Wex WEX
NYSE WEX
$187.15 -6.76 (-3.49%)
As of: Sep 8, 2026 · 3:59 PM EDT

Wex (WEX) Change in Taxes (2009 - 2023)

Wex's (WEX) quarterly Change in Taxes came in at $22.7 million in Q4 2023, up 1131.82% on a YoY basis from $1.8 million in Q4 2022, and up 240.12% quarter-over-quarter from -$16.2 million in Q3 2023.

Analysis

Wex (WEX) Change in Taxes (2009 - 2023) Analysis & Trends

Wex (WEX) has reported Change in Taxes for 15 consecutive years, with $22.7 million the latest figure, recorded in Q4 2023.

  • For the quarter ending Q4 2023, Change in Taxes rose 1131.82% year-over-year to $22.7 million; the trailing twelve-month figure through Dec 2023 stood at -$8.2 million (down 195.35% YoY), and the FY2025 full-year result was $30.0 million, up 195.85% from the prior year.
  • Change in Taxes grew to $22.7 million in Q4 2023 per WEX's latest filing, from -$16.2 million in the prior quarter.
  • Across five years, Change in Taxes topped out at $30.7 million in Q1 2023 and bottomed at -$45.4 million in Q2 2023.
  • Historically, Change in Taxes has averaged $365850.0 across 5 years, with a median of -$405500.0 in 2019.
  • The sharpest annual moves came in 2021 and 2023: Change in Taxes plunged 2782.16% in 2021, then jumped 1131.82% in 2023.
  • Over 5 years, Change in Taxes stood at $2.8 million in 2019, then sank by 412.78% to -$8.6 million in 2020, then surged by 291.12% to $16.5 million in 2021, then slumped by 113.36% to -$2.2 million in 2022, then surged by 1131.82% to $22.7 million in 2023.
  • According to Business Quant data, Change in Taxes over the past three periods registered $22.7 million, -$16.2 million, and -$45.4 million for Q4 2023, Q3 2023, and Q2 2023 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Change in Taxes (Qtr)
1 Block 47.96 Bn 41.53 Bn 3.17 Bn -
2 PayPal Holdings 46.69 Bn 35.44 Bn - -
3 Fiserv 26.99 Bn 26.36 Bn 3.59 Bn -
4 Corpay 26.69 Bn 19.68 Bn 1.19 Bn -
5 Global Payments 24.17 Bn 18.76 Bn 2.03 Bn -140.50 Mn
6 Wex 6.49 Bn 384.52 Mn 463.80 Mn -
7 Aci Worldwide 5.27 Bn 5.10 Bn 181.57 Mn -
8 Paymentus Holdings 4.46 Bn 4.08 Bn 94.31 Mn -
9 dLocal 4.35 Bn 3.47 Bn 127.15 Mn -16.05 Mn
10 Sezzle 4.00 Bn 3.91 Bn - -
Historic Data

Historic Data

Download Data
DateValue
Dec 31, 2023 22.70 Mn
Sep 30, 2023 -16.20 Mn
Jun 30, 2023 -45.40 Mn
Mar 31, 2023 30.70 Mn
Dec 31, 2022 -2.20 Mn
Sep 30, 2022 4.00 Mn
Jun 30, 2022 -18.00 Mn
Mar 31, 2022 24.80 Mn
Dec 31, 2021 16.46 Mn
Sep 30, 2021 687,000.00
Jun 30, 2021 -9.17 Mn
Mar 31, 2021 -3.88 Mn
Dec 31, 2020 -8.61 Mn
Sep 30, 2020 17.53 Mn
Jun 30, 2020 342,000.00
Mar 31, 2020 5.82 Mn
Dec 31, 2019 2.75 Mn
Sep 30, 2019 -6.07 Mn
Jun 30, 2019 -7.80 Mn
Mar 31, 2019 -1.15 Mn