Wex (WEX) Payables (2009 - 2026)
Wex (WEX) posted Payables of $1.7 billion for Q1 2026, up 60.11% quarter-over-quarter from $1.1 billion in Q4 2025, and up 25.88% year-on-year from $1.4 billion in Q1 2025.
Wex (WEX) Payables (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Payables for 18 consecutive years, with $1.7 billion the latest figure, recorded in Q1 2026.
- Payables for Q1 2026 came in at $1.7 billion, up 25.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $1.7 billion (up 25.88% YoY), and the FY2025 annual result was $1.1 billion, down 1.88% from the prior year.
- Payables was $1.7 billion for Q1 2026 at Wex, up from $1.1 billion in the prior quarter.
- Over five years, Payables peaked at $2.0 billion in Q2 2022 and troughed at $1.1 billion in Q4 2025.
- Average Payables over 5 years is $1.5 billion, with a median of $1.5 billion recorded in 2023.
- Year-over-year, Payables surged 56.94% in 2022 and decreased 26.25% in 2024.
- Over 5 years, Payables stood at $1.4 billion in 2022, then grew by 8.3% to $1.5 billion in 2023, then dropped by 26.25% to $1.1 billion in 2024, then retreated by 1.88% to $1.1 billion in 2025, then soared by 60.11% to $1.7 billion in 2026.
- Per Business Quant data, the three most recent Payables figures were $1.7 billion in Q1 2026, $1.1 billion in Q4 2025, and $1.5 billion in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 37.51 Bn |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 18.18 Bn |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 495.96 Mn |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 262.00 Mn |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | 105.32 Mn |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 238.70 Mn |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | 58.84 Mn |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 1.30 Bn |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | - |
| 10 | Wex | 4.92 Bn | -486.44 Mn | 393.70 Mn | 1.71 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 1.71 Bn |
| Dec 31, 2025 | 1.07 Bn |
| Sep 30, 2025 | 1.46 Bn |
| Jun 30, 2025 | 1.43 Bn |
| Mar 31, 2025 | 1.36 Bn |
| Dec 31, 2024 | 1.09 Bn |
| Sep 30, 2024 | 1.37 Bn |
| Jun 30, 2024 | 1.73 Bn |
| Mar 31, 2024 | 1.82 Bn |
| Dec 31, 2023 | 1.48 Bn |
| Sep 30, 2023 | 1.74 Bn |
| Jun 30, 2023 | 1.51 Bn |
| Mar 31, 2023 | 1.43 Bn |
| Dec 31, 2022 | 1.37 Bn |
| Sep 30, 2022 | 1.56 Bn |
| Jun 30, 2022 | 1.96 Bn |
| Mar 31, 2022 | 1.71 Bn |
| Dec 31, 2021 | 1.02 Bn |
| Sep 30, 2021 | 1.29 Bn |
| Jun 30, 2021 | 1.25 Bn |