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WEX WEX Benefits — Currency translation
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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept wex:AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation.
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
| (in millions) | Mobility | Benefits | Corporate Payments | Total |
|---|---|---|---|---|
| Balance, beginning of period | $63.6 | $1.3 | $22.9 | $87.8 |
| Provision for credit losses(1) | 32.3 | 0.8 | (0.1) | 33.0 |
| Other(2) | 3.9 | — | — | 3.9 |
| Charge-offs | (30.6) | (0.2) | (4.3) | (35.1) |
| Recoveries of amounts previously charged-off | 3.5 | — | 0.1 | 3.7 |
| Currency translation | (0.1) | — | — | (0.1) |
| Balance, end of period | $72.7 | $1.8 | $18.6 | $93.2 |
Item 1. Financial Statements.
FAQ
- What is WEX's benefits — currency translation?
- WEX (WEX) reported benefits — currency translation of $0 in Q2 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.
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