Wex (WEX) Research & Development (2017 - 2026)

Wex (WEX) has reported Research & Development for 10 consecutive years, with $112.7 million the latest figure, recorded in Q2 2026.

• Quarterly Research & Development rose 15.35% year-over-year to $112.7 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $415.7 million (up 18.57% YoY) and the FY2025 annual result came in at $387.0 million, up 13.49% from the prior year.
• Research & Development rose to $112.7 million in Q2 2026 per WEX's latest filing, from $104.6 million in the prior quarter.
• Over the last five years, Research & Development for WEX reached as high as $112.7 million in Q2 2026 and fell as low as $73.9 million in Q1 2022.
• A 5-year average of $88.0 million and a median of $84.0 million in 2023 frame the typical range for Research & Development.
• Annual changes were most pronounced in 2022 — Research & Development retreated 6.08% — and 2025, when it rose 24.66%.
• Year by year, Research & Development stood at $76.5 million in 2022, then rose by 12.68% to $86.2 million in 2023, then retreated by 5.92% to $81.1 million in 2024, then increased by 24.66% to $101.1 million in 2025, then gained by 11.47% to $112.7 million in 2026.
• According to Business Quant data, Research & Development over the past three periods registered $112.7 million, $104.6 million, and $101.1 million for Q2 2026, Q1 2026, and Q4 2025 respectively.