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Companies/WEX Inc.
Company profile

WEX Inc.

NYSE: WEX · Technology · Software - Infrastructure
PublicHQ Portland, ME · CumberlandCIK 0001309108Reports USD
#160 of 1,109 Technology companies by revenue39th-percentile growth
EA Score
79B+
FH 75DQ 95GM 56SS 80
v0.1 · 65/100 weight · provisional
↑ filing timeliness, operating margin · ↓ balance-sheet leverage, revenue growth (YoY)
Methodology →
Revenue TTM
$2.7B
Rev growth YoY (TTM)
+3.3%
Net income (FY)
$304.1M
Employees
6,500
Market cap
$5.1B
OverviewFinancialsSegmentsFilingsESGPeople & Places

Financials — latest annual

SEC EDGAR · USD-normalized
ConceptUSDNativeFY
Revenue$1.8B$1.8B2025
Net income$304.1M$304.1M2025
Operating income$663.9M$663.9M2025
Total assets$14.4B$14.4B2025
Liabilities$13.2B$13.2B2025
Equity$1.2B$1.2B2025

Revenue trend

FY2019 – FY2025 · USD
$460.0M
FY19
$1.2B
FY19
$1.1B
FY20
$1.3B
FY21
$1.7B
FY22
$1.8B
FY23
$1.9B
FY24
$1.8B
FY25

Revenue by segment

Filed disclosures · FY2025
By product
Payment Processing Revenue43%
Account Servicing Revenue27%
Product and Service, Other18%
Finance Fee Revenue12%
By geography
UNITED STATES88%
Non-US12%
The read

WEX Inc. booked $1.8B in FY2025 revenue, contracting 1.2% year over year — slower than 61% of Technology companies we track, at a 16.5% net margin.

Peers · Technology
Klaviyo, Inc.60CVaronis Systems, Inc.62CRemitly Global, Inc.67BZeta Global Holdings Corp.60C
Neighbors
Cumberland →
IDEXX Laboratories, Inc.$4.3B88ANortheast Bank——ASA Gold and Precious Metals Limited——Elmet Group Co.——ImmuCell Corporation$27.6M63CSynergy CHC Corp.$30.4M35D
Key facts
CEOMelissa D. Smith
SectorTechnology
IndustrySoftware - Infrastructure
HeadquartersPortland, ME
ExchangeNYSE: WEX
Employees6,500
IPO date2005-02-16
Latest filings
8-K2026-05-148-K2026-05-0410-Q2026-04-238-K2026-04-2210-K2026-02-138-K2026-02-048-K2026-01-1210-Q2025-10-30
Financials: SEC EDGAR (XBRL), USD-normalized per IAS 21 · TTM/quarterly + segments: FMP from filed disclosures · Filings: EDGAR submissions. County headcount and EA Score are in progress — see docs/DATA_GAPS.md.
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