KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Operating Expenses (2016 - 2026)

Wex has reported Operating Expenses over the past 18 years, most recently at $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 was $96.2 million for Q1 2026 at Wex, down from $190.6 million in the prior quarter.
  • Over five years, Operating Expenses peaked at $190.6 million in Q4 2025 and troughed at $78.7 million in Q1 2022.
  • The 5-year median for Operating Expenses is $101.7 million (2025), against an average of $108.7 million.
  • Biggest five-year swings in Operating Expenses: surged 50.73% in 2024 and later decreased 11.84% in 2025.
  • Tracing WEX's Operating Expenses over 5 years: 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.
  • According to Business Quant data, Operating Expenses over the past three periods came in at $96.2 million, $190.6 million, and $108.3 million for Q1 2026, Q4 2025, and Q3 2025 respectively.