Wex (WEX) Operating Expenses (2016 - 2026)

Wex filings provide 18 years of Operating Expenses readings, the most recent being $96.2 million for Q1 2026.

Quarterly Operating Expenses rose 8.58% to $96.2 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $496.8 million through Mar 2026, up 3.76% year-over-year, with the annual reading at $469.4 million for FY2025, 5.23% down from the prior year.
Operating Expenses hit $96.2 million in Q1 2026 for Wex, down from $190.6 million in the prior quarter.
Across five years, Operating Expenses topped out at $190.6 million in Q4 2025 and bottomed at $78.7 million in Q1 2022.
Average Operating Expenses over 5 years is $108.7 million, with a median of $101.7 million recorded in 2025.
The largest annual shift saw Operating Expenses surged 50.73% in 2024 before it decreased 11.84% in 2025.
Wex's Operating Expenses stood at $95.2 million in 2022, then grew by 22.16% to $116.3 million in 2023, then surged by 50.73% to $175.3 million in 2024, then rose by 8.73% to $190.6 million in 2025, then tumbled by 49.53% to $96.2 million in 2026.
Per Business Quant, the three most recent readings for WEX's Operating Expenses are $96.2 million (Q1 2026), $190.6 million (Q4 2025), and $108.3 million (Q3 2025).

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