Oct 28, 4:33 PM ET
WEX reported third-quarter 2026 results on October 28, 2026, with revenue of $780.1 million, up 12.8%, and both GAAP and adjusted diluted earnings per share higher than a year earlier. The company raised its full-year 2026 revenue and adjusted earnings per share guidance and repurchased about $200 million of shares in the quarter. Operating cash flow was negative $11.2 million in the quarter, compared with $376.6 million provided a year earlier, which shareholders may weigh against the higher earnings.
- Q3 2026 revenue of $780.1 million rose 12.8%; GAAP diluted EPS of $3.88 rose 68.7% and adjusted diluted EPS of $6.13 rose 33.6%.
- Full-year 2026 adjusted EPS guidance was raised to $21.28 to $21.48 from $19.68 to $20.08; revenue guidance was raised to $2.97 billion to $2.99 billion from $2.86 billion to $2.90 billion.
- Net cash used for operating activities was $11.2 million in Q3 2026, compared with $376.6 million provided in Q3 2025.
- Share repurchases were about $200 million in Q3 2026, with an additional $75 million through October 26.
Read the filing on SEC.gov ↗
Jul 22, 4:55 PM ET
WEX reported second-quarter 2026 revenue of $753.5 million, up 14.2%, and GAAP diluted earnings of $3.11 per share, up 57.1%. The company raised its full-year 2026 revenue and adjusted net income guidance, and said it bought back about $60 million of shares in the quarter. Operating cash flow was negative $77.6 million for the quarter, compared with $264.6 million provided a year earlier, which the company attributed mainly to higher domestic fuel prices affecting receivable balances.
- Q2 2026 adjusted diluted EPS was $5.35, up 35.4%; GAAP diluted EPS was $3.11, up 57.1%.
- Full-year 2026 revenue guidance raised to $2.86 billion to $2.90 billion, from $2.82 billion to $2.88 billion.
- Full-year 2026 adjusted diluted EPS guidance raised to $19.68 to $20.08, from $18.95 to $19.55.
- Share repurchases of about $60 million in Q2 and an additional $33 million through July 20, 2026.
Read the filing on SEC.gov ↗
May 4, 4:59 PM ET
WEX entered a cooperation agreement with Impactive Capital Master Fund LP on May 3, 2026. The Board will expand to 11 directors, nominate Kurt Adams, Ellen Alemany and Lauren Taylor Wolfe, and separate the Chair and CEO roles after the annual meeting, while the meeting is postponed from May 5 to May 14, 2026. The changes alter the board's composition and governance, and shareholders who already voted on Impactive's white proxy card must submit new voting instructions.
- Cooperation Agreement with Impactive Capital Master Fund LP dated May 3, 2026; Impactive will withdraw its nomination notice.
- Board to be set at 11 directors as of the 2026 annual meeting, including new nominees Kurt Adams, Ellen Alemany and Lauren Taylor Wolfe.
- Annual meeting postponed from May 5, 2026 to May 14, 2026; the record date is unchanged.
- Chair and CEO roles to be separated after the annual meeting; Melissa Smith will continue as CEO and President.
Read the filing on SEC.gov ↗
Apr 22, 4:36 PM ET
WEX reported first-quarter 2026 revenue of $673.8 million, up 5.8%, and adjusted net income of $145.3 million, or $4.15 per diluted share, up 18.2%. The company raised its full-year 2026 revenue guidance to $2.82 billion to $2.88 billion and its adjusted EPS guidance to $18.95 to $19.55 per diluted share, which signals higher expected results for shareholders.
- Q1 2026 revenue of $673.8 million, up 5.8%; GAAP net income of $77.7 million, or $2.22 per diluted share, up 22.7%
- Full-year 2026 revenue guidance raised to $2.82 billion to $2.88 billion; adjusted EPS guidance of $18.95 to $19.55
- Second-quarter 2026 guidance: revenue of $727 million to $747 million and adjusted EPS of $4.93 to $5.13
- Net cash used for operating activities was $330.8 million, compared with $481.6 million a year earlier; adjusted free cash flow was $49.5 million, compared with $16.2 million
Read the filing on SEC.gov ↗
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