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WEX WEX Benefits — Goodwill, Impaired, Accumulated Impairment Loss

Other segment segments

Mobility
$190.7M0.0%
Corporate Payments
$9.9M0.0%

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Other financials

Income statement

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Revenue$753.5M+14.2%
Gross profit$463.8M+19.9%
Operating income$203.2M+29.6%
Net income$108.5M+59.3%
EPS (diluted)$3.11+57.1%

Balance sheet

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Cash & equivalents$1.8B+15.8%
Total debt$5.4B-1.6%
Total equity$1.3B+37.4%
Total assets$16.5B+12.4%

Cash flow

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Operating cash flow-$77.6M-129%
CapEx$43.5M+25.7%
Free cash flow-$121.1M-153%

Valuation

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Market cap$6.46B+9.6%
Enterprise value$10.04B+2.5%
P/E18.4×-0.8×
P/S2.3×0.0×

Profitability

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Gross margin59.6%0.0pp
Operating margin25.5%-0.2pp
Net margin12.6%+0.8pp
FCF margin3.9%-7.0pp

Returns & leverage

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Return on equity30.2%+8.0pp
Debt / equity-1.6×
Current ratio0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept us-gaap:GoodwillImpairedAccumulatedImpairmentLoss.

The source filing: WEX’s 10-K, filed February 13, 2026.

Filed
Feb 13, 2026, 2:14 PM EST
Fiscal year
FY2025
Accession
0001309108-26-000010
(in millions)MobilityCorporate PaymentsBenefitsTotal
Balance as of January 1, 2025
Gross goodwill$1,545.2$775.4$863.4$3,184.0
Accumulated impairment losses(190.7)(9.9)(200.6)
Net goodwill$1,354.5$765.5$863.4$2,983.4
Measurement period adjustments
Foreign currency translation6.825.131.9
Balance at December 31, 2025
Gross goodwill$1,552.0$800.5$863.4$3,215.9

ITEM 8. FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA

FAQ

What is WEX's benefits — goodwill, impaired, accumulated impairment loss?
WEX (WEX) reported benefits — goodwill, impaired, accumulated impairment loss of $0 in Q4 2025.
What does benefits — goodwill, impaired, accumulated impairment loss mean?
The cumulative total of impairment losses recognized against goodwill associated with the Benefits segment. This metric reflects the historical reduction in the carrying value of intangible assets due to declines in the segment's fair value below its book value.

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