---
schema_version: "secwatch.filing_event.v1"
accession: "0001157523-23-000219"
form_type: "8-K"
ticker: "WEX"
cik: "0001309108"
company_name: "WEX Inc."
filed_at: "2023-02-09T23:59:59+00:00"
generated_at: "2026-06-19T19:33:01.697735+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WEX Q4 2022 revenue $618.6M (+24% YoY); adj EPS $3.44 beats guidance; FY23 outlook strong

## Summary
- Q4 GAAP net income $88.7M ($2.02/diluted) vs loss of $11.8M a year ago; adjusted net income $152.8M ($3.44/diluted), up 33%.
- Full year revenue $2.35B (+27%); adjusted EPS $13.53 (+48% YoY). Adjusted free cash flow $782.4M.
- Q1 2023 guidance: revenue $600-610M, adj net income $3.15-$3.25/diluted. Full year 2023: revenue $2.43-2.47B, adj EPS $13.55-14.05.
- Total volume rose 45% to $212B; travel purchase volume up 57%; health SaaS accounts grew 14% to 18.5M.

## SEC filing metadata
- accession: 0001157523-23-000219
- form_type: 8-K
- ticker: WEX
- cik: 0001309108
- company_name: WEX Inc.
- filed_at: 2023-02-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309108/000115752323000219/0001157523-23-000219-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309108/000115752323000219/a53307076.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001157523-23-000219
- JSON: https://secwatch.observer/filing/0001157523-23-000219.json
- Plain text: https://secwatch.observer/filing/0001157523-23-000219.txt

## Key facts
- Earnings Releases
  WEX Inc. reported three months and year ended December 31, 2022 results: revenue Total revenue for the fourth quarter of 2022 increased 24% to $618.6 million, net income net income attributable to shareholders for the fourth quarter of 2022 was $88.7 million, EPS $2.02 per diluted share.
  - Period: three months and year ended December 31, 2022
  - Revenue: Total revenue for the fourth quarter of 2022 increased 24% to $618.6 million
  - Net income: net income attributable to shareholders for the fourth quarter of 2022 was $88.7 million
  - EPS: $2.02 per diluted share
  - Result: reported results
  source text: WEX Inc. Reports Fourth Quarter and Full Year 2022 Financial Results PORTLAND, Maine--(BUSINESS WIRE)--February 9, 2023--WEX Inc. (NYSE: WEX), the global commerce platform that simplifies the business of running a business, today reported financial results for the three months and year ended December 31, 2022.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309108/000115752323000219/0001157523-23-000219-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.