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| 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 |