Wex annual free cash flow
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2025
Wex Free Cash Flow (FCF) History (WEX)
Wex reported $313.7M in free cash flow for fiscal 2025, a decrease of 6.11% from the previous fiscal year, with a free cash flow margin of 17.00%.
View full Wex company overviewWex free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $313.7M | −$20.4M | −6.11% | +17.00% |
| 2024 | 2024-12-31 | $334.1M | −$430.2M | −56.29% | +17.89% |
| 2023 | 2023-12-31 | $764.3M | $197.8M | +34.92% | +41.57% |
| 2022 | 2022-12-31 | $566.5M | $695.1M | — | +33.53% |
| 2021 | 2021-12-31 | −$128.6M | −$784.9M | — | −9.56% |
| 2020 | 2020-12-31 | $656.3M | $96.0M | +17.14% | +58.14% |
| 2019 | 2019-12-31 | $560.3M | $247.2M | +78.97% | +46.40% |
| 2018 | 2018-12-31 | $313.1M | $256.9M | +457.56% | +31.41% |
| 2017 | 2017-12-31 | $56.2M | $259.1M | — | +4.50% |
| 2016 | 2016-12-31 | −$203.0M | −$584.6M | — | −20.05% |
| 2015 | 2015-12-31 | $381.6M | $143.3M | +60.15% | +44.65% |
| 2014 | 2014-12-31 | $238.3M | $238.2M | +248108.33% | +29.14% |
| 2013 | 2013-12-31 | $96,000 | −$43.7M | −99.78% | +0.01% |
| 2012 | 2012-12-31 | $43.8M | $17.8M | +68.22% | +7.02% |
| 2011 | 2011-12-31 | $26.0M | $65.5M | — | +4.71% |
| 2010 | 2010-12-31 | −$39.5M | $11.5M | — | −10.12% |
| 2009 | 2009-12-31 | −$51.0M | −$374.1M | — | −16.18% |
| 2008 | 2008-12-31 | $323.1M | — | — | +83.23% |
Wex quarterly free cash flow
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Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$121.1M | −$351.1M | — | −23.59% |
| Q1 2026 | 2026-03-31 | −$368.3M | $145.9M | — | −79.68% |
| Q4 2025 | 2025-12-31 | $256.3M | −$343.4M | −57.26% | +55.11% |
| Q3 2025 | 2025-09-30 | $341.6M | $373.3M | — | +70.93% |
| Q2 2025 | 2025-06-30 | $230.0M | $276.6M | — | +50.62% |
| Q1 2025 | 2025-03-31 | −$514.2M | −$326.9M | — | −115.73% |
| Q4 2024 | 2024-12-31 | $599.7M | −$120.3M | −16.71% | +136.20% |
| Q3 2024 | 2024-09-30 | −$31.7M | −$41.8M | — | −6.62% |
| Q2 2024 | 2024-06-30 | −$46.6M | −$84.3M | — | −9.74% |
| Q1 2024 | 2024-03-31 | −$187.3M | −$183.8M | — | −39.90% |
| Q4 2023 | 2023-12-31 | $720.0M | $184.6M | +34.48% | +149.81% |
| Q3 2023 | 2023-09-30 | $10.1M | −$388.0M | −97.46% | +2.15% |
| Q2 2023 | 2023-06-30 | $37.7M | $211.8M | — | +8.48% |
| Q1 2023 | 2023-03-31 | −$3.5M | $189.4M | — | −0.79% |
| Q4 2022 | 2022-12-31 | $535.4M | $598.2M | — | +121.85% |
| Q3 2022 | 2022-09-30 | $398.1M | $304.9M | +327.22% | +90.60% |
| Q2 2022 | 2022-06-30 | −$174.1M | −$250.7M | — | −39.45% |
| Q1 2022 | 2022-03-31 | −$192.9M | $42.7M | — | −52.19% |
| Q4 2021 | 2021-12-31 | −$62.8M | −$4.3M | — | −17.65% |
| Q3 2021 | 2021-09-30 | $93.2M | $62.9M | +207.36% | +26.53% |
| Q2 2021 | 2021-06-30 | $76.6M | −$288.4M | −79.02% | +22.67% |
| Q1 2021 | 2021-03-31 | −$235.6M | −$555.1M | — | −78.22% |
| Q4 2020 | 2020-12-31 | −$58.5M | −$492.6M | — | −20.58% |
| Q3 2020 | 2020-09-30 | $30.3M | −$64.7M | −68.08% | +10.92% |
| Q2 2020 | 2020-06-30 | $364.9M | $375.5M | — | +144.17% |
| Q1 2020 | 2020-03-31 | $319.6M | $277.8M | +665.87% | +101.73% |
| Q4 2019 | 2019-12-31 | $434.2M | $255.4M | +142.82% | +144.67% |
| Q3 2019 | 2019-09-30 | $95.0M | −$140.6M | −59.68% | +29.06% |
| Q2 2019 | 2019-06-30 | −$10.6M | $163.8M | — | −3.37% |
| Q1 2019 | 2019-03-31 | $41.7M | −$31.3M | −42.87% | +15.67% |
| Q4 2018 | 2018-12-31 | $178.8M | $22.0M | +14.04% | +64.94% |
| Q3 2018 | 2018-09-30 | $235.6M | $207.0M | +723.61% | +96.20% |
| Q2 2018 | 2018-06-30 | −$174.3M | −$127.7M | — | −73.61% |
| Q1 2018 | 2018-03-31 | $73.0M | $155.7M | — | +30.47% |
| Q4 2017 | 2017-12-31 | $156.8M | $233.9M | — | +47.61% |
| Q3 2017 | 2017-09-30 | $28.6M | $62.0M | — | +8.83% |
| Q2 2017 | 2017-06-30 | −$46.6M | $111.8M | — | −15.34% |
| Q1 2017 | 2017-03-31 | −$82.6M | −$148.6M | — | −28.36% |
| Q4 2016 | 2016-12-31 | −$77.1M | −$258.2M | — | −27.06% |
| Q3 2016 | 2016-09-30 | −$33.4M | −$208.5M | — | −11.60% |
| Q2 2016 | 2016-06-30 | −$158.4M | −$24.2M | — | −67.73% |
| Q1 2016 | 2016-03-31 | $65.9M | −$93.7M | −58.69% | +32.01% |
| Q4 2015 | 2015-12-31 | $181.1M | −$99.2M | −35.38% | +85.19% |
| Q3 2015 | 2015-09-30 | $175.2M | $21.2M | +13.79% | +77.48% |
| Q2 2015 | 2015-06-30 | −$134.3M | −$27.4M | — | −62.84% |
| Q1 2015 | 2015-03-31 | $159.6M | $248.7M | — | +78.89% |
| Q4 2014 | 2014-12-31 | $280.3M | $224.8M | +405.03% | +132.31% |
| Q3 2014 | 2014-09-30 | $153.9M | $228.7M | — | +69.29% |
| Q2 2014 | 2014-06-30 | −$106.8M | −$103.2M | — | −53.00% |
| Q1 2014 | 2014-03-31 | −$89.1M | −$112.1M | — | −48.96% |
| Q4 2013 | 2013-12-31 | $55.5M | −$35.4M | −38.92% | +30.45% |
| Q3 2013 | 2013-09-30 | −$74.8M | −$94.2M | — | −39.05% |
| Q2 2013 | 2013-06-30 | −$3.6M | $19.7M | — | −2.03% |
| Q1 2013 | 2013-03-31 | $23.0M | $66.2M | — | +13.91% |
| Q4 2012 | 2012-12-31 | $90.9M | −$29.5M | −24.50% | +53.77% |
| Q3 2012 | 2012-09-30 | $19.4M | −$7.5M | −27.83% | +12.04% |
| Q2 2012 | 2012-06-30 | −$23.3M | $47.0M | — | −15.21% |
| Q1 2012 | 2012-03-31 | −$43.2M | $7.7M | — | −30.83% |
| Q4 2011 | 2011-12-31 | $120.4M | $144.2M | — | +86.07% |
| Q3 2011 | 2011-09-30 | $26.9M | $12.1M | +82.36% | +17.69% |
| Q2 2011 | 2011-06-30 | −$70.2M | −$40.3M | — | −49.72% |
| Q1 2011 | 2011-03-31 | −$51.0M | −$50.6M | — | −42.43% |
| Q4 2010 | 2010-12-31 | −$23.9M | −$37.4M | — | −20.79% |
| Q3 2010 | 2010-09-30 | $14.7M | — | — | +14.70% |
| Q2 2010 | 2010-06-30 | −$30.0M | — | — | −32.81% |
| Q1 2010 | 2010-03-31 | −$343,000 | — | — | −0.41% |
| Q3 2009 | 2009-09-30 | $13.5M | — | — | +15.71% |
Wex free cash flow growth trends
Over the last five reported fiscal years, free cash flow declined from $656.3M to $313.7M, a compound annual decline of 13.73%. Wex's latest reported quarter, Q2 2026, generated −$121.1M in free cash flow, a decrease of $351.1M year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Wex filings at SEC.gov ↗