WEX Inc. Reports Third Quarter 2026 Financial Results
Business Wire•28/10/2026•16:30 ET
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Key Highlights
- ➤Q3 revenue $780.1 million, up 12.8% year over year
- ➤Adjusted EPS $6.13, up 33.6% year over year
- ➤Full-year revenue guidance raised to $2.97 billion-$2.99 billion
- ➤Full-year adjusted EPS guidance raised to $21.28-$21.48
- ➤WEX repurchased approximately $200 million of shares in Q3
Expert Statements
Melissa Smith, CEO and President of WEX
“We delivered another quarter of strong revenue and adjusted EPS, expanded margins, and returned the vast majority of our adjusted free cash flow to shareholders through share repurchases”
Melissa Smith, CEO and President of WEX
“Our results reflect real progress in pricing, new business wins, and innovation across each of our segments. We’re building on that momentum by continuing to strengthen our segments, bring innovative solutions to market, and drive sustainable growth and long-term shareholder value.”
Jagtar Narula, Chief Financial Officer of WEX
“Our third quarter results demonstrate the core strength of WEX’s operating model, with improving organic growth and significant underlying margin expansion, while higher fuel prices continue to contribute additional cash flow.”
Jagtar Narula, Chief Financial Officer of WEX
“Our strong cash generation gives us significant flexibility to invest in organic growth while returning capital to shareholders. During the quarter, we repurchased approximately $200 million of shares while further reducing our leverage to 2.7x. Looking ahead, we will continue to allocate capital with discipline, prioritizing opportunities that deliver attractive returns and maximize long-term shareholder value.”
Revenue of $780.1 million increased 12.8% compared to the prior year
GAAP net income of $3.88 per diluted share and adjusted net income of $6.13 per diluted share, an increase of 68.7% and 33.6%, respectively, compared to the prior year
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