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WEX WEX Operating interest

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Segments

By segment

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Mobility$18.7M0.0%
Corporate Payments$3.6M-14.3%
Benefits$1.4M+16.7%

Other financials

Income statement

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Revenue$673.8M+5.8%
Gross profit$393.7M+7.4%
Operating income$158.2M+0.6%
Net income$77.7M+8.7%
EPS (diluted)$2.22+22.7%

Balance sheet

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Cash & equivalents$1.2B-2.9%
Total debt$5.2B-6.2%
Total equity$1.3B+57.3%
Total assets$15.4B+10.5%

Cash flow

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Operating cash flow-$330.8M+31.3%
CapEx$37.5M+15.0%
Free cash flow-$368.3M+28.4%

Valuation

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Market cap$4.42B-13.8%

Profitability

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Gross margin58.8%-1.3pp
Operating margin24.6%-1.4pp
Net margin11.5%-0.6pp
FCF margin17%+16.8pp

Returns & leverage

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Return on equity29.8%+5.4pp
Debt / equity4.1×-2.8×
Current ratio0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept wex:InterestExpenseOperatingCostOfRevenue.

The official record: WEX’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEX's operating interest?
WEX (WEX) reported operating interest of $23.7M in Q1 2026.
How has WEX's operating interest changed year-over-year?
WEX's operating interest decreased by 1.7% year-over-year, from $24.1M to $23.7M.
What is the long-term trend for WEX's operating interest?
Over 3 years (2022 to 2025), WEX's operating interest has grown at a 74.3% compound annual growth rate (CAGR), from $20.6M to $109M.
What does operating interest mean?
This represents interest costs directly attributable to the financing of operational activities, such as working capital requirements for payment processing. Unlike general corporate debt, this interest is tied to the day-to-day delivery of services. It is a key metric for understanding the cost of funding the company's operational cash cycle.