Wex (WEX) Exchange Rate Effect (2009 - 2026)
Wex (WEX) posted Exchange Rate Effect of -$6.4 million for Q1 2026, down 328.57% quarter-over-quarter from $2.8 million in Q4 2025, and down 123.53% year-on-year from $27.2 million in Q1 2025.
Wex (WEX) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Exchange Rate Effect for 18 consecutive years, with -$6.4 million the latest figure, recorded in Q1 2026.
- Exchange Rate Effect for Q1 2026 came in at -$6.4 million, down 123.53% year-over-year; the trailing twelve-month figure through Mar 2026 was $31.5 million (up 530.0% YoY), and the FY2025 annual result was $65.1 million, up 221.68% from the prior year.
- Exchange Rate Effect was -$6.4 million for Q1 2026 at Wex, down from $2.8 million in the prior quarter.
- Over five years, Exchange Rate Effect peaked at $60.4 million in Q4 2022 and troughed at -$57.4 million in Q4 2024.
- Average Exchange Rate Effect over 5 years is -$500000.0, with a median of -$2.4 million recorded in 2022.
- The widest YoY moves for Exchange Rate Effect: up 4531.4% in 2022, down 2404.19% in 2022.
- Over 5 years, Exchange Rate Effect stood at $60.4 million in 2022, then fell by 16.89% to $50.2 million in 2023, then sank by 214.34% to -$57.4 million in 2024, then surged by 104.88% to $2.8 million in 2025, then plunged by 328.57% to -$6.4 million in 2026.
- Per Business Quant data, the three most recent Exchange Rate Effect figures were -$6.4 million in Q1 2026, $2.8 million in Q4 2025, and -$4.6 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FX Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | -114.00 Mn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 3.00 Mn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | -2.40 Mn |
| 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 | 2.31 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 | 3.43 Mn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | -471,000.00 |
| 10 | Wex | 4.92 Bn | -486.44 Mn | 393.70 Mn | -6.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -6.40 Mn |
| Mar 31, 2026 | -6.40 Mn |
| Dec 31, 2025 | 2.80 Mn |
| Dec 31, 2025 | 2.80 Mn |
| Sep 30, 2025 | -4.60 Mn |
| Sep 30, 2025 | -4.60 Mn |
| Jun 30, 2025 | 39.70 Mn |
| Jun 30, 2025 | 39.70 Mn |
| Mar 31, 2025 | 27.20 Mn |
| Mar 31, 2025 | 27.20 Mn |
| Dec 31, 2024 | -57.40 Mn |
| Dec 31, 2024 | -57.40 Mn |
| Sep 30, 2024 | 39.20 Mn |
| Sep 30, 2024 | 39.20 Mn |
| Jun 30, 2024 | -4.00 Mn |
| Jun 30, 2024 | -4.00 Mn |
| Mar 31, 2024 | -31.30 Mn |
| Mar 31, 2024 | -31.30 Mn |
| Dec 31, 2023 | 50.20 Mn |
| Dec 31, 2023 | 50.20 Mn |