WEX Cost of Goods Sold 2010-2025 | WEX
WEX annual/quarterly cost of goods sold history and growth rate from 2010 to 2025. Cost of goods sold can be defined as the difference between beginning and ending inventories for tangible products resulting in an expense that reflects production and sales costs.
- WEX cost of goods sold for the quarter ending March 31, 2025 was $0.270B, a 1.05% increase year-over-year.
- WEX cost of goods sold for the twelve months ending March 31, 2025 was $1.041B, a 3.43% increase year-over-year.
- WEX annual cost of goods sold for 2024 was $1.038B, a 6.62% increase from 2023.
- WEX annual cost of goods sold for 2023 was $0.973B, a 4.6% increase from 2022.
- WEX annual cost of goods sold for 2022 was $0.931B, a 32.51% increase from 2021.
WEX Annual Cost of Goods Sold
(Millions of US $) |
| 2024 |
$1,038 |
| 2023 |
$973 |
| 2022 |
$931 |
| 2021 |
$702 |
| 2020 |
$673 |
| 2019 |
$660 |
| 2018 |
$548 |
| 2017 |
$514 |
| 2016 |
$459 |
| 2015 |
$227 |
| 2014 |
$201 |
| 2013 |
$164 |
| 2012 |
$157 |
| 2011 |
$125 |
| 2010 |
$88 |
| 2009 |
$63 |
WEX Quarterly Cost of Goods Sold
(Millions of US $) |
| 2025-03-31 |
$270 |
| 2024-12-31 |
$283 |
| 2024-09-30 |
$249 |
| 2024-06-30 |
$238 |
| 2024-03-31 |
$267 |
| 2023-12-31 |
$288 |
| 2023-09-30 |
$235 |
| 2023-06-30 |
$216 |
| 2023-03-31 |
$235 |
| 2022-12-31 |
$262 |
| 2022-09-30 |
$244 |
| 2022-06-30 |
$224 |
| 2022-03-31 |
$200 |
| 2021-12-31 |
$193 |
| 2021-09-30 |
$180 |
| 2021-06-30 |
$172 |
| 2021-03-31 |
$158 |
| 2020-12-31 |
$169 |
| 2020-09-30 |
$157 |
| 2020-06-30 |
$162 |
| 2020-03-31 |
$186 |
| 2019-12-31 |
$180 |
| 2019-09-30 |
$166 |
| 2019-06-30 |
$161 |
| 2019-03-31 |
$153 |
| 2018-12-31 |
$157 |
| 2018-09-30 |
$137 |
| 2018-06-30 |
$126 |
| 2018-03-31 |
$129 |
| 2017-12-31 |
$135 |
| 2017-09-30 |
$135 |
| 2017-06-30 |
$128 |
| 2017-03-31 |
$116 |
| 2016-12-31 |
$247 |
| 2016-09-30 |
$84 |
| 2016-06-30 |
$70 |
| 2016-03-31 |
$58 |
| 2015-12-31 |
$64 |
| 2015-09-30 |
$60 |
| 2015-06-30 |
$54 |
| 2015-03-31 |
$50 |
| 2014-12-31 |
$49 |
| 2014-09-30 |
$56 |
| 2014-06-30 |
$48 |
| 2014-03-31 |
$48 |
| 2013-12-31 |
$37 |
| 2013-09-30 |
$46 |
| 2013-06-30 |
$43 |
| 2013-03-31 |
$38 |
| 2012-12-31 |
$43 |
| 2012-09-30 |
$43 |
| 2012-06-30 |
$38 |
| 2012-03-31 |
$33 |
| 2011-12-31 |
$29 |
| 2011-09-30 |
$37 |
| 2011-06-30 |
$32 |
| 2011-03-31 |
$27 |
| 2010-12-31 |
$25 |
| 2010-09-30 |
$26 |
| 2010-06-30 |
$18 |
| 2010-03-31 |
$19 |
| 2009-12-31 |
$16 |
| 2009-09-30 |
$18 |
| 2009-06-30 |
$14 |
| 2009-03-31 |
$16 |
| Sector |
Industry |
Market Cap |
Revenue |
| Business Services |
Financial Transaction Services |
$8.248B |
$2.351B |
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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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