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% YoY 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 6 years of Non-Current Deffered Revenue data on file, last reported at $334.2 million 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 retreated to $334.2 million in Q4 2022, from $489.9 million in the prior quarter.
- In the past five years, Non-Current Deffered Revenue ranged from a high of $652.2 million in Q4 2021 to a low of $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 tumbled 58.46% — and 2022, when it jumped 448.32%.
- Tracing WEX's Non-Current Deffered Revenue over 5 years: stood at $345.2 million in 2018, then plunged by 58.46% to $143.4 million in 2019, then advanced by 3.62% to $148.6 million in 2020, then surged by 338.93% to $652.2 million in 2021, then slumped by 48.76% to $334.2 million in 2022.
- The last three Non-Current Deffered Revenue figures came in at $334.2 million (Q4 2022), $489.9 million (Q3 2022), and $588.9 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Non-Current Deffered Revenue (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 2.75 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 33.72 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 6.49 Bn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 3.83 Bn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 40.25 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 420.89 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 7.01 Bn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | - |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | - |
Historic Data
Download 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 |