WEX Revenue 2010-2023 | WEX
WEX annual/quarterly revenue history and growth rate from 2010 to 2023. Revenue can be defined as the amount of money a company receives from its customers in exchange for the sales of goods or services. Revenue is the top line item on an income statement from which all costs and expenses are subtracted to arrive at net income.
- WEX revenue for the quarter ending March 31, 2023 was $0.612B, a 18.26% increase year-over-year.
- WEX revenue for the twelve months ending March 31, 2023 was $2.445B, a 24.92% increase year-over-year.
- WEX annual revenue for 2022 was $2.351B, a 27.02% increase from 2021.
- WEX annual revenue for 2021 was $1.851B, a 18.63% increase from 2020.
- WEX annual revenue for 2020 was $1.56B, a 9.5% decline from 2019.
WEX Annual Revenue
(Millions of US $) |
| 2022 |
$2,351 |
| 2021 |
$1,851 |
| 2020 |
$1,560 |
| 2019 |
$1,724 |
| 2018 |
$1,493 |
| 2017 |
$1,249 |
| 2016 |
$1,012 |
| 2015 |
$855 |
| 2014 |
$818 |
| 2013 |
$717 |
| 2012 |
$623 |
| 2011 |
$553 |
| 2010 |
$390 |
| 2009 |
$315 |
WEX Quarterly Revenue
(Millions of US $) |
| 2023-03-31 |
$612 |
| 2022-12-31 |
$619 |
| 2022-09-30 |
$616 |
| 2022-06-30 |
$598 |
| 2022-03-31 |
$518 |
| 2021-12-31 |
$498 |
| 2021-09-30 |
$483 |
| 2021-06-30 |
$459 |
| 2021-03-31 |
$411 |
| 2020-12-31 |
$399 |
| 2020-09-30 |
$382 |
| 2020-06-30 |
$347 |
| 2020-03-31 |
$432 |
| 2019-12-31 |
$440 |
| 2019-09-30 |
$460 |
| 2019-06-30 |
$442 |
| 2019-03-31 |
$382 |
| 2018-12-31 |
$381 |
| 2018-09-30 |
$387 |
| 2018-06-30 |
$371 |
| 2018-03-31 |
$354 |
| 2017-12-31 |
$329 |
| 2017-09-30 |
$324 |
| 2017-06-30 |
$304 |
| 2017-03-31 |
$291 |
| 2016-12-31 |
$285 |
| 2016-09-30 |
$288 |
| 2016-06-30 |
$234 |
| 2016-03-31 |
$206 |
| 2015-12-31 |
$213 |
| 2015-09-30 |
$226 |
| 2015-06-30 |
$214 |
| 2015-03-31 |
$202 |
| 2014-12-31 |
$212 |
| 2014-09-30 |
$222 |
| 2014-06-30 |
$202 |
| 2014-03-31 |
$182 |
| 2013-12-31 |
$182 |
| 2013-09-30 |
$192 |
| 2013-06-30 |
$178 |
| 2013-03-31 |
$165 |
| 2012-12-31 |
$169 |
| 2012-09-30 |
$161 |
| 2012-06-30 |
$153 |
| 2012-03-31 |
$140 |
| 2011-12-31 |
$140 |
| 2011-09-30 |
$152 |
| 2011-06-30 |
$141 |
| 2011-03-31 |
$120 |
| 2010-12-31 |
$115 |
| 2010-09-30 |
$100 |
| 2010-06-30 |
$91 |
| 2010-03-31 |
$84 |
| 2009-12-31 |
$83 |
| 2009-09-30 |
$86 |
| 2009-06-30 |
$78 |
| 2009-03-31 |
$68 |
| Sector |
Industry |
Market Cap |
Revenue |
| Business Services |
Financial Transaction Services |
$7.154B |
$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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