---
schema_version: "secwatch.filing_event.v1"
accession: "0001309108-24-000198"
form_type: "8-K"
ticker: "WEX"
cik: "0001309108"
company_name: "WEX Inc."
filed_at: "2024-10-24T23:59:59+00:00"
generated_at: "2026-05-30T10:22:40.344196+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# WEX Q3 revenue $665M (+2%), GAAP EPS $2.52, adj. EPS $4.35; lowers FY outlook

## Summary
- Revenue $665.5M, +2% YoY; GAAP net income $102.9M ($2.52/diluted) vs $18.4M ($0.42) prior year.
- Adjusted net income $177.5M ($4.35/diluted), +7% per diluted share from $176.8M ($4.05) prior year.
- Mobility segment challenged by macro trends; total volume $62.3B (+1%); Corporate Payments volume down 16% to $23.4B.
- Q4 guidance: revenue $630-640M, adjusted EPS $3.51-3.61; full year revenue cut to $2.62-2.63B.
- Spent $370M on share repurchases in Q3; Board increased buyback authorization by $1B.

## SEC filing metadata
- accession: 0001309108-24-000198
- form_type: 8-K
- ticker: WEX
- cik: 0001309108
- company_name: WEX Inc.
- filed_at: 2024-10-24T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1309108/000130910824000198/0001309108-24-000198-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1309108/000130910824000198/wex-20241024.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001309108-24-000198
- JSON: https://secwatch.observer/filing/0001309108-24-000198.json
- Plain text: https://secwatch.observer/filing/0001309108-24-000198.txt

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