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

Wex (WEX) has reported Cost of Revenue for 18 consecutive years, with $280.1 million the latest figure, recorded in Q1 2026.

• Cost of Revenue for Q1 2026 came in at $280.1 million, up 67.22% year-over-year; the trailing twelve-month figure through Mar 2026 was $611.0 million (up 36.38% YoY), and the FY2025 annual result was $387.0 million, down 40.25% 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.
• Average Cost of Revenue over 5 years is $131.3 million, with a median of $149.7 million recorded in 2023.
• Year-over-year, Cost of Revenue soared 389.05% in 2022 and slumped 151.78% in 2024.
• Over 5 years, Cost of Revenue stood at $76.5 million in 2022, then soared by 234.51% to $255.9 million in 2023, then plunged by 151.78% to -$132.5 million in 2024, then grew by 20.83% to -$104.9 million in 2025, then jumped by 367.02% to $280.1 million in 2026.
• Per Business Quant data, the three most recent Cost of Revenue figures were $280.1 million in Q1 2026, -$104.9 million in Q4 2025, and $163.1 million in Q3 2025.