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

Wex has reported Current Deferred Revenue for 6 years, with the latest figure at $3.1 billion 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 for Q4 2022 stood at $3.1 billion, roughly flat from $3.1 billion in the prior quarter.
• The five-year high for Current Deferred Revenue was $3.1 billion in Q3 2022, with the low 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.
• Annual changes were most pronounced in 2020 — Current Deferred Revenue plunged 30.47% — and 2022, when it surged 209.52%.
• Wex's Current Deferred Revenue 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.