Wex (WEX) Current Deferred Revenue (2017 - 2022)
Wex's (WEX) quarterly Current Deferred Revenue came in at $3.1 billion in Q4 2022, up 55.18% on a YoY basis from $2.0 billion in Q4 2021, and little changed quarter-over-quarter from $3.1 billion in Q3 2022.
Analysis
Wex (WEX) Current Deferred Revenue (2017 - 2022) Analysis & Trends
Wex (WEX) has reported Current Deferred Revenue for 6 consecutive years, with $3.1 billion the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Current Deferred Revenue rose 55.18% year-over-year to $3.1 billion; the trailing twelve-month figure through Dec 2022 stood at $3.1 billion (up 55.18% YoY), and the FY2022 full-year result was $3.1 billion, up 55.18% from the prior year.
- Current Deferred Revenue held at $3.1 billion in Q4 2022 per WEX's latest filing, from $3.1 billion in the prior quarter.
- Across five years, Current Deferred Revenue topped out at $3.1 billion in Q3 2022 and bottomed at $835.3 million in Q1 2019.
- Historically, Current Deferred Revenue has averaged $1.5 billion across 5 years, with a median of $1.1 billion in 2020.
- The sharpest annual moves came in 2020 and 2022: Current Deferred Revenue sank 30.47% in 2020, then soared 209.52% in 2022.
- Over 5 years, Current Deferred Revenue stood at $927.4 million in 2018, then jumped by 41.34% to $1.3 billion in 2019, then sank by 30.47% to $911.4 million in 2020, then soared by 122.34% to $2.0 billion in 2021, then jumped 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 3.14 Bn |
| Sep 30, 2022 | 3.15 Bn |
| Jun 30, 2022 | 2.89 Bn |
| Mar 31, 2022 | 2.23 Bn |
| Dec 31, 2021 | 2.03 Bn |
| Sep 30, 2021 | 1.02 Bn |
| Jun 30, 2021 | 1.11 Bn |
| Mar 31, 2021 | 1.04 Bn |
| Dec 31, 2020 | 911.40 Mn |
| Sep 30, 2020 | 1.08 Bn |
| Jun 30, 2020 | 1.16 Bn |
| Mar 31, 2020 | 1.14 Bn |
| Dec 31, 2019 | 1.31 Bn |
| Sep 30, 2019 | 1.16 Bn |
| Jun 30, 2019 | 1.09 Bn |
| Mar 31, 2019 | 835.34 Mn |
| Dec 31, 2018 | 927.44 Mn |
| Sep 30, 2018 | 878.07 Mn |
| Dec 31, 2017 | 986.99 Mn |