---
schema_version: "secwatch.filing_event.v1"
accession: "0001309108-24-000114"
form_type: "8-K"
ticker: "WEX"
cik: "0001309108"
company_name: "WEX Inc."
filed_at: "2024-04-25T23:59:59+00:00"
generated_at: "2026-06-03T07:36:42.497168+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# WEX Q1 revenue up 7% to record $653M; raises full-year guidance

## Summary
- Q1 GAAP EPS $1.55; adjusted EPS $3.46, up 5% YoY from $3.31.
- Segment growth: Benefits +16%, Corporate Payments +17%; Mobility flat.
- Full-year 2024 revenue guidance raised to $2.73-2.77B (from $2.70-2.74B); adjusted EPS guidance raised to $16.10-16.60.
- Company repurchased 353K shares for ~$73.6M in Q1.
- New long-term agreement with Booking.com announced; included in guidance.

## SEC filing metadata
- accession: 0001309108-24-000114
- form_type: 8-K
- ticker: WEX
- cik: 0001309108
- company_name: WEX Inc.
- filed_at: 2024-04-25T23:59:59+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/1309108/000130910824000114/0001309108-24-000114-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309108/000130910824000114/wex-20240425.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001309108-24-000114
- JSON: https://secwatch.observer/filing/0001309108-24-000114.json
- Plain text: https://secwatch.observer/filing/0001309108-24-000114.txt

## Key facts
- Earnings Releases
  WEX Inc. reported the three months ended March 31, 2024 results: revenue $652.7 million, net income $65.8 million, EPS $1.55 per diluted share. Guidance raised.
  - Period: the three months ended March 31, 2024
  - Revenue: $652.7 million
  - Net income: $65.8 million
  - EPS: $1.55 per diluted share
  - Guidance: raised
  - Result: reported results
  source text: Total revenue for the first quarter of 2024 increased 7% to $652.7 million from $612.0 million for the first quarter of 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1309108/000130910824000114/0001309108-24-000114-index.htm

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