secwatch.observer — SEC 8-K summary
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Issuer:     WEX Inc. (WEX)
CIK:        0001309108
Form:       8-K
Filed at:   2025-07-23T23:59:59+00:00
Accession:  0001309108-25-000171
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

WEX Q2 GAAP EPS $1.98, adj EPS $3.95 beats guidance; revenue down 2% to $660M
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- GAAP net income $68.1M ($1.98/share) vs $77.0M ($1.83) YoY; adjusted net income $136.2M ($3.95) vs $164.0M ($3.91).
- Total revenue $659.6M, down 2% YoY, with $15.9M unfavorable impact from fuel prices and spreads.
- Segment metrics: Mobility volume down 1%, Corporate Payments purchase volume down 20% to $20.5B; HSA cash up 11% to $4.7B.
- Q3 2025 guidance: revenue $669-$689M, adjusted EPS $4.30-$4.50; FY2025 revenue $2.61-$2.65B, adj EPS $15.37-$15.77.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1309108/000130910825000171/0001309108-25-000171-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1309108/000130910825000171/wex-20250723.htm
  HTML page:      https://secwatch.observer/filing/0001309108-25-000171

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer