FinEdge Labs
W

WEX

WEXVerified
5 segments tracked|6 years of data|Annual (10-K)
Total Revenue
$2.2B0.6%
FY2024
Operating Segments
5
Active segments
Blended Margin
0.0%
Operating margin
Highest Margin
0.0%
Payment Processing Revenue
Segment Shift

Payment Processing Revenue has grown from 56.8% to 55.4% of total revenue since FY2019, with 0.0% operating margins. Meanwhile, Account Servicing Revenue is the fastest growing at +6.9% YoY.

Segment Revenue Over Time

Revenue Mix

Segment Breakdown — FY2024

SegmentRevenueOp. IncomeMargin% of TotalYoY
Payment Processing Revenue$1.2B$00.0%55.4%-1.1%
Account Servicing Revenue$534M$00.0%24.7%+6.9%
Finance Fee Revenue$298M$00.0%13.8%-5.1%
Product And Service Other$133M$00.0%6.1%+0.0%

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