WEX Inc. reported first quarter 2026 results: revenue $673.8 million, net income $77.7 million, or $2.22 per diluted share, EPS $2.22 per diluted share. Guidance raised.
“amended, unless specifically identified as being incorporated into it by reference. --- EX-99.1 (EX-99.1) --- WEX Inc. Reports First Quarter 2026 Financial Results Revenue of $673.8 million increased 5.8% compared to the prior year GAAP net income of $2.22 per diluted share and adjusted net income of $4.15 per diluted share, an incre ase of 22.7% and 18.2%”
Shareholder Votes
WEX Inc. shareholders approved Ratification of appointment of Deloitte & Touche, LLP as independent registered public accounting firm for fiscal year ending December 31, 2024 at the 2024-05-09 meeting.
“The appointment of Deloitte & Touche, LLP as the independent registered public accounting firm for the Company for the fiscal year ending December 31, 2024 was ratified. For: 37,198,673 Against: 567,697 Abstain: 19,810”
Shareholder Votes
WEX Inc. shareholders approved A non-binding, advisory proposal on the compensation of the Company’s named executive officers at the 2024-05-09 meeting.
“A non-binding, advisory proposal on the compensation of the Company’s named executive officers was approved. For: 37,012,270 Against: 751,625 Abstain: 22,285”
Shareholder Votes
WEX Inc. shareholders approved Election of Directors at the 2024-05-09 meeting.
“The following nominees were elected to the Company’s Board of Directors as directors each for a one-year term, expiring at the Company’s 2025 annual meeting of stockholders, and until their respective successors are elected and qualified. Nancy Altobello For: 36,728,777 Against: 1,035,668 Abstain: 21,735”
Debt Financings
WEX Inc. amended term loan of $900 million with Bank of America, N.A. maturing May 10, 2029.
“increases the size of the Company’s tranche A term loan facility from $844 million to $900 million”
Debt Financings
WEX Inc. amended revolving credit of $1.6 billion with Bank of America, N.A. at 1.50% for SOFR loans and 0.50% for base rate loans maturing May 10, 2029.
“extends the maturity date of the Company’s revolving credit facility and tranche A term loans from April 1, 2026 to May 10, 2029, (ii) increases commitments under the Company’s revolving credit facility from $1.43 billion to $1.6 billion”
Material Agreements
WEX Inc. amended Fifth Amendment to Amended and Restated Credit Agreement with Bank of America, N.A., as administrative agent (effective 2024-05-10).
“On May 10, 2024, WEX Inc. (the “Company”) and certain of its subsidiaries entered into the Fifth Amendment to Amended and Restated Credit Agreement (the “Fifth Amendment”), which amends that certain Amended and Restated Credit Agreement, dated as of April 1, 2021, by and among the Company and certain of its subsidiaries identified therein, the lenders party thereto from time to time, and Bank of America, N.A., as administrative agent on behalf of the lenders”
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.
“Total revenue for the first quarter of 2024 increased 7% to $652.7 million from $612.0 million for the first quarter of 2023.”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.