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WEX WEX Benefits — Accounts Receivable, Allowance for Credit Loss, Writeoff

Other segment segments

Mobility
$27.3M+13.8%
Corporate Payments
$5.4M+238%

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$2.4M-40.8%
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$145K+79.0%
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GATXAccounts Receivable, Allowance for Credit Loss, Writeoff
$100K-78.9%
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CDNSAccounts Receivable, Allowance for Credit Loss, Writeoff
$687.25K+234%
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FCNAccounts Receivable, Allowance for Credit Loss, Writeoff
$6.3M-39.5%
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CHDNAccounts Receivable, Allowance for Credit Loss, Writeoff
$625K-10.7%

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 us-gaap:AllowanceForDoubtfulAccountsReceivableWriteOffs.

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 benefits — accounts receivable, allowance for credit loss, writeoff?
WEX (WEX) reported benefits — accounts receivable, allowance for credit loss, writeoff of $100K in Q1 2026.
What is the long-term trend for WEX's benefits — accounts receivable, allowance for credit loss, writeoff?
Over 2 years (2023 to 2025), WEX's benefits — accounts receivable, allowance for credit loss, writeoff has grown at a 648.3% compound annual growth rate (CAGR), from $100K to $5.6M.
What does benefits — accounts receivable, allowance for credit loss, writeoff mean?
This represents the actual amount of accounts receivable that has been removed from the books because it is deemed uncollectible. It reflects the realized credit losses within the benefits segment during a specific period. High write-offs relative to the total portfolio may indicate weaknesses in credit underwriting or customer payment behavior.