earnings
confidence high
sentiment positive
materiality 0.75
WEX Q3 revenue up 3.9% to $692M; raises FY 2025 guidance; appoints David Foss to board
WEX Inc.
2025-Q3 EPS reported
$6.07
revenue$1,987,900,000
- Q3 GAAP net income $80.3M ($2.30/diluted EPS); adjusted net income $159.7M ($4.59/diluted EPS), up 5.5% YoY.
- Revenue $691.8M (+3.9%); total volume $66.2B (+6.3%); Benefits segment revenue +9.2%; Mobility segment +1.0%.
- Raises full-year 2025 revenue guidance to $2.63-2.65B and adjusted EPS guidance to $15.76-$15.96.
- Appoints David Foss (former Jack Henry CEO) to board effective Nov 3, 2025, increasing board to 12 members.
- Adjusted operating margin 39.5% vs 44.0% prior year; GAAP operating margin 26.5% vs 29.5%.