Wex (WEX) Cost of Revenue (2009 - 2026)

Wex has reported Cost of Revenue for 18 years, with the latest figure at $280.1 million in Q1 2026.

• For the quarter ending Q1 2026, Cost of Revenue rose 67.22% year-over-year to $280.1 million; the trailing twelve-month figure through Mar 2026 stood at $611.0 million (up 36.38% YoY), and the FY2025 full-year result was $387.0 million, down 40.25% from the prior year.
• Cost of Revenue for Q1 2026 stood at $280.1 million, up from -$104.9 million in the prior quarter.
• The five-year high for Cost of Revenue was $280.1 million in Q1 2026, with the low at -$132.5 million in Q4 2024.
• Historically, Cost of Revenue has averaged $131.3 million across 5 years, with a median of $149.7 million in 2023.
• Annual changes were most pronounced in 2022 — Cost of Revenue jumped 389.05% — and 2024, when it plunged 151.78%.
• Wex's Cost of Revenue stood at $76.5 million in 2022, then soared by 234.51% to $255.9 million in 2023, then sank by 151.78% to -$132.5 million in 2024, then gained by 20.83% to -$104.9 million in 2025, then jumped by 367.02% to $280.1 million in 2026.
• The last three Cost of Revenue figures came in at $280.1 million (Q1 2026), -$104.9 million (Q4 2025), and $163.1 million (Q3 2025), per Business Quant data.