Wex (WEX) Tax Provisions (2009 - 2026)

Wex (WEX) posted Tax Provisions of $30.8 million for Q1 2026, up 19.38% quarter-over-quarter from $25.8 million in Q4 2025, and up 6.57% year-on-year from $28.9 million in Q1 2025.

Wex (WEX) Tax Provisions (2009 - 2026) Analysis & Trends

Wex (WEX) has reported Tax Provisions for 18 consecutive years, with $30.8 million the latest figure, recorded in Q1 2026.

  • Tax Provisions for Q1 2026 came in at $30.8 million, up 6.57% year-over-year; the trailing twelve-month figure through Mar 2026 was $118.0 million (up 4.61% YoY), and the FY2025 annual result was $116.1 million, up 7.3% from the prior year.
  • Tax Provisions was $30.8 million for Q1 2026 at Wex, up from $25.8 million in the prior quarter.
  • Over five years, Tax Provisions peaked at $42.0 million in Q1 2022 and troughed at $800000.0 in Q3 2022.
  • Average Tax Provisions over 5 years is $26.5 million, with a median of $26.0 million recorded in 2023.
  • Year-over-year, Tax Provisions sank 95.86% in 2022 and jumped 3150.0% in 2023.
  • Over 5 years, Tax Provisions stood at $35.8 million in 2022, then tumbled by 34.36% to $23.5 million in 2023, then retreated by 29.36% to $16.6 million in 2024, then jumped by 55.42% to $25.8 million in 2025, then increased by 19.38% to $30.8 million in 2026.
  • Per Business Quant data, the three most recent Tax Provisions figures were $30.8 million in Q1 2026, $25.8 million in Q4 2025, and $36.2 million in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Taxes (Qtr)
1 Microsoft 2,853.66 Bn 2,775.39 Bn 56.06 Bn 7.56 Bn
2 Oracle 408.21 Bn 376.86 Bn 17.12 Bn 1.07 Bn
3 Palantir Technologies 300.98 Bn 293.06 Bn 1.42 Bn 12.20 Mn
4 Palo Alto Networks 247.84 Bn 243.30 Bn 1.91 Bn 117.00 Mn
5 CrowdStrike Holdings 193.63 Bn 190.57 Bn 993.68 Mn -3.60 Mn
6 Fortinet 117.45 Bn 114.16 Bn 1.49 Bn 122.00 Mn
7 Cloudflare 86.88 Bn 85.93 Bn 455.60 Mn 1.50 Mn
8 Synopsys 86.18 Bn 86.06 Bn 1.77 Bn 14.34 Mn
9 Block 46.10 Bn 39.21 Bn 2.91 Bn -84.00 Mn
10 Wex 4.92 Bn -486.44 Mn 393.70 Mn 30.80 Mn

Historic Data

Download Data
DateValue
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
Jun 30, 2021 -746,000.00