The beat and raised guidance, particularly in high-margin segments, suggest strong execution. Monitor fuel price sensitivity and credit loss trends in Mobility, which remain headwinds. The raised full-year guidance provides visibility, supporting near-term confidence.
Price Chart
Executive Summary
WEX reported Q1 2026 revenue of $673.8 million (5.8% YoY growth) and adjusted EPS of $4.15 (18.2% YoY growth), beating consensus estimates. The company raised full-year 2026 guidance for both revenue and adjusted net income, driven by higher-than-expected fuel prices and strong performance in the Benefits and Corporate Payments segments.
Key Financial Metrics
Key Facts
- Q1 2026 revenue: $673.8 million (+5.8% YoY)
- Adjusted EPS: $4.15 (+18.2% YoY), beating consensus of $4.07
- Benefits segment revenue grew 8.5% YoY, Corporate Payments grew 9.3% YoY
- Full-year 2026 revenue guidance raised to $2.82B–$2.88B, adjusted EPS to $18.95–$19.55
- Adjusted free cash flow: $49.5 million in Q1
Financial Impact
Revenue beat by $1.4 million, EPS beat by $0.08; full-year EPS guidance raised by $1.70 at midpoint
Risk Factors
- Mobility segment credit losses increased to 19 bps, above prior-year 12 bps
- International fuel spreads negatively impacted revenue by $7.6 million
- Dependence on volatile fuel prices and interest rates
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001309108-26-000014 |
| Document: wexq12026earningsrelease.htm | 0001309108-26-000014 |
| Document: wex-20260422.htm | 0001309108-26-000014 |
| Document: 0001309108-26-000014-index-headers.html | 0001309108-26-000014 |
| Document: 0001309108-26-000014-index.html | 0001309108-26-000014 |
| Document: 0001309108-26-000014.txt | 0001309108-26-000014 |
| 8-K Data (Synthetic) | 0001309108-26-000014 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 6, 2026 8w ago | Insider Cluster | $189.40 $194.04 | ▲ +2.45% | ▲ +1.85% | $169.10 (−10.71%) |
Jul 31, 2026 9w ago | Insider Cluster | $186.96 $197.32 | ▲ +5.54% | ▲ +2.55% | $169.10 (−9.55%) |
Jul 29, 2026 9w ago | Insider Cluster | $186.40 $198.43 | ▲ +6.45% | ▲ +2.49% | $169.10 (−9.28%) |
May 5, 2026 21w ago | DEFA14A | $147.10 $148.35 | ▲ +0.85% | ▼ −4.10% | $169.10 (+14.96%) |
May 4, 2026 21w ago | 8-K | $147.10 $148.35 | ▲ +0.85% | ▼ −4.10% | $169.10 (+14.96%) |
Apr 23, 2026 23w ago | DEFA14A | $153.18 $144.24 | ▼ −5.84% | ▼ −10.47% | $169.10 (+10.40%) |
Apr 23, 2026 23w ago | DEFA14A | $153.18 $144.24 | ▼ −5.84% | ▼ −10.47% | $169.10 (+10.40%) |
Apr 22, 2026 23w ago | 8-K | $153.18 $144.24 | ▼ −5.84% | ▼ −10.47% | $169.10 (+10.40%) |
Apr 20, 2026 23w ago | DEFA14A | $176.85 $142.60 | ▼ −19.37% | ▼ −24.28% | $169.10 (−4.38%) |
Apr 13, 2026 24w ago | DFAN14A | $167.07 $140.50 | ▲ +15.90% | ▲ +22.20% | $169.10 (−1.22%) |
US Market Status
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