Wex annual operating expenses
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Wex Operating Expenses Growth & History (WEX)
Wex's operating expenses was $80.9M for fiscal 2025.
View full Wex company overviewWex annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $80.9M | −$62.3M | −43.51% |
| 2024 | 2024-12-31 | $143.2M | −$74.8M | −34.31% |
| 2023 | 2023-12-31 | $218.0M | −$71.4M | −24.67% |
| 2022 | 2022-12-31 | $289.4M | −$12.3M | −4.08% |
| 2021 | 2021-12-31 | $301.7M | −$245.7M | −44.89% |
| 2020 | 2020-12-31 | $547.4M | $385.6M | +238.27% |
| 2019 | 2019-12-31 | $161.8M | $93.6M | +137.31% |
| 2018 | 2018-12-31 | $68.2M | −$943.1M | −93.26% |
| 2017 | 2017-12-31 | $1.01B | $187.9M | +22.83% |
| 2016 | 2016-12-31 | $823.3M | $197.5M | +31.56% |
| 2015 | 2015-12-31 | $625.8M | $114.4M | +22.38% |
| 2014 | 2014-12-31 | $511.4M | $70.7M | +16.04% |
| 2013 | 2013-12-31 | $440.7M | $39.2M | +9.76% |
| 2012 | 2012-12-31 | $401.5M | $81.8M | +25.58% |
| 2011 | 2011-12-31 | $319.8M | $80.1M | +33.40% |
| 2010 | 2010-12-31 | $239.7M | $42.6M | +21.64% |
| 2009 | 2009-12-31 | $197.1M | −$29.7M | −13.09% |
| 2008 | 2008-12-31 | $226.7M | — | — |
Wex quarterly operating expenses
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Q2.24
Q3.24
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Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.4M | −$4.5M | −18.07% |
| Q1 2026 | 2026-03-31 | $23.9M | $6.9M | +40.59% |
| Q4 2025 | 2025-12-31 | $15.3M | −$10.1M | −39.76% |
| Q3 2025 | 2025-09-30 | $23.7M | −$9.7M | −29.04% |
| Q2 2025 | 2025-06-30 | $24.9M | −$21.8M | −46.68% |
| Q1 2025 | 2025-03-31 | $17.0M | −$20.7M | −54.91% |
| Q4 2024 | 2024-12-31 | $25.4M | −$40.8M | −61.63% |
| Q3 2024 | 2024-09-30 | $33.4M | −$25.9M | −43.68% |
| Q2 2024 | 2024-06-30 | $46.7M | −$3.4M | −6.79% |
| Q1 2024 | 2024-03-31 | $37.7M | −$4.7M | −11.08% |
| Q4 2023 | 2023-12-31 | $66.2M | $33.8M | +104.32% |
| Q3 2023 | 2023-09-30 | $59.3M | −$106.7M | −64.28% |
| Q2 2023 | 2023-06-30 | $50.1M | $4.2M | +9.15% |
| Q1 2023 | 2023-03-31 | $42.4M | −$2.7M | −5.99% |
| Q4 2022 | 2022-12-31 | $32.4M | −$22.2M | −40.65% |
| Q3 2022 | 2022-09-30 | $166.0M | $95.5M | +135.35% |
| Q2 2022 | 2022-06-30 | $45.9M | −$37.8M | −45.18% |
| Q1 2022 | 2022-03-31 | $45.1M | −$47.8M | −51.43% |
| Q4 2021 | 2021-12-31 | $54.6M | −$258.1M | −82.54% |
| Q3 2021 | 2021-09-30 | $70.5M | −$48.3M | −40.64% |
| Q2 2021 | 2021-06-30 | $83.7M | $21.3M | +34.08% |
| Q1 2021 | 2021-03-31 | $92.9M | $39.4M | +73.69% |
| Q4 2020 | 2020-12-31 | $312.7M | $296.5M | +1833.81% |
| Q3 2020 | 2020-09-30 | $118.8M | $75.9M | +177.09% |
| Q2 2020 | 2020-06-30 | $62.4M | $3.8M | +6.49% |
| Q1 2020 | 2020-03-31 | $53.5M | $9.3M | +21.11% |
| Q4 2019 | 2019-12-31 | $16.2M | −$28.0M | −63.36% |
| Q3 2019 | 2019-09-30 | $42.9M | — | — |
| Q2 2019 | 2019-06-30 | $58.6M | $57.3M | +4302.33% |
| Q1 2019 | 2019-03-31 | $44.1M | $16.9M | +61.92% |
| Q4 2018 | 2018-12-31 | $44.1M | −$220.0M | −83.29% |
| Q2 2018 | 2018-06-30 | $1.3M | −$255.0M | −99.48% |
| Q1 2018 | 2018-03-31 | $27.3M | −$203.3M | −88.18% |
| Q4 2017 | 2017-12-31 | $264.1M | $21.0M | +8.66% |
| Q3 2017 | 2017-09-30 | $260.3M | $27.1M | +11.62% |
| Q2 2017 | 2017-06-30 | $256.3M | $74.0M | +40.59% |
| Q1 2017 | 2017-03-31 | $230.6M | $65.8M | +39.93% |
| Q4 2016 | 2016-12-31 | $243.0M | $80.3M | +49.33% |
| Q3 2016 | 2016-09-30 | $233.2M | $74.9M | +47.30% |
| Q2 2016 | 2016-06-30 | $182.3M | $31.6M | +20.94% |
| Q1 2016 | 2016-03-31 | $164.8M | $10.8M | +6.98% |
| Q4 2015 | 2015-12-31 | $162.8M | $12.7M | +8.49% |
| Q3 2015 | 2015-09-30 | $158.3M | $38.7M | +32.36% |
| Q2 2015 | 2015-06-30 | $150.7M | $29.5M | +24.32% |
| Q1 2015 | 2015-03-31 | $154.0M | $33.5M | +27.81% |
| Q4 2014 | 2014-12-31 | $150.0M | $39.0M | +35.10% |
| Q3 2014 | 2014-09-30 | $119.6M | $6.0M | +5.26% |
| Q2 2014 | 2014-06-30 | $121.3M | $10.0M | +9.04% |
| Q1 2014 | 2014-03-31 | $120.5M | $15.7M | +14.97% |
| Q4 2013 | 2013-12-31 | $111.0M | −$8.5M | −7.07% |
| Q3 2013 | 2013-09-30 | $113.6M | $3.9M | +3.59% |
| Q2 2013 | 2013-06-30 | $111.2M | $21.0M | +23.31% |
| Q1 2013 | 2013-03-31 | $104.8M | $22.7M | +27.61% |
| Q4 2012 | 2012-12-31 | $119.5M | $40.4M | +51.07% |
| Q3 2012 | 2012-09-30 | $109.7M | $23.1M | +26.61% |
| Q2 2012 | 2012-06-30 | $90.2M | $10.1M | +12.59% |
| Q1 2012 | 2012-03-31 | $82.2M | $8.2M | +11.15% |
| Q4 2011 | 2011-12-31 | $79.1M | $7.2M | +9.99% |
| Q3 2011 | 2011-09-30 | $86.6M | $22.6M | +35.29% |
| Q2 2011 | 2011-06-30 | $80.1M | $28.0M | +53.77% |
| Q1 2011 | 2011-03-31 | $73.9M | $22.3M | +43.10% |
| Q4 2010 | 2010-12-31 | $71.9M | — | — |
| Q3 2010 | 2010-09-30 | $64.0M | $14.6M | +29.41% |
| Q2 2010 | 2010-06-30 | $52.1M | $6.6M | +14.47% |
| Q1 2010 | 2010-03-31 | $51.7M | — | — |
| Q3 2009 | 2009-09-30 | $49.5M | — | — |
| Q2 2009 | 2009-06-30 | $45.5M | — | — |
Wex operating expenses trends
Over the last five fiscal years, Wex's operating expenses decreased from $547.4M to $80.9M, a change of −$466.5M. The latest reported quarter, Q2 2026, shows $20.4M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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