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WEX WEX Benefits — Provision for Credit Losses
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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
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 |
|---|---|---|---|---|
| Less(1): | ||||
| Processing costs, adjusted | 71.0 | 65.2 | 16.8 | |
| Service fees | 1.8 | 20.5 | 1.5 | |
| Provision for credit losses, adjusted | 30.5 | 0.8 | (0.1) | |
| Operating interest expense | 25.3 | 1.4 | 5.9 | |
| Sales and marketing expense, adjusted | 68.0 | 16.4 | 21.9 | |
| General and administrative expense, adjusted | 26.6 | 7.4 | 11.5 | |
| Other segment items(2) | 16.5 | 10.8 | 9.2 |
Item 1. Financial Statements.
FAQ
- What is WEX's benefits — provision for credit losses?
- WEX (WEX) reported benefits — provision for credit losses of $800K in Q2 2026.
- How has WEX's benefits — provision for credit losses changed year-over-year?
- WEX's benefits — provision for credit losses increased by 500.0% year-over-year, from -$200K to $800K.
- What does benefits — provision for credit losses mean?
- This is the periodic expense charged to the income statement to maintain the allowance for credit losses at an appropriate level based on expected credit risks. It reflects the company's assessment of potential defaults or non-payment within the benefits segment's portfolio. Significant fluctuations in this provision can directly impact the segment's operating margins.
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