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% YoY from $2.0 billion in Q4 2021, and little changed on a QoQ basis from $3.1 billion in Q3 2022.
Wex (WEX) Current Deferred Revenue (2017 - 2022) Analysis & Trends
Wex (WEX) has 6 years of Current Deferred Revenue data on file, last reported at $3.1 billion 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 held at $3.1 billion in Q4 2022, from $3.1 billion in the prior quarter.
- In the past five years, Current Deferred Revenue ranged from a high of $3.1 billion in Q3 2022 to a low of $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 plunged 30.47% — and 2022, when it surged 209.52%.
- Tracing WEX's Current Deferred Revenue over 5 years: stood at $927.4 million in 2018, then surged by 41.34% to $1.3 billion in 2019, then tumbled 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.
- The last three Current Deferred Revenue figures came in at $3.1 billion (Q4 2022), $3.1 billion (Q3 2022), and $2.9 billion (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn |
Historic Data
Download 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 |