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| 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 |