Wex (WEX) Deferred Taxes (2009 - 2023)

Wex (WEX) has reported Deferred Taxes for 15 consecutive years, with -$20.9 million the latest figure, recorded in Q4 2023.

• Deferred Taxes for Q4 2023 came in at -$20.9 million, down 242.62% year-over-year; the trailing twelve-month figure through Dec 2023 was -$21.3 million (up 64.62% YoY), and the FY2025 annual result was $43.6 million, up 292.79% from the prior year.
• Deferred Taxes was -$20.9 million for Q4 2023 at Wex, down from $8.7 million in the prior quarter.
• Over five years, Deferred Taxes peaked at $21.7 million in Q4 2021 and troughed at -$39.1 million in Q3 2022.
• Average Deferred Taxes over 5 years is -$3.9 million, with a median of -$3.4 million recorded in 2019.
• The widest YoY moves for Deferred Taxes: up 735.35% in 2022, down 662.67% in 2022.
• Over 5 years, Deferred Taxes stood at $13.8 million in 2019, then slumped by 192.79% to -$12.8 million in 2020, then soared by 269.39% to $21.7 million in 2021, then sank by 128.07% to -$6.1 million in 2022, then plunged by 242.62% to -$20.9 million in 2023.
• Per Business Quant data, the three most recent Deferred Taxes figures were -$20.9 million in Q4 2023, $8.7 million in Q3 2023, and -$3.0 million in Q2 2023.