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
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