 million in Q3 2022.
- A 5-year average of $157.1 million and a median of $159.0 million in 2023 frame the typical range for Operating Income.
- Annual changes were most pronounced in 2022 — Operating Income plunged 78.87% — and 2023, when it jumped 721.13%.
- Tracing WEX's Operating Income over 5 years: 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 gained by 22.19% to $203.2 million in 2026.
- The last three Operating Income figures came in at $203.2 million (Q2 2026), $158.2 million (Q1 2026), and $166.3 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Op. Inc (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 40.60 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 912.00 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 6.13 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | -183.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 689.30 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | -205.70 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 203.05 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | -49.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 446.87 Mn |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | 203.20 Mn |
Historic Data
Download 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 |