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- $4.5BMarket Cap
- -8.13%1-Year Change
- Software - InfrastructureIndustry
WEX (WEX)
Key Performance
More- Earnings Score: 54
- Momentum Score: 12
- True Yield: N/A
- Financial Health Score: 30
Latest Research & News
Fuel Card Market Size to Hit USD 2480.39 Billion by 2035 | Research by SNS Insider
The global fuel card market, valued at USD 782.73 billion in 2025, is projected to grow to USD 2.48 trillion by 2035 at a 12.27% CAGR. Growth is driven by fleet digitalization, AI-enabled telematics integration, and unified mobility payment platforms. Asia-Pacific leads with 33.88% market share, while commercial vehicles dominate with 48.36% revenue share. Key players include WEX Inc., FLEETCOR Technologies, and major oil companies.
06/01/2026, 2:44 AM • GlobeNewswire
NAFA’s 2026 Media Day Highlights Groundbreaking Innovations and Industry Advances
The NAFA Fleet Management Association held its annual Media Day at the 2026 Institute & Expo in Cleveland, where ten leading fleet management companies unveiled innovations in AI, data analytics, and vehicle management. Notable announcements included Collective Data's embedded AI platform, Chevin's FleetWave dashboard, Motorq's Fuse AI layer, WEX's EV charging solution, Samsara's commercial navigation system, and HammerHead Armor's selection by Oklahoma Highway Patrol.
04/13/2026, 10:14 PM • GlobeNewswire
Investor Takes $14 Million Position in WEX as Fintech Firm Generates Record $2.7 Billion in Revenue
Clifford Capital Partners initiated a new position in WEX by acquiring 95,326 shares worth $14.20 million in the fourth quarter. WEX reported record revenue of $2.66 billion in 2025 with net income of $304.1 million, driven by strength in benefits and corporate payments segments. The stock has remained flat year-to-date despite the S&P 500's 20% gain.
03/11/2026, 11:04 PM • The Motley Fool
Wex Posts Q2 EPS Beat as Revenue Slips
Wex reported Q2 2025 earnings with adjusted EPS of $3.95, beating analyst expectations. The company experienced revenue decline and margin compression, with the Benefits segment showing resilience while Mobility and Corporate Payments segments faced challenges.
07/23/2025, 9:33 PM • The Motley Fool
Peers
Statistics
MoreInformation as of 06/22/2026
Company Profile
WEX Inc. operates a commerce platform in the United States and internationally. The Mobility segment offers fleet 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 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. WEX Inc. was formerly known as Wright Express Corporation and changed its name to WEX Inc. in October 2012. The company was founded in 1983 and is headquartered in Portland, Maine.
Key Executives
- Melissa D. Smith
- Robert Joseph Deshaies
- Sandra D. Kuohn
- Jennifer Kimball
- Carlos Carriedo
Current Ownership Distribution
- Institutions754.7M (54.00%)
- Mutual Funds642.3M (45.96%)
- Insiders606,471 (0.04%)
- Other0 (0.00%)