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Wex Inc (WEX)

Wex Inc (WEX)
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WEX Inc. is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare world wide. WEX operates through three business segments: Fleet Solutions, Travel & Corporate Solutions, and Health and Employee Benefit Solutions. Fleet Solutions unit offers customers with fleet vehicle payment processing services, particularly designed for commercial and government fleets and generates revenues from payment processing, account servicing and financing fees. Following the acquisition of European Fleet business, WEX fleet cards are accepted at all ExxonMobil stations throughout Europe. Travel and Corporate Solutions targets the complex payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs. Health and Employee Benefit Solutions offers healthcare payment products and software-as-a-service consumer directed platforms.

Fiscal Year End Date: 12/31

(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Sales 2,660,800 2,628,100 2,548,000 2,350,510 1,850,540
Sales Growth +1.24% +3.14% +8.40% +27.02% +18.63%
Net Income 304,100 309,600 266,600 201,440 140
Net Income Growth -1.78% +16.13% +32.35% +143,784.69% +100.06%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Total Assets 14,399,500 13,321,600 13,882,100 11,529,230 10,306,830
Total Assets Growth +8.09% -4.04% +20.41% +11.86% +25.95%
Total Liabilities 13,165,000 11,832,800 12,061,500 9,879,720 8,468,060
Total Liabilities Growth +11.26% -1.90% +22.08% +16.67% +35.16%
(Values in U.S. Thousands) Dec, 2025 Dec, 2024 Dec, 2023 Dec, 2022 Dec, 2021
Operating Cash Flow 454,300 481,400 907,900 679,430 150,400
Operating Cash Flow Growth -5.63% -46.98% +33.63% +351.75% -82.45%
Net Cash Flow 241,400 -793,000 370,300 602,900 -72,820
Change in Net Cash Flow +130.44% -314.15% -38.58% +927.93% -120.91%
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