SuperworthWEX profit margin WEX
Gross, operating and net profit as a share of revenue over the last twelve months, from 2010.
- Net margin, 12 months
- 12.6%
- Operating margin, 12 months
- 25.5%
- Net margin on a year earlier
- +0.8 pts
- Peer median
- 16.1%
Over the twelve months to Jun 30, 2026, WEX kept 12.6% of its revenue as net profit, with an operating margin of 25.5% and a gross margin of 59.6%.
Five years earlier its net margin was −15.2%.
The median for 10 credit services stocks of a similar size is 16.1%.
Profit margin over time
Fiscal year by fiscal year
| Fiscal year | Net margin | Operating margin | Gross margin |
|---|---|---|---|
| FY2025 | 11.4% | 25.0% | 58.6% |
| FY2024 | 11.8% | 26.1% | 60.5% |
| FY2023 | 10.5% | 25.4% | 61.8% |
| FY2022 | 7.1% | 20.0% | 60.4% |
| FY2021 | 7.3% | 18.5% | 62.1% |
| FY2020 | −18.2% | −5.9% | 56.8% |
| FY2019 | 9.1% | 22.4% | 61.7% |
| FY2018 | 11.3% | 25.5% | 63.3% |
| FY2017 | 12.8% | 18.7% | 58.8% |
| FY2016 | 6.0% | 19.2% | 82.7% |
| FY2015 | 13.0% | 26.8% | 83.8% |
| FY2014 | 24.7% | 37.5% | 85.3% |
| FY2013 | 20.8% | 38.6% | 85.6% |
| FY2012 | 15.6% | 35.6% | 83.4% |
| FY2011 | 24.2% | 42.2% | 87.3% |
Quarter by quarter
| Quarter | Ended | Net margin, 12 months | Change on a year | Operating margin |
|---|---|---|---|---|
| Q2 FY26 | 12.6% | +0.8 pts | 25.5% | |
| Q1 FY26 | 11.5% | −0.6 pts | 24.6% | |
| Q4 FY25 | 11.4% | −0.3 pts | 25.0% | |
| Q3 FY25 | 10.8% | −1.6 pts | 25.0% | |
| Q2 FY25 | 11.8% | +2.5 pts | 25.7% | |
| Q1 FY25 | 12.1% | +1.9 pts | 26.0% | |
| Q4 FY24 | 11.8% | +1.3 pts | 26.1% | |
| Q3 FY24 | 12.5% | +1.7 pts | 25.9% | |
| Q2 FY24 | 9.3% | +0.9 pts | 25.2% | |
| Q1 FY24 | 10.2% | +4.2 pts | 25.4% | |
| Q4 FY23 | 10.5% | +3.4 pts | 25.4% | |
| Q3 FY23 | 10.8% | +5.0 pts | 25.7% |
Against its peers
Companies in Financial - Credit Services nearest WEX's size, closest first, today.
| Company | Profit margin |
|---|---|
| WEXWEX | 12.6% |
| EXLSExlService | 11.2% |
| OMFOneMain | 15.4% |
| ZGZillow | 2.0% |
| ETSYEtsy | 7.3% |
| CACCCredit Acceptance | 21.5% |
| AMTMAmentum | 1.4% |
| HQYHealthequity | 17.4% |
| RELYRemitly Global | 16.9% |
| FIGRFigure Technology Solutions | 33.5% |
| DAVEDave | 34.6% |
| Peer median | 16.1% |
Where WEX ranks
What the profit margin tells you
Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).
Compare within an industry. 10% is superb for a retailer and poor for a software company.
More on WEX
Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.