WEX (WEX) Revenue & Revenue Breakdown

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WEX Revenue Highlights

Latest Revenue (Y)

$2.66B

Latest Revenue (Q)

$691.80M

Main Segment (Y)

Payment Processing Revenue

Main Geography (Y)

UNITED STATES

WEX Revenue by Period

WEX Revenue by Year

Date	Revenue	Change
2025-12-31	$2.66B	1.24%
2024-12-31	$2.63B	3.15%
2023-12-31	$2.55B	8.40%
2022-12-31	$2.35B	27.02%
2021-12-31	$1.85B	18.64%
2020-12-31	$1.56B	-9.50%
2019-12-31	$1.72B	15.48%
2018-12-31	$1.49B	19.55%
2017-12-31	$1.25B	23.32%
2016-12-31	$1.01B	18.47%
2015-12-31	$854.64M	4.52%
2014-12-31	$817.65M	13.96%
2013-12-31	$717.46M	15.13%
2012-12-31	$623.15M	12.67%
2011-12-31	$553.08M	41.67%
2010-12-31	$390.41M	23.86%
2009-12-31	$315.20M	-19.91%
2008-12-31	$393.58M	17.09%
2007-12-31	$336.13M	15.41%
2006-12-31	$291.25M	20.68%
2005-12-31	$241.33M	27.62%
2004-12-31	$189.10M	20.49%
2003-12-31	$156.94M	23.96%
2002-12-31	$126.60M	3.63%
2001-12-31	$122.16M	-

WEX generated $2.66B in revenue during NA 2025, up 1.24% compared to the previous quarter, and up 170.58% compared to the same period a year ago.

WEX Revenue by Quarter

Date	Revenue	Change
2025-09-30	$691.80M	4.88%
2025-06-30	$659.60M	3.61%
2025-03-31	$636.60M	0.02%
2024-12-31	$636.50M	-4.36%
2024-09-30	$665.50M	-1.19%
2024-06-30	$673.50M	3.19%
2024-03-31	$652.70M	-1.60%
2023-12-31	$663.30M	1.83%
2023-09-30	$651.40M	4.84%
2023-06-30	$621.30M	1.52%
2023-03-31	$612.00M	-1.07%
2022-12-31	$618.61M	0.41%
2022-09-30	$616.10M	2.99%
2022-06-30	$598.20M	15.59%
2022-03-31	$517.50M	4.01%
2021-12-31	$497.54M	3.06%
2021-09-30	$482.76M	5.07%
2021-06-30	$459.48M	11.86%
2021-03-31	$410.76M	2.95%
2020-12-31	$398.99M	4.42%
2020-09-30	$382.12M	10.09%
2020-06-30	$347.08M	-19.60%
2020-03-31	$431.68M	-1.90%
2019-12-31	$440.05M	-4.33%
2019-09-30	$459.96M	4.11%
2019-06-30	$441.81M	15.69%
2019-03-31	$381.88M	-0.62%
2018-12-31	$384.24M	-0.61%
2018-09-30	$386.62M	4.27%
2018-06-30	$370.80M	4.50%
2018-03-31	$354.83M	7.10%
2017-12-31	$331.31M	2.25%
2017-09-30	$324.00M	6.62%
2017-06-30	$303.88M	4.30%
2017-03-31	$291.36M	0.18%
2016-12-31	$290.84M	1.07%
2016-09-30	$287.76M	23.01%
2016-06-30	$233.94M	13.60%
2016-03-31	$205.93M	-3.16%
2015-12-31	$212.64M	-5.93%
2015-09-30	$226.06M	5.81%
2015-06-30	$213.65M	5.62%
2015-03-31	$202.28M	-4.52%
2014-12-31	$211.86M	-4.62%
2014-09-30	$222.13M	10.20%
2014-06-30	$201.58M	10.72%
2014-03-31	$182.07M	-0.12%
2013-12-31	$182.28M	-4.83%
2013-09-30	$191.53M	7.43%
2013-06-30	$178.28M	7.81%
2013-03-31	$165.37M	-2.15%
2012-12-31	$169.00M	4.99%
2012-09-30	$160.97M	5.16%
2012-06-30	$153.06M	9.24%
2012-03-31	$140.12M	0.20%
2011-12-31	$139.84M	-7.93%
2011-09-30	$151.88M	7.51%
2011-06-30	$141.27M	17.64%
2011-03-31	$120.09M	4.52%
2010-12-31	$114.90M	14.63%
2010-09-30	$100.23M	9.62%
2010-06-30	$91.44M	9.05%
2010-03-31	$83.85M	0.08%
2009-12-31	$83.78M	-

WEX generated $691.80M in revenue during Q3 2025, up 4.88% compared to the previous quarter, and up 102.72% compared to the same period a year ago.

WEX Revenue Breakdown

WEX Revenue Breakdown by Product

Annual Revenue by Product

Product/Service	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Finance Fee Revenue	$321.30M	$298.20M	$314.20M	-	-
Account Servicing Revenue	$726.00M	$690.60M	-	-	-
Payment Processing Revenue	$1.14B	$1.20B	-	-	-
Product and Service, Other	$470.70M	$438.90M	-	-	-
Other Revenue	-	-	$373.70M	-	-
Fleet Solutions	-	-	-	$1.44B	$1.11B
Health and Employee Benefit Solutions	-	-	-	$504.54M	$414.21M
Travel and Corporate Solutions	-	-	-	$402.31M	$324.92M

WEX's latest annual revenue breakdown by segment (product or service), as of Dec 25: Payment Processing Revenue (42.95%), Account Servicing Revenue (27.29%), Product and Service, Other (17.69%), and Finance Fee Revenue (12.08%).

Quarterly Revenue by Product

Product/Service	Dec 25	Sep 25	Jun 25	Mar 25	Dec 24	Sep 24	Jun 24	Dec 23	Sep 23	Jun 23	Mar 23	Dec 22	Sep 22	Jun 22	Mar 22	Dec 21	Sep 21	Jun 21	Mar 21	Dec 20
Payment Processing Revenue	$284.10M	$301.70M	$285.20M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Account Servicing Revenue	$183.70M	$185.30M	$177.90M	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Finance Fee Revenue	$82.00M	$83.20M	$80.40M	$75.70M	$149.90M	$70.50M	$77.80M	$77.10M	-	-	-	-	-	-	-	-	-	-	-	-
Product and Service, Other	$98.40M	$140.30M	$116.10M	$115.90M	$213.40M	$112.90M	$112.60M	-	-	-	-	-	-	-	-	-	-	-	-	-
Mobility Segment	-	-	-	-	-	-	-	$4.30M	-	-	-	-	-	-	-	-	-	-	-	-
Other Revenue	-	-	-	-	-	-	-	-	$99.50M	-	-	-	-	-	-	-	-	-	-	-
Monthly Fees	-	-	-	-	-	-	-	-	-	$96.20M	$109.00M	$115.19M	$114.86M	$119.03M	$129.38M	$136.67M	$95.27M	-	-	-
Other	-	-	-	-	-	-	-	-	-	$119.70M	$120.40M	$99.96M	$98.61M	$100.27M	$62.32M	$57.85M	$25.63M	-	-	-
Travel and Corporate Solutions	-	-	-	-	-	-	-	-	-	-	-	$110.67M	$81.51M	$74.69M	-	-	-	-	-	-
Fleet Solutions	-	-	-	-	-	-	-	-	-	-	-	$367.21M	$306.83M	$235.38M	-	-	-	-	-	-
Health and Employee Benefit Solutions	-	-	-	-	-	-	-	-	-	-	-	$140.73M	$109.20M	$88.92M	-	-	-	-	-	-
Professional Services	-	-	-	-	-	-	-	-	-	-	-	-	$4.34M	$1.78M	$4.05M	$8.20M	$2.96M	$2.75M	-	-

WEX's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Payment Processing Revenue (43.83%), Account Servicing Revenue (28.34%), Product and Service, Other (15.18%), and Finance Fee Revenue (12.65%).

WEX Revenue Breakdown by Country

Annual Revenue by Country

Country	Dec 25	Dec 24	Dec 23	Dec 22	Dec 21
Non-US	$325.00M	$338.70M	-	-	-
UNITED STATES	$2.34B	$2.29B	$2.19B	$2.06B	$1.64B

WEX's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (87.79%), and Non-US (12.21%).

WEX Peer Comparison by Revenue

Ticker	Company	Last Year Revenue	Last Quarter Revenue
INGM	Ingram Micro	$52.56B	$12.60B
STNE	StoneCo	$5.13B	$1.21B
FOUR	Shift4 Payments	$4.18B	-
WEX	WEX	$2.66B	$691.80M
ACIW	ACI Worldwide	$1.76B	$482.36M
BOX	Box	$1.18B	$301.11M
S	SentinelOne	$821.46M	$258.91M
CLSK	CleanSpark	$766.31M	$181.18M
CWAN	Clearwater Analytics	$731.37M	$205.11M
QLYS	Qualys	$669.13M	$169.88M
CORZ	Core Scientific	$319.02M	$81.10M

WEX Revenue FAQ

What is WEX’s yearly revenue?

WEX's yearly revenue for 2025 was $2.66B, representing an increase of 1.24% compared to 2024. The company's yearly revenue for 2024 was $2.63B, representing an increase of 3.15% compared to 2023. WEX's yearly revenue for 2023 was $2.55B, representing an increase of 8.40% compared to 2022.

What is WEX’s quarterly revenue?

WEX's quarterly revenue for Q3 2025 was $691.8M, a 4.88% increase from the previous quarter (Q2 2025), and a 3.95% increase year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $659.6M, a 3.61% increase from the previous quarter (Q1 2025), and a -2.06% decrease year-over-year (Q2 2024). WEX's quarterly revenue for Q1 2025 was $636.6M, a 0.02% increase from the previous quarter (Q4 2024), and a -2.47% decrease year-over-year (Q1 2024).

What is WEX’s revenue growth rate?

WEX's revenue growth rate for the last 3 years (2023-2025) was 4.43%, and for the last 5 years (2021-2025) was 43.78%.

What are WEX’s revenue streams?

WEX's revenue streams in c 25 are Finance Fee Revenue, Account Servicing Revenue, Payment Processing Revenue, and Product and Service, Other. Finance Fee Revenue generated $321.3M in revenue, accounting 12.08% of the company's total revenue, up 7.75% year-over-year. Account Servicing Revenue generated $726M in revenue, accounting 27.29% of the company's total revenue, up 5.13% year-over-year. Payment Processing Revenue generated $1.14B in revenue, accounting 42.95% of the company's total revenue, down -4.81% year-over-year. Product and Service, Other generated $470.7M in revenue, accounting 17.69% of the company's total revenue, up 7.25% year-over-year.

What is WEX’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of WEX was Payment Processing Revenue. This segment made a revenue of $1.14B, representing 42.95% of the company's total revenue.