Wex (WEX) Non-Current Deffered Revenue (2017 - 2022)
Wex's (WEX) quarterly Non-Current Deffered Revenue came in at $334.2 million in Q4 2022, down 48.76% on a YoY basis from $652.2 million in Q4 2021, and down 31.79% quarter-over-quarter from $489.9 million in Q3 2022.
Analysis
Wex (WEX) Non-Current Deffered Revenue (2017 - 2022) Analysis & Trends
Wex (WEX) has reported Non-Current Deffered Revenue for 6 consecutive years, with $334.2 million the latest figure, recorded in Q4 2022.
- For the quarter ending Q4 2022, Non-Current Deffered Revenue fell 48.76% year-over-year to $334.2 million; the trailing twelve-month figure through Dec 2022 stood at $334.2 million (down 48.76% YoY), and the FY2022 full-year result was $334.2 million, down 48.76% from the prior year.
- Non-Current Deffered Revenue declined to $334.2 million in Q4 2022 per WEX's latest filing, from $489.9 million in the prior quarter.
- Across five years, Non-Current Deffered Revenue topped out at $652.2 million in Q4 2021 and bottomed at $118.6 million in Q1 2021.
- Historically, Non-Current Deffered Revenue has averaged $373.7 million across 5 years, with a median of $366.0 million in 2018.
- The sharpest annual moves came in 2019 and 2022: Non-Current Deffered Revenue plunged 58.46% in 2019, then surged 448.32% in 2022.
- Over 5 years, Non-Current Deffered Revenue stood at $345.2 million in 2018, then slumped by 58.46% to $143.4 million in 2019, then grew by 3.62% to $148.6 million in 2020, then jumped by 338.93% to $652.2 million in 2021, then plunged by 48.76% to $334.2 million in 2022.
- According to Business Quant data, Non-Current Deffered Revenue over the past three periods registered $334.2 million, $489.9 million, and $588.9 million for Q4 2022, Q3 2022, and Q2 2022 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | - |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 260.00 Mn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | - |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | - |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | - |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 13.02 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 3.10 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | - |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2022 | 334.18 Mn |
| Sep 30, 2022 | 489.94 Mn |
| Jun 30, 2022 | 588.93 Mn |
| Mar 31, 2022 | 650.26 Mn |
| Dec 31, 2021 | 652.21 Mn |
| Sep 30, 2021 | 600.50 Mn |
| Jun 30, 2021 | 401.44 Mn |
| Mar 31, 2021 | 118.59 Mn |
| Dec 31, 2020 | 148.59 Mn |
| Sep 30, 2020 | 211.78 Mn |
| Jun 30, 2020 | 264.20 Mn |
| Mar 31, 2020 | 173.40 Mn |
| Dec 31, 2019 | 143.40 Mn |
| Sep 30, 2019 | 416.30 Mn |
| Jun 30, 2019 | 500.56 Mn |
| Mar 31, 2019 | 300.35 Mn |
| Dec 31, 2018 | 345.23 Mn |
| Sep 30, 2018 | 386.77 Mn |
| Dec 31, 2017 | 306.87 Mn |