To the full analysis
WEX stock: growth
WEXWEX reported $2.66B in revenue for fiscal 2025, up 1.2% on the prior year, up 11.3% a year on average over up to five years.
Daily figure as of 13 Nov 2026
Revenue (Annual rate)
12.3%
per year from 2006 to 2025, per share 13.1%
Earnings (Annual rate)
7.7%
per year from 2006 to 2025, per share 8.4%
Free cash flow (Annual rate)
10.4%
per year from 2006 to 2025, per share 11.1%
Growth per year by period
What reaches shareholders is growth per share: buybacks lift it, new shares dilute it.
| since 2020 | since 2015 | since 2006 | |
|---|---|---|---|
| Revenue | 11.3% | 12.0% | 12.3% |
| Revenue per share | 16.1% | 13.0% | 13.1% |
| Earnings | no data | 11.6% | 7.7% |
| Earnings per share | no data | 12.5% | 8.4% |
| Free cash flow | −16.6% | −1.9% | 10.4% |
| Free cash flow per share | −13.0% | −1.1% | 11.1% |
Fiscal years at a glance
How revenue and earnings grow
- Revenue
- Earnings
- Free cash flow
Figures as a table
| Year | Revenue | Earnings | Free cash flow |
|---|---|---|---|
| 2006 | $291.25M | $74.61M | $47.98M |
| 2007 | $336.13M | $51.58M | −$108.71M |
| 2008 | $393.58M | $127.64M | $323.02M |
| 2009 | $315.2M | $139.66M | −$51.02M |
| 2010 | $390.41M | $87.63M | −$39.49M |
| 2011 | $553.08M | $133.62M | $22.68M |
| 2012 | $623.15M | $96.92M | $43.78M |
| 2013 | $717.46M | $149.21M | $96K |
| 2014 | $817.65M | $202.21M | $238.28M |
| 2015 | $854.64M | $101.9M | $381.61M |
| 2016 | $1.01B | $23.5M | −$216.93M |
| 2017 | $1.25B | $160.06M | $53.67M |
| 2018 | $1.49B | $168.3M | $313.08M |
| 2019 | $1.72B | $99.01M | $560.31M |
| 2020 | $1.56B | −$243.64M | $776.55M |
| 2021 | $1.85B | $100K | $64.36M |
| 2022 | $2.35B | $201.4M | $563.2M |
| 2023 | $2.55B | $266.6M | $763.9M |
| 2024 | $2.63B | $309.6M | $334.1M |
| 2025 | $2.66B | $304.1M | $313.7M |
Revenue by segment
How WEX Inc. makes its money and how that has shifted. Names are as the company reports them.
- Payment Processing Revenue43%
- Account Servicing Revenue27%
- Product and Service, Other18%
- Finance Fee Revenue12%
Figures as a table
| 2021 | 2022 | 2023 | 2024 | 2025 | Share 2025 | |
|---|---|---|---|---|---|---|
| Payment Processing Revenue | $858.99M | $1.16B | $1.21B | $1.2B | $1.14B | 42.9% |
| Account Servicing Revenue | $526.86M | $569.28M | $646.4M | $690.6M | $726M | 27.3% |
| Product and Service, Other | $209.37M | $264.85M | $373.7M | $438.9M | $470.7M | 17.7% |
| Finance Fee Revenue | $255.32M | $360.47M | $314.2M | $298.2M | $321.3M | 12.1% |
| Total revenue | $1.85B | $2.35B | $2.55B | $2.63B | $2.66B | 100% |
Revenue by region
Where WEX Inc. generates its revenue.
- United States88%
- Outside the US12%
Figures as a table
| 2024 | 2025 | Share 2025 | |
|---|---|---|---|
| United States | $2.29B | $2.34B | 87.8% |
| Outside the US | $338.7M | $325M | 12.2% |
| Total revenue | $2.63B | $2.66B | 100% |
Data status and sources
- Score
- Daily value of 13 Nov 2026, recalculated nightly
- Price
- Closing price of 12 Nov 2026
- Latest annual report
- Fiscal year 2025, period end 31 Dec 2025
- Source
- Financial statements, ratios and prices from Financial Modeling Prep (FMP), based on the company's reports. MEQIRI calculates the score and fair value from them.
Mandatory disclosures for this rating
- ; time horizon around 12 months
- Rated Neutral, published since 7 Nov 2026 (in the score history since 4 Sep 2026)
- Valuation signal Fairly valued since 7 Nov 2026
- End-of-day prices, metrics cached for up to 24 hours
- Score and fair value are estimates from a disclosed model. They are not facts and not a price target.
- Produced by SSM Ventures UG (haftungsbeschränkt), responsible person Sven Brostmeyer, Managing Director, automatically according to the disclosed model.
- Not investment advice. Losses up to and including a total loss are possible. Personal circumstances are not considered.