KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Cost Of Revenue (2016 - 2025)

Wex (WEX) has disclosed Cost of Revenue for 16 consecutive years, with $134.4 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Cost of Revenue rose 149.94% year-over-year to $134.4 million, compared with a TTM value of $665.2 million through Dec 2025, up 95.07%, and an annual FY2025 reading of $665.2 million, up 95.07% over the prior year.
  • Cost of Revenue was $134.4 million for Q4 2025 at Wex, down from $163.1 million in the prior quarter.
  • Across five years, Cost of Revenue topped out at $270.0 million in Q1 2025 and bottomed at -$366.8 million in Q4 2022.
  • Average Cost of Revenue over 5 years is $85.3 million, with a median of $141.9 million recorded in 2022.
  • The sharpest move saw Cost of Revenue crashed 178.84% in 2022, then skyrocketed 234.42% in 2024.
  • Year by year, Cost of Revenue stood at -$131.5 million in 2021, then plummeted by 178.84% to -$366.8 million in 2022, then skyrocketed by 66.22% to -$123.9 million in 2023, then plummeted by 117.19% to -$269.1 million in 2024, then skyrocketed by 149.94% to $134.4 million in 2025.
  • Business Quant data shows Cost of Revenue for WEX at $134.4 million in Q4 2025, $163.1 million in Q3 2025, and $97.7 million in Q2 2025.