Wex (WEX) Tax Provisions (2009 - 2026)
Wex's Tax Provisions came in at $51.4 million for Q3 2026, up 42.0% from $36.2 million a year earlier and up 22.7% from the prior quarter.
Powered by 
Analysis
Wex (WEX) Tax Provisions (2009 - 2026) Analysis & Trends
Over the trailing twelve months to Sep 30, 2026, Wex reported Tax Provisions of $149.9 million, up 40.2% 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 Q3 2026 figure represents the highest quarterly Tax Provisions since Q2 2012.
- Year-over-year, Tax Provisions has increased for four consecutive quarters, with growth averaging 17.7% 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 $41.9 million (Q2 2026), $30.8 million (Q1 2026) and $25.8 million (Q4 2025) in the three quarters before Q3 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Taxes (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 48.40 Mn |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 301.00 Mn |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 105.21 Mn |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | 137.00 Mn |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 120.03 Mn |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | -66.75 Mn |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 13.91 Mn |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 28.51 Mn |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 250,000.00 |
| 10 | Wex | 6.19 Bn | -15.83 Bn | 492.70 Mn | 51.40 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 51.40 Mn |
| 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 |
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();