WEX (WEX) Selling and Marketing Expense : $346 Mil (TTM As of Sep. 2024)

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What is WEX Selling and Marketing Expense?

Selling and Marketing Expense is the aggregate total amount of expenses directly related to the marketing or selling of products or services. WEX's Selling and Marketing Expense for the three months ended in Sep. 2024 was $81 Mil. Its Selling and Marketing Expense for the trailing twelve months (TTM) ended in Sep. 2024 was $346 Mil.

WEX Selling and Marketing Expense Historical Data

The historical data trend for WEX's Selling and Marketing Expense can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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WEX Selling and Marketing Expense Chart

WEX Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Selling and Marketing Expense

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259.87

266.68

319.10

311.80

327.80

WEX Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Selling and Marketing Expense	Get a 7-Day Free Trial															82.80	86.20	85.30	93.70	80.90

WEX Selling and Marketing Expense Calculation

Selling and Marketing Expense is the aggregate total amount of expenses directly related to the marketing or selling of products or services.

Selling and Marketing Expense for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $346 Mil.

WEX Selling and Marketing Expense Related Terms

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WEX Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » WEX Inc (NYSE:WEX) » Definitions » Selling and Marketing Expense

Comparable Companies

Traded in Other Exchanges

WL9:Germany

Address

1 Hancock Street, Portland, ME, USA, 04101

Website

https://www.wexinc.com

WEX Inc is a provider of corporate payment solutions. The company operates three business segments: Mobility, Benefits, and Corporate Payments. Mobility segment, the largest segment by revenue, provides fleet vehicle payment solutions, transaction processing, and information management services for commercial and government fleets. The Corporate Payments segment offers business-to-business payment processing and transaction monitoring services. The Benefits segment generates revenue from healthcare payment products and its consumer-directed software platform. Wex's largest end market is the United States of America.

Executives

Robert Joseph Deshaies	officer: President, WEX Health	C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Jagtar Narula	officer: Chief Financial Officer	333 THREE D SYSTEMS CIRCLE, ROCK HILL SC 29730
Ann Elena Drew	officer: Chief Risk and Compliance	C/0 WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Melanie J Tinto	officer: Chief Human Resources Officer	C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Jennifer Kimball	officer: Interim CFO	C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Carlos Carriedo	officer: COO, International	C/0 WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Hilary A Rapkin	officer: SVP, Gen. Counsel & Corp. Sec.	C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Melissa D Goodwin	officer: SVP, Finance and CFO	C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Jack Vanwoerkom	director
Stephen Montgomery Smith	director	C/O WEX INC., 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
James R Groch	director	50 SOUTH 16TH STREET, SUITE 3000, PHILADELPHIA PA 19102
Regina O Sommer	director	201 JONES RD, WALTHAM MA 02451
David G Cooper	officer: Chief Technology Officer	C/O WEX INC., 9, SOUTH PORTLAND ME 04106
Derrick A. Roman	director	C/O COMMSCOPE HOLDING COMPANY, INC., 1100 COMMSCOPE PLACE, SE, HICKORY NC 28602
Karen B. Stroup	officer: Chief Digital Officer	440 S. CHURCH STREET, SUITE 700, CHARLOTTE NC 28202