Wex (WEX) Other Working Capital Changes (2009 - 2023)

Wex (WEX) posted quarterly Other Working Capital Changes of -$72.0 million for Q4 2023, down 495.6% year-on-year from $18.2 million in Q4 2022, and down 5042.86% on a QoQ basis from -$1.4 million in Q3 2023.

Wex (WEX) Other Working Capital Changes (2009 - 2023) Analysis & Trends

Wex (WEX) has reported Other Working Capital Changes for 15 consecutive years, with -$72.0 million the latest figure, recorded in Q4 2023.

  • Quarterly Other Working Capital Changes fell 495.6% year-over-year to -$72.0 million in Q4 2023, while the trailing twelve-month figure through Dec 2023 was -$44.3 million (down 250.68% YoY) and the FY2025 annual result came in at -$5.2 million, down 111.79% from the prior year.
  • Other Working Capital Changes fell to $345.1 million in Q2 2026 per WEX's latest filing, from $548.3 million in the prior quarter.
  • Over the last five years, Other Working Capital Changes for WEX reached as high as $661.3 million in Q1 2025 and fell as low as -$125.3 million in Q3 2025.
  • A 4-year average of $244.9 million and a median of $213.9 million in 2024 frame the typical range for Other Working Capital Changes.
  • Annual changes were most pronounced in 2019 — Other Working Capital Changes slumped 3771.41% — and 2022, when it surged 239.56%.
  • Year by year, Other Working Capital Changes stood at $188.3 million in 2023, then advanced by 13.6% to $213.9 million in 2024, then tumbled by 158.58% to -$125.3 million in 2025, then jumped by 375.42% to $345.1 million in 2026.
  • According to Business Quant data, Other Working Capital Changes over the past three periods registered $345.1 million, $548.3 million, and -$125.3 million for Q2 2026, Q1 2026, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Microsoft 2,920.72 Bn 2,796.28 Bn 56.06 Bn
2 PagSeguro Digital 2,685.31 Bn 2,685.31 Bn 358.92 Mn
3 Oracle 336.16 Bn 304.27 Bn -
4 Repay Holdings 334.04 Bn 333.89 Bn -
5 Palantir Technologies 296.67 Bn 288.65 Bn 1.42 Bn
6 Palo Alto Networks 221.87 Bn 217.33 Bn 1.91 Bn
7 CrowdStrike Holdings 180.59 Bn 177.49 Bn 993.68 Mn
8 Fortinet 108.12 Bn 104.82 Bn 1.49 Bn
9 Cloudflare 93.22 Bn 92.27 Bn 455.60 Mn
10 Wex 6.54 Bn 436.92 Mn 463.80 Mn

Historic Data

Download Data
DateValue
Dec 31, 2023 -72.00 Mn
Dec 31, 2023 -72.00 Mn
Dec 31, 2023 -72.00 Mn
Sep 30, 2023 -1.40 Mn
Sep 30, 2023 -1.40 Mn
Sep 30, 2023 -1.40 Mn
Jun 30, 2023 19.00 Mn
Jun 30, 2023 19.00 Mn
Jun 30, 2023 19.00 Mn
Mar 31, 2023 10.10 Mn
Mar 31, 2023 10.10 Mn
Mar 31, 2023 10.10 Mn
Dec 31, 2022 18.20 Mn
Dec 31, 2022 18.20 Mn
Dec 31, 2022 18.20 Mn
Sep 30, 2022 2.20 Mn
Sep 30, 2022 2.20 Mn
Sep 30, 2022 2.20 Mn
Jun 30, 2022 35.20 Mn
Jun 30, 2022 35.20 Mn