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

Wex (WEX) posted Current Deferred Revenue of $3.1 billion for Q4 2022, little changed quarter-over-quarter from $3.1 billion in Q3 2022, and up 55.18% year-on-year from $2.0 billion in Q4 2021.

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.

  • Current Deferred Revenue for Q4 2022 came in at $3.1 billion, up 55.18% year-over-year; the trailing twelve-month figure through Dec 2022 was $3.1 billion (up 55.18% YoY), and the FY2022 annual result was $3.1 billion, up 55.18% from the prior year.
  • Current Deferred Revenue was $3.1 billion for Q4 2022 at Wex, roughly flat from $3.1 billion in the prior quarter.
  • Over five years, Current Deferred Revenue peaked at $3.1 billion in Q3 2022 and troughed at $835.3 million in Q1 2019.
  • Average Current Deferred Revenue over 5 years is $1.5 billion, with a median of $1.1 billion recorded in 2020.
  • Year-over-year, Current Deferred Revenue slumped 30.47% in 2020 and jumped 209.52% in 2022.
  • Over 5 years, Current Deferred Revenue stood at $927.4 million in 2018, then surged by 41.34% to $1.3 billion in 2019, then slumped 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.
  • Per Business Quant data, the three most recent Current Deferred Revenue figures were $3.1 billion in Q4 2022, $3.1 billion in Q3 2022, and $2.9 billion in Q2 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn
10 Wex 4.92 Bn -486.44 Mn 393.70 Mn

Historic Data

Download Data
DateValue
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