What move does the options market price into WEX's report?

Implied ±14.4%, either direction · provisional.

WEXNYSEServices-Business Services, NEC

WEX Inc. (WEX) earnings date, market-implied expected move, and options open interest by expiry

184.14

+0.67 · +0.37%

post 184.14 0.00%

Closed16:00 ET

Open183.00Volume486,365Mkt cap$6.1BP/E15.69EPS11.74

Day182.99 – 185.9439%52-wk125.29 – 203.9975%

WEX

WEX Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±14.4%implied · straddle

158.05211.17

spot 184.61exp Feb 19ATM strike 185ATM straddle 31.25IV 39%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Feb 3

after close · in 96 days

est.Q4 FY26

Calendar

Next report

Last report

−3.08%

vs ±8.5% implied · ×0.36

shaded = implied · ▲▼ = realized

Oct 28 '26 · confirmed

Implied vs realized

Linked news

11hBP · customerBP underlying RC profit $8,458 million, operating cash flow $14,829 million, net debt $13,870 million
13hV · supplierSecret SantAI? Visa Survey Finds Americans Quietly Turning to AI for Holiday Shopping Help
1dMA · supplierMastercard Q3 net income $4,628 million, net revenue $9,807 million, EPS $5.28

News

Largest filed tie

13F top-10 QoQ

+1.49%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

413 managers

Top fund weight

0.13%

WEX weight · MDY

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

WEX (WEX) is expected to report on Feb 3 after close (estimated date).

Implied vs realized

2 reports

—≥ implied

Q2 FY26Jul 22 '26confirmed—▲+2.73%—

Q3 FY26Oct 28 '26confirmed±8.5%▼−3.08%×0.36

quarterimplied−10%0+10%realized×

Q3 FY26±8.5%▼−3.08%×0.36

Q2 FY26—▲+2.73%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Oct 27 close

0.48OI · 3 expiries · Oct 27 closeP/C open interest · Feb 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

787+4%Nov 2021d0.86915+2%0.86

57—Dec 1849d14.254—14.25

report · Feb 3 · after close · est.

820%Feb 19112d172+40%

ExpiryPutsCallsP/C

Nov 2021d787+4%915+2%0.86

Dec 1849d57—4—14.25

report · Feb 3 · after close · est.

Feb 19112d82

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±14.4%

Funds 3

MDY±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

17.19%as filednet margin · revenue +3.53% QoQ · +12.76% YoY

Revenue

$780M+3.53% QoQ

Gross profit

$493M+6.23% QoQ

63.16% margin

Operating income

$239M+17.52% QoQ

30.61% margin

Pre-tax income

$186M+23.26% QoQ

Net income

$134M+23.59% QoQ

17.19% margin

Cost of revenue

$287M−0.79% QoQ

Operating expenses

$254M−2.61% QoQ

Marketing $109M

SG&A $101M

Depreciation $44M

Other expense

$53M

Tax

$51M+22.67% QoQ

Revenue$780M+3.53%

Gross profit

$493M+6.23%

63.16% margin

Operating income

$239M+17.52%

30.61% margin

Pre-tax income

$186M+23.26%

Net income

$134M+23.59%

17.19% margin

Cost of revenue

$287M−0.79%

Operating expenses

$254M−2.61%

Marketing $109M

SG&A $101M

Depreciation $44M

Other expense

$53M

Tax$51M+22.67%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.27· ±2.0% vs ±1.6% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±2.0%7 of 11×1.27

CPIconsumer prices±1.9%5 of 11×1.22

FOMCrate decision±1.7%7 of 24×1.11

CPROFcorporate profits±1.6%5 of 12×0.99

GDPgross domestic product±1.5%6 of 19×0.94

PCEpersonal income & outlays±1.2%6 of 19×0.79

NFPjobs report±1.2%6 of 10×0.77

Bar = avg |move| to ±2% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 3.88 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 28 '26 · confirmed	3.88	—
Q2 FY26	Jul 22 '26 · confirmed	3.11	—
Q1 FY26	—	2.22	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod