Financial insights of WEX

MyFinsight

For the year ending 2025-12-31, WEX made $2,660.8M in revenue. $304.1M in net income. Net profit margin of 11.43%.

Unit: Million (M) dollars (except for numbers of shares and EPS)

Income Statement	2025-12-31	2024-12-31
Total revenues	2,660.8	2,628.2
Processing costs	665.2	647.7
Service fees	95.9	83.7
Provision for credit losses	78.4	68.2
Operating interest	109	104.1
Depreciation and amortization	152.1	134
Total cost of services	1,100.6	1,037.8
General and administrative	330.2	375.8
Sales and marketing	387	341
Depreciation and amortization	179	187.3
Operating income	663.9	686.3
Financing interest expense, net of financial instruments	240.6	235.9
Net foreign currency (loss) gain	-0.2	-26.1
Change in fair value of contingent consideration	2.9	6.5
Loss on extinguishment of convertible notes	0	-
Income before income taxes	420.2	417.8
Income tax provision	116.1	108.2
Net income	-	309.6
Net income attributable to shareholders	304.1	309.6
Net income attributable to shareholders	-	309.6

Basic (in dollars per share)	8.57	7.59
Basic (in shares)	35,500,000	40,800,000
Diluted (in dollars per share)	8.47	7.5
Diluted (in shares)	35,900,000	41,300,000