Wex (WEX) Interest Expenses (2009 - 2025)
Wex (WEX) reported Interest Expenses of $1.3 million for Q2 2025, up 18.18% on a YoY basis from $1.1 million in Q2 2024, and up 8.33% quarter-over-quarter from $1.2 million in Q1 2025.
Wex (WEX) Interest Expenses (2009 - 2025) Analysis & Trends
Wex has reported Interest Expenses for 17 years, with the latest figure at $1.3 million in Q2 2025.
- For the quarter ending Q2 2025, Interest Expenses rose 18.18% year-over-year to $1.3 million; the trailing twelve-month figure through Mar 2026 stood at $1.3 million (down 43.48% YoY), and the FY2024 full-year result was $4.6 million, down 97.89% from the prior year.
- Interest Expenses for Q2 2025 stood at $1.3 million, up from $1.2 million in the prior quarter.
- The five-year high for Interest Expenses was $125.7 million in Q4 2022, with the low at $1.1 million in Q1 2024.
- Historically, Interest Expenses has averaged $28.9 million across 5 years, with a median of $18.8 million in 2022.
- Annual changes were most pronounced in 2022 — Interest Expenses jumped 2294.29% — and 2024, when it tumbled 97.97%.
- Wex's Interest Expenses stood at $5.2 million in 2021, then jumped by 2294.29% to $125.7 million in 2022, then plunged by 53.3% to $58.7 million in 2023, then sank by 98.13% to $1.1 million in 2024, then grew by 18.18% to $1.3 million in 2025.
- The last three Interest Expenses figures came in at $1.3 million (Q2 2025), $1.2 million (Q1 2025), and $1.1 million (Q2 2024), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 778.00 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 | 1.18 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | - |
| 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 | 7.55 Mn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 4.20 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 162.72 Mn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 2.56 Mn |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 |