WEX Inc. (WEX) Operating Margin (2009 - 2026)
Wex (WEX) posted Operating Margin of 26.97% for Q2 2026, up 3.20 percentage points from 23.77% a year earlier and up 3.49 percentage points from the prior quarter.
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Analysis
WEX Inc. (WEX) Operating Margin (2009 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Operating Margin at Wex was 25.48%, down 0.23 percentage points year-over-year; for FY2025, it came in at 24.95%, down 1.16 percentage points from FY2024.
- Annual Operating Margin shows a five-year change of +30.83 percentage points (FY2020 to FY2025).
- In prior years, Wex's Operating Margin was 26.11% in FY2024 (+0.72 pp), 25.40% in FY2023 (+5.41 pp), 19.99% in FY2022 (+1.51 pp) and 18.48% in FY2021 (+24.36 pp).
- The Q2 2026 figure stands as the highest quarterly Operating Margin since Q3 2024.
- On a year-over-year basis, Operating Margin increased in three of the last eight quarters, with an average year-over-year change of +0.10 percentage points.
- The strongest year-over-year quarter for Operating Margin in the past five years was Q4 2021, with a gain of 71.19 percentage points; the weakest was Q3 2022, with a drop of 17.43 percentage points.
- According to Business Quant data, Operating Margin for the three prior quarters was 23.48% (Q1 2026), 24.71% (Q4 2025) and 26.54% (Q3 2025).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.97% |
| Mar 31, 2026 | 23.48% |
| Dec 31, 2025 | 24.71% |
| Sep 30, 2025 | 26.54% |
| Jun 30, 2025 | 23.77% |
| Mar 31, 2025 | 24.71% |
| Dec 31, 2024 | 24.71% |
| Sep 30, 2024 | 29.51% |
| Jun 30, 2024 | 24.96% |
| Mar 31, 2024 | 25.20% |
| Dec 31, 2023 | 23.90% |
| Sep 30, 2023 | 26.85% |
| Jun 30, 2023 | 25.66% |
| Mar 31, 2023 | 25.21% |
| Dec 31, 2022 | 25.07% |
| Sep 30, 2022 | 3.46% |
| Jun 30, 2022 | 28.60% |
| Mar 31, 2022 | 23.63% |
| Dec 31, 2021 | 21.78% |
| Sep 30, 2021 | 20.88% |
API Access
WEX Inc. Operating Margin 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-margin&ticker=WEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-margin", "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-margin&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();