Wex Revenue, Growth & Competitor Profile

Company Profile & Annual Report for Wex

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Wex Fast Facts

Revenue	Over $500 million    See Exact Annual Revenue
Employees	Over 1,000Exact Company Size
Primary Industry	51821 Data Centers & Hosting Services
Additional NAICS Codes	517911 Telecommunications Resellers
Address	1 Hancock St Portland, ME 04101

Note: Revenues for privately held companies are statistical evaluations.


Wex's Annual Report & Profile shows critical firmographic facts:

• What is the company's size? (Annual sales and employees)
  • Wex's annual revenues are Over $500 million (see exact revenue data)
• What industry is the company in?
  • Wex is classified as operating in the Data Centers & Hosting Services industry, NAICS Code 51821.

Wex Annual Revenue and Growth Rate

Wex	Revenue Est. ($ Million)	Growth Rate (%)	# Employees
2023	Over $500 million Details in Premium Report
2022
2021
2020
2019

1-Year Growth Rate: 3-Year Growth Rate (CAGR):

Note: Wex's revenues are gauged from an analysis of company filings.

Wex's Income Statement (based on Industry Averages)

Wex P&L	$ Millions
Revenue (Sales)
Cost of Goods Sold
Gross Profit
Operating Expenses
Advertising
Salaries and wages
Other Operating Expenses
Total Operating Expenses
Operating Income
EBITDA
EBIT (Earnings Before Interest and Taxes)
Net Profit

Trademark Applications

Trademark applications show the products and services that Wex is developing and marketing. Wex's new tradmarks suggest it is investing in R&D and marketing, while expanding into new products or markets. Trademarks may include brand names, product names, logos and slogans.

Trademark	Date
WEX VENTURE CAPITAL Venture capital financing; venture capital fund management; venture capital funding services to emerging and start-up companies	08/25/2023
10-4 BY WEX Downloadable software in the nature of a mobile application for use in the field of fleet management; downloadable mobile application for processing fleet vehicle-related payments, namely, processing transactions of debit cards, credit cards, fuel cards, and special purpose card products; downloadable mobile application for processing payments related to fuel, electric vehicle charging, parking, auto repair services, and tolls; downloadable mobile application for identifying fuel stations and charging stations for electric vehicles; telematics apparatus, namely, wireless Internet devices which provide telematic services	07/27/2023
FLUME Downloadable software for enabling the electronic transfer of money between users; downloadable mobile application software for enabling the electronic transfer of money between users; downloadable software for enabling processing of electronic funds transfers and payments made via ACH (automated clearing house), wire, credit card, debit card, electronic check and electronic, mobile and online payments	12/14/2021

See all trademarks and details in the Full Report.

Market Share of Wex's Largest Competitors

A competitive analysis shows these companies are in the same general field as Wex, even though they may not compete head-to-head. These are the largest companies by revenue. However, they may not have the largest market share in this industry if they have diversified into other business lines. The "Competition" section of a business plan or investment memorandum would start by analyzing the information about these companies. Competitive advantage comes from offering better pricing or superior products/service.

Company	Headquarters	Revenue ($ MM)
UBER TECHNOLOGIES	San Francisco, CA	100
CONDUENT BUSINESS SERVICES	Florham Park, NJ	31
AUTOMATIC DATA PROCESSING	Roseland, NJ	29
SOCIOS BUENOS	Atlanta, GA	12
BROADRIDGE FINANCIAL SOLUTIONS	New Hyde Park, NY	11
STRATEGIC LIMITED PARTNERS	Grapevine, TX	10
EXPERIAN INFORMATION SOLUTIONS	Costa Mesa, CA	8
HUBSPOT	Cambridge, MA	6
ROKU	San Jose, CA	4

Nearby Competitors

These companies are similar in business line and location to Wex. While some companies compete with neighboring businesses for customers, other companies may compete to attract skilled employees.

Company	Headquarters	Revenue ($ MM)
WEX	Portland, ME	100
RXANTE	Portland, ME	8
ONPOINT HEALTH DATA	Portland, ME	2
NORTHERN DATA SYSTEMS OF MAINE	Falmouth, ME	1

Future Competition: Wex's Fastest Growing Competitors

These companies are in the same general field as Wex and are rapidly expanding. Companies may grow organically or through acquisition. In some cases apparently high growth rates may be caused by data that weren't available in previous years.

Company	Revenue ($ MM)