Wex (WEX) Invested Capital (2012 - 2026)
Wex's (WEX) quarterly Invested Capital came in at $1.8 billion in Q2 2026, up 19.69% YoY from $1.5 billion in Q2 2025, and up 12.43% on a QoQ basis from $1.6 billion in Q1 2026.
Wex (WEX) Invested Capital (2012 - 2026) Analysis & Trends
Wex (WEX) has 15 years of Invested Capital data on file, last reported at $1.8 billion in Q2 2026.
- Quarterly Invested Capital rose 19.69% year-over-year to $1.8 billion in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $6.1 billion (up 6.13% YoY) and the FY2025 annual result came in at $1.3 billion, up 2.57% from the prior year.
- Invested Capital grew to $1.8 billion in Q2 2026, from $1.6 billion in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $1.8 billion in Q2 2026 to a low of $156.5 million in Q3 2022.
- A 5-year average of $995.1 million and a median of $1.2 billion in 2024 frame the typical range for Invested Capital.
- Annual changes were most pronounced in 2022 — Invested Capital slumped 55.51% — and 2023, when it surged 511.76%.
- Tracing WEX's Invested Capital over 5 years: stood at $202.6 million in 2022, then soared by 413.87% to $1.0 billion in 2023, then grew by 24.21% to $1.3 billion in 2024, then grew by 2.57% to $1.3 billion in 2025, then surged by 38.28% to $1.8 billion in 2026.
- The last three Invested Capital figures came in at $1.8 billion (Q2 2026), $1.6 billion (Q1 2026), and $1.3 billion (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 9.23 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | - |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 160.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | - |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 1.29 Bn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 22.12 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 221.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 572.39 Mn |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | 1.83 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 1.83 Bn |
| Mar 31, 2026 | 1.63 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.44 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 957.30 Mn |
| Jun 30, 2023 | 723.00 Mn |
| Mar 31, 2023 | 290.40 Mn |
| Dec 31, 2022 | 202.60 Mn |
| Sep 30, 2022 | 156.48 Mn |
| Jun 30, 2022 | 175.83 Mn |
| Mar 31, 2022 | 157.62 Mn |
| Dec 31, 2021 | 155.77 Mn |
| Sep 30, 2021 | 183.24 Mn |