Wex (WEX) Cash & Equivalents (2009 - 2026)
Wex's Cash & Equivalents came in at $1.16 billion for Q2 2026, up 50.3% from $772.6 million a year earlier and up 83.3% from the prior quarter.
Analysis
Wex (WEX) Cash & Equivalents (2009 - 2026) Analysis & Trends
At the end of FY2025, Wex's Cash & Equivalents was $905.8 million, up 52.0% from FY2024.
- Cash & Equivalents carries a five-year compound annual growth rate of 1.2% (FY2020 to FY2025).
- Going back by year, Cash & Equivalents was $595.8 million in FY2024 (-38.9%), $975.8 million in FY2023 (+5.8%), $922 million in FY2022 (+56.6%) and $588.9 million in FY2021 (-30.9%).
- The Q2 2026 figure represents the highest quarterly Cash & Equivalents since Q3 2020.
- Year-over-year, Cash & Equivalents has increased for five consecutive quarters, with growth averaging 8.3% over the last eight quarters.
- The fastest year-over-year change in Cash & Equivalents over five years came in Q2 2023 (growth of 105.4%), and the weakest in Q3 2021 (a decline of 64.9%).
- Business Quant data shows WEX's Cash & Equivalents at $633.5 million (Q1 2026), $905.8 million (Q4 2025) and $812.9 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cash & Equiv. (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 8.61 Bn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 8.31 Bn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 6.43 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 5.90 Bn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 3.16 Bn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | 627.00 Mn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 5.41 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | 340.29 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 372.89 Mn |
| 10 | Wex | 5.79 Bn | -15.90 Bn | 463.80 Mn | 1.16 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.16 Bn |
| Mar 31, 2026 | 633.50 Mn |
| Dec 31, 2025 | 905.80 Mn |
| Sep 30, 2025 | 812.90 Mn |
| Jun 30, 2025 | 772.60 Mn |
| Mar 31, 2025 | 610.30 Mn |
| Dec 31, 2024 | 595.80 Mn |
| Sep 30, 2024 | 535.40 Mn |
| Jun 30, 2024 | 682.60 Mn |
| Mar 31, 2024 | 779.60 Mn |
| Dec 31, 2023 | 975.80 Mn |
| Sep 30, 2023 | 957.80 Mn |
| Jun 30, 2023 | 901.40 Mn |
| Mar 31, 2023 | 921.70 Mn |
| Dec 31, 2022 | 922.00 Mn |
| Sep 30, 2022 | 759.40 Mn |
| Jun 30, 2022 | 438.80 Mn |
| Mar 31, 2022 | 577.50 Mn |
| Dec 31, 2021 | 588.90 Mn |
| Sep 30, 2021 | 533.83 Mn |
API Access
Wex Cash & Equivalents API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cash-and-equivalents", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cash-and-equivalents&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();