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Compared to Estimates, Wex (WEX) Q3 Earnings: A Look at Key Metrics

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For the quarter ended September 2026, Wex (WEX - Free Report) reported revenue of $780.1 million, up 12.8% over the same period last year. EPS came in at $6.13, compared to $4.59 in the year-ago quarter.

The reported revenue represents a surprise of +3.05% over the Zacks Consensus Estimate of $757 million. With the consensus EPS estimate being $5.67, the EPS surprise was +8.11%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.

Here is how Wex performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
  • Mobility - Payment processing transactions: 142.3 million versus the six-analyst average estimate of 140.95 million.
  • Corporate Payments - Purchase volume: $24.64 billion versus $24.24 billion estimated by six analysts on average.
  • Benefits - Purchase volume: $1.92 billion compared to the $1.9 billion average estimate based on six analysts.
  • Mobility - Average US fuel price: 4.85 $/gal versus 4.10 $/gal estimated by six analysts on average.
  • Revenues- Corporate Payments: $137.4 million versus $140.59 million estimated by seven analysts on average. Compared to the year-ago quarter, this number represents a +3.5% change.
  • Revenues- Benefits: $207.6 million compared to the $208.53 million average estimate based on seven analysts. The reported number represents a change of +4.8% year over year.
  • Revenues- Mobility: $435.1 million versus the seven-analyst average estimate of $403.44 million. The reported number represents a year-over-year change of +20.6%.
  • Revenues- Benefits- Other: $71.5 million versus the five-analyst average estimate of $70.24 million. The reported number represents a year-over-year change of +17.2%.
  • Revenues- Mobility- Other: $56.9 million versus the five-analyst average estimate of $57.92 million. The reported number represents a year-over-year change of +1.6%.
  • Revenues- Corporate Payments- Payment processing: $113.6 million versus the five-analyst average estimate of $117.99 million. The reported number represents a year-over-year change of +3.6%.
  • Revenues- Mobility- Finance fee: $115.7 million versus $91.66 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +39.6% change.
  • Revenues- Benefits- Payment processing: $25.8 million versus $25.71 million estimated by five analysts on average. Compared to the year-ago quarter, this number represents a +8.4% change.

View all Key Company Metrics for Wex here>>>

Shares of Wex have returned +8.7% over the past month versus the Zacks S&P 500 composite's -0.2% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.

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