Wex (WEX) Non-Current Deffered Revenue (2017 - 2022)

Wex (WEX) posted quarterly Non-Current Deffered Revenue of $334.2 million for Q4 2022, down 48.76% year-on-year from $652.2 million in Q4 2021, and down 31.79% on a QoQ basis from $489.9 million in Q3 2022.

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.

  • Quarterly Non-Current Deffered Revenue fell 48.76% year-over-year to $334.2 million in Q4 2022, while the trailing twelve-month figure through Dec 2022 was $334.2 million (down 48.76% YoY) and the FY2022 annual result came in at $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.
  • Over the last five years, Non-Current Deffered Revenue for WEX reached as high as $652.2 million in Q4 2021 and fell as low as $118.6 million in Q1 2021.
  • A 5-year average of $373.7 million and a median of $366.0 million in 2018 frame the typical range for Non-Current Deffered Revenue.
  • Annual changes were most pronounced in 2019 — Non-Current Deffered Revenue slumped 58.46% — and 2022, when it surged 448.32%.
  • Year by year, Non-Current Deffered Revenue stood at $345.2 million in 2018, then sank by 58.46% to $143.4 million in 2019, then increased by 3.62% to $148.6 million in 2020, then surged by 338.93% to $652.2 million in 2021, then tumbled 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 Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Non-Current Deffered Revenue (Qtr)
1 Microsoft 2,921.46 Bn 2,797.02 Bn 56.06 Bn 2.75 Bn
2 PagSeguro Digital 2,686.70 Bn 2,686.70 Bn 358.92 Mn 16.61 Mn
3 Oracle 344.13 Bn 312.24 Bn - -
4 Repay Holdings 342.29 Bn 342.15 Bn - -
5 Palantir Technologies 294.57 Bn 286.54 Bn 1.42 Bn 41.13 Mn
6 Palo Alto Networks 224.46 Bn 219.93 Bn 1.91 Bn 6.18 Bn
7 CrowdStrike Holdings 182.52 Bn 179.42 Bn 993.68 Mn 1.33 Bn
8 Fortinet 111.29 Bn 107.99 Bn 1.49 Bn 3.63 Bn
9 Cloudflare 93.63 Bn 92.68 Bn 455.60 Mn 39.87 Mn
10 Wex 6.38 Bn 274.53 Mn 463.80 Mn -

Historic Data

Download Data
DateValue
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