Wex (WEX) Invested Capital (2009 - 2026)
Wex (WEX) reported Invested Capital of $2.9 billion for Q1 2026, up 26.56% on a YoY basis from $2.3 billion in Q1 2025, and up 13.47% quarter-over-quarter from $2.6 billion in Q4 2025.
Wex (WEX) Invested Capital (2009 - 2026) Analysis & Trends
Wex has reported Invested Capital for 18 years, with the latest figure at $2.9 billion in Q1 2026.
- For the quarter ending Q1 2026, Invested Capital rose 26.56% year-over-year to $2.9 billion; the trailing twelve-month figure through Mar 2026 stood at $2.9 billion (up 26.56% YoY), and the FY2025 full-year result was $2.6 billion, down 7.95% from the prior year.
- Invested Capital for Q1 2026 stood at $2.9 billion, up from $2.6 billion in the prior quarter.
- The five-year high for Invested Capital was $3.1 billion in Q3 2024, with the low at $1.8 billion in Q4 2023.
- Historically, Invested Capital has averaged $2.4 billion across 5 years, with a median of $2.5 billion in 2023.
- Annual changes were most pronounced in 2024 — Invested Capital jumped 52.81% — and 2025, when it retreated 22.09%.
- Wex's Invested Capital stood at $1.9 billion in 2022, then fell by 6.48% to $1.8 billion in 2023, then soared by 52.81% to $2.8 billion in 2024, then decreased by 7.95% to $2.6 billion in 2025, then climbed by 13.47% to $2.9 billion in 2026.
- The last three Invested Capital figures came in at $2.9 billion (Q1 2026), $2.6 billion (Q4 2025), and $2.4 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,903.35 Bn | 2,825.07 Bn | 56.06 Bn | 423.21 Bn |
| 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 | 38.50 Bn |
| 4 | Palantir Technologies | 306.36 Bn | 298.44 Bn | 1.42 Bn | 8.45 Bn |
| 5 | Palo Alto Networks | 194.33 Bn | 189.79 Bn | 1.91 Bn | 9.39 Bn |
| 6 | CrowdStrike Holdings | 171.19 Bn | 168.13 Bn | 993.68 Mn | 4.43 Bn |
| 7 | Fortinet | 108.13 Bn | 104.84 Bn | 1.49 Bn | 989.70 Mn |
| 8 | Synopsys | 86.21 Bn | 86.09 Bn | 1.77 Bn | 40.59 Bn |
| 9 | Cloudflare | 80.35 Bn | 79.41 Bn | 455.60 Mn | 2.82 Bn |
| 10 | Wex | 4.66 Bn | -744.15 Mn | 393.70 Mn | 2.91 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.91 Bn |
| Dec 31, 2025 | 2.56 Bn |
| Sep 30, 2025 | 2.43 Bn |
| Jun 30, 2025 | 2.51 Bn |
| Mar 31, 2025 | 2.30 Bn |
| Dec 31, 2024 | 2.78 Bn |
| Sep 30, 2024 | 3.11 Bn |
| Jun 30, 2024 | 3.03 Bn |
| Mar 31, 2024 | 2.89 Bn |
| Dec 31, 2023 | 1.82 Bn |
| Sep 30, 2023 | 2.65 Bn |
| Jun 30, 2023 | 2.49 Bn |
| Mar 31, 2023 | 1.97 Bn |
| Dec 31, 2022 | 1.95 Bn |
| Sep 30, 2022 | 1.93 Bn |
| Jun 30, 2022 | 2.11 Bn |
| Mar 31, 2022 | 1.96 Bn |
| Dec 31, 2021 | 2.13 Bn |
| Sep 30, 2021 | 2.14 Bn |
| Jun 30, 2021 | 1.79 Bn |