WEX (WEX)
NYSE:WEX
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Earnings Data
Report Date
Jul 23, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
5.01Last Year’s EPS
3.95Same Quarter Last Year
Moderate Buy
Based on 12 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call conveyed a largely positive operational and financial trajectory: the company beat revenue and adjusted EPS guidance, reported double‑digit adjusted EPS growth, delivered strong segment performances (notably Benefits and Corporate Payments), raised full‑year guidance, and highlighted tangible productivity gains, AI‑driven innovation and $50M of cost savings. Offsetting these positives were meaningful but described as manageable headwinds: higher credit losses that pressured reported margins, fuel spread volatility and a modest travel softness tied to the Middle East, plus leverage slightly above the company’s near‑term threshold. Management framed the negatives as mostly transitory or already mitigated and emphasized underlying margin expansion and cash generation, leading to a constructive but cautious outlook.Company Guidance
Quarterly Revenue Beat
Total revenue of $673.8M in Q1, up 5.8% year over year (5.4% ex. fuel and FX) and above the high end of prior guidance.
Strong Adjusted EPS Growth
Adjusted net income per diluted share of $4.15, up 18.2% year over year (19.4% ex. fuel and FX), exceeding guidance.
Benefits Segment Momentum
Benefits revenue of $216.2M, up 8.5% year over year; HSA accounts up 8% to 9.4M; average HSA custodial cash assets +11.8% and custodial investment revenue +14.2%.
Corporate Payments Outperformance
Corporate Payments revenue of $113M, up 9.3% year over year; purchase volume +3.6%; travel-related revenue grew ~12% and net interchange rate expanded ~3 bps YoY.
Mobility Progress Despite Market Headwinds
Mobility revenue increased 3.2% year over year driven by pricing, new sales and product execution (including BP conversion and early traction for 10-4 app), even though transactions were down ~3%.
Improving Cash Generation
Trailing twelve‑month adjusted free cash flow of $671M, a 14% increase versus prior year, supporting capital deployment optionality.
Margin and Productivity Tailwinds
Underlying operational improvements equate to a 130 bps expansion in adjusted operating margin when normalizing for Q1 noise; company expects ~75 bps full‑year margin expansion on a macro‑neutral basis and $50M of cost savings in 2026 from automation/modernization.
Capital Allocation and Balance Sheet Discipline
Leverage at 3.1x (within long‑term 2.5–3.5x range) with stated priority to reduce leverage below 3x while reinvesting part of savings and maintaining option to pursue M&A selectively; guidance for Q2 and full year raised (Q2 revenue $727–747M; FY revenue $2.82–2.88B; FY adjusted EPS $18.95–19.55).
WEX Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
WEX Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $184.93 | $154.76 | -16.31% |
Feb 04, 2026 | $148.91 | $148.54 | -0.25% |
Oct 29, 2025 | $154.06 | $151.54 | -1.64% |
Jul 24, 2025 | $174.10 | $175.62 | +0.87% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does WEX (WEX) report earnings?
WEX (WEX) is schdueled to report earning on Jul 23, 2026, Before Open (Confirmed).
What is WEX (WEX) earnings time?
WEX (WEX) earnings time is at Jul 23, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is WEX EPS forecast?
WEX EPS forecast for the fiscal quarter 2026 (Q2) is 5.01.