{"schema_version":"secwatch.filing_event.v1","accession":"0001309108-25-000083","form_type":"8-K","ticker":"WEX","cik":"0001309108","company_name":"WEX Inc.","filed_at":"2025-04-30T23:59:59+00:00","discovered_at":"2026-05-14T18:02:47.877259+00:00","generated_at":"2026-05-23T02:04:32.107093+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"WEX Q1 revenue down 2% to $637M; GAAP EPS rises to $1.81, adj EPS $3.51; guides FY rev $2.57-2.63B","bullets":["Revenue $636.6M (-2% YoY) driven by lower fuel prices and FX; GAAP net income $71.5M, $1.81 diluted EPS (vs $1.55).","Adjusted net income $138.4M, $3.51 diluted EPS (+1% YoY); adjusted operating margin 36.7% (down from 38.5%).","Corporate Payments purchase volume dropped 28% to $17.3B; Benefits SaaS accounts grew 6% to 21.5M; HSA assets up 9.5%.","Repurchased $790M of stock in Q1 (~5.1M shares), reducing share count 13.1% through tender offer.","Q2 guidance: rev $640-660M, adj EPS $3.60-3.80; FY guide updated to rev $2.57-2.63B, adj EPS $14.72-15.32."],"urls":{"canonical":"https://secwatch.observer/filing/0001309108-25-000083","json":"https://secwatch.observer/filing/0001309108-25-000083.json","markdown":"https://secwatch.observer/filing/0001309108-25-000083.md","text":"https://secwatch.observer/filing/0001309108-25-000083.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1309108/000130910825000083/0001309108-25-000083-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1309108/000130910825000083/wex-20250430.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-23T02:04:32.107093+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}