Wex (WEX) Total Debt (2009 - 2026)
Wex's Total Debt was $5.36 billion in Q2 2026, down 1.6% from $5.44 billion a year earlier but up 2.3% from the prior quarter.
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Analysis
Wex (WEX) Total Debt (2009 - 2026) Analysis & Trends
At the end of FY2025, Total Debt at Wex came in at $4.86 billion, up 11.0% from FY2024.
- Total Debt has now increased for three consecutive years, with a five-year compound annual growth rate of 9.9% (FY2020 to FY2025).
- In earlier years, Total Debt was $4.38 billion in FY2024 (+13.1%), $3.87 billion in FY2023 (+42.0%), $2.72 billion in FY2022 (-4.4%) and $2.85 billion in FY2021 (-5.8%).
- Quarterly Total Debt has moved between $2.72 billion (Q4 2022) and $5.59 billion (Q1 2025) over five years.
- Compared with a year earlier, Total Debt was higher in six of the last eight quarters, with growth averaging 14.4%.
- The best year-over-year quarter for Total Debt over five years was Q1 2024 (growth of 43.6%); the worst was Q1 2026 (a decline of 6.2%).
- Per Business Quant data, WEX's Total Debt in the three quarters before Q2 2026 was $5.24 billion (Q1 2026), $4.86 billion (Q4 2025) and $5.03 billion (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Total Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | 6.48 Bn |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 13.40 Bn |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 6.29 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | 7.59 Bn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 8.40 Bn |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 27.89 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 22.63 Bn |
| 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 | 678.09 Mn |
| 10 | Wex | 6.07 Bn | -15.62 Bn | 463.80 Mn | 5.36 Bn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 5.36 Bn |
| Mar 31, 2026 | 5.24 Bn |
| Dec 31, 2025 | 4.86 Bn |
| Sep 30, 2025 | 5.03 Bn |
| Jun 30, 2025 | 5.44 Bn |
| Mar 31, 2025 | 5.59 Bn |
| Dec 31, 2024 | 4.38 Bn |
| Sep 30, 2024 | 4.58 Bn |
| Jun 30, 2024 | 4.21 Bn |
| Mar 31, 2024 | 4.19 Bn |
| Dec 31, 2023 | 3.87 Bn |
| Sep 30, 2023 | 3.61 Bn |
| Jun 30, 2023 | 3.22 Bn |
| Mar 31, 2023 | 2.92 Bn |
| Dec 31, 2022 | 2.72 Bn |
| Sep 30, 2022 | 2.80 Bn |
| Jun 30, 2022 | 2.94 Bn |
| Mar 31, 2022 | 2.93 Bn |
| Dec 31, 2021 | 2.85 Bn |
| Sep 30, 2021 | 2.99 Bn |
API Access
Wex Total Debt 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=total-debt&ticker=WEX&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "total-debt", "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=total-debt&ticker=WEX&period=max&api_key=YOUR_API_KEY");
const data = await res.json();