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$ 153.45 -0.8%

Quarterly report 2025-Q2
added 07-24-2025

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WEX Financial Statements 2011-2025 | WEX

Annual Financial Statements WEX

2024 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Market Cap

6.24 B 9.51 B 8.58 B 7.2 B 8.27 B 9.71 B 6.88 B 6.67 B 4.66 B 2.82 B 3.58 B 3.33 B 3.06 B 2.12 B

Shares

40.8 M 42.8 M 44.4 M 44.7 M 43.8 M 43.3 M 43.2 M 43 M 40.8 M 38.8 M 38.9 M 38.9 M 38.8 M 38.7 M

Historical Prices

153 222 193 161 189 217 161 155 114 72.6 92 82.4 78.6 54.7

Net Income

310 M 267 M 167 M 135 M -284 M 99 M 168 M 160 M 60.6 M 102 M 202 M 149 M 96.9 M 134 M

Revenue

2.63 B 2.55 B 2.35 B 1.85 B 1.56 B 1.72 B 1.49 B 1.25 B 1.02 B 855 M 818 M 717 M 623 M 553 M

Cost of Revenue

1.04 B 973 M 930 M 702 M 673 M 660 M 548 M 514 M 459 M 235 M 201 M 165 M 123 M 105 M

Gross Profit

- - - - - 1.06 B 945 M 648 M 513 M 453 M 458 M 425 M 369 M 467 M

Operating Income

686 M 647 M 470 M 342 M -91.7 M 386 M 381 M 233 M 159 M 229 M 306 M 277 M 222 M 233 M

Interest Expense

- - - - 157 M 135 M 105 M 31.9 M 17.1 M 7.17 M 6.67 M - - -

EBITDA

1.01 B 923 M 734 M 615 M 170 M 528 M 506 M 473 M 344 M 320 M 349 M 335 M 297 M 301 M

Operating Expenses

- - - - - 678 M 558 M 378 M 311 M 216 M 180 M 148 M 147 M 212 M

General and Administrative Expenses

376 M 428 M 344 M 327 M 292 M 276 M 209 M 27.7 M 44.6 M 37.5 M 32.9 M 28.2 M 22.1 M 122 M

All numbers in USD currency

Quarterly Income Statement WEX

2025-Q2 2025-Q1 2024-Q4 2024-Q3 2024-Q2 2024-Q1 2023-Q4 2023-Q3 2023-Q2 2023-Q1 2022-Q4 2022-Q3 2022-Q2 2022-Q1 2021-Q4 2021-Q3 2021-Q2 2021-Q1 2020-Q4 2020-Q3 2020-Q2 2020-Q1 2019-Q4 2019-Q3 2019-Q2 2019-Q1 2018-Q4 2018-Q3 2018-Q2 2018-Q1 2017-Q4 2017-Q3 2017-Q2 2017-Q1 2016-Q4 2016-Q3 2016-Q2 2016-Q1 2015-Q4 2015-Q3 2015-Q2 2015-Q1 2014-Q4 2014-Q3 2014-Q2 2014-Q1 2013-Q4 2013-Q3 2013-Q2 2013-Q1 2012-Q4 2012-Q3 2012-Q2 2012-Q1 2011-Q4 2011-Q3 2011-Q2 2011-Q1

Shares

34.3 M 38.9 M 39 M 40.3 M 41.7 M 41.8 M 41.9 M 42.9 M 42.9 M 43.1 M 43.2 M 44.2 M 44.8 M 44.9 M 44.8 M 44.9 M 44.8 M 44.3 M 44.2 M 44.2 M 43.6 M 43.4 M 43.3 M 43.3 M 43.3 M 43.2 M 43.1 M 43.2 M 43.2 M 43 M 43 M 43 M 43 M 42.9 M 42.8 M 42.8 M 38.8 M 38.8 M 38.7 M 38.7 M 38.7 M 38.9 M 38.9 M 38.9 M 38.9 M 39 M 39 M 39 M 38.9 M 38.9 M 38.9 M 38.8 M 38.9 M 38.8 M 38.8 M 38.7 M 38.7 M 38.5 M

Net Income

68.1 M 71.5 M - 103 M 77 M 65.8 M - 18.4 M 95.3 M 68 M - -44.1 M 34.1 M 88.5 M - 51.7 M 9.97 M 22.5 M - -59 M 12.7 M -13.6 M 54.4 M 43.1 M 31.5 M 16.1 M 21.3 M 56.6 M 38.4 M 52 M 87.2 M 26.2 M 19.8 M 26.9 M 5.29 M 19.7 M 12.6 M 23.1 M 20.9 M 32.2 M 26.5 M 22.3 M 47.9 M 74.4 M 43.3 M 36.5 M 34.5 M 43.8 M 42.2 M 28.7 M 29.1 M 14.3 M 30.3 M 23.2 M 32.8 M 48.1 M 40.6 M 12.1 M

Revenue

660 M 637 M - 666 M 674 M 653 M - 651 M 621 M 612 M - 616 M 598 M 518 M - 483 M 459 M 411 M - 382 M 347 M 432 M 440 M 1.68 M 2.66 M 2.76 M 381 M 5.78 M 7.46 M 7.38 M 331 M 12.1 M 6.51 M 8.03 M 291 M 288 M 234 M 206 M 213 M 226 M 214 M 202 M 212 M 222 M 202 M 182 M 182 M 192 M 178 M 165 M 169 M 161 M 153 M 140 M 140 M 152 M 141 M 120 M

Cost of Revenue

273 M 270 M - 249 M 264 M 267 M - 235 M 235 M 247 M - 252 M 224 M 202 M - 180 M 172 M 158 M - 157 M 162 M 186 M - 166 M 161 M 153 M - 147 M 135 M 129 M - 135 M 128 M 83.6 M - 76.7 M 66.7 M 63.4 M - 57.2 M 59.1 M 58.4 M - 55.4 M 43.4 M 43.9 M - 41.5 M 40.6 M 40.1 M - 28.8 M 30 M 28.7 M - 27.4 M 26.4 M 25.7 M

Operating Income

157 M 157 M - 196 M 168 M 164 M - 175 M 159 M 154 M - 21.3 M 171 M 122 M - 101 M 82.3 M 50.5 M - 1.84 M 28.8 M 74.8 M 104 M 118 M 94.7 M 68.9 M 93.8 M 103 M 100 M 83.9 M 73.5 M 50.8 M 52.4 M 56.7 M 47.8 M 54.6 M 51.6 M 41.1 M 49.9 M 67.7 M 62.9 M 48.2 M 61.8 M 103 M 80.3 M 61.5 M 71.2 M 77.9 M 67.1 M 60.5 M 49.5 M 51.3 M 62.9 M 58 M 60.7 M 65.2 M 61.2 M 46.2 M

Interest Expense

- - - - - - - - - - - 34.4 M - 29.7 M - 32.5 M 32.5 M 33.3 M - 41 M 28.8 M 32 M - 34.5 M 35.6 M 31.1 M - - - - - 12.1 M 6.51 M 8.03 M - 3.9 M 2.68 M 2.47 M - 1.84 M 1.47 M - - - - - - - - - - - - - - - - -

EBITDA

203 M 239 M - 243 M 215 M 243 M - 217 M 201 M 221 M - 60.2 M 210 M 189 M - 303 M 123 M 117 M - 197 M 158 M 140 M 104 M 292 M 205 M 121 M 93.8 M 251 M 201 M 134 M 73.5 M 201 M 152 M 106 M 47.8 M 146 M 97 M 63.4 M 49.9 M 131 M 107 M 70.4 M 61.8 M 154 M 112 M 77.1 M 71.2 M 123 M 97.3 M 75.7 M 49.5 M 86.9 M 86.3 M 69.6 M 60.7 M 101 M 84.3 M 58.4 M

Operating Expenses

- - - - - - - - - - - - - - - - - - - - - - - - - - - - - - - 260 M 256 M 231 M - 233 M 182 M 165 M - 158 M 151 M 154 M - 120 M 121 M 121 M - 114 M 111 M 105 M - 110 M 90.2 M 82.2 M - 86.6 M 80.1 M 73.9 M

General and Administrative Expenses

86.3 M 73.7 M - 92.1 M 101 M 88.5 M - 117 M 106 M 88.9 M - 86.5 M 83.5 M 78.7 M - 79.5 M 79.5 M 86.4 M - 73.1 M 62.3 M 62 M - 65.4 M 76.2 M 64.4 M - 51.1 M 47.6 M 55.3 M - 51.5 M 40.1 M 42.2 M - - - - - - - - - - - - - - - - - - - - - - - -

All numbers in USD currency

Financial statements are the primary tool companies use to inform stakeholders about their financial position, performance, and changes in capital structure. It is a kind of "business language" understood by investors, creditors, tax authorities, and other participants in the economic environment.

Main types of financial statements WEX WEX
  1. Income Statement
    Shows income, expenses, and resulting profit or loss over a specific period. Helps assess business profitability.
  2. Balance Sheet
    Reflects a company’s assets, liabilities, and equity as of a specific date. It’s a snapshot of what the company owns and owes.
    Assets — everything the company owns (cash, equipment, buildings, accounts receivable, etc.).
    Liabilities — debts and other external sources of financing.
    Equity — owners' capital and retained earnings.
  3. Cash Flow Statement
    Reveals how the company earns and spends money in three areas: operating, investing, and financing activities.
International reporting standards
  • IFRS — International Financial Reporting Standards, applicable to public and multinational companies.
  • GAAP — Generally Accepted Accounting Principles used in the United States.
  • RAS — Russian Accounting Standards, used domestically in Russia.

Financial reporting WEX plays a crucial role for investors as it serves as an objective source of information about a company's current state. Based on the reports, one can determine whether a company is growing, stagnating, or losing market share. This allows investors to identify both promising and problematic assets in a timely manner.

In addition, financial data provides a basis for forecasting future returns. Historical trends in revenue, profit, and cash flow help evaluate potential dividends, the likelihood of stock price growth, and overall investment risk.

Transparent and accurate reporting is also an indicator of a company’s maturity and managerial responsibility. Such openness builds investor confidence and simplifies investment decision-making, especially when comparing multiple companies.

Finally, financial statements enable high-quality comparative analysis. They allow companies to be evaluated against each other in terms of profitability, debt levels, margins, and other key metrics — which is particularly important when choosing the best investment options within an industry or market segment.

Financial statements of other stocks in the Software industry

Issuer Price % 24h Market Cap Country
Agora Agora
API
$ 3.93 5.23 % $ 1.47 B chinaChina
American Software American Software
AMSWA
- -2.14 % $ 369 M usaUSA
FireEye, Inc. FireEye, Inc.
FEYE
- -3.41 % $ 4.13 B usaUSA
Aspen Technology Aspen Technology
AZPN
- - $ 16.8 B usaUSA
BigCommerce Holdings BigCommerce Holdings
BIGC
- - $ 371 M usaUSA
Borqs Technologies Borqs Technologies
BRQS
- -23.51 % $ 9.87 M chinaChina
BSQUARE Corporation BSQUARE Corporation
BSQR
- 0.53 % $ 38.6 K usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
- - $ 3.47 M usaUSA
Ceridian HCM Holding Ceridian HCM Holding
CDAY
- - $ 10.6 B usaUSA
Check Point Software Technologies Ltd. Check Point Software Technologies Ltd.
CHKP
$ 192.75 -2.89 % $ 21.3 B israelIsrael
Bill.com Holdings Bill.com Holdings
BILL
$ 54.71 -0.46 % $ 5.67 B usaUSA
BlackBerry Limited BlackBerry Limited
BB
$ 4.29 -1.38 % $ 2.54 B canadaCanada
CYREN Ltd. CYREN Ltd.
CYRN
- -18.15 % $ 1.77 M usaUSA
BlackLine BlackLine
BL
$ 58.47 -0.62 % $ 3.63 B usaUSA
Net Element, Inc. Net Element, Inc.
NETE
- 8.63 % $ 83.8 M usaUSA
Black Knight Black Knight
BKI
- -0.02 % $ 11.7 B usaUSA
Evolving Systems Evolving Systems
EVOL
- -8.47 % $ 13.9 M usaUSA
Bridgeline Digital Bridgeline Digital
BLIN
$ 1.03 -2.84 % $ 10.7 M usaUSA
Box Box
BOX
$ 30.23 0.13 % $ 4.36 B usaUSA
DocuSign DocuSign
DOCU
$ 70.68 0.64 % $ 14.4 B usaUSA
Amdocs Limited Amdocs Limited
DOX
$ 79.31 0.62 % $ 9.16 B guernseyGuernsey
The Descartes Systems Group Inc The Descartes Systems Group Inc
DSGX
$ 90.68 -1.69 % $ 7.67 B canadaCanada
Blackbaud Blackbaud
BLKB
$ 63.34 1.56 % $ 3.2 B usaUSA
GreenBox POS GreenBox POS
GBOX
- 5.45 % $ 43.6 M usaUSA
Bumble Bumble
BMBL
$ 3.43 -7.43 % $ 414 M usaUSA
Proofpoint, Inc. Proofpoint, Inc.
PFPT
- - $ 10.1 B usaUSA
GTY Technology Holdings GTY Technology Holdings
GTYH
- 0.17 % $ 355 M usaUSA
GSE Systems GSE Systems
GVP
- - $ 11.4 M usaUSA
Creative Realities Creative Realities
CREX
$ 2.9 1.94 % $ 24.6 M usaUSA
Zix Corporation Zix Corporation
ZIXI
- 0.12 % $ 482 M usaUSA
CDK Global CDK Global
CDK
- 0.06 % $ 6.34 B usaUSA
Cheetah Mobile Cheetah Mobile
CMCM
$ 6.77 -4.51 % $ 9.68 B -
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
$ 462.38 0.56 % $ 20.4 B israelIsrael
Endava plc Endava plc
DAVA
$ 6.63 0.61 % $ 2.5 B -
Duos Technologies Group Duos Technologies Group
DUOT
$ 9.75 -5.98 % $ 75.4 M usaUSA
Ideanomics Ideanomics
IDEX
- -4.36 % $ 451 M usaUSA
Alteryx Alteryx
AYX
- - $ 3.42 B usaUSA
Qualtrics International Qualtrics International
XM
- - $ 11 B usaUSA
Bentley Systems, Incorporated Bentley Systems, Incorporated
BSY
$ 40.75 -0.88 % $ 12.8 B usaUSA
Datadog Datadog
DDOG
$ 146.38 -2.35 % $ 49.2 B usaUSA
Bit Digital Bit Digital
BTBT
$ 2.26 -8.33 % $ 317 M usaUSA
Inpixon Inpixon
INPX
- 8787.02 % $ 12.3 M usaUSA
Altair Engineering Altair Engineering
ALTR
- - $ 9.4 B usaUSA
Intuit Intuit
INTU
$ 671.15 -0.72 % $ 188 B usaUSA
Kubient Kubient
KBNT
- -10.71 % $ 1.43 M usaUSA
Cloudera, Inc. Cloudera, Inc.
CLDR
- 0.06 % $ 4.74 B canadaCanada
ACI Worldwide ACI Worldwide
ACIW
$ 47.43 -0.06 % $ 5 B usaUSA
Absolute Software Corporation Absolute Software Corporation
ABST
- - $ 811 M canadaCanada
Bottomline Technologies (de), Inc. Bottomline Technologies (de), Inc.
EPAY
- - $ 2.56 B usaUSA
China Index Holdings Limited China Index Holdings Limited
CIH
- - $ 85.7 M chinaChina