Earnings Releases·Oct 28, 2026, 4:33 PM ET

WEX Inc. — Third Quarter 2026 Earnings Summary

Total revenue rose 12.8% year-over-year to $780.1 million, while GAAP net income surged 68.7% to $134.1 million and adjusted net income increased 33.6% to $211.9 million.
Full-year 2026 guidance was raised to $2.97–$2.99 billion in revenue and $21.28–$21.48 in adjusted net income per share, with Q4 revenue guidance set at $760–$780 million.
Adjusted free cash flow reached $234.3 million, up from $166.2 million in the prior year, and the leverage ratio improved to 2.7x.
The company returned significant capital to shareholders via $260 million in total share repurchases through Q3, including $200 million in the quarter.
All three business segments (Mobility, Benefits, and Corporate Payments) delivered double-digit volume growth and expanded operating margins year-over-year.