Filing Flows › WEX (WEX) › Q3 2026 › vs Q3 2025
WEX (WEX) Q3 2026 vs Q3 2025 (year over year)
WEX's revenue rose $88.3M (+13%) from $692M in Q3 2025 to $780M in Q3 2026. The biggest changes: Payment processing revenue +$43.1M (+14%); Finance fee revenue +$32.7M (+39%); Other revenue +$11.2M (+9%). Operating margin 30.6% against 26.5% (+4.1 pts).
WEX, Q3 2026: revenue $780M (+13% year over year), operating margin 30.6%, net earnings $134M, operating cash flow −$11.2M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Operating margin | 30.6% | 26.5% | +4.1 pts |
| Net margin | 17.2% | 11.6% | +5.6 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Payment processing revenue | $345M | $302M | $43.1M | +14% |
| Account servicing revenue | $187M | $185M | $1.4M | +0.8% |
| Other revenue | $133M | $122M | $11.2M | +9% |
| Finance fee revenue | $116M | $83.2M | $32.7M | +39% |
| Revenue | $780M | $692M | $88.3M | +13% |
| Operating profit | $239M | $184M | $55.2M | +30% |
| Costs & expenses | $541M | $508M | $33.1M | +7% |
| Pre-tax earnings | $186M | $116M | $69.1M | +59% |
| Other expense, net | $53.3M | $67.2M | −$13.9M | -21% |
| Cost of revenue | $287M | $274M | $13.1M | +5% |
| Sales & marketing | $109M | $97.3M | $12.0M | +12% |
| General & admin | $101M | $92.0M | $8.7M | +9% |
| Other operating costs | $43.9M | $44.6M | −$700K | -2% |
| Net earnings | $134M | $80.2M | $53.9M | +67% |
| Income tax | $51.4M | $36.2M | $15.2M | +42% |
| Operating cash sources | $273M | −$179M | $453M | — |
| Depreciation & amortization | $85.0M | $83.7M | $1.3M | +2% |
| Share-based compensation | $43.1M | $33.5M | $9.6M | +29% |
| Cash used in operations | $11.2M | −$377M | $388M | — |
| Working capital & other | $273M | −$179M | $453M | — |
Questions
How much did WEX's revenue grow year over year in Q3 2026?
WEX's revenue rose $88.3M (+13%) from $692M in Q3 2025 to $780M in Q3 2026.
What drove WEX's revenue change in Q3 2026?
Payment processing revenue +$43.1M (+14%); Finance fee revenue +$32.7M (+39%); Other revenue +$11.2M (+9%).