Wex (WEX) Interest Expenses (2009 - 2026)
Wex's (WEX) quarterly Interest Expenses came in at $52.2 million in Q2 2026, up 135.14% on a YoY basis from $22.2 million in Q2 2025, and down 2.61% quarter-over-quarter from $53.6 million in Q1 2026.
Analysis
Wex (WEX) Interest Expenses (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Interest Expenses for 18 consecutive years, with $52.2 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Interest Expenses rose 135.14% year-over-year to $52.2 million; the trailing twelve-month figure through Jun 2026 stood at $228.4 million (up 45.76% YoY), and the FY2025 full-year result was $240.6 million, up 168.23% from the prior year.
- Interest Expenses eased to $52.2 million in Q2 2026 per WEX's latest filing, from $53.6 million in the prior quarter.
- Across five years, Interest Expenses topped out at $63.8 million in Q3 2025 and bottomed at $2.3 million in Q1 2022.
- Historically, Interest Expenses has averaged $29.7 million across 5 years, with a median of $22.8 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Interest Expenses slumped 93.09% in 2022, then soared 509.38% in 2023.
- Over 5 years, Interest Expenses stood at $7.2 million in 2022, then jumped by 269.44% to $26.6 million in 2023, then soared by 115.79% to $57.4 million in 2024, then gained by 2.44% to $58.8 million in 2025, then fell by 11.22% to $52.2 million in 2026.
- According to Business Quant data, Interest Expenses over the past three periods registered $52.2 million, $53.6 million, and $58.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Int Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.10 Bn | 41.67 Bn | 3.17 Bn | - |
| 2 | PayPal Holdings | 46.64 Bn | 35.39 Bn | - | - |
| 3 | Fiserv | 27.24 Bn | 26.62 Bn | 3.59 Bn | 376.00 Mn |
| 4 | Corpay | 26.85 Bn | 19.84 Bn | 1.19 Bn | 114.72 Mn |
| 5 | Global Payments | 24.16 Bn | 18.75 Bn | 2.03 Bn | 277.54 Mn |
| 6 | Wex | 6.48 Bn | 374.98 Mn | 463.80 Mn | 52.20 Mn |
| 7 | Aci Worldwide | 5.20 Bn | 5.03 Bn | 181.57 Mn | 11.98 Mn |
| 8 | Paymentus Holdings | 4.42 Bn | 4.04 Bn | 94.31 Mn | - |
| 9 | dLocal | 4.39 Bn | 3.52 Bn | 127.15 Mn | -2.76 Mn |
| 10 | Sezzle | 4.04 Bn | 3.96 Bn | - | 3.25 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.20 Mn |
| Mar 31, 2026 | 53.60 Mn |
| Dec 31, 2025 | 58.80 Mn |
| Sep 30, 2025 | 63.80 Mn |
| Jun 30, 2025 | 22.20 Mn |
| Mar 31, 2025 | 18.70 Mn |
| Dec 31, 2024 | 57.40 Mn |
| Sep 30, 2024 | 58.40 Mn |
| Jun 30, 2024 | 21.50 Mn |
| Mar 31, 2024 | 23.50 Mn |
| Dec 31, 2023 | 26.60 Mn |
| Sep 30, 2023 | 25.30 Mn |
| Jun 30, 2023 | 19.50 Mn |
| Mar 31, 2023 | 12.80 Mn |
| Dec 31, 2022 | 7.20 Mn |
| Sep 30, 2022 | 7.90 Mn |
| Jun 30, 2022 | 3.20 Mn |
| Mar 31, 2022 | 2.30 Mn |
| Dec 31, 2021 | 5.25 Mn |
| Sep 30, 2021 | 32.49 Mn |