Wex (WEX) Other Operating Expenses (2009 - 2024)
Wex's (WEX) quarterly Other Operating Expenses came in at $100000.0 in Q3 2024, down 96.88% on a YoY basis from $3.2 million in Q4 2023, and down 94.12% quarter-over-quarter from $1.7 million in Q2 2024.
Analysis
Wex (WEX) Other Operating Expenses (2009 - 2024) Analysis & Trends
Wex (WEX) has reported Other Operating Expenses for 15 consecutive years, with $100000.0 the latest figure, recorded in Q3 2024.
- For the quarter ending Q3 2024, Other Operating Expenses fell 96.88% year-over-year to $100000.0; the trailing twelve-month figure through Jun 2025 stood at $100000.0 (down 98.88% YoY), and the FY2023 full-year result was $8.5 million, down 93.89% from the prior year.
- Other Operating Expenses fell to $100000.0 in Q3 2024 per WEX's latest filing, from $1.7 million in the prior quarter.
- Across five years, Other Operating Expenses topped out at $88.2 million in Q2 2022 and bottomed at -$116.1 million in Q4 2020.
- Historically, Other Operating Expenses has averaged $1.8 million across 5 years, with a median of $1.8 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Other Operating Expenses soared 1182.14% in 2022, then plunged 98.64% in 2023.
- Over 5 years, Other Operating Expenses stood at -$116.1 million in 2020, then surged by 95.87% to -$4.8 million in 2021, then soared by 183.33% to $4.0 million in 2022, then tumbled by 42.5% to $2.3 million in 2023, then tumbled by 95.65% to $100000.0 in 2024.
- According to Business Quant data, Other Operating Expenses over the past three periods registered $100000.0, $1.7 million, and $1.7 million for Q3 2024, Q2 2024, and Q1 2024 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 100,000.00 |
| Jun 30, 2024 | 1.70 Mn |
| Mar 31, 2024 | 1.70 Mn |
| Dec 31, 2023 | 2.30 Mn |
| Sep 30, 2023 | 3.20 Mn |
| Jun 30, 2023 | 1.20 Mn |
| Mar 31, 2023 | 1.80 Mn |
| Dec 31, 2022 | 4.00 Mn |
| Sep 30, 2022 | 30.30 Mn |
| Jun 30, 2022 | 88.20 Mn |
| Mar 31, 2022 | 16.60 Mn |
| Dec 31, 2021 | -4.80 Mn |
| Sep 30, 2021 | -2.80 Mn |
| Jun 30, 2021 | 47.70 Mn |
| Dec 31, 2020 | -116.14 Mn |
| Sep 30, 2020 | -46.36 Mn |
| Dec 31, 2018 | -99.76 Mn |
| Sep 30, 2018 | -91.94 Mn |
| Jun 30, 2018 | -89.09 Mn |
| Mar 31, 2018 | -96.95 Mn |