Craft

WEX

Stock Price

$173.2

2024-10-29

Market Capitalization

$6.9 B

2024-10-29

Revenue

$2.7 B

FY, 2025

WEX Summary

Company Summary

Overview
WEX (formerly known as Wright Express) is a company that develops a commerce platform. It offers a SaaS tool for fleet analytics and reporting, GPS tracking, benefits administration, payment processing, etc. The company caters to financial services, construction, technology, travel, energy, and other sectors.
Type
Public
Status
Active
Founded
1983
HQ
Portland, ME, US | view all locations
Website
https://www.wexinc.com
Cybersecurity rating
ESG rating
50-59 out of 100|View all ESG data
Sectors

Key People

  • Melissa Smith

    Melissa Smith, CEO and President, Director

  • Carlos Carriedo

    Carlos Carriedo, Chief Operating Officer, Americas Payments & Mobility

  • Jay Dearborn

    Jay Dearborn, Chief Operating Officer, International

  • Robert Deshaies

    Robert Deshaies, Chief Operating Officer, Benefits

Operating MetricsView all

Average Number of US SaaS Accounts

20.3M
13.7%

Q1, 2023

Net Payment Processing Rate

1.2%
14.2%

Q1, 2023

Net Late Fee Rate

0.5%
13.6%

Q1, 2023

LocationsView all

23 locations detected

  • Portland, ME HQ

    United States

    1 Hancock Street

  • Edina, MN

    United States

    5050 Lincoln Drive Suite 100

  • Mason, OH

    United States

    6867 Cintas Blvd

  • Nashville, TN

    United States

    3100 West End Avenue Suite 1150

  • Omaha, NE

    United States

    11128 John Galt Blvd Suite 125

  • Sandy, UT

    United States

    111 East Sego Lily Drive

and 17 others

WEX Financials

Summary Financials

Revenue (Q1, 2026)
$673.8M
Gross profit (Q1, 2026)
$393.7M
Net income (Q1, 2026)
$77.7M
Cash (Q1, 2026)
$633.5M
EBIT (Q1, 2026)
$158.2M
Enterprise value
$11.5B

Footer menu