Mobility was Wex’s largest segment in fiscal 2025, bringing in $785.20M of $1.85B (43%).
| Segment | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2014 | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Mobility | $822.60M | $809.30M | $834.50M | $785.20M | ||||||||||||
| Benefits | $470.20M | $559.00M | $572.90M | $601.00M | ||||||||||||
| Corporate Payments | $396.90M | $470.10M | $459.90M | $459.20M | ||||||||||||
| Fleet Payment Solutions | — | — | — | — | ||||||||||||
| Fleet Solutions | — | — | — | — | ||||||||||||
| Segment Reporting Total | — | — | — | — | ||||||||||||
| Travel & Corporate Solutions | — | — | — | — | ||||||||||||
| Health & Employee Benefit Solutions | — | — | — | — | ||||||||||||
| Other Payment Solutions | — | — | — | — | ||||||||||||
| Total | $1.69B | $1.84B | $1.87B | $1.85B |
Wex brought in $1.85B from its three segments in fiscal 2025, the year ended December 31, 2025. That is less than the $2.66B it reports by geography, so these segments do not cover all of its revenue. Mobility was the largest at $785.20M (42.5%), ahead of Benefits at $601.00M (32.6%) and Corporate Payments at $459.20M (24.9%).
Compared with fiscal 2024, Benefits grew fastest, up 4.9% to $601.00M, while Mobility fell the most, down 5.9% to $785.20M.
United States was Wex’s largest region in fiscal 2025, bringing in $2.34B of $2.66B (88%).
| Geography | FY 2009 | FY 2010 | FY 2011 | FY 2012 | FY 2013 | FY 2017 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| United States | $2.06B | $2.19B | $2.29B | $2.34B | |||||||||
| Other International | $288.50M | $354.20M | $338.70M | $325.00M | |||||||||
| Australia | — | — | — | — | |||||||||
| International | — | — | — | — | |||||||||
| Total | $2.35B | $2.55B | $2.63B | $2.66B |
Wex brought in $2.66B from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 1.2% from $2.63B in fiscal 2024. United States was the largest at $2.34B (87.8%), ahead of Other International at $325.00M (12.2%).
Compared with fiscal 2024, United States grew 2.0% to $2.34B, while Other International fell 4.0% to $325.00M. From fiscal 2022 to 2025, combined revenue from these regions grew from $2.35B to $2.66B, a compound annual growth rate of 4.2%. United States' share held steady at about 87.8%.
Payment Processing Revenue was Wex’s largest product and service line in fiscal 2025, bringing in $1.25B of $2.50B (50%).
| Product and Service | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|---|
| Payment Processing Revenue | $1.24B | $1.64B | $694.50M | $1.25B | ||||
| Account Servicing Revenue | $775.70M | $542.10M | $584.50M | $1.01B | ||||
| Other Revenue | $199.40M | $216.80M | $233.50M | $241.80M | ||||
| Total | $2.21B | $2.40B | $1.51B | $2.50B |
Wex brought in $2.50B from its three product and service lines in fiscal 2025, the year ended December 31, 2025. That is less than the $2.66B it reports by geography, so these lines do not cover all of its revenue. Payment Processing Revenue was the largest at $1.25B (49.8%), ahead of Account Servicing Revenue at $1.01B (40.5%) and Other Revenue at $241.80M (9.7%).
Compared with fiscal 2024, Payment Processing Revenue grew fastest, up 79.6% to $1.25B. Every line above 2% of revenue grew.
Wex (WEX) reports its revenue by segment, by geography and by product and service. In fiscal 2025, Mobility was its largest segment, bringing in $785.20M (42.5% of the total), followed by Benefits at $601.00M (32.6%).
Mobility was Wex's largest segment in fiscal 2025, bringing in $785.20M, or 42.5% of the $1.85B total across its three segments.
United States was Wex's largest region in fiscal 2025, bringing in $2.34B, or 87.8% of the $2.66B total across its two regions.
Payment Processing Revenue was Wex's largest product and service line in fiscal 2025, bringing in $1.25B, or 49.8% of the $2.50B total across its three product and service lines.
Among Wex's segments that make up at least 2% of revenue, Benefits grew fastest in fiscal 2025, up 4.9% from $572.90M to $601.00M.
Every figure comes from Wex's annual financial filings, as reported. Each line keeps the name Wex gives it, and years follow its fiscal calendar.
Wex's revenue by segment goes back to fiscal 2009, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.