WEX Operating Expenses 2010-2024 | WEX

WEX annual/quarterly operating expenses history and growth rate from 2010 to 2024. Operating expenses can be defined as the sum of all operating expenses for the given industry.
  • WEX operating expenses for the quarter ending September 30, 2024 were $0.469B, a 1.53% decline year-over-year.
  • WEX operating expenses for the twelve months ending September 30, 2024 were $1.968B, a 5.81% increase year-over-year.
  • WEX annual operating expenses for 2023 were $1.901B, a 1.07% increase from 2022.
  • WEX annual operating expenses for 2022 were $1.881B, a 24.66% increase from 2021.
  • WEX annual operating expenses for 2021 were $1.509B, a 8.65% decline from 2020.
WEX Annual Operating Expenses
(Millions of US $)
2023 $1,901
2022 $1,881
2021 $1,509
2020 $1,652
2019 $1,338
2018 $1,112
2017 $1,015
2016 $854
2015 $626
2014 $511
2013 $441
2012 $402
2011 $320
2010 $240
2009 $197
WEX Quarterly Operating Expenses
(Millions of US $)
2024-09-30 $469
2024-06-30 $505
2024-03-31 $488
2023-12-31 $505
2023-09-30 $477
2023-06-30 $462
2023-03-31 $458
2022-12-31 $463
2022-09-30 $595
2022-06-30 $427
2022-03-31 $395
2021-12-31 $389
2021-09-30 $382
2021-06-30 $377
2021-03-31 $360
2020-12-31 $596
2020-09-30 $380
2020-06-30 $318
2020-03-31 $357
2019-12-31 $336
2019-09-30 $342
2019-06-30 $347
2019-03-31 $313
2018-12-31 $287
2018-09-30 $284
2018-06-30 $270
2018-03-31 $270
2017-12-31 $268
2017-09-30 $260
2017-06-30 $256
2017-03-31 $231
2016-12-31 $274
2016-09-30 $233
2016-06-30 $182
2016-03-31 $165
2015-12-31 $163
2015-09-30 $158
2015-06-30 $151
2015-03-31 $154
2014-12-31 $150
2014-09-30 $120
2014-06-30 $121
2014-03-31 $121
2013-12-31 $111
2013-09-30 $114
2013-06-30 $111
2013-03-31 $105
2012-12-31 $119
2012-09-30 $110
2012-06-30 $90
2012-03-31 $82
2011-12-31 $79
2011-09-30 $87
2011-06-30 $80
2011-03-31 $74
2010-12-31 $72
2010-09-30 $64
2010-06-30 $52
2010-03-31 $52
2009-12-31 $53
2009-09-30 $49
2009-06-30 $46
2009-03-31 $49
Sector Industry Market Cap Revenue
Business Services Financial Transaction Services $7.097B $2.548B
WEX Inc. is a leading provider of payment processing and business solutions across a wide spectrum of sectors, including fleet, travel and healthcare world wide. WEX operates through three business segments: Fleet Solutions, Travel & Corporate Solutions, and Health and Employee Benefit Solutions. Fleet Solutions unit offers customers with fleet vehicle payment processing services, particularly designed for commercial and government fleets and generates revenues from payment processing, account servicing and financing fees. Following the acquisition of European Fleet business, WEX fleet cards are accepted at all ExxonMobil stations throughout Europe. Travel and Corporate Solutions targets the complex payment environment of business-to-business payments, providing customers with payment processing solutions for their corporate payment and transaction monitoring needs. Health and Employee Benefit Solutions offers healthcare payment products and software-as-a-service consumer directed platforms.
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