Wex (WEX) Cost of Revenue (2009 - 2026)
Wex's (WEX) quarterly Cost of Revenue came in at $289.7 million in Q2 2026, up 6.23% YoY from $272.7 million in Q2 2025, and up 3.43% on a QoQ basis from $280.1 million in Q1 2026.
Wex (WEX) Cost of Revenue (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of Cost of Revenue data on file, last reported at $289.7 million in Q2 2026.
- Quarterly Cost of Revenue rose 6.23% year-over-year to $289.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $1.1 billion (up 7.45% YoY) and the FY2025 annual result came in at $1.1 billion, up 6.05% from the prior year.
- Cost of Revenue rose to $289.7 million in Q2 2026, from $280.1 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $289.7 million in Q2 2026 to a low of $202.2 million in Q1 2022.
- A 5-year average of $256.2 million and a median of $256.8 million in 2023 frame the typical range for Cost of Revenue.
- Annual changes were most pronounced in 2022 — Cost of Revenue jumped 40.11% — and 2023, when it declined 6.74%.
- Tracing WEX's Cost of Revenue over 5 years: stood at $251.9 million in 2022, then rose by 1.59% to $255.9 million in 2023, then rose by 0.66% to $257.6 million in 2024, then increased by 10.09% to $283.6 million in 2025, then increased by 2.15% to $289.7 million in 2026.
- The last three Cost of Revenue figures came in at $289.7 million (Q2 2026), $280.1 million (Q1 2026), and $283.6 million (Q4 2025), per Business Quant data.
Peer Comparison
Historic Data
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