WEX Operating Expenses 2010-2023 | WEX
WEX annual/quarterly operating expenses history and growth rate from 2010 to 2023. Operating expenses can be defined as the sum of all operating expenses for the given industry.
- WEX operating expenses for the quarter ending December 31, 2023 were $0.505B, a 8.93% increase year-over-year.
- WEX operating expenses for the twelve months ending December 31, 2023 were $1.901B, a 1.07% 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 $) |
| 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 |
$9.594B |
$2.548B |
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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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