WEX · XBRL financial data

WEX financial statements, every fiscal year

The same tables from 6 filings, lined up. Matched by XBRL tag: renamed lines keep their history.

How these numbers work

Every number comes from the company's XBRL financial data filed with the SEC, and each one links to its filing.
Lines are matched by XBRL tag, so a line renamed between filings keeps its history.
* marks a quarter worked out from the filing totals: the 10-K year minus the first three quarters, or a year-to-date total minus the earlier one. Fourth-quarter earnings per share is fourth-quarter net income over the fourth-quarter weighted shares.
0 means a filing states zero; a dash (—) means no filing states that number.
“year only” means the 10-K gives the full year but not the quarters needed to work out the fourth. A worked-out quarter of revenue, cost of revenue or operating cash flow more than twice the company's largest quarter of the two years before is shown this way too.
Gross profit is shown as the company reports it; a worked-out quarter must equal revenue less cost of revenue for that quarter, or it is a dash.
Operating income can be above gross profit when the company books other operating income between the two, shown on its own line.
Shares outstanding come from each filing's cover page, as of the date printed there.
Quarters are fiscal: Q2 FY27 is the second quarter of the company's fiscal 2027.

Income statement

Fiscal years (WEX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Revenue	1,560	1,851	2,351	2,548	2,628	2,661
Revenue from contracts with customers	1,129	1,346	1,690	1,838	1,867	1,845
Cost of revenue	673	702	930	973	1,038	1,101
General and administrative	292	327	344	428	376	330
Operating income (loss)	(92)	342	470	647	686	664
Interest expense	157	128	131	—	—	—
Income tax expense (benefit)	(21)	68	93	102	108	116
Net income (loss)	(284)	135	167	267	310	304
Earnings per share, basic USD per share	(5.56)	0.00	4.54	6.23	7.59	8.57
Earnings per share, diluted USD per share	(5.56)	0.00	4.50	6.16	7.50	8.47
Weighted average shares, basic millions of shares	44	45	44	43	41	36
Weighted average shares, diluted millions of shares	44	45	45	43	41	36

Fiscal years (WEX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Cash and cash equivalents	852	589	922	976	596	906
Short-term investments	0	949	1,395	3,022	3,765	4,333
Marketable securities	0	949	1,395	—	—	—
Marketable securities, non-current	37	40	48	—	—	—
Prepaid and other current assets	87	78	143	125	199	215
Total current assets	3,503	5,300	6,817	8,935	8,516	9,713
Property and equipment, net	188	180	202	243	261	254
Right-of-use asset	85	79	67	62	55	51
Goodwill	2,688	2,908	2,729	3,016	2,983	3,015
Total assets	8,183	10,307	11,529	13,882	13,322	14,400
Current portion of long-term debt	153	156	203	55	52	55
Total current liabilities	2,741	4,400	6,294	8,519	8,327	9,287
Total deposits	1,060	2,679	3,479	4,073	4,453	—
Long-term debt	2,874	2,695	2,522	2,828	3,082	3,532
Lease liability, non-current	83	81	71	66	60	54
Total liabilities	6,148	8,214	9,880	12,062	11,833	13,165
Retained earnings	1,287	1,289	1,491	1,757	2,067	2,371
Total stockholders' equity	1,905	1,839	1,650	1,821	1,489	1,235
Total liabilities and equity	8,183	10,307	11,529	13,882	13,322	14,400
Common shares outstanding (cover page) millions of shares	44	45	43	42	39	34

Fiscal years (WEX's year ends in late December)

In millions of dollars	FY 2020Dec 31, 2020	FY 2021Dec 31, 2021	FY 2022Dec 31, 2022	FY 2023Dec 31, 2023	FY 2024Dec 31, 2024	FY 2025Dec 31, 2025
Net income (loss)	(284)	135	167	267	310	304
Stock-based compensation	64	75	98	127	112	100
Depreciation and amortization	262	273	264	276	321	331
Net cash from operating activities	857	150	679	908	481	454
Purchases of property and equipment	80	86	113	144	147	141
Net cash from investing activities	(329)	(1,601)	(717)	(2,138)	(961)	(697)
Proceeds from issuing common stock	90	0	0	—	—	—
Share repurchases	0	0	283	303	652	800
Net cash from financing activities	(179)	1,403	681	1,573	(260)	419
Net change in cash	348	(73)	603	370	(793)	241

SIC 7389 and related industry codes, similar size. Each row is the latest quarter reported.

How peers are chosen

SIC 7389 and related industry codes with public float (or, where float is missing, quarterly revenue) between 0.2x and 5x the company's.
Each row is the latest quarter the company has reported, named in the Quarter column; when that filing is a 10-K, it is the fourth quarter, never the full year.
Runway shows only for companies burning cash with under $10B of public float.
* marks a quarter worked out from the filing totals: for a 10-Q, the year-to-date total less the earlier one.
A cell reading “not reported” means the filings give no figure for that quarter alone.

Company	Cash ($M)	Revenue, quarter ($M)	Operating cash flow, quarter ($M)	Shares outstanding	Runway	Quarter
WEX	593	524	(11)*	32.9M	28.9 quarters	Q3 FY26 10-QSep 30, 2026
Etsy	2,066	692	160*	86.2M	—	Q3 FY26 10-QSep 30, 2026
Mobility Global	186	468	not reported	294.8M	—	Q2 FY26 10-QJun 30, 2026
Amentum Holdings	459	3,490	146*	244.5M	—	Q3 FY26 10-QJul 3, 2026
ADT	228	1,349	440*	not reported	—	Q3 FY26 10-QSep 30, 2026
Lyft	1,138	1,844	350*	378.5M	—	Q2 FY26 10-QJun 30, 2026
Shift4 Payments	356	1,295	63*	79.0M	—	Q2 FY26 10-QJun 30, 2026
CBIZ	18	702	25*	55.1M	—	Q3 FY26 10-QSep 30, 2026
Maximus	57	1,279	(125)*	52.4M	0.5 quarters	Q3 FY26 10-QJun 30, 2026

Not investment advice. Not affiliated with the U.S. SEC.