Wex (WEX) Interest Expenses (2009 - 2026)
Wex's (WEX) quarterly Interest Expenses came in at $29.6 million in Q2 2026, down 22.72% YoY from $38.3 million in Q2 2025, and down 6.92% on a QoQ basis from $31.8 million in Q1 2026.
Wex (WEX) Interest Expenses (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of Interest Expenses data on file, last reported at $29.6 million in Q2 2026.
- Quarterly Interest Expenses fell 22.72% year-over-year to $29.6 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $29.6 million (down 22.72% YoY) and the FY2025 annual result came in at $333.6 million, up 1.55% from the prior year.
- Interest Expenses slipped to $29.6 million in Q2 2026, from $31.8 million in the prior quarter.
- In the past five years, Interest Expenses ranged from a high of $96.3 million in Q4 2024 to a low of $19.2 million in Q1 2024.
- A 5-year average of $42.4 million and a median of $35.2 million in 2022 frame the typical range for Interest Expenses.
- Annual changes were most pronounced in 2022 — Interest Expenses surged 722.86% — and 2025, when it tumbled 64.8%.
- Tracing WEX's Interest Expenses over 5 years: stood at $43.2 million in 2022, then jumped by 105.56% to $88.8 million in 2023, then rose by 8.45% to $96.3 million in 2024, then plunged by 64.8% to $33.9 million in 2025, then decreased by 12.68% to $29.6 million in 2026.
- The last three Interest Expenses figures came in at $29.6 million (Q2 2026), $31.8 million (Q1 2026), and $33.9 million (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Expense (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 4.23 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.96 Bn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | 1.44 Bn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 889.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 75.20 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 287.36 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 1.38 Bn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 29.14 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 134.29 Mn |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | 29.60 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 29.60 Mn |
| Jun 30, 2026 | 29.60 Mn |
| Mar 31, 2026 | 31.80 Mn |
| Mar 31, 2026 | 31.80 Mn |
| Dec 31, 2025 | 33.90 Mn |
| Dec 31, 2025 | 33.90 Mn |
| Sep 30, 2025 | 36.10 Mn |
| Sep 30, 2025 | 36.10 Mn |
| Jun 30, 2025 | 38.30 Mn |
| Jun 30, 2025 | 38.30 Mn |
| Mar 31, 2025 | 40.60 Mn |
| Mar 31, 2025 | 40.60 Mn |
| Dec 31, 2024 | 96.30 Mn |
| Dec 31, 2024 | 96.30 Mn |
| Sep 30, 2024 | 28.60 Mn |
| Sep 30, 2024 | 28.60 Mn |
| Jun 30, 2024 | 21.50 Mn |
| Jun 30, 2024 | 21.50 Mn |
| Mar 31, 2024 | 19.20 Mn |
| Mar 31, 2024 | 19.20 Mn |