WEX Inc.

WEX Inc. reported strong second-quarter 2026 financial results, with revenue increasing 14.2% to $753.5 million and adjusted net income per diluted share rising 35.4% to $5.35, exceeding previous guidance. The company also announced approximately $93 million in share repurchases from May through July 20. Following the strong performance, WEX raised its full-year 2026 revenue guidance to a range of $2.86 billion to $2.90 billion and adjusted net income guidance to $19.68 to $20.08 per diluted share.

WEX Inc. announced that its Board of Directors has authorized a new share repurchase program of up to $1.0 billion of the Company's common stock, with no expiration date. Additionally, at its annual meeting, stockholders elected all eleven nominated directors for one-year terms. Stockholders also approved the non-binding advisory proposal on the compensation of named executive officers and ratified Deloitte & Touche, LLP as the independent registered public accounting firm for the fiscal year ending December 31, 2026.

WEX Inc. announced a Cooperation Agreement with Impactive Capital Master Fund LP, resolving a potential proxy contest. The agreement includes significant changes to WEX's Board of Directors, setting its size to eleven and nominating three new independent directors: Kurt Adams, Ellen Alemany, and Lauren Taylor Wolfe. Following the Annual Meeting, the roles of Chair and Chief Executive Officer will be separated. The Annual Meeting has been rescheduled to May 14, 2026, to allow shareholders time to review supplemental proxy materials.

WEX Inc. filed its Form 10-Q for the first quarter ended March 31, 2026. This routine quarterly report includes the company's unaudited condensed consolidated financial statements, management's discussion and analysis of financial condition and results of operations, and other required disclosures. The filing confirms the company's compliance with SEC reporting requirements and lists 34,668,143 common shares outstanding as of April 17, 2026.

WEX Inc. filed earnings supplemental materials outlining forward-looking statements regarding management's plans, goals, expectations, and guidance for future financial performance. The document also details various known and unknown risks and uncertainties that could materially affect actual results, including fuel price volatility, general economic conditions, credit losses, and regulatory changes.