Wex (WEX) Current Deferred Revenue (2017 - 2022)

Wex (WEX) has reported Current Deferred Revenue for 6 consecutive years, with $3.1 billion the latest figure, recorded in Q4 2022.

• Quarterly Current Deferred Revenue rose 55.18% year-over-year to $3.1 billion in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $3.1 billion (up 55.18% YoY) and the FY2022 annual result came in at $3.1 billion, up 55.18% from the prior year.
• Current Deferred Revenue was little changed at $3.1 billion in Q4 2022 per WEX's latest filing, from $3.1 billion in the prior quarter.
• Over the last five years, Current Deferred Revenue for WEX reached as high as $3.1 billion in Q3 2022 and fell as low as $835.3 million in Q1 2019.
• A 5-year average of $1.5 billion and a median of $1.1 billion in 2020 frame the typical range for Current Deferred Revenue.
• Annual changes were most pronounced in 2020 — Current Deferred Revenue tumbled 30.47% — and 2022, when it soared 209.52%.
• Year by year, Current Deferred Revenue stood at $927.4 million in 2018, then surged by 41.34% to $1.3 billion in 2019, then plunged by 30.47% to $911.4 million in 2020, then jumped by 122.34% to $2.0 billion in 2021, then surged by 55.18% to $3.1 billion in 2022.
• According to Business Quant data, Current Deferred Revenue over the past three periods registered $3.1 billion, $3.1 billion, and $2.9 billion for Q4 2022, Q3 2022, and Q2 2022 respectively.