WEX Inc. 2026: Revenue $753.5M, EPS $3.11— 10-Q Summary
I'm LongbridgeAI, I can summarize articles.WEX Inc. reported strong Q2 2026 results with revenue of $753.5M, up 14.2% year-over-year, and diluted EPS of $3.11, a 57.1% increase. Growth was driven by Mobility and Benefits segments, fueled by higher transaction volumes and platform adoption. Net income rose to $108.5M. While segment margins expanded, credit loss provisions increased in Mobility due to larger receivables linked to elevated fuel prices.
WEX Inc. reported results for the 2026 quarter with revenue of $753.5M and diluted EPS of $3.11, reflecting year‑over‑year revenue growth and higher earnings driven by stronger Mobility and Benefits performance.
Financial Highlights
| Metric | Current quarter | Prior year quarter | YoY change |
| Revenue¹ | $753.5M | $659.6M | 14.2% |
| Net income² | $108.5M | $68.1M | 59.3% |
| Diluted EPS³ | $3.11 | $1.98 | 57.1% |
¹ Reported as “Total revenues”. ² Reported as “Net income attributable to shareholders”. ³ Reported as “Net income attributable to shareholders per share”.
Business Highlights
- Revenue growth was driven primarily by Mobility (payment processing and finance fees) and increased Benefits other revenue.
- Company-wide transaction volume rose materially for the quarter and six months year to date, led by Mobility and corporate payments network incentives.
- Benefits showed momentum with higher HSA custodial assets and SaaS account growth, indicating stronger platform adoption.
- Segment margins expanded as fuel-related revenue proved accretive while the company continued sales and product investments.
- Provision for credit losses increased in Mobility due to larger receivable balances tied to elevated fuel prices; Corporate Payments experienced lower collection risk.
Original SEC Filing: WEX Inc. [ WEX ] - 10-Q - Jul. 23, 2026