Wex (WEX) Other Operating Expenses (2009 - 2026)
Wex (WEX) recorded Other Operating Expenses of $700,000 in Q1 2026, down 12.5% from $800,000 a year earlier but up 16.7% from the prior quarter.
Analysis
Wex (WEX) Other Operating Expenses (2009 - 2026) Analysis & Trends
For FY2025, Wex reported Other Operating Expenses of $2.9 million, down 55.4% from FY2024.
- Annual Other Operating Expenses has declined for three straight years.
- Across earlier years, Other Operating Expenses came in at $6.5 million in FY2024 (-23.5%), $8.5 million in FY2023 (-93.9%), $139.1 million in FY2022 (+246.9%) and $40.1 million in FY2021.
- Quarterly Other Operating Expenses has ranged from -$4.8 million in Q4 2021 to $88.2 million in Q2 2022 over the past five years.
- On a year-over-year basis, Other Operating Expenses rose in three of the last eight quarters, with growth averaging 47.1%.
- Peak year-over-year performance for Other Operating Expenses in the last five years was growth of 600.0% in Q3 2025, against a decline of 98.6% in Q2 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at $600,000 (Q4 2025), $700,000 (Q3 2025) and $800,000 (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | Wex | 6.07 Bn | -15.62 Bn | 463.80 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 700,000.00 |
| Dec 31, 2025 | 600,000.00 |
| Sep 30, 2025 | 700,000.00 |
| Jun 30, 2025 | 800,000.00 |
| Mar 31, 2025 | 800,000.00 |
| Dec 31, 2024 | 3.00 Mn |
| 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 |
API Access
Wex Other Operating Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "other-operating-expenses", "ticker": "WEX", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=other-operating-expenses&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();