Can WEX cover its short-term obligations?

Its current ratio is 1.05 — current assets exceed current liabilities.

Where does WEX's balance sheet data come from?

Every line is extracted from WEX's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.

WEX WEX Balance Sheet Statement

Income Statement Balance Sheet Cash Flow Ratios Segments

Quarterly Annual TTM

YoY QoQ

Simplified Detailed

	TTM Q1 '26	TTM Q4 '25	TTM Q3 '25	TTM Q2 '25	TTM Q1 '25
Cash and cash equivalents	$1.24B-2.9%	$1.68B+16.8%	$1.48B+12.9%	$1.53B-13.9%	$1.28B-38.6%
Restricted cash	$606.8M-8.2%	$772.7M-7.8%	$668.6M-13.9%	$752M-31.4%	$660.9M-49.2%
Trading assets	——	——	——	——	——
Accrued investment income	$35.7M+17.0%	$36.3M+17.5%	$33.7M+5.6%	$34M+19.7%	$30.5M+6.3%
Total current assets	$10.71B+16.8%	$9.71B+14.1%	$9.72B+6.7%	$9.9B+5.5%	$9.17B-3.8%
Property and equipment, net	$255.2M-1.4%	$253.7M-2.9%	$258.5M-1.1%	$257.6M+0.3%	$258.8M+3.7%
Accumulated depreciation	$748M+12.4%	$713M+12.8%	$568.9M-9.6%	$697.3M+16.8%	$665.4M+16.7%
Goodwill	$3.02B+1.1%	$3.02B+1.1%	$3.01B-0.4%	$3.01B+0.2%	$2.99B-0.5%
Intangible assets, net	$1.1B-10.5%	$1.09B-13.6%	$1.14B-13.6%	$1.18B-13.1%	$1.23B-12.6%
Other non-current assets	$224M+3.6%	$218.2M+7.6%	$214.7M+659%	$221.2M+663%	$216.2M+47.3%
Equity method investments	$87.2M+22.8%	$76.6M-4.8%	$76.2M+157%	$77.8M+197%	$71M+502%
Long-term investments	$4.78B+24.7%	$4.33B+15.1%	$4.13B+10.9%	$4.14B+24.7%	$3.83B+15.8%
Available-for-sale securities	——	——	——	——	——
Total assets	$15.43B+10.5%	$14.4B+8.1%	$14.43B+3.4%	$14.67B+3.0%	$13.96B-3.2%
Deferred revenue	——	——	——	——	——
Current portion of long-term debt	$1.63B+9.8%	$1.33B+2.6%	$1.31B-9.0%	$1.53B+22.7%	$1.49B+33.5%
Short-term borrowings	$1.63B+9.8%	$1.33B+2.6%	$1.31B-9.0%	$1.53B+22.7%	$1.49B+33.5%
Noninterest-bearing deposits	$277.6M-0.1%	$245.6M+41.8%	$240.2M-9.0%	$198.2M-23.7%	$278M+53.3%
Time deposits	3.9%+1.5%	4%+2.5%	4.2%+0.3%	4.4%+0.4%	2.4%-0.4%
Total current liabilities	$10.22B+16.6%	$9.29B+11.5%	$9.25B+6.1%	$9.5B+4.7%	$8.76B-2.5%
Long-term debt	$3.61B-12.0%	$3.53B+14.6%	$3.72B+18.3%	$3.91B+32.1%	$4.1B+33.0%
Other non-current liabilities	$132.3M-9.6%	$159.1M-42.7%	$167.8M-41.1%	$139.3M-53.8%	$146.4M-53.5%
Total liabilities	$14.15B+7.6%	$13.17B+11.3%	$13.31B+8.4%	$13.69B+9.9%	$13.15B+4.0%
Common stock	175M0.0%	175M+34,900%	175M0.0%	175M0.0%	175M0.0%
Additional paid-in capital	$1.22B+7.7%	$1.21B+5.1%	$1.19B+11.4%	$1.16B+5.5%	$1.13B+6.5%
Retained earnings	$2.45B+14.5%	$2.37B+14.7%	$2.29B+14.2%	$2.21B+16.1%	$2.14B+17.3%
Accumulated other comprehensive income (loss)	-$178.3M+27.3%	-$128.1M+59.0%	-$141.2M+3.2%	-$171.1M+39.2%	-$245.1M+11.4%
Treasury stock	$2.22B0.0%	$2.22B+56.6%	$2.22B+77.7%	$2.22B+137%	$2.22B+166%
Total stockholders' equity	$1.27B+57.3%	$1.23B-17.1%	$1.12B-33.3%	$978.7M-45.1%	$810.4M-54.4%
Total liabilities and stockholders' equity	$15.43B+10.5%	$14.4B+8.1%	$14.43B+3.4%	$14.67B+3.0%	$13.96B-3.2%
Available-for-Sale Debt Securities	$4.78B+24.7%	$4.33B+15.1%	$4.13B+10.9%	$4.14B+24.7%	$3.83B+15.8%
Available-for-Sale Debt Securities - Amortized Cost	——	——	——	——	——
Available-for-Sale Debt Securities - Amortized Cost (Due Within One Year)	——	——	——	——	——
Available-for-Sale Debt Securities - Fair Value by Maturity	——	——	——	——	——
Available-for-Sale Debt Securities - Single Maturity Date	——	——	——	——	——
Available-for-Sale Debt Securities - Unrealized Loss Position (>=12 Months)	$826.5M-20.0%	$912.8M-12.9%	$1.06B-9.9%	$974.2M-37.4%	$1.03B-19.4%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months)	$826.5M-20.0%	$912.8M-12.9%	$1.06B-9.9%	$974.2M-37.4%	$1.03B-19.4%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$2.14B+70.4%	$567.3M-61.3%	$494.9M+32.1%	$889.1M+21.6%	$1.26B+35.7%
Available-for-Sale Debt Securities - Unrealized Loss Position (<12 Months)	$2.14B+70.4%	$567.3M-61.3%	$494.9M+32.1%	$889.1M+21.6%	$1.26B+35.7%
Available-for-Sale Debt Securities - Unrealized Loss Position	$74M-16.9%	$51.5M-59.7%	$63.1M-5.5%	$78.1M-40.0%	$89M-27.3%
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Fair Value	$826.5M-20.0%	$912.8M-12.9%	$1.06B-9.9%	$974.2M-37.4%	$1.03B-19.4%
AFS and Trading Securities - Unrealized Loss Position Fair Value	$2.97B+29.6%	$1.48B-41.2%	$1.56B+0.2%	$1.86B-18.5%	$2.29B+3.7%
AFS and Trading Securities - Unrealized Loss Position (<12 Months) Fair Value	$2.14B+70.4%	$567.3M-61.3%	$494.9M+32.1%	$889.1M+21.6%	$1.26B+35.7%
Allowance for Doubtful Accounts	$87.8M+16.3%	$84.3M+8.6%	$80.9M+0.5%	$83.7M—	$75.5M—
Allowance for Doubtful Accounts Receivable (Current)	$87.8M+16.3%	$84.3M+8.6%	$80.9M+0.5%	$83.7M—	$75.5M—
Cash and Cash Equivalents from Discontinued Operations	——	——	——	——	——
Cash, Cash Equivalents, and Marketable Securities	$2.97B+29.6%	$1.48B-41.2%	$1.56B+0.2%	$1.86B-18.5%	$2.29B+3.7%
Debt securities - current	$4.78B+24.7%	$4.33B+15.1%	$4.13B+10.9%	$4.14B+24.7%	$3.83B+15.8%
Customer Collateral Assets	$5.74B+23.5%	$5.42B+21.8%	$5.15B+15.5%	$5.1B+18.8%	$4.65B+14.0%
Trading Securities in Marketable Securities	$87.2M+22.8%	$76.6M+17.7%	$76.2M+157%	$77.8M—	$71M—
Available-for-Sale Debt Securities - Fair Value (Maturing 1 to 5 Years)	——	——	——	——	——
Deferred Tax Assets and Other Non-Current Assets	$224M+3.6%	$218.2M+7.6%	$214.7M+32.4%	$221.2M+39.6%	$216.2M+47.3%
Equity Securities Without Readily Determinable Fair Value - Cumulative Downward Adjustments	$87.2M+22.8%	$76.6M+17.7%	$76.2M+157%	$77.8M—	$71M—
Investments - Amortized Cost Basis	$87.2M+22.8%	$76.6M+17.7%	$76.2M+157%	$77.8M—	$71M—
Deferred tax assets	$17.3M-5.5%	$16.9M-7.7%	$16.8M+5.0%	$22.2M+52.1%	$18.3M+23.6%
Other intangible assets—net	$1.1B-10.5%	$1.09B-13.6%	$1.14B-13.6%	$1.18B-13.1%	$1.23B-12.6%
Investments	$92.8M+13.7%	$94.2M+17.0%	$81M+9.9%	$80.9M+23.1%	$81.6M+23.4%
Other non-current assets	$224M+3.6%	$218.2M+7.6%	$214.7M+32.4%	$221.2M+39.6%	$216.2M+47.3%
Short-term investment securities (includes restricted investments of consolidated variable interest entities: 2026, $85; 2025, $84)	$4.78B+24.7%	$4.33B+15.1%	$4.13B+10.9%	$4.14B+24.7%	$3.83B+15.8%
Software and Technology Licenses, Net	$224M+3.6%	$218.2M+7.6%	$214.7M+32.4%	$221.2M+39.6%	$216.2M+47.3%
Debt Maturity - 5 to 10 Years	——	——	——	——	——
Debt Maturity - Over 10 Years	——	——	——	——	——
Debt - Unamortized Discount (Premium) and Issuance Costs, Net	$31.8M-21.7%	$33.9M+30.9%	$36.1M+26.2%	$38.3M+37.3%	$40.6M+72.8%
Total debt	$5.24B-6.2%	$4.92B+10.7%	$5.03B+9.8%	$5.44B+29.3%	$5.59B+33.2%
Total Carrying Value of Debt	$3.69B-12.0%	$3.62B+14.6%	$3.81B+18.2%	$4B—	$4.19B—
AFS and Trading Securities - Unrealized Loss Position (>=12 Months) Accumulated Loss	$48.1M-30.5%	$46.5M-46.9%	$55.7M-13.8%	$61M-49.2%	$69.2M-33.7%
Common Equity Tier 1 Capital	$795.5M—	$764.3M—	$758.6M—	$751.7M—	——
Common Stock Par Value Per Share	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common Stock Shares Issued	51.1M+1.0%	50.7M+0.8%	50.7M+0.8%	50.7M+0.8%	50.6M+0.6%
Common stock; $0.001 par value; 6,000 shares authorized; 3,755 and 3,751 shares issued and outstanding as of March 31, 2026 and December 31, 2025, respectively	$500K0.0%	$500K0.0%	$500K0.0%	$500K0.0%	$500K0.0%
Investments - Gross Unrealized Losses	$2.97B+29.6%	$1.48B-41.2%	$1.56B+0.2%	$1.86B-18.5%	$2.29B+3.7%
Capital Conservation Buffer	$0.080.0%	$0.080.0%	$0.080.0%	$0.080.0%	$0.080.0%
Undistributed Earnings of Foreign Subsidiaries	$370.1M+10.1%	$351M+11.9%	$364.9M+30.9%	$352M+24.2%	$336M+31.4%
Components	——	——	——	——	——
Accounts Receivable from Securitization	$185.1M+42.9%	$123.7M+12.9%	$138.9M+4.2%	$128.9M-7.1%	$129.5M-9.6%
Accrued expenses and other current liabilities	$526.3M-13.3%	$695.2M+6.4%	$665.9M-2.1%	$689.2M-1.9%	$607.1M-9.6%
Accounts Receivable, Allowance for Credit Loss	$87.8M+16.3%	$84.3M+8.6%	$80.9M+0.5%	$83.7M—	$75.5M—
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	——	——	——	——	——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 5 Through 10	——	——	——	——	——
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year One Through Five	——	——	——	——	——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year One Through Five	——	——	——	——	——
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, after Year 10	——	——	——	——	——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, after Year 10	——	——	——	——	——
Debt Securities, Available-for-Sale, Maturity, Allocated and Single Maturity Date, Amortized Cost	——	——	——	——	——
Debt Securities, Available-for-Sale, Amortized Cost, Maturity, Allocated and Single Maturity Date, Year One	——	——	——	——	——
Debt Securities, Available-for-Sale, Fair Value, Maturity, Allocated and Single Maturity Date, Year One	——	——	——	——	——
Common equity tier 1 capital as a percent of risk-weighted assets	6.5%—	6.5%—	6.5%—	6.5%—	——
Capital Required To Be Well Capitalized To Risk Weighted Assets	$0.10.0%	$0.10.0%	$0.10.0%	$0.10.0%	$0.10.0%
Contractual deposits with maturities within 1 year	$200M+6.9%	$250M+93.5%	$275M-26.7%	$244.2M-49.9%	$187.1M-45.8%
Common Equity Tier One Capital Required For Capital Adequacy	$277.5M—	$229.5M—	$240.5M—	$262.2M—	——
Common Equity Tier One Capital Required To Be Well Capitalized	$400.9M—	$331.6M—	$347.4M—	$378.7M—	——
Common stock, par value (in dollars per share)	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%	$0.010.0%
Common stock, shares authorized (in shares)	$175M0.0%	$175M0.0%	$175M0.0%	$175M0.0%	$175M0.0%
Common stock, shares issued (in shares)	$51.1M+1.0%	$50.7M+0.8%	$50.7M+0.8%	$50.7M+0.8%	$50.6M+0.6%
Common Stock, Shares, Outstanding	$34.7M+1.5%	$34.3M-12.1%	$34.3M-13.8%	$34.3M-17.3%	$34.2M-18.4%
Cost of accounts receivable to be purchased	——	——	——	——	——
Short-term debt and current portion of long-term debt	$1.63B+9.8%	$1.33B+2.6%	$1.31B-9.0%	$1.53B+22.7%	$1.49B+33.5%
Long-term debt, gross	$3.69B-12.0%	$3.62B+14.6%	$3.81B+18.2%	$4B—	$4.19B—
Unamortized debt issuance costs/discounts, current	$8.7M-8.4%	$8.7M+26.1%	$8.7M+19.2%	$8.7M—	$9.5M—
Debt Instrument, Unamortized Discount (Premium) and Debt Issuance Costs, Net	$31.8M-21.7%	$33.9M+30.9%	$36.1M+26.2%	$38.3M+37.3%	$40.6M+72.8%
Investments	$4.82B+23.8%	$4.33B—	$4.13B—	$4.18B—	$3.89B—
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	$48.1M-30.5%	$46.5M-46.9%	$55.7M-13.8%	$61M-49.2%	$69.2M-33.7%
Less than 12 months	$2.14B+70.4%	$567.3M-61.3%	$494.9M+32.1%	$889.1M+21.6%	$1.26B+35.7%
12 months or more	$826.5M-20.0%	$912.8M-12.9%	$1.06B-9.9%	$974.2M-37.4%	$1.03B-19.4%
Debt Securities, Available-for-Sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	$25.8M+30.3%	$5M-87.6%	$7.4M+236%	$17.1M+69.3%	$19.8M+9.4%
Accumulated gross unrealized gain, current	$29.6M+17.9%	$54.3M+250%	$57.1M+3.6%	$38.9M+165%	$25.1M+53.0%
Accumulated gross unrealized loss, current	$72.4M-17.5%	$50.2M-60.2%	$62.1M-5.5%	$77M-40.2%	$87.8M-27.6%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Accumulated Loss	$74M-16.9%	$51.5M-59.7%	$63.1M-5.5%	$78.1M-40.0%	$89M-27.3%
Debt Securities, Available-for-Sale, Unrealized Loss Position, Number of Positions	——	——	——	——	——
Debt Securities, Available-for-Sale, Unrealized Loss Position	$2.97B+29.6%	$1.48B-41.2%	$1.56B+0.2%	$1.86B-18.5%	$2.29B+3.7%
Deferred compensation plan assets	$16.7M-1.2%	$18.4M+12.2%	$18M+10.4%	$17.6M+12.8%	$16.9M+6.3%
Deferred income taxes	$194.7M+32.4%	$187.3M+28.6%	$174.6M+26.9%	$149M+12.4%	$147.1M+10.8%
HSA deposits	$4.57B+26.4%	$4.2B+16.0%	$3.95B+12.2%	$3.95B+20.8%	$3.62B+10.7%
Equity Securities, FV-NI And Debt Securities, Available-For-Sale, Excluding Accrued Interest, Noncurrent	$92.8M+13.7%	$94.2M+17.0%	$81M+9.9%	$80.9M+23.1%	$81.6M+23.4%
Trading securities, cost	$87.2M+22.8%	$76.6M+17.7%	$76.2M+157%	$77.8M—	$71M—
Finite-Lived Intangible Assets, Accumulated Amortization	$1.78B+11.3%	$1.73B+11.5%	$1.68B+11.2%	$1.64B+12.3%	$1.59B+13.4%
HSA assets amount serving as custodian	——	——	——	——	——
HSA assets deposited and managed by third party depository partners	——	——	——	——	——
Interest Bearing Domestic Deposit Money Market	$689.5M+22.8%	$727.5M+37.2%	$687.6M+127%	$703.2M+159%	$561.6M+101%
Restricted cash payable	$605.6M-8.3%	$771.5M-7.8%	$667.4M-14.0%	$751M-31.4%	$660.1M-49.3%
Remaining performance obligations related to customer contracts that are unsatisfied or partially unsatisfied	——	——	——	——	——
Total RWA	$849.3M+17.5%	$813.1M+16.6%	$804.3M+12.7%	$796.5M+10.7%	$722.7M-0.9%
Tier One Leverage Capital Required To Be Well Capitalized To Average Assets	$0.050.0%	$0.050.0%	$0.050.0%	$0.050.0%	$0.050.0%
Tier One Risk Based Capital Required To Be Well Capitalized To Risk Weighted Assets	$0.080.0%	$0.080.0%	$0.080.0%	$0.080.0%	$0.080.0%
Treasury stock, shares (in shares)	$16.4M0.0%	$16.4M+45.1%	$16.4M+56.2%	$16.4M+86.4%	$16.4M+95.2%
Undistributed Earnings of Foreign Subsidiaries	$370.1M+10.1%	$351M+11.9%	$364.9M+30.9%	$352M+24.2%	$336M+31.4%
Interest-bearing checking and money market accounts	3.8%-0.7%	3.8%-0.8%	4.3%-0.8%	4.5%-1.0%	4.5%-1.0%
Weighted average cost of HSA deposits outstanding (as a percent)	0.1%—	0.1%—	0.1%—	——	——
Regulatory Capital Requirement	$493.4M+18.0%	$408.1M+12.3%	$427.5M+5.6%	$466.1M+14.6%	$418.3M+5.2%
Tier 1 Capital Adequacy Requirement	$370.1M+18.0%	$306.1M+12.3%	$320.6M+5.6%	$349.6M+14.6%	$313.7M+5.2%
Tier 1 Leverage Adequacy Requirement	$348.7M+18.2%	$338M+15.8%	$328.4M+15.5%	$325.4M+17.7%	$294.9M+9.2%
Tier 1 Leverage Well-Capitalized Requirement	$435.9M+18.3%	$422.5M+15.8%	$410.6M+15.6%	$406.7M+17.6%	$368.6M+9.2%
Tier 1 Well-Capitalized Requirement	$493.4M+18.0%	$408.1M+12.3%	$427.5M+5.6%	$466.1M+14.6%	$418.3M+5.2%
Weighted-Average Interest Rate on Time Deposits	$0.04+60.4%	$0.04+167%	$0.04+6.9%	$0.04+9.3%	$0.02-15.5%
Well-Capitalized Regulatory Requirement	$616.8M+18.0%	$510.1M+12.3%	$534.4M+5.6%	$582.6M+14.6%	$522.8M+5.2%

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Questions, answered.

Can WEX cover its short-term obligations?: Its current ratio is 1.05 — current assets exceed current liabilities.
Where does WEX's balance sheet data come from?: Every line is extracted from WEX's SEC filings (10-K and 10-Q) and tagged in XBRL. Switch between quarterly, annual, and trailing-twelve-month views, or open any line for its full history and peer comparisons.