KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Operating Margin (2016 - 2026)

Wex has reported Operating Margin over the past 18 years, most recently at 23.48% for Q1 2026.

  • Quarterly Operating Margin fell 123.0% to 23.48% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 24.64% through Mar 2026, down 135.0% year-over-year, with the annual reading at 24.95% for FY2025, 116.0% down from the prior year.
  • Operating Margin was 23.48% for Q1 2026 at Wex, down from 24.71% in the prior quarter.
  • Over five years, Operating Margin peaked at 29.51% in Q3 2024 and troughed at 3.46% in Q3 2022.
  • The 5-year median for Operating Margin is 24.96% (2024), against an average of 24.12%.
  • Biggest five-year swings in Operating Margin: tumbled -1743bps in 2022 and later soared 2339bps in 2023.
  • Tracing WEX's Operating Margin over 5 years: stood at 25.07% in 2022, then fell by -5bps to 23.9% in 2023, then rose by 3bps to 24.71% in 2024, then rose by 0bps to 24.71% in 2025, then fell by -5bps to 23.48% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods came in at 23.48%, 24.71%, and 26.54% for Q1 2026, Q4 2025, and Q3 2025 respectively.