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WEX Inc
NYSE:WEX

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WEX Inc Logo
WEX Inc
NYSE:WEX
Watchlist
Price: 229.87 USD -1.56%
Updated: Apr 18, 2024

Income Statement

Earnings Waterfall
WEX Inc

Revenue
2.5B USD
Cost of Revenue
-889.1m USD
Gross Profit
1.7B USD
Operating Expenses
-927.6m USD
Operating Income
731.3m USD
Other Expenses
-464.7m USD
Net Income
266.6m USD

Income Statement
WEX Inc

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Income Statement
Currency: USD
Dec-2013 Mar-2014 Jun-2014 Sep-2014 Dec-2014 Mar-2015 Jun-2015 Sep-2015 Dec-2015 Mar-2016 Jun-2016 Sep-2016 Dec-2016 Mar-2017 Jun-2017 Sep-2017 Dec-2017 Mar-2018 Jun-2018 Sep-2018 Dec-2018 Mar-2019 Jun-2019 Sep-2019 Dec-2019 Mar-2020 Jun-2020 Sep-2020 Dec-2020 Mar-2021 Jun-2021 Sep-2021 Dec-2021 Mar-2022 Jun-2022 Sep-2022 Dec-2022 Mar-2023 Jun-2023 Sep-2023 Dec-2023
Revenue
Revenue
718
N/A
734
+2%
758
+3%
788
+4%
818
+4%
838
+2%
850
+1%
854
+0%
855
+0%
858
+0%
879
+2%
940
+7%
1 013
+8%
1 104
+9%
1 174
+6%
1 210
+3%
1 249
+3%
1 311
+5%
1 378
+5%
1 437
+4%
1 493
+4%
1 520
+2%
1 591
+5%
1 668
+5%
1 724
+3%
1 774
+3%
1 679
-5%
1 601
-5%
1 560
-3%
1 539
-1%
1 651
+7%
1 752
+6%
1 851
+6%
1 957
+6%
2 096
+7%
2 229
+6%
2 351
+5%
2 445
+4%
2 468
+1%
2 503
+1%
2 548
+2%
Gross Profit
Cost of Revenue
(291)
(303)
(310)
(332)
(353)
(371)
(389)
(391)
(396)
(410)
(432)
(471)
(446)
(502)
(506)
(493)
(489)
(498)
(500)
(506)
(510)
(530)
(555)
(575)
(618)
(652)
(657)
(654)
(649)
(627)
(641)
(667)
(693)
(738)
(789)
(856)
(910)
(944)
(939)
(904)
(889)
Gross Profit
426
N/A
431
+1%
448
+4%
457
+2%
465
+2%
467
+0%
462
-1%
463
+0%
458
-1%
448
-2%
446
0%
469
+5%
566
+21%
602
+6%
668
+11%
717
+7%
759
+6%
813
+7%
879
+8%
931
+6%
983
+6%
989
+1%
1 036
+5%
1 093
+6%
1 106
+1%
1 122
+1%
1 022
-9%
947
-7%
911
-4%
912
+0%
1 010
+11%
1 085
+7%
1 158
+7%
1 220
+5%
1 307
+7%
1 374
+5%
1 441
+5%
1 501
+4%
1 529
+2%
1 599
+5%
1 659
+4%
Operating Income
Operating Expenses
(145)
(149)
(152)
(162)
(180)
(187)
(199)
(208)
(216)
(219)
(225)
(257)
(376)
(372)
(420)
(458)
(477)
(528)
(536)
(539)
(556)
(581)
(632)
(667)
(673)
(690)
(660)
(661)
(716)
(1 010)
(791)
(816)
(796)
(797)
(794)
(799)
(805)
(968)
(992)
(881)
(928)
Selling, General & Administrative
(47)
(49)
(50)
(52)
(79)
(82)
(86)
(88)
(96)
(99)
(101)
(105)
(297)
(178)
(241)
(315)
(347)
(378)
(403)
(416)
(436)
(454)
(498)
(531)
(531)
(538)
(506)
(505)
(559)
(593)
(635)
(659)
(635)
(628)
(633)
(638)
(647)
(663)
(684)
(716)
(756)
Depreciation & Amortization
(58)
(59)
(59)
(65)
(70)
(77)
(82)
(84)
(83)
(84)
(86)
(112)
(79)
(151)
(160)
(146)
(130)
(128)
(126)
(123)
(120)
(121)
(129)
(136)
(142)
(151)
(154)
(156)
(157)
(155)
(156)
(157)
(160)
(163)
(162)
(160)
(158)
(159)
(162)
(165)
(172)
Other Operating Expenses
(40)
(41)
(43)
(45)
(30)
(28)
(31)
(37)
(37)
(37)
(38)
(41)
0
(42)
(19)
3
0
(23)
(7)
0
0
(6)
(6)
0
0
0
0
0
0
(262)
0
0
0
(6)
0
0
0
(146)
(146)
0
0
Operating Income
281
N/A
282
+0%
296
+5%
294
-1%
285
-3%
279
-2%
262
-6%
254
-3%
242
-5%
229
-5%
222
-3%
212
-4%
190
-10%
231
+21%
248
+8%
260
+5%
283
+9%
285
+1%
343
+20%
392
+14%
427
+9%
408
-4%
404
-1%
426
+5%
433
+2%
433
N/A
362
-16%
286
-21%
194
-32%
(98)
N/A
219
N/A
269
+23%
362
+35%
423
+17%
512
+21%
575
+12%
636
+11%
533
-16%
538
+1%
718
+34%
731
+2%
Pre-Tax Income
Interest Income Expense
(43)
(32)
(46)
(42)
(10)
(19)
(26)
(20)
(52)
(43)
(58)
(91)
(121)
(136)
(124)
(111)
(99)
(99)
(133)
(149)
(180)
(214)
(216)
(250)
(212)
(257)
(237)
(212)
(234)
(164)
(150)
(145)
(111)
(56)
(66)
(70)
(91)
(181)
(203)
(243)
(284)
Non-Reccuring Items
0
0
0
27
28
20
20
(7)
(8)
(2)
(6)
(8)
(19)
0
(19)
(16)
(24)
0
0
(9)
(8)
0
0
(3)
(5)
0
0
(46)
(262)
0
(268)
(221)
(11)
0
0
(136)
(146)
0
0
(79)
(70)
Total Other Income
0
0
0
(2)
(1)
0
0
2
2
2
2
0
(1)
0
0
0
15
15
15
15
(1)
0
0
0
1
0
0
0
1
0
(47)
(41)
(36)
(53)
(94)
(130)
(139)
(124)
(37)
(10)
(9)
Pre-Tax Income
238
N/A
250
+5%
250
0%
278
+11%
302
+8%
279
-7%
255
-9%
229
-10%
185
-19%
187
+1%
160
-14%
113
-29%
49
-57%
94
+93%
105
+12%
132
+26%
174
+32%
201
+15%
225
+12%
248
+10%
239
-4%
193
-19%
187
-3%
172
-8%
217
+26%
177
-18%
126
-29%
28
-78%
(301)
N/A
(262)
+13%
(246)
+6%
(138)
+44%
204
N/A
313
+54%
352
+12%
238
-33%
261
+10%
228
-13%
297
+30%
385
+30%
369
-4%
Net Income
Tax Provision
(90)
(94)
(93)
(92)
(102)
(95)
(88)
(94)
(75)
(74)
(62)
(37)
(29)
(31)
(37)
(50)
(76)
(79)
(81)
(81)
(69)
(58)
(58)
(58)
(61)
(50)
(18)
(20)
21
17
(2)
(0)
(68)
(112)
(127)
(108)
(93)
(81)
(89)
(114)
(102)
Income from Continuing Operations
148
156
157
187
200
184
168
135
110
113
98
76
20
63
68
83
98
122
144
167
170
136
129
114
155
127
108
8
(281)
(245)
(248)
(139)
136
202
226
130
167
147
208
270
267
Income to Minority Interest
1
1
2
2
2
4
4
(7)
(8)
(10)
(10)
1
3
4
3
3
1
0
(1)
(1)
(2)
(1)
(19)
(47)
(56)
(60)
17
37
37
15
(88)
(84)
(136)
(76)
(32)
(29)
34
0
0
0
0
Net Income (Common)
149
N/A
157
+5%
158
+1%
189
+19%
202
+7%
188
-7%
171
-9%
129
-25%
102
-21%
103
+1%
89
-14%
76
-14%
24
-69%
67
+185%
72
+7%
86
+20%
160
+87%
183
+14%
204
+12%
227
+11%
168
-26%
135
-20%
110
-18%
68
-39%
99
+47%
67
-33%
125
+89%
45
-64%
(244)
N/A
(230)
+6%
(336)
-46%
(222)
+34%
0
N/A
125
+91 480%
193
+54%
101
-48%
201
+99%
147
-27%
208
+42%
270
+30%
267
-1%
EPS (Diluted)
3.81
N/A
4.01
+5%
4.06
+1%
4.83
+19%
5.18
+7%
4.82
-7%
4.39
-9%
3.31
-25%
2.62
-21%
2.64
+1%
2.28
-14%
1.77
-22%
0.57
-68%
1.55
+172%
1.66
+7%
1.99
+20%
3.71
+86%
4.2
+13%
4.68
+11%
5.21
+11%
3.86
-26%
3.09
-20%
2.53
-18%
1.55
-39%
2.26
+46%
1.52
-33%
2.86
+88%
1.01
-65%
-5.56
N/A
-5.19
+7%
-7.51
-45%
-4.91
+35%
0
N/A
2.77
N/A
4.28
+55%
2.28
-47%
4.5
+97%
3.36
-25%
4.77
+42%
6.23
+31%
6.16
-1%

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