Wex (WEX) Tax Provisions (2009 - 2026)
Wex's (WEX) quarterly Tax Provisions came in at $41.9 million in Q2 2026, up 66.27% on a YoY basis from $25.2 million in Q2 2025, and up 36.04% quarter-over-quarter from $30.8 million in Q1 2026.
Analysis
Wex (WEX) Tax Provisions (2009 - 2026) Analysis & Trends
Wex (WEX) has reported Tax Provisions for 18 consecutive years, with $41.9 million the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Tax Provisions rose 66.27% year-over-year to $41.9 million; the trailing twelve-month figure through Jun 2026 stood at $134.7 million (up 23.69% YoY), and the FY2025 full-year result was $116.1 million, up 7.3% from the prior year.
- Tax Provisions advanced to $41.9 million in Q2 2026 per WEX's latest filing, from $30.8 million in the prior quarter.
- Across five years, Tax Provisions topped out at $42.0 million in Q1 2022 and bottomed at $800000.0 in Q3 2022.
- Historically, Tax Provisions has averaged $27.3 million across 5 years, with a median of $27.4 million in 2023.
- The sharpest annual moves came in 2022 and 2023: Tax Provisions plunged 95.86% in 2022, then soared 3150.0% in 2023.
- Over 5 years, Tax Provisions stood at $35.8 million in 2022, then slumped by 34.36% to $23.5 million in 2023, then fell by 29.36% to $16.6 million in 2024, then soared by 55.42% to $25.8 million in 2025, then surged by 62.4% to $41.9 million in 2026.
- According to Business Quant data, Tax Provisions over the past three periods registered $41.9 million, $30.8 million, and $25.8 million for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 214.41 Mn |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 206.00 Mn |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 156.00 Mn |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 92.93 Mn |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | -4.93 Mn |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 41.90 Mn |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 7.13 Mn |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 10.10 Mn |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | -10.21 Mn |
| 10 | Sezzle | 4.00 Bn | 3.91 Bn | - | 10.95 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 41.90 Mn |
| Mar 31, 2026 | 30.80 Mn |
| Dec 31, 2025 | 25.80 Mn |
| Sep 30, 2025 | 36.20 Mn |
| Jun 30, 2025 | 25.20 Mn |
| Mar 31, 2025 | 28.90 Mn |
| Dec 31, 2024 | 16.60 Mn |
| Sep 30, 2024 | 38.20 Mn |
| Jun 30, 2024 | 29.10 Mn |
| Mar 31, 2024 | 24.20 Mn |
| Dec 31, 2023 | 23.50 Mn |
| Sep 30, 2023 | 26.00 Mn |
| Jun 30, 2023 | 22.50 Mn |
| Mar 31, 2023 | 30.20 Mn |
| Dec 31, 2022 | 35.80 Mn |
| Sep 30, 2022 | 800,000.00 |
| Jun 30, 2022 | 14.50 Mn |
| Mar 31, 2022 | 42.00 Mn |
| Dec 31, 2021 | 50.88 Mn |
| Sep 30, 2021 | 19.34 Mn |