Wex (WEX) Exchange Rate Effect (2009 - 2026)
Wex (WEX) reported Exchange Rate Effect of -$6.4 million for Q1 2026, down 123.53% on a YoY basis from $27.2 million in Q1 2025, and down 328.57% quarter-over-quarter from $2.8 million in Q4 2025.
Wex (WEX) Exchange Rate Effect (2009 - 2026) Analysis & Trends
Wex has reported Exchange Rate Effect for 18 years, with the latest figure at -$6.4 million in Q1 2026.
- For the quarter ending Q1 2026, Exchange Rate Effect fell 123.53% year-over-year to -$6.4 million; the trailing twelve-month figure through Mar 2026 stood at $31.5 million (up 530.0% YoY), and the FY2025 full-year result was $65.1 million, up 221.68% from the prior year.
- Exchange Rate Effect for Q1 2026 stood at -$6.4 million, down from $2.8 million in the prior quarter.
- The five-year high for Exchange Rate Effect was $60.4 million in Q4 2022, with the low at -$57.4 million in Q4 2024.
- Historically, Exchange Rate Effect has averaged -$500000.0 across 5 years, with a median of -$2.4 million in 2022.
- The largest YoY upside for Exchange Rate Effect was 4531.4% in 2022 against a maximum downside of 2404.19% in 2022.
- Wex's Exchange Rate Effect stood at $60.4 million in 2022, then slipped by 16.89% to $50.2 million in 2023, then slumped by 214.34% to -$57.4 million in 2024, then surged by 104.88% to $2.8 million in 2025, then sank by 328.57% to -$6.4 million in 2026.
- The last three Exchange Rate Effect figures came in at -$6.4 million (Q1 2026), $2.8 million (Q4 2025), and -$4.6 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Exchange Rate Effect (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | -114.00 Mn |
| 2 | Alarum Technologies | 1,127.45 Bn | 1,113.30 Bn | 7.23 Mn | - |
| 3 | Oracle | 528.84 Bn | 490.27 Bn | 15.14 Bn | 109.00 Mn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | -2.40 Mn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | - |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 2.31 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | - |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 3.43 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | - |
| 10 | Wex | 4.66 Bn | -744.15 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 |