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WEX WEX Benefits — Other segment items

Other segment segments

Mobility
$16.5M+7.1%
Corporate Payments
$9.2M+2.2%

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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:SegmentReportingOtherItemAmount.

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)MobilityBenefitsCorporate PaymentsTotal
Processing costs, adjusted71.065.216.8
Service fees1.820.51.5
Provision for credit losses, adjusted30.50.8(0.1)
Operating interest expense25.31.45.9
Sales and marketing expense, adjusted68.016.421.9
General and administrative expense, adjusted26.67.411.5
Other segment items(2)16.510.89.2
Segment adjusted operating income (3)$182.7$83.5$58.5$324.6

Item 1. Financial Statements.

FAQ

What is WEX's benefits — other segment items?
WEX (WEX) reported benefits — other segment items of $10.8M in Q2 2026.
How has WEX's benefits — other segment items changed year-over-year?
WEX's benefits — other segment items increased by 17.4% year-over-year, from $9.2M to $10.8M.
What is the long-term trend for WEX's benefits — other segment items?
Over 2 years (2022 to 2024), WEX's benefits — other segment items has grown at a 15.9% compound annual growth rate (CAGR), from $28.2M to $37.9M.
What does benefits — other segment items mean?
Includes miscellaneous income or expense items specific to the Benefits segment that do not fall into standard operating categories. This metric is used to capture unique segment-level adjustments that impact overall segment performance.

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