KPIs & Operating Metrics(New)
Growth Metrics

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

Wex has reported Cost of Revenue over the past 18 years, most recently at $280.1 million for Q1 2026.

  • Quarterly Cost of Revenue rose 67.22% to $280.1 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $611.0 million through Mar 2026, up 36.38% year-over-year, with the annual reading at $387.0 million for FY2025, 40.25% down from the prior year.
  • Cost of Revenue was $280.1 million for Q1 2026 at Wex, up from -$104.9 million in the prior quarter.
  • Over five years, Cost of Revenue peaked at $280.1 million in Q1 2026 and troughed at -$132.5 million in Q4 2024.
  • The 5-year median for Cost of Revenue is $149.7 million (2023), against an average of $131.3 million.
  • Biggest five-year swings in Cost of Revenue: surged 389.05% in 2022 and later crashed 151.78% in 2024.
  • Tracing WEX's Cost of Revenue over 5 years: stood at $76.5 million in 2022, then skyrocketed by 234.51% to $255.9 million in 2023, then crashed by 151.78% to -$132.5 million in 2024, then increased by 20.83% to -$104.9 million in 2025, then surged by 367.02% to $280.1 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods came in at $280.1 million, -$104.9 million, and $163.1 million for Q1 2026, Q4 2025, and Q3 2025 respectively.