NYSE$WEX

WEX Inc · Q3 2025 earnings

Q3 2025 earnings · · After market close · Investor relations

Briefing

WEX reported Q3 2025, revenue of $691.8M, net income of $80.3M, diluted EPS of $2.30.

For Q3 2025, WEX reported revenue of $691.8M, net income of $80.3M, diluted EPS was $2.30. The filing discusses segment trends, liquidity, and management outlook for upcoming periods.

  • Revenue $691.8M.
  • Net income $80.3M.
  • Diluted EPS $2.30.

Headline financials

Total Revenue

$692M

Previous: $666M+4.0%
EPS (adj)

$2.30

Previous: $2.52-8.7%
Total volume

$66.2B

No prior period
Mobility transactions

140.0M

Previous: 146.5M-4.4%
Fuel gallons processed

3.6B

Previous: 3.7B-2.4%
Avg US fuel price

$3.38

Previous: $3.45-2.0%
Fuel dollars processed

$12.6B

Previous: $13.2B-4.4%
Net processing rate

0.0%

Previous: 0.0%-3.6%
Late fee revenue

$67.2M

Previous: $59M+13.9%
Net late fee rate

0.0%

Previous: 0.0%+17.8%
Avg SaaS accounts

21.5M

Previous: 20.3M+5.9%
Benefits purchase volume

$1.77B

Previous: $1.65B+7.6%
Corporate purchase volume

$23.2B

Previous: $23.4B-0.9%
Total volume processed

$43.3B

No prior period
Net interchange rate

0.0%

Previous: 0.0%+4.4%
Processing revenue

$110M

Previous: $105M+4.7%
Capital Expenditures

-$102M

Previous: -$109M+5.9%
Net Income

$80.3M

Previous: $103M-22.0%
Operating Income

$184M

Previous: $196M-6.5%

Revenue & EPS history

WEX · Revenue · Quarterly

$692M

Q3 2025+4%vs Q3 2024
Beat estimate in 9 of 14 quarters(64%)
ActualEstimate

Revenue by segment

WEX · $651M total across 3 segments · Q3 2023

  • Mobility
    $350M
  • Benefits
    $166M
  • Corporate Payments
    $135M

Forward guidance

The filing discusses WEX's outlook, capital allocation, and key risks for upcoming quarters, including guidance ranges or operating priorities where disclosed.

Tailwinds

  • WEX cites demand and execution supporting the near-term outlook.
  • Liquidity and balance-sheet capacity support operations and shareholder returns.

Headwinds

  • Macro, input costs, and FX may pressure margins quarter to quarter.
  • Segment mix and one-time items can affect comparability versus prior periods.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q3 2025

Historical avgQ3 2025

-1.8%

Avg return

Earnings day

-3.3%

Avg return

5 days after

-2.2%

Avg return

30 days after

39%

27 / 69 earnings

Positive

+10.0%

Q3 2022

Best reaction

-18.7%

Q3 2021

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026-3.0%-17.6%-18.7%
Q4 2025-0.2%+11.5%+12.2%
Q3 2025-1.6%-3.9%-3.7%
Q2 2025-0.4%-3.5%-3.1%
Q1 2025-6.8%-6.2%+2.0%
Q4 2024-18.7%-17.1%-15.0%
Q3 2024-16.0%-18.7%-13.0%
Q2 2024+0.9%+3.0%+3.8%
Q1 2024-7.2%-9.5%-19.5%
Q4 2023+4.8%+4.2%+13.1%
Q3 2023-9.5%-7.7%-2.8%
Q2 2023-4.3%-2.5%-4.5%
Q1 2023+1.7%-4.0%-2.9%
Q4 2022+7.9%+6.6%-3.5%
Q3 2022+10.0%+11.9%+10.8%
Q2 2022-2.4%-1.6%-5.8%
Q1 2022+1.3%+1.3%+3.1%
Q4 2021+2.9%+4.7%-2.7%
Q3 2021-18.7%-21.9%-28.4%
Q2 2021-6.5%-10.1%-9.2%
Q1 2021-9.5%-9.9%-13.6%
Q4 2020-5.2%-6.9%-4.4%
Q3 2020-5.3%+0.1%+35.9%
Q2 2020-7.0%-5.4%-3.7%
Q1 2020+2.7%-3.2%+35.4%
Q4 2019+5.4%+4.6%-38.4%
Q3 2019-5.5%-4.4%-1.3%
Q2 2019-7.3%-11.4%-6.2%
Q1 2019+0.1%-2.9%-9.2%
Q4 2018+2.6%-0.2%+8.7%
Q3 2018+4.1%+0.8%-7.6%
Q2 2018-1.7%-0.9%-0.3%
Q1 2018+4.5%+5.5%+10.2%
Q4 2017+8.8%+8.5%+6.9%
Q3 2017-0.5%-0.9%+2.7%
Q2 2017-2.1%-5.4%-6.3%
Q1 2017-5.0%-7.1%-3.2%
Q4 2016-6.6%-6.9%-10.7%
Q3 2016+6.6%+0.1%+3.0%
Q2 2016-1.4%-4.6%+2.9%
Q1 2016+4.1%
Q4 2015-11.9%
Q3 2015-3.4%
Q2 2015-4.9%
Q1 2015-0.4%
Q4 2014+0.7%
Q3 2014+3.0%
Q2 2014+2.7%
Q1 2014+0.6%
Q4 2013+5.3%
Q3 2013+6.9%
Q2 2013+4.6%
Q1 2013-9.3%
Q4 2011-0.1%
Q4 2012-5.9%
Q3 2012+2.8%
Q2 2012+2.7%
Q1 2012+0.7%
Q3 2011-1.5%
Q2 2011-4.1%
Q1 2010-1.8%
Q1 2011+1.5%
Q4 2008-2.4%
Q4 2010-2.4%
Q3 2009-2.6%
Q3 2010-2.6%
Q2 2009-5.0%
Q4 2009-5.0%
Q2 2010-5.0%

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