Every material Form 8-K WEX has filed with the SEC since April 25, 2024, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
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.
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.
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.
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
WEX reported fourth-quarter and full-year 2025 results on February 4, 2026. Q4 revenue rose 5.7% to $672.9 million and GAAP diluted EPS rose to $2.41 from $1.60, while full-year revenue grew 1.2% to $2.66 billion and full-year adjusted EPS rose 5.4% to $16.10. The company guided 2026 full-year adjusted EPS to $17.25 to $17.85, above the 2025 level, but Q4 operating cash flow fell to $294.7 million from $638.4 million.
Q4 2025 revenue of $672.9 million, up 5.7%; Q4 adjusted net income of $143.7 million, or $4.11 per diluted share, up 15.1%
Full-year 2025 GAAP net income of $304.1 million, down from $309.6 million; diluted EPS of $8.47 versus $7.50
Q1 2026 guidance: revenue of $650 million to $670 million and adjusted EPS of $3.80 to $4.00
Full-year 2026 guidance: revenue of $2.70 billion to $2.76 billion and adjusted EPS of $17.25 to $17.85
WEX said directors Shikhar Ghosh and Jack VanWoerkom will retire from the board at the 2026 Annual Meeting of Stockholders and will not stand for re-election, and that the board will shrink from twelve seats to ten. David Foss, a director since November, will become Vice Chair and Lead Independent Director, and the company said neither retirement stemmed from a disagreement over operations, policies or practices. The filing includes a press release with a preview of fourth-quarter results, but it gives no figures and says only that the company closed the year with a strong quarter.
Ghosh and VanWoerkom retire effective at the 2026 Annual Meeting of Stockholders
Board seats reduced from 12 to 10 effective at the Annual Meeting
David Foss to become Vice Chair and Lead Independent Director; he joined the board in November
Press release previews fourth-quarter results in general terms only, with no specific figures given
WEX reported third-quarter 2025 revenue of $691.8 million, up 3.9%, and raised its full-year 2025 revenue and adjusted net income per diluted share guidance. GAAP net income fell 8.7% to $80.3 million, or $2.30 per diluted share, while adjusted net income rose 5.5% to $159.7 million, or $4.59 per diluted share. The same filing says the board added David Foss as a director effective November 3, 2025.
Q3 2025 revenue of $691.8 million, up 3.9%; GAAP net income of $80.3 million, down 8.7%
Full-year 2025 revenue guidance raised to $2.63 billion to $2.65 billion; adjusted EPS guidance raised to $15.76 to $15.96 from $15.37 to $15.77
Fourth-quarter 2025 revenue expected at $646 million to $666 million and adjusted EPS at $3.76 to $3.96
David Foss appointed to the board on October 26, 2025, effective November 3, 2025; the board increased to 12 members
WEX reported second-quarter 2025 results on July 23, 2025. Total revenue fell 2% to $659.6 million, while GAAP net income declined to $68.1 million from $77.0 million, though GAAP diluted EPS rose to $1.98 from $1.83 on a smaller share count. The company also updated full-year 2025 guidance, now expecting revenue of $2.61 billion to $2.65 billion and adjusted EPS of $15.37 to $15.77, for shareholders weighing the company's revenue trend against its per-share profit measures.
Q2 2025 revenue was $659.6 million, down from $673.5 million, including a $15.9 million unfavorable impact from fuel prices and spreads
Q2 adjusted net income was $136.2 million, or $3.95 per diluted share, up from $3.91 a year earlier; GAAP operating income margin was 23.8% versus 25.0%
Third-quarter 2025 guidance: revenue of $669 million to $689 million and adjusted EPS of $4.30 to $4.50
Full-year 2025 guidance: revenue of $2.61 billion to $2.65 billion and adjusted EPS of $15.37 to $15.77; the filing does not state the prior guidance figures
At its May 15, 2025 annual meeting, WEX stockholders elected all 11 board nominees to one-year terms and approved an amendment raising the share pool under its equity plan by about 3.4 million shares, to 4.0 million. Stockholders also approved a non-binding say-on-pay proposal, officer exculpation, and the ratification of Deloitte & Touche as auditor for 2025. The filing reports votes and approvals only, with no financial results.
Equity plan amendment approved: 27,860,387 for and 2,127,447 against, raising shares available to 4.0 million
Say-on-pay proposal approved: 28,594,049 for and 1,385,137 against
Deloitte & Touche LLP ratified as independent auditor for fiscal year ending December 31, 2025: 30,076,743 for and 984,374 against
Board nominees Jim Neary (20,817,546 for, 9,179,600 against) and Jack VanWoerkom (17,774,925 for, 10,431,018 against) received the most opposing votes among directors
WEX reported first-quarter 2025 revenue of $636.6 million, down 2% from a year earlier, driven by fuel prices and foreign exchange rates. GAAP net income rose to $71.5 million, or $1.81 per diluted share, from $1.55, and adjusted EPS was $3.51, up 1%, while the company spent $790 million on share repurchases. The company also updated its full-year 2025 guidance, which now calls for revenue of $2.57 billion to $2.63 billion and adjusted EPS of $14.72 to $15.32.
Q1 revenue was $636.6 million, down 2% from $652.7 million; fuel prices reduced revenue by $8.5 million and foreign exchange by $2.5 million
Q1 GAAP EPS was $1.81 versus $1.55; adjusted EPS was $3.51 versus $3.46, with adjusted operating margin at 36.7% versus 38.5%
Q1 operating cash flow was negative $481.6 million; $790 million was spent repurchasing 5.1 million shares
Q2 2025 guidance: revenue of $640 million to $660 million and adjusted EPS of $3.60 to $3.80
WEX Inc. closed a $550 million offering of 6.500% senior unsecured notes due 2033 and entered a $450 million incremental term loan, funds it plans to use for a tender offer of up to $750 million for its common stock, repaying about $250 million of revolver borrowings, and fees. The added debt raises the company's borrowing, and the filing says the credit agreement's leverage limit for unlimited restricted payments rises from 2.75:1.00 to 3.50:1.00.
Incremental Term Loan B-3: $450 million, SOFR plus 1.75%, scheduled to mature March 6, 2032, secured by substantially all company and certain subsidiary assets
Use of proceeds: tender offer for up to $750 million of common stock, about $250 million revolver repayment, and fees
WEX reported fourth-quarter and full-year 2024 results, with Q4 revenue and adjusted earnings per share both down year over year while full-year revenue and adjusted EPS rose. The company also gave 2025 guidance of $2.60 billion to $2.66 billion in revenue and $14.65 to $15.25 in adjusted EPS per diluted share, a range that sits at or below the 2024 adjusted EPS of $15.28.
Q4 2024 revenue fell 4% to $636.5 million from $663.3 million; Q4 adjusted EPS was $3.57 versus $3.82, down 7%
Full-year 2024 revenue rose 3% to $2.63 billion; adjusted EPS rose 3% to $15.28 and GAAP EPS was $7.50
2025 guidance: revenue of $2.60 billion to $2.66 billion and adjusted EPS of $14.65 to $15.25; Q1 2025 adjusted EPS guidance is $3.35 to $3.50
Q4 2024 share repurchases totaled about $106 million; full-year repurchases totaled about $650 million
WEX reported third-quarter 2024 revenue up 2% to a third-quarter record $665.5 million, with GAAP diluted EPS of $2.52 versus $0.42 a year earlier and adjusted diluted EPS of $4.35 versus $4.05. The company lowered its full-year 2024 outlook and guided fourth-quarter adjusted EPS to $3.51 to $3.61, citing lower fuel prices and softer Mobility volumes, and said results came in below its expectations.
Q3 2024 total revenue rose 2% to $665.5 million; GAAP net income was $102.9 million, or $2.52 per diluted share.
Full-year 2024 revenue is now expected at $2.62 billion to $2.63 billion, and adjusted EPS at $15.21 to $15.31.
Fourth-quarter 2024 guidance: revenue of $630 million to $640 million and adjusted EPS of $3.51 to $3.61.
WEX spent about $370 million on share repurchases in Q3, and its Board increased the repurchase authorization by $1 billion.
WEX reported second-quarter 2024 revenue up 8% to $673.5 million, but GAAP net income fell to $77.0 million, or $1.83 per diluted share, from $95.3 million, or $2.20, a year earlier. Adjusted net income rose to $3.91 per diluted share from $3.63. The company now expects full-year 2024 revenue of $2.68 billion to $2.72 billion and adjusted earnings of $15.98 to $16.38 per diluted share, citing a modest revision to its second-half outlook, and expects to enter a $300 million accelerated share repurchase agreement.
Q2 revenue was $673.5 million, up from $621.3 million; the Benefits segment grew 13%.
GAAP diluted EPS was $1.83 versus $2.20; adjusted diluted EPS was $3.91 versus $3.63.
Q3 2024 guidance: revenue of $688 million to $698 million and adjusted EPS of $4.42 to $4.52.
Full-year 2024 guidance: revenue of $2.68 billion to $2.72 billion and adjusted EPS of $15.98 to $16.38; a $300 million accelerated share repurchase is expected in the near future.
WEX Inc. entered into a Fifth Amendment to its credit agreement on May 10, 2024, extending the maturity of its revolving credit facility and tranche A term loans to May 10, 2029, and increasing the revolver from $1.43 billion to $1.6 billion. The tranche A term loan facility rises from $844 million to $900 million, and interest margins are now tied to the company's leverage ratio. The same filing reports that stockholders re-elected all 12 directors and approved the executive pay proposal at the May 9, 2024 annual meeting.
Revolving credit facility commitments increased from $1.43 billion to $1.6 billion
Tranche A term loan facility increased from $844 million to $900 million
Maturity extended from April 1, 2026 to May 10, 2029
Stockholders approved the non-binding executive compensation proposal, with 37,012,270 votes for and 751,625 against
WEX reported first-quarter 2024 revenue of $652.7 million, up 7% from a year earlier, and adjusted net income of $3.46 per diluted share, up 5%. GAAP net income was $65.8 million, or $1.55 per diluted share, compared with $1.56 a year earlier. The company raised its full-year 2024 revenue and adjusted earnings guidance, which matters to shareholders because it signals management's higher expectations for the year.
Q1 2024 revenue was $652.7 million, up 7% from $612.0 million; GAAP net income was $65.8 million, or $1.55 per diluted share, versus $1.56 a year earlier
Adjusted net income was $146.7 million, or $3.46 per diluted share, versus $3.31 a year earlier
Full-year 2024 revenue guidance raised to $2.73 billion to $2.77 billion from $2.70 billion to $2.74 billion
Full-year 2024 adjusted EPS guidance raised to $16.10 to $16.60 from $15.90 to $16.40 per diluted share
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every WEX filing is on SEC EDGAR ↗. 8-K briefs of other companies →