Wex WEX
NYSE WEX
$187.15 -6.76 (-3.49%)
As of: Sep 8, 2026 · 3:59 PM EDT

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

Historic Data

Download Data
DateValue
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