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WEX WEX Benefits — Depreciation
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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept us-gaap:Depreciation.
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) / June 30, 2026: | Three Months Ended / Mobility | Three Months Ended / Benefits | Three Months Ended / Corporate Payments | Six Months Ended / Mobility | Six Months Ended / Benefits | Six Months Ended / Corporate Payments |
|---|---|---|---|---|---|---|
| Interest income(1) | $5.8 | $58.5 | $3.0 | $10.8 | $114.4 | $5.7 |
| Operating interest expense | $25.3 | $1.4 | $5.9 | $43.9 | $2.8 | $9.6 |
| Depreciation(2) | $16.5 | $10.8 | $9.2 | $32.0 | $21.2 | $18.0 |
| June 30, 2025: | ||||||
| Interest income(1) | $4.9 | $48.2 | $3.7 | $8.0 | $92.9 | $6.8 |
| Operating interest expense | $22.2 | $1.3 | $5.2 | $40.8 | $2.5 | $9.5 |
| Depreciation(2) | $15.4 | $9.2 | $9.0 | $30.3 | $18.1 | $17.7 |
Item 1. Financial Statements.
FAQ
- What is WEX's benefits — depreciation?
- WEX (WEX) reported benefits — depreciation of $10.8M in Q2 2026.
- How has WEX's benefits — depreciation changed year-over-year?
- WEX's benefits — depreciation increased by 17.4% year-over-year, from $9.2M to $10.8M.
- What is the long-term trend for WEX's benefits — depreciation?
- Over 4 years (2021 to 2025), WEX's benefits — depreciation has grown at a 10.7% compound annual growth rate (CAGR), from $25.1M to $37.7M.
- What does benefits — depreciation mean?
- The systematic allocation of the cost of tangible assets used by the Benefits segment over their useful lives. This non-cash expense reflects the ongoing capital intensity required to maintain the segment's service infrastructure.
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