Wex (WEX) Operating Margin (2009 - 2026)

Wex (WEX) has reported Operating Margin for 18 consecutive years, with 26.97% the latest figure, recorded in Q2 2026.

• For the quarter ending Q2 2026, Operating Margin rose 320.0% year-over-year to 26.97%; the trailing twelve-month figure through Jun 2026 stood at 25.48% (down 23.0% YoY), and the FY2025 full-year result was 24.95%, down 116.0% from the prior year.
• Operating Margin climbed to 26.97% in Q2 2026 per WEX's latest filing, from 23.48% in the prior quarter.
• Across five years, Operating Margin topped out at 29.51% in Q3 2024 and bottomed at 3.46% in Q3 2022.
• Historically, Operating Margin has averaged 24.27% across 5 years, with a median of 25.02% in 2022.
• The sharpest annual moves came in 2022 and 2023: Operating Margin slumped 1743 bps in 2022, then soared 2339 bps in 2023.
• Over 5 years, Operating Margin stood at 25.07% in 2022, then dropped by 5 bps to 23.9% in 2023, then gained by 3 bps to 24.71% in 2024, then gained by 0 bps to 24.71% in 2025, then gained by 9 bps to 26.97% in 2026.
• According to Business Quant data, Operating Margin over the past three periods registered 26.97%, 23.48%, and 24.71% for Q2 2026, Q1 2026, and Q4 2025 respectively.