WEX Gross Profit 2010-2023 | WEX
WEX annual/quarterly gross profit history and growth rate from 2010 to 2023. Gross profit can be defined as the profit a company makes after deducting the variable costs directly associated with making and selling its products or providing its services.
- WEX gross profit for the quarter ending June 30, 2023 was $0.386B, a 3.32% increase year-over-year.
- WEX gross profit for the twelve months ending June 30, 2023 was $1.492B, a 14.87% increase year-over-year.
- WEX annual gross profit for 2022 was $1.42B, a 23.65% increase from 2021.
- WEX annual gross profit for 2021 was $1.148B, a 29.52% increase from 2020.
- WEX annual gross profit for 2020 was $0.887B, a 16.66% decline from 2019.
WEX Annual Gross Profit
(Millions of US $) |
| 2022 |
$1,420 |
| 2021 |
$1,148 |
| 2020 |
$887 |
| 2019 |
$1,064 |
| 2018 |
$945 |
| 2017 |
$734 |
| 2016 |
$554 |
| 2015 |
$628 |
| 2014 |
$617 |
| 2013 |
$554 |
| 2012 |
$467 |
| 2011 |
$428 |
| 2010 |
$303 |
| 2009 |
$252 |
WEX Quarterly Gross Profit
(Millions of US $) |
| 2023-06-30 |
$386 |
| 2023-03-31 |
$378 |
| 2022-12-31 |
$365 |
| 2022-09-30 |
$364 |
| 2022-06-30 |
$374 |
| 2022-03-31 |
$318 |
| 2021-12-31 |
$305 |
| 2021-09-30 |
$303 |
| 2021-06-30 |
$288 |
| 2021-03-31 |
$253 |
| 2020-12-31 |
$230 |
| 2020-09-30 |
$225 |
| 2020-06-30 |
$185 |
| 2020-03-31 |
$246 |
| 2019-12-31 |
$260 |
| 2019-09-30 |
$294 |
| 2019-06-30 |
$281 |
| 2019-03-31 |
$229 |
| 2018-12-31 |
$224 |
| 2018-09-30 |
$250 |
| 2018-06-30 |
$245 |
| 2018-03-31 |
$225 |
| 2017-12-31 |
$195 |
| 2017-09-30 |
$189 |
| 2017-06-30 |
$175 |
| 2017-03-31 |
$175 |
| 2016-12-31 |
$38 |
| 2016-09-30 |
$204 |
| 2016-06-30 |
$164 |
| 2016-03-31 |
$148 |
| 2015-12-31 |
$149 |
| 2015-09-30 |
$166 |
| 2015-06-30 |
$160 |
| 2015-03-31 |
$153 |
| 2014-12-31 |
$163 |
| 2014-09-30 |
$166 |
| 2014-06-30 |
$154 |
| 2014-03-31 |
$134 |
| 2013-12-31 |
$146 |
| 2013-09-30 |
$145 |
| 2013-06-30 |
$135 |
| 2013-03-31 |
$127 |
| 2012-12-31 |
$126 |
| 2012-09-30 |
$118 |
| 2012-06-30 |
$115 |
| 2012-03-31 |
$107 |
| 2011-12-31 |
$111 |
| 2011-09-30 |
$115 |
| 2011-06-30 |
$109 |
| 2011-03-31 |
$93 |
| 2010-12-31 |
$90 |
| 2010-09-30 |
$74 |
| 2010-06-30 |
$73 |
| 2010-03-31 |
$65 |
| 2009-12-31 |
$67 |
| 2009-09-30 |
$68 |
| 2009-06-30 |
$64 |
| 2009-03-31 |
$53 |
| Sector |
Industry |
Market Cap |
Revenue |
| Business Services |
Financial Transaction Services |
$8.538B |
$2.351B |
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WEX Inc. is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare world wide. WEX operates through three business segments: Fleet Solutions, Travel & Corporate Solutions, and Health and Employee Benefit Solutions. Fleet Solutions unit offers customers with fleet vehicle payment processing services, particularly designed for commercial and government fleets and generates revenues from payment processing, account servicing and financing fees. Following the acquisition of European Fleet business, WEX fleet cards are accepted at all ExxonMobil stations throughout Europe. Travel and Corporate Solutions targets the complex payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs. Health and Employee Benefit Solutions offers healthcare payment products and software-as-a-service consumer directed platforms.
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