WEX WEX Allowance for credit losses
Allowance for credit losses at other companies
Other financials
Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
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 allowance for credit losses?
- WEX (WEX) reported allowance for credit losses of $29.3M in Q1 2026.
- How has WEX's allowance for credit losses changed year-over-year?
- WEX's allowance for credit losses increased by 84.3% year-over-year, from $15.9M to $29.3M.
- What is the long-term trend for WEX's allowance for credit losses?
- Over 4 years (2021 to 2025), WEX's allowance for credit losses has grown at a 14.8% compound annual growth rate (CAGR), from $45.1M to $78.3M.
- What does allowance for credit losses mean?
- This represents the non-cash expense recognized to account for expected losses on receivables or loans. It reflects management's assessment of credit risk within the company's portfolio and impacts the net carrying value of assets. Higher provisions indicate a deterioration in credit quality or an expansion of higher-risk lending activities.