Wex (WEX) Short term Debt (2017 - 2026)
Wex's Short term Debt came in at $1.83 billion for Q2 2026, up 19.7% from $1.53 billion a year earlier and up 12.4% from the prior quarter.
Analysis
Wex (WEX) Short term Debt (2017 - 2026) Analysis & Trends
At the end of FY2025, Wex's Short term Debt was $1.33 billion, up 2.6% from FY2024.
- Short term Debt has increased in each of the last five years, with a five-year compound annual growth rate of 54.1% (FY2020 to FY2025).
- Going back by year, Short term Debt was $1.29 billion in FY2024 (+24.2%), $1.04 billion in FY2023 (+413.9%), $202.6 million in FY2022 (+30.1%) and $155.77 million in FY2021 (+2.0%).
- The Q2 2026 figure represents the highest quarterly Short term Debt in data going back to Q4 2017.
- Year-over-year, Short term Debt has increased for three consecutive quarters, with growth averaging 19.2% over the last eight quarters.
- The fastest year-over-year change in Short term Debt over five years came in Q3 2023 (growth of 511.8%), and the weakest in Q1 2022 (a decline of 55.5%).
- Business Quant data shows WEX's Short term Debt at $1.63 billion (Q1 2026), $1.33 billion (Q4 2025) and $1.31 billion (Q3 2025) in the three quarters before Q2 2026.
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 |
|---|---|
| Jun 30, 2026 | 1.83 Bn |
| Mar 31, 2026 | 1.63 Bn |
| Dec 31, 2025 | 1.33 Bn |
| Sep 30, 2025 | 1.31 Bn |
| Jun 30, 2025 | 1.53 Bn |
| Mar 31, 2025 | 1.49 Bn |
| Dec 31, 2024 | 1.29 Bn |
| Sep 30, 2024 | 1.44 Bn |
| Jun 30, 2024 | 1.25 Bn |
| Mar 31, 2024 | 1.11 Bn |
| Dec 31, 2023 | 1.04 Bn |
| Sep 30, 2023 | 957.30 Mn |
| Jun 30, 2023 | 723.00 Mn |
| Mar 31, 2023 | 290.40 Mn |
| Dec 31, 2022 | 202.60 Mn |
| Sep 30, 2022 | 156.48 Mn |
| Jun 30, 2022 | 175.83 Mn |
| Mar 31, 2022 | 157.62 Mn |
| Dec 31, 2021 | 155.77 Mn |
| Sep 30, 2021 | 183.24 Mn |
API Access
Wex Short term Debt 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=short-term-debt&ticker=WEX&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "short-term-debt", "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=short-term-debt&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();