WEX Inc.
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $2.7B | $2.6B | $2.5B | $2.4B | $1.9B |
| Cost of revenue | $1.1B | $1.0B | $973.3M | $930.5M | $702.1M |
| Operating income | $663.9M | $686.3M | $647.1M | $469.8M | $342.0M |
| Interest expense | — | — | — | $130.7M | $128.4M |
| Pretax income | $420.2M | $417.8M | $368.8M | $260.5M | $203.9M |
| Income tax expense | $116.1M | $108.2M | $102.2M | $93.1M | $67.8M |
| Net income | $304.1M | $309.6M | $266.6M | $167.2M | $135.3M |
| Balance Sheet | |||||
| Cash and equivalents | $905.8M | $595.8M | $975.8M | $922.0M | $588.9M |
| Current assets | $9.7B | $8.5B | $8.9B | $6.8B | $5.3B |
| Total assets | $14.4B | $13.3B | $13.9B | $11.5B | $10.3B |
| Current liabilities | $9.3B | $8.3B | $8.5B | $6.3B | $4.4B |
| Total liabilities | $13.2B | $11.8B | $12.1B | $9.9B | $8.2B |
| Total debt | $3.6B | $3.2B | $2.9B | $2.8B | $2.9B |
| Stockholders' equity | $1.2B | $1.5B | $1.8B | $1.6B | $1.8B |
| Cash Flow Statement | |||||
| Cash from operations | $454.3M | $481.4M | $907.9M | $679.4M | -$42.6M |
| Depreciation and amortization | $331.1M | $321.3M | $276.2M | $263.9M | $272.6M |
| Stock-based compensation | $100.3M | $112.2M | $127.0M | $97.9M | $74.8M |
| Capital expenditure | $140.6M | $147.3M | $143.6M | $112.9M | $86.0M |
| Free cash flow | $313.7M | $334.1M | $764.3M | $566.5M | -$128.6M |
| Share repurchases | $799.8M | $652.0M | $303.4M | $282.8M | $0 |
| Impairments | $9.9M | $0 | $0 | $136.5M | $0 |
Shares outstanding 34.7M · Free float 88.5%
Annual filing data through FY ended December 31, 2025; float as of July 12, 2026.