AI brief of an SEC Form 8-K · WEX (WEX)

WEX Q4 revenue fell 4% to $636.5 million; full-year adjusted EPS rose 3% to $15.28

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyWEX (WEX)
Form8-K, current report
Filed with the SECFeb 5, 2025, 5:12 PM ET
Accession number0001309108-25-000012

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 12:59 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on February 05, 2025.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.