WEX

WEX · NYSE

$185.12+$1.86 (+1.01%)TodayMarket closed · Oct 20, 4:05 PM ET

Prev close $183.26

About WEX

WEX, Inc. engages in the provision of payment processing and information management solutions. The company is headquartered in Portland, Maine and currently employs 6,600 full-time employees. The company went IPO on 2005-02-16. The firm has three segments: Mobility, Benefits and Corporate Payments. Its Mobility segment provides payment solutions, transaction processing, and information management services to a diverse customer base globally. Its Benefits segment simplifies employee benefit plan administration through Software as a service (SaaS) software integrated with payment solutions, delivering diverse product offerings including Benefit Administration, HSAs, FSAs, HRAs, COBRA and Direct Billing and compliance administration. Its Corporate Payments segment delivers global B2B payment solutions, including its Direct to Corporate solution that integrates with ERPs and accounting workflows to maximize virtual payment usage, and its Embedded Payments solution that integrates virtual payment capabilities into existing workflows for a range of industries, including online travel.

Employees: 6,600
Headquarters: Portland, Maine
Listed: Feb 16, 2005
Sector: Financials
Industry: Financial Services
Website: wexinc.com

Leadership

WEX executives
Name	Title	Since	Age
Melissa Smith	—	1999	56
Jack Vanwoerkom	—	—	71
Jagtar Narula	—	—	54
Sandy Kuohn	—	—	—
Sachin Dhawan	—	—	50
Jennifer Kimball	—	—	50
Ann Drew	—	—	54
Carlos Carriedo	—	—	50
Joel Dearborn	—	—	46
Robert Deshaies	—	—	59
Karen Stroup	—	—	49
Sara Trickett	—	—	46
Nancy Altobello	—	—	67
Daniel Callahan	—	—	68
Aimee Cardwell	—	—	57
David Foss	—	—	—
Shikhar Ghosh	—	—	67
James Groch	—	—	63
James Neary	—	—	60
Derrick Roman	—	—	61
Stephen Smith	—	—	54
Susan Sobbott	—	—	60
Steven Elder	—	—	54

Revenue by product and region

Fiscal year ended Dec 31, 2025: $1.85B total revenue

By product

Payment processing revenue$1.14B61.9%
Account servicing revenue$560.10M30.4%
Other revenue$142.50M7.7%

Suppliers and customers

Price correlation is over one year: 1 means the stocks move together, -1 opposite

WEX suppliers and customers
Company	Relationship	Country	Correlation
Visa A V	Supplier	US	0.60
Mastercard A MA	Supplier	US	0.37
ChargePt Hldg A CHPT	Customer	US	0.35
SAP SAP.DE	Supplier and customer	DE	0.08
Bill com Holdings BILL	Customer	US	-0.13
Apple AAPL	Supplier and customer	US	-0.56
JB Hunt Transport Svcs JBHT	Customer	US	-0.56
Ford Motor F	Customer	US	-0.60
Alphabet A GOOGL	Supplier and customer	US	-0.60
AvidXchange AVDX	Customer	US	—

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