Wex (WEX) Operating Expenses (2009 - 2026)

Wex has reported Operating Expenses for 18 years, with the latest figure at $96.2 million in Q1 2026.

• For the quarter ending Q1 2026, Operating Expenses rose 8.58% year-over-year to $96.2 million; the trailing twelve-month figure through Mar 2026 stood at $496.8 million (up 3.76% YoY), and the FY2025 full-year result was $469.4 million, down 5.23% from the prior year.
• Operating Expenses for Q1 2026 stood at $96.2 million, down from $190.6 million in the prior quarter.
• The five-year high for Operating Expenses was $190.6 million in Q4 2025, with the low at $78.7 million in Q1 2022.
• Historically, Operating Expenses has averaged $108.7 million across 5 years, with a median of $101.7 million in 2025.
• Annual changes were most pronounced in 2024 — Operating Expenses jumped 50.73% — and 2025, when it dropped 11.84%.
• Wex's Operating Expenses stood at $95.2 million in 2022, then rose by 22.16% to $116.3 million in 2023, then jumped by 50.73% to $175.3 million in 2024, then increased by 8.73% to $190.6 million in 2025, then tumbled by 49.53% to $96.2 million in 2026.
• The last three Operating Expenses figures came in at $96.2 million (Q1 2026), $190.6 million (Q4 2025), and $108.3 million (Q3 2025), per Business Quant data.