Wex (WEX) Interest Expenses (2009 - 2026)
Wex (WEX) posted quarterly Interest Expenses of $29.6 million for Q2 2026, down 22.72% year-on-year from $38.3 million in Q2 2025, and down 6.92% on a QoQ basis from $31.8 million in Q1 2026.
Wex (WEX) Interest Expenses (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Interest Expenses for 18 consecutive years, with $29.6 million the latest figure, recorded in Q2 2026.
- Quarterly Interest Expenses fell 22.72% year-over-year to $29.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.6 million (down 22.72% YoY) and the FY2025 annual result came in at $333.6 million, up 1.55% from the prior year.
- Interest Expenses fell to $29.6 million in Q2 2026 per WEX's latest filing, from $31.8 million in the prior quarter.
- Over the last five years, Interest Expenses for WEX reached as high as $96.3 million in Q4 2024 and fell as low as $19.2 million in Q1 2024.
- A 5-year average of $40.7 million and a median of $35.2 million in 2022 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses soared 722.86% — and 2025, when it slumped 64.8%.
- Year by year, Interest Expenses stood at $43.2 million in 2022, then soared by 35.88% to $58.7 million in 2023, then jumped by 64.05% to $96.3 million in 2024, then sank by 64.8% to $33.9 million in 2025, then declined by 12.68% to $29.6 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $29.6 million, $31.8 million, and $33.9 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,921.46 Bn | 2,797.02 Bn | 56.06 Bn | 84.60 Bn |
| 2 | PagSeguro Digital | 2,686.70 Bn | 2,686.70 Bn | 358.92 Mn | -254.63 Mn |
| 3 | Oracle | 344.13 Bn | 312.24 Bn | - | 2.86 Bn |
| 4 | Repay Holdings | 342.29 Bn | 342.15 Bn | - | -7.47 Mn |
| 5 | Palantir Technologies | 294.57 Bn | 286.54 Bn | 1.42 Bn | 20.56 Bn |
| 6 | Palo Alto Networks | 224.46 Bn | 219.93 Bn | 1.91 Bn | 156.00 Mn |
| 7 | CrowdStrike Holdings | 182.52 Bn | 179.42 Bn | 993.68 Mn | 10.02 Mn |
| 8 | Fortinet | 111.29 Bn | 107.99 Bn | 1.49 Bn | 4.20 Mn |
| 9 | Cloudflare | 93.63 Bn | 92.68 Bn | 455.60 Mn | 35.73 Mn |
| 10 | Wex | 6.38 Bn | 274.53 Mn | 463.80 Mn | 29.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.60 Mn |
| Jun 30, 2026 | 29.60 Mn |
| Mar 31, 2026 | 31.80 Mn |
| Mar 31, 2026 | 31.80 Mn |
| Dec 31, 2025 | 33.90 Mn |
| Dec 31, 2025 | 33.90 Mn |
| Sep 30, 2025 | 36.10 Mn |
| Sep 30, 2025 | 36.10 Mn |
| Jun 30, 2025 | 38.30 Mn |
| Jun 30, 2025 | 38.30 Mn |
| Mar 31, 2025 | 40.60 Mn |
| Mar 31, 2025 | 40.60 Mn |
| Dec 31, 2024 | 96.30 Mn |
| Dec 31, 2024 | 96.30 Mn |
| Sep 30, 2024 | 28.60 Mn |
| Sep 30, 2024 | 28.60 Mn |
| Jun 30, 2024 | 21.50 Mn |
| Jun 30, 2024 | 21.50 Mn |
| Mar 31, 2024 | 19.20 Mn |
| Mar 31, 2024 | 19.20 Mn |