WEX Inc. Income Statement
WEX / Financials|15 years of annual SEC 10-K data (FY2011-FY2025)
Line items include revenue, cost of goods sold, gross profit, operating expenses, interest, taxes, and net income with per-share data across 15 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Revenue
$2.7B
FY2025
Gross Profit
N/A
FY2025
Operating Income
$664M
FY2025
Net Income
$304M
FY2025
WEX Inc. reported $2.7B in revenue and $304M in net income for FY2025. Revenue has grown at a 11.9% compound annual rate over the past 14 years.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score NaN (distress zone, below 1.23 threshold)
- High leverage: Debt-to-equity ratio of 2.86
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 | FY2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.7B | $2.6B | $2.5B | $2.4B | $1.9B | $1.6B | $1.7B | $1.5B | $1.2B | $1.0B | $854.6M | $817.6M | $717.5M | $623.2M | $553.1M |
| Cost of Revenue | $1.1B | $1.0B | $973.3M | $930.5M | $702.1M | $673.2M | $659.8M | $547.9M | $514.3M | $458.8M | $3.2M | - | - | - | - |
| SG&A Expense | $330.2M | $375.8M | $428.0M | $343.9M | $326.9M | $292.1M | $275.8M | $209.3M | $184.3M | $185.6M | - | - | - | - | - |
| Operating Income | $663.9M | $686.3M | $647.1M | $469.8M | $342.0M | -$91.7M | $385.8M | $380.6M | $233.4M | $158.5M | $228.8M | $306.2M | $276.7M | $221.6M | $233.3M |
| Interest Expense | - | - | - | $130.7M | $128.4M | $157.1M | $134.7M | $105.0M | $25.0M | $12.4M | $5.6M | $6.4M | $4.3M | $5.0M | $5.5M |
| Income Tax | $116.1M | $108.2M | $102.2M | $93.1M | $67.8M | -$20.6M | $61.2M | $68.8M | $15.4M | $28.6M | $75.3M | $101.6M | $90.1M | $109.5M | $75.0M |
| Net Income | $304.1M | $309.6M | $266.6M | $167.2M | $135.3M | -$283.9M | $156.3M | $168.3M | $160.1M | $60.6M | $111.3M | $202.2M | $149.2M | $96.9M | $133.6M |
| EPS (Basic) | $6.23 | $4.54 | $0.00 | -$5.56 | $2.29 | $3.90 | $3.72 | $0.58 | $2.63 | $5.20 | $3.83 | $2.50 | $3.45 | $2.28 | $3.65 |
| EPS (Diluted) | $6.16 | $4.50 | $0.00 | -$5.56 | $2.26 | $3.86 | $3.71 | $0.57 | $2.62 | $5.18 | $3.82 | $2.48 | $3.43 | $2.25 | $3.55 |
| Shares Outstanding | 39.0M | 41.9M | 43.2M | 44.8M | 44.2M | 43.3M | 43.1M | 43.0M | 42.8M | 38.7M | 38.9M | 39.0M | 38.9M | 38.8M | 38.4M |
| Operating Margin | 24.9% | 26.1% | 25.4% | 20.0% | 18.5% | -5.9% | 22.4% | 25.5% | 18.7% | 15.7% | 26.8% | 37.5% | 38.6% | 35.6% | 42.2% |
| Profit Margin | 11.4% | 11.8% | 10.5% | 7.1% | 7.3% | -18.2% | 9.1% | 11.3% | 12.8% | 6.0% | 13.0% | 24.7% | 20.8% | 15.6% | 24.2% |