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

WEX Q2 revenue falls 2% to $659.6 million; adjusted EPS rises 1% to $3.95

Mixed Impact 3 of 5 earnings Written later

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.

Key points

  • 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

The filing

CompanyWEX (WEX)
Form8-K, current report
Filed with the SECJul 23, 2025, 4:36 PM ET
Accession number0001309108-25-000171

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 July 23, 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.