Wex (WEX) Long-Term Deferred Tax (2016 - 2026)
Wex (WEX) reported Long-Term Deferred Tax of $16.8 million for Q2 2026, down 24.3% from $22.2 million a year earlier and down 2.9% from the prior quarter.
Wex (WEX) Long-Term Deferred Tax (2016 - 2026) Analysis & Trends
At the end of FY2025, Wex posted Long-Term Deferred Tax of $16.9 million, down 7.7% from FY2024.
- Long-Term Deferred Tax has a five-year compound annual growth rate of -0.7% (FY2020 to FY2025).
- By year, Long-Term Deferred Tax came in at $18.3 million in FY2024 (+33.6%), $13.7 million in FY2023 (+2.2%), $13.4 million in FY2022 (+137.8%) and $5.64 million in FY2021 (-67.8%).
- Five-year quarterly Long-Term Deferred Tax spans a low of $5.64 million in Q4 2021 and a high of $36.43 million in Q3 2021.
- Year over year, Long-Term Deferred Tax has now declined in each of the last three quarters, with growth averaging 14.3% over the last eight quarters.
- The high point for year-over-year Long-Term Deferred Tax in five years was Q3 2021 (growth of 327.9%); the low point was Q2 2022 (a decline of 79.5%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $17.3 million (Q1 2026), $16.9 million (Q4 2025) and $16.8 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn |
| 10 | Wex | 5.88 Bn | -15.81 Bn | 463.80 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.80 Mn |
| Mar 31, 2026 | 17.30 Mn |
| Dec 31, 2025 | 16.90 Mn |
| Sep 30, 2025 | 16.80 Mn |
| Jun 30, 2025 | 22.20 Mn |
| Mar 31, 2025 | 18.30 Mn |
| Dec 31, 2024 | 18.30 Mn |
| Sep 30, 2024 | 16.00 Mn |
| Jun 30, 2024 | 14.60 Mn |
| Mar 31, 2024 | 14.80 Mn |
| Dec 31, 2023 | 13.70 Mn |
| Sep 30, 2023 | 11.60 Mn |
| Jun 30, 2023 | 10.80 Mn |
| Mar 31, 2023 | 14.10 Mn |
| Dec 31, 2022 | 13.40 Mn |
| Sep 30, 2022 | 20.67 Mn |
| Jun 30, 2022 | 7.01 Mn |
| Mar 31, 2022 | 6.60 Mn |
| Dec 31, 2021 | 5.64 Mn |
| Sep 30, 2021 | 36.43 Mn |
Wex Long-Term Deferred Tax API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "long-term-deferred-tax", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=long-term-deferred-tax&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();