Wex INC. DEFA14A Filing
Ticker: WEX · Form: DEFA14A · Filed: Apr 6, 2026 · CIK: 0001309108
Sentiment: neutral
Filing Stats: 3,710 words · 15 min read · ~12 pages · Grade level 9.8 · Accepted 2026-04-06 08:09:09
Key Financial Figures
- $100 million — me horizon, the fund has sold more than $100 million of WEX stock over the last year –
- $75 million — the last year – including nearly $75 million in the first quarter of 2026 alone &nda
Filing Documents
- ea0285160-defa14a_wexinc.htm (DEFA14A) — 111KB
- ea028516001_img1.jpg (GRAPHIC) — 32KB
- ea028516001_img2.jpg (GRAPHIC) — 35KB
- 0001213900-26-040160.txt ( ) — 205KB
Business
Business WEX is guided by a clear purpose: to simplify the business of running a business. We create solutions that enable our customers to make, receive, monitor and manage payments, helping them save time and money and make better decisions. Our solutions span three large, growing markets – Mobility, Benefits and Corporate Payments – where reliability, compliance and control are critical. Across these markets, our scale, proprietary data and payments expertise provide a strong, durable competitive advantage. We have three reportable segments, each of which shares a common backbone, including foundational technology and global compliance infrastructure. These segments also benefit from WEX Bank, our banking subsidiary, which provides access to lower-cost funding and enables us to earn higher returns than our peers on the custodial assets in our Benefits business. This integrated platform creates operating leverage, lowers unit costs and drives innovation across the enterprise. Improving Results Against a dynamic macroeconomic backdrop, our strategy is working and our team is executing well. In 2025, we delivered record revenue. We also made significant progress on important strategic initiatives, increasing the pace of product innovation by more than 50%, driven by focused investment, greater operational discipline and the successful deployment of AI tools. Over the last ten years, we have compounded our revenue by 11% annually, our net income per diluted share by 35% annually and our adjusted net income per diluted share by 17% annually. From 2016 through 2025, our revenue growth exceeded the median of the companies in the performance peer group described in our proxy. And during the last five years, volume in our Corporate Payments business has grown at double-digit rates and transaction volume in Mobility and account growth in our Benefits segment have outpaced our closest peers. We have also achieved healthy margins and delivered stron