Wex (WEX) Tax Provisions (2009 - 2026)
Wex's Tax Provisions came in at $41.9 million for Q2 2026, up 66.3% from $25.2 million a year earlier and up 36.0% from the prior quarter.
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Analysis
Wex (WEX) Tax Provisions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Wex reported Tax Provisions of $134.7 million, up 23.7% year-over-year; for FY2025, it came in at $116.1 million, up 7.3% from FY2024.
- Tax Provisions has increased in each of the last four years.
- Going back by year, Tax Provisions was $108.2 million in FY2024 (+5.9%), $102.2 million in FY2023 (+9.8%), $93.1 million in FY2022 (+37.3%) and $67.8 million in FY2021.
- The Q2 2026 figure represents the highest quarterly Tax Provisions since Q1 2022.
- Year-over-year, Tax Provisions has increased for three consecutive quarters, with growth averaging 18.3% over the last eight quarters.
- The fastest year-over-year change in Tax Provisions over five years came in Q2 2026 (growth of 66.3%), and the weakest in Q3 2022 (a decline of 95.9%).
- Business Quant data shows WEX's Tax Provisions at $30.8 million (Q1 2026), $25.8 million (Q4 2025) and $36.2 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -35.94 Mn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 206.00 Mn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 214.41 Mn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -8.01 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 92.93 Mn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 156.00 Mn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | -4.93 Mn |
| 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 | 13.91 Mn |
| 10 | Wex | 6.07 Bn | -15.62 Bn | 463.80 Mn | 41.90 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 |
API Access
Wex Tax Provisions 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=tax-provisions&ticker=WEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-provisions", "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=tax-provisions&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();