Industrials [ 5/12 ] | Professional Services [ 45/74 ]
NYSE | Common Stock
WEX Inc. operates a commerce platform in the United States and internationally.
The Mobility segment offers fleet vehicle payment solutions, transaction processing, and information management services; and provides account activation and account retention services; authorization and billing inquiries, and account maintenance services; account management; credit and collections services; merchant services; analytics solutions; and ancillary services and offerings.
This segment markets its products directly and indirectly to businesses and government agencies with fleets of commercial vehicles; and indirectly through co-branded and private label relationships.
The Corporate Payments segment provides payment solutions, including embedded payments; and accounts payable automation and spend management solutions.
This segment also markets its products directly and indirectly to customers in travel, fintech, insurance, consumer bill pay, and media verticals.
The Benefits Solutions segment offers software-as-a-service (SaaS) platform for consumer directed healthcare benefits and full-service benefit enrollment solutions.
In addition, its SaaS platform includes embedded payment solutions and plan administration services for consumer-directed health benefits; COBRA accounts; and benefit enrollment and administration services.
Further, it offers custodial and depository services for health savings accounts; and markets its products through third-party administrators, financial institutions, payroll providers, and health plans.
The company was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012.
WEX Inc. was founded in 1983 and is based in Portland, Maine.
| Reported date | EPSChange YoY | EstimateSurprise |
|---|---|---|
| Jul 25, 24 | 3.90 Increased by +7.44% | 3.72 Increased by +4.84% |
| Apr 25, 24 | 3.46 Increased by +4.53% | 3.48 Decreased by -0.57% |
| Feb 8, 24 | 3.82 Increased by +11.05% | 3.70 Increased by +3.24% |
| Oct 26, 23 | 4.05 Increased by +15.38% | 3.77 Increased by +7.43% |
| Jul 27, 23 | 3.63 Decreased by -2.16% | 3.51 Increased by +3.42% |
| Apr 27, 23 | 3.31 Increased by +14.93% | 3.20 Increased by +3.44% |
| Feb 9, 23 | 3.44 Increased by +33.33% | 3.22 Increased by +6.83% |
| Oct 27, 22 | 3.51 Increased by +43.27% | 3.42 Increased by +2.63% |
| Fiscal ending date | RevenueChange YoY | IncomeChange YoY | ProfitChange YoY |
|---|---|---|---|
| Sep 30, 24 | 665.50 M Increased by +2.16% | 102.90 M Increased by +459.24% | Increased by +15.46% Increased by +447.39% |
| Jun 30, 24 | 673.50 M Increased by +8.40% | 77.00 M Decreased by -19.20% | Increased by +11.43% Decreased by -25.46% |
| Mar 31, 24 | 652.70 M Increased by +6.65% | 65.80 M Decreased by -3.24% | Increased by +10.08% Decreased by -9.27% |
| Dec 31, 23 | 663.30 M Increased by +7.22% | 84.90 M Decreased by -4.27% | Increased by +12.80% Decreased by -10.72% |
| Sep 30, 23 | 651.40 M Increased by +5.72% | 18.40 M Increased by +141.68% | Increased by +2.82% Increased by +139.42% |
| Jun 30, 23 | 621.30 M Increased by +3.86% | 95.30 M Increased by +179.47% | Increased by +15.34% Increased by +169.10% |
| Mar 31, 23 | 612.00 M Increased by +18.25% | 68.00 M Decreased by -23.41% | Increased by +11.11% Decreased by -35.23% |
| Dec 31, 22 | 618.61 M Increased by +24.33% | 88.69 M Increased by +854.18% | Increased by +14.34% Increased by +706.57% |