What is WEX's benefits — currency translation?

WEX (WEX) reported benefits — currency translation of $0 in Q1 2026.

What does benefits — currency translation mean?

This metric measures the impact of fluctuations in foreign exchange rates on the financial results of the benefits segment. It captures the gains or losses resulting from converting foreign-denominated transactions into the reporting currency. It is essential for isolating operational performance from macroeconomic currency volatility.

WEX WEX Benefits — Currency translation

Similar metrics at other companies

ONDSForeign currency translation gains (losses)

-$300K-405%

SRRKForeign currency translation gains (losses)

$667K+133,500%

SKYForeign currency translation

$2.51M+133%

MRCYForeign currency translation gains (losses)

$7.24M+2,927%

AWIForeign currency translation gains (losses)

-$700K-333%

XMTRForeign currency translation gains (losses)

-$690K-145%

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 ratio1×0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept wex:AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation.

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 — currency translation?: WEX (WEX) reported benefits — currency translation of $0 in Q1 2026.
What does benefits — currency translation mean?: This metric measures the impact of fluctuations in foreign exchange rates on the financial results of the benefits segment. It captures the gains or losses resulting from converting foreign-denominated transactions into the reporting currency. It is essential for isolating operational performance from macroeconomic currency volatility.