Wex Inc (WEX) reported Q4 2025 revenue of $672.9 million, up 5.7% year-over-year and above the revenue estimate of $667.7 million. Net income attributable to common shareholders rose to $84.3 million (up 31.9% YoY). Diluted earnings per share were 2.41, a 50.6% increase year-over-year, below the EPS estimate of 3.96.
Cash flow and the balance sheet show mixed signals. Operating cash flow declined sharply, while the company built a larger cash buffer on the balance sheet; capital spending was modestly down year-over-year.
Cost of sales increased to $283.7 million (+10.1% YoY) while gross profit grew more modestly, indicating some margin pressure even as operating profit improved. Overall, Wex's Q4 results show top-line growth, stronger net income and EPS improvements, offset by weaker operating cash flow and increased leverage on the balance sheet.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Wex Inc Insider Trading Activity
Wex Inc insiders have traded $WEX stock on the open market 4 times in the past 6 months. Of those trades, 1 have been purchases and 3 have been sales.
Here’s a breakdown of recent trading of $WEX stock by insiders over the last 6 months:
- ANN ELENA DREW (Chief Risk and Compliance) sold 1,931 shares for an estimated $331,533
- ROBERT JOSEPH DESHAIES (COO, Benefits) sold 1,506 shares for an estimated $225,327
- STEPHEN MONTGOMERY SMITH purchased 1,000 shares for an estimated $144,250
- JENNIFER KIMBALL (Chief Accounting Officer) sold 494 shares for an estimated $74,791
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
Wex Inc Hedge Fund Activity
We have seen 181 institutional investors add shares of Wex Inc stock to their portfolio, and 190 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- CITADEL ADVISORS LLC added 868,266 shares (+58078.0%) to their portfolio in Q3 2025, for an estimated $136,777,942
- JPMORGAN CHASE & CO removed 705,328 shares (-65.0%) from their portfolio in Q3 2025, for an estimated $111,110,319
- TURTLE CREEK ASSET MANAGEMENT INC. added 592,200 shares (+inf%) to their portfolio in Q3 2025, for an estimated $93,289,266
- BARCLAYS PLC removed 224,150 shares (-77.0%) from their portfolio in Q3 2025, for an estimated $35,310,349
- IMPACTIVE CAPITAL LP removed 200,000 shares (-8.3%) from their portfolio in Q3 2025, for an estimated $31,506,000
- M&T BANK CORP added 188,813 shares (+inf%) to their portfolio in Q4 2025, for an estimated $28,129,360
- JANA PARTNERS MANAGEMENT, LP removed 164,029 shares (-100.0%) from their portfolio in Q3 2025, for an estimated $25,839,488
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Wex Inc Government Contracts
We have seen $9,428,379 of award payments to $WEX over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- ACQUIRE VEHICLE TELEMATICS HARDWARE AND MONTHLY SUBSCRIPTION TO PROVIDE GPS LOCATION, VEHICLE PERFORMANCE, ...: $5,858,982
- GEOTAB TELEMATICS DEVICES, DELIVERY, INSTALLATION, MONTHLY PRO-PLUS SOFTWARE SUBSCRIPTION PLAN FOR NRCS VEH...: $2,082,950
- TELEMATICS SERVICE: $1,055,980
- WEX: $377,394
- ---------- COMMENTS: MISSION ESSENTIAL FOR FY2026 USE OF CREDIT CARDS REQUIRED FOR DAILY OPERATIONS MAINT...: $25,000
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
Wex Inc Analyst Ratings
Wall Street analysts have issued reports on $WEX in the last several months. We have seen 2 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- B of A Securities issued a "Buy" rating on 10/22/2025
- Baird issued a "Outperform" rating on 10/01/2025
To track analyst ratings and price targets for Wex Inc, check out Quiver Quantitative's $WEX forecast page.
Wex Inc Price Targets
Multiple analysts have issued price targets for $WEX recently. We have seen 5 analysts offer price targets for $WEX in the last 6 months, with a median target of $175.0.
Here are some recent targets:
- Ramsey El-Assal from Cantor Fitzgerald set a target price of $158.0 on 01/27/2026
- Tien-Tsin Huang from JP Morgan set a target price of $175.0 on 10/31/2025
- Nik Cremo from UBS set a target price of $172.0 on 10/31/2025
- Mihir Bhatia from B of A Securities set a target price of $178.0 on 10/22/2025
- David Koning from Baird set a target price of $210.0 on 10/01/2025
