Financial insights of WEX

MyFinsight

For the quarter ending 2025-09-30, WEX made $691,800K in revenue. $80,300K in net income. Net profit margin of 11.61%.

Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement	2025-09-30	2025-06-30	2025-03-31	2024-09-30
Total revenues	691,800	659,600	636,600	665,500
Processing costs	163,100	161,400	167,500	156,000
Service fees	22,600	23,300	25,700	20,700
Provision for credit losses	20,400	21,500	15,900	9,700
Operating interest	29,200	28,700	24,100	28,300
Depreciation and amortization	39,000	37,900	36,800	34,600
Total cost of services	274,300	272,700	270,000	249,200
General and administrative	92,000	86,300	73,700	92,100
Sales and marketing	97,300	97,700	90,900	80,900
Depreciation and amortization	44,700	46,000	44,700	46,900
Operating income	183,600	156,800	157,300	196,400
Financing interest expense, net of financial instruments	63,800	65,000	53,000	58,400
Change in fair value of contingent consideration	700	800	800	-
Net foreign currency (loss) gain	-2,600	2,400	-3,100	3,200
Change in fair value of contingent consideration	-	-	-	100
Income before income taxes	116,400	93,400	100,400	141,100
Income tax expense	36,200	25,200	28,900	38,200
Net income	80,300	68,100	71,500	102,900

Basic (in dollars per share)	2.34	1.98	1.84	2.56
Basic (in shares)	34,400,000	34,300,000	38,900,000	40,300,000
Diluted (in dollars per share)	2.3	1.98	1.81	2.52
Diluted (in shares)	34,800,000	34,400,000	39,400,000	40,800,000