KPIs & Operating Metrics(New)
Growth Metrics

Wex (WEX) Operating Expenses (2016 - 2025)

Wex (WEX) has disclosed Operating Expenses for 16 consecutive years, with $170.9 million as the latest value for Q4 2025.

  • For the quarter ending Q4 2025, Operating Expenses fell 10.34% year-over-year to $170.9 million, compared with a TTM value of $469.4 million through Dec 2025, down 5.23%, and an annual FY2025 reading of $469.4 million, down 5.23% over the prior year.
  • Operating Expenses was $170.9 million for Q4 2025 at Wex, up from $108.2 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $190.6 million in Q4 2024 and bottomed at $78.7 million in Q1 2022.
  • Average Operating Expenses over 5 years is $103.2 million, with a median of $92.9 million recorded in 2022.
  • Peak annual rise in Operating Expenses hit 63.89% in 2024, while the deepest fall reached 22.3% in 2024.
  • Year by year, Operating Expenses stood at $81.4 million in 2021, then rose by 16.96% to $95.2 million in 2022, then grew by 22.1% to $116.3 million in 2023, then skyrocketed by 63.89% to $190.6 million in 2024, then decreased by 10.34% to $170.9 million in 2025.
  • Business Quant data shows Operating Expenses for WEX at $170.9 million in Q4 2025, $108.2 million in Q3 2025, and $101.7 million in Q2 2025.