WEX Inc.
Cash Flow Statement
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating Activities | ||||||||
| Net Income | $108.5M | $77.7M | $84.2M | $80.3M | $68.1M | $71.5M | $63.9M | $102.9M |
| Depreciation & Amortization | $43.7M | $81.6M | $158.9M | $44.7M | $46.0M | $81.5M | $149.1M | $46.9M |
| Depreciation | — | — | — | — | — | — | — | — |
| Amortization | — | — | — | — | — | — | — | — |
| Stock-Based Compensation | $36.4M | $27.5M | $22.5M | $33.5M | $31.7M | $12.6M | $22.1M | $28.6M |
| Net Cash from Operating Activities | $-77.6M | $-330.8M | $294.7M | $376.6M | $264.6M | $-481.6M | $638.4M | $3.3M |
| Investing Activities | ||||||||
| Capital Expenditures | $43.5M | $37.5M | $58.6M | $35.0M | $34.6M | $32.6M | $38.7M | $35.0M |
| Business Acquisitions | — | — | — | — | — | — | — | — |
| Net Cash from Investing Activities | $-255.9M | $-524.1M | $-302.6M | $21.5M | $-392.3M | $-23.5M | $-236.6M | $-321.3M |
| Financing Activities | ||||||||
| Dividends Paid | — | — | — | — | — | — | — | — |
| Stock Repurchases | $63.8M | $0 | $0 | $100.0K | $9.7M | $790.0M | $108.4M | $370.0M |
| Net Cash from Financing Activities | $873.0M | $423.1M | $202.1M | $-443.6M | $342.0M | $318.4M | $-219.2M | $-187.8M |
| Net Change in Cash | $533.6M | $-438.1M | $197.0M | $-50.0M | $253.9M | $-159.5M | $125.2M | $-466.5M |
| Free Cash Flow | $-121.1M | $-368.3M | $236.1M | $341.6M | $230.0M | $-514.2M | $599.7M | $-31.7M |