Wex (WEX) Interest Expenses (2009 - 2025)

Wex (WEX) posted Interest Expenses of $1.3 million for Q2 2025, up 8.33% quarter-over-quarter from $1.2 million in Q1 2025, and up 18.18% year-on-year from $1.1 million in Q2 2024.

Wex (WEX) Interest Expenses (2009 - 2025) Analysis & Trends

Wex (WEX) has reported Interest Expenses for 17 consecutive years, with $1.3 million the latest figure, recorded in Q2 2025.

  • Interest Expenses for Q2 2025 came in at $1.3 million, up 18.18% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.3 million (down 43.48% YoY), and the FY2024 annual result was $4.6 million, down 97.89% from the prior year.
  • Interest Expenses was $1.3 million for Q2 2025 at Wex, up from $1.2 million in the prior quarter.
  • Over five years, Interest Expenses peaked at $125.7 million in Q4 2022 and troughed at $1.1 million in Q1 2024.
  • Average Interest Expenses over 5 years is $28.9 million, with a median of $18.8 million recorded in 2022.
  • Year-over-year, Interest Expenses soared 2294.29% in 2022 and sank 97.97% in 2024.
  • Over 5 years, Interest Expenses stood at $5.2 million in 2021, then jumped by 2294.29% to $125.7 million in 2022, then tumbled by 53.3% to $58.7 million in 2023, then plunged by 98.13% to $1.1 million in 2024, then gained by 18.18% to $1.3 million in 2025.
  • Per Business Quant data, the three most recent Interest Expenses figures were $1.3 million in Q2 2025, $1.2 million in Q1 2025, and $1.1 million in Q2 2024.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Interest Expense (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 778.00 Mn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.44 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn -
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 7.55 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 4.20 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 2.56 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 162.72 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -
10 Wex 4.92 Bn -486.44 Mn 393.70 Mn -

Historic Data

Download Data
DateValue
Jun 30, 2025 1.30 Mn
Jun 30, 2025 1.30 Mn
Mar 31, 2025 1.20 Mn
Mar 31, 2025 1.20 Mn
Jun 30, 2024 1.10 Mn
Jun 30, 2024 1.10 Mn
Mar 31, 2024 1.10 Mn
Mar 31, 2024 1.10 Mn
Dec 31, 2023 58.70 Mn
Dec 31, 2023 58.70 Mn
Sep 30, 2023 54.80 Mn
Sep 30, 2023 54.80 Mn
Jun 30, 2023 54.10 Mn
Jun 30, 2023 54.10 Mn
Mar 31, 2023 50.20 Mn
Mar 31, 2023 50.20 Mn
Dec 31, 2022 125.70 Mn
Dec 31, 2022 125.70 Mn
Sep 30, 2022 7.90 Mn
Sep 30, 2022 7.90 Mn