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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept wex:InterestExpenseOperatingCostOfRevenue.
The source filing: WEX’s 10-Q, filed July 23, 2026.
- Filed
- Jul 23, 2026, 1:48 PM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0001309108-26-000029
| Line item | Three Months Ended June 30, 2026 | Three Months Ended June 30, 2025 | Six Months Ended June 30, 2026 | Six Months Ended June 30, 2025 |
|---|---|---|---|---|
| Processing costs | 161.0 | 161.4 | 325.9 | 328.8 |
| Service fees | 23.8 | 23.3 | 48.0 | 48.9 |
| Provision for credit losses | 33.0 | 21.5 | 62.3 | 37.4 |
| Operating interest | 32.6 | 28.7 | 56.3 | 52.8 |
| Depreciation and amortization | 39.4 | 37.9 | 77.2 | 74.7 |
| Total cost of services | 289.7 | 272.7 | 569.8 | 542.6 |
| General and administrative | 104.3 | 86.3 | 191.7 | 160.0 |
| Sales and marketing | 112.7 | 97.7 | 217.2 | 188.6 |
Item 1. Financial Statements.
FAQ
- What is WEX's operating interest?
- WEX (WEX) reported operating interest of $32.6M in Q2 2026.
- How has WEX's operating interest changed year-over-year?
- WEX's operating interest increased by 13.6% year-over-year, from $28.7M to $32.6M.
- 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.
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