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WEX WEX Financing Interest Expense, Net Of Financial Instruments

Financing Interest Expense, Net Of Financial Instruments at other companies

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$58.8M-2.0%
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$25.58M+52.4%

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%
Enterprise value$8.42B-11.1%
P/E14.2×-2.0×
P/S1.6×-0.3×

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:FinancingInterestExpenseNetOfFinancialInstruments.

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 financing interest expense, net of financial instruments?
WEX (WEX) reported financing interest expense, net of financial instruments of $53.6M in Q1 2026.
How has WEX's financing interest expense, net of financial instruments changed year-over-year?
WEX's financing interest expense, net of financial instruments increased by 1.1% year-over-year, from $53M to $53.6M.
What is the long-term trend for WEX's financing interest expense, net of financial instruments?
Over 4 years (2021 to 2025), WEX's financing interest expense, net of financial instruments has grown at a 28.2% compound annual growth rate (CAGR), from $89.2M to $240.6M.
What does financing interest expense, net of financial instruments mean?
This represents the net cost of servicing corporate debt and other financial obligations, adjusted for the impact of hedging or financial derivatives. It measures the company's overall cost of capital and its ability to manage interest rate exposure. This is a primary indicator of the company's leverage profile and financial health.