Filing Flows › WEX (WEX) › Q3 2026
WEX (WEX) Q3 2026 earnings results (third quarter 2026)
10-Q filed Oct 29, 2026
WEX (WEX) reported revenue of $780M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +4% from the quarter before. Operating margin was 30.6%, net earnings $134M (17.2% of revenue).
WEX, Q3 2026: revenue $780M (+13% year over year), operating margin 30.6%, net earnings $134M, operating cash flow −$11.2M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $780M | +4% | +13% |
| Operating profit | $239M | +18% | +30% |
| Net earnings | $134M | +24% | +67% |
| Operating cash flow | −$11.2M | — | -103% |
What changed
Revenue was $780.1M in Q3 2026, up 13% year over year and up 4% from the previous quarter. Payment processing revenue was the largest line at 44% of revenue. Payment processing revenue added $43.1M year over year (up 14%), 49% of the total change.
Operating profit was $238.8M, a 30.6% margin (up 4.1 points year over year). Of the extra revenue versus Q3 2025, 63% reached operating profit, above the 27% margin then. Total costs grew 7% against revenue growth of 13%. The fastest-growing cost line was Sales & marketing (+12%). Net earnings were $134.1M, up 67% year over year. The effective tax rate was 27.7%.
Operating cash flow was −$11.2M. Non-cash charges added back $85.0M of depreciation and amortization and $43.1M of share-based compensation. Working capital and other items used $273.4M. Capital expenditures of $47.0M exceeded it, leaving free cash flow of −$58.2M.
Questions
What was WEX's revenue in the third quarter 2026?
WEX (WEX) reported revenue of $780M for the third quarter 2026 (Q3 2026), +13% from a year earlier and +4% from the quarter before.
Was WEX profitable in the third quarter 2026?
Operating profit was $239M (30.6% of revenue) and net earnings $134M.
Source: WEX 10-Q on SEC EDGAR.