Wex (WEX) Tax Provisions (2009 - 2026)
Wex's (WEX) quarterly Tax Provisions came in at $41.9 million in Q2 2026, up 66.27% YoY from $25.2 million in Q2 2025, and up 36.04% on a QoQ basis from $30.8 million in Q1 2026.
Wex (WEX) Tax Provisions (2009 - 2026) Analysis & Trends
Wex (WEX) has 18 years of Tax Provisions data on file, last reported at $41.9 million in Q2 2026.
- Quarterly Tax Provisions rose 66.27% year-over-year to $41.9 million in Q2 2026, while the trailing twelve-month figure through Jun 2026 was $134.7 million (up 23.69% YoY) and the FY2025 annual result came in at $116.1 million, up 7.3% from the prior year.
- Tax Provisions improved to $41.9 million in Q2 2026, from $30.8 million in the prior quarter.
- In the past five years, Tax Provisions ranged from a high of $42.0 million in Q1 2022 to a low of $800000.0 in Q3 2022.
- A 5-year average of $27.3 million and a median of $27.4 million in 2023 frame the typical range for Tax Provisions.
- Annual changes were most pronounced in 2022 — Tax Provisions tumbled 95.86% — and 2023, when it surged 3150.0%.
- Tracing WEX's Tax Provisions over 5 years: stood at $35.8 million in 2022, then plunged by 34.36% to $23.5 million in 2023, then dropped by 29.36% to $16.6 million in 2024, then jumped by 55.42% to $25.8 million in 2025, then soared by 62.4% to $41.9 million in 2026.
- The last three Tax Provisions figures came in at $41.9 million (Q2 2026), $30.8 million (Q1 2026), and $25.8 million (Q4 2025), per Business Quant data.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 10.94 Bn |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 15.38 Mn |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | -555.00 Mn |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 21.00 Mn |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 115.00 Mn |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 2.04 Mn |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 14.34 Mn |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 62.00 Mn |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 214.41 Mn |
| 10 | Wex | 6.67 Bn | 568.61 Mn | 463.80 Mn | 41.90 Mn |
Historic Data
Download 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 |