WEX › Financials
WEX financials
WEXTen years from WEX’s own SEC filings. Fiscal years end in December.
Income statement
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.01B | $1.25B | $1.49B | $1.72B | $1.56B | $1.85B | $2.35B | $2.55B | $2.63B | $2.66B | $2.79B | — |
| Operating income | $158.5M | $233.4M | $380.6M | $385.8M | −$91.7M | $342.0M | $469.8M | $647.1M | $686.3M | $663.9M | $711.2M | — |
| Net income | $60.6M | $160.1M | $168.3M | $156.3M | −$283.9M | $135.3M | $167.2M | $266.6M | $309.6M | $304.1M | $350.7M | — |
| Earnings per share, diluted | $0.57 | $3.71 | $3.86 | $2.26 | −$5.56 | $0.00 | $4.50 | $6.16 | $7.50 | $8.47 | — | — |
Balance sheet
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $190.9M | $508.1M | $541.5M | $810.9M | $852.0M | $588.9M | $922.0M | $975.8M | $595.8M | $905.8M | — | $1.16B |
| Total assets | $6.00B | $6.74B | $6.77B | $8.30B | $8.18B | $10.31B | $11.53B | $13.88B | $13.32B | $14.40B | — | $16.50B |
| Debt | $125.8M | $2.03B | $2.13B | $2.69B | $3.03B | $2.91B | $2.77B | $2.88B | $3.13B | $3.59B | — | $3.58B |
| Total liabilities | $4.49B | $5.02B | $4.97B | $6.21B | $6.15B | $8.21B | $9.88B | $12.06B | $11.83B | $13.16B | — | $15.15B |
| Shareholders' equity | $1.50B | $1.71B | $1.79B | $1.93B | $1.90B | $1.84B | $1.65B | $1.82B | $1.49B | $1.23B | — | $1.34B |
Cash flow
| Dec 2016fiscal year | Dec 2017fiscal year | Dec 2018fiscal year | Dec 2019fiscal year | Dec 2020fiscal year | Dec 2021fiscal year | Dec 2022fiscal year | Dec 2023fiscal year | Dec 2024fiscal year | Dec 2025fiscal year | Last 12 monthsto Jun 2026 | Latest quarterJun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | −$141.2M | $135.4M | $400.2M | $663.2M | $736.8M | −$42.6M | $679.4M | $907.9M | $481.4M | $454.3M | $262.9M | — |
| Capital spending | $61.8M | $79.3M | $87.2M | $102.9M | $80.5M | $86.0M | $112.9M | $143.6M | $147.3M | $140.6M | $154.4M | — |
| Free cash flow | −$203.0M | $56.2M | $313.1M | $560.3M | $656.3M | −$128.6M | $566.5M | $764.3M | $334.1M | $313.7M | $108.5M | — |
| Buybacks | $0 | $0 | — | — | $0 | $0 | $282.8M | $303.4M | $652.0M | $799.8M | $63.9M | — |
| Returned to shareholders | $0 | $0 | — | — | $0 | $0 | $282.8M | $303.4M | $652.0M | $799.8M | $63.9M | — |
| Stock-based pay | $19.7M | $30.5M | $33.9M | $45.8M | $63.9M | $74.8M | $97.9M | $127.0M | $112.2M | $100.3M | $119.9M | — |
Where these numbers come from
Every column links to the filing it comes from on EDGAR. Last 12 months adds the latest year to date to the last 10-K and takes away the same months a year earlier. Debt is long-term debt including the part due within a year. A dash means the company did not report that line in a form we can read, never a zero. Market cap uses the latest closing price and the share count from the cover of the latest filing. How we count
WEX financials, answered
What is WEX's market cap?
$6.20B at $182.01 a share, with 34,081,611 shares outstanding as of Jul 17, 2026, from the cover of its latest SEC filing.
How much does WEX earn?
Revenue of $2.79B and net income of $350.7M in the last 12 months to Jun 2026.
How much debt does WEX have?
WEX reported $3.58B of debt and $1.16B of cash and equivalents on its balance sheet in Jun 2026.
Does WEX make free cash flow?
Yes. Operating cash flow minus capital spending was $108.5M in the last 12 months to Jun 2026.
How much cash does WEX return to shareholders?
$799.8M in buybacks and dividends in fiscal 2025, from the cash flow statement.