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WEX WEX Benefits — Service fees
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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept wex:ServiceFees.
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 |
|---|---|---|---|---|
| Total revenues (revenues from external customers) | $422.4 | $206.0 | $125.1 | $753.5 |
| 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 |
Item 1. Financial Statements.
FAQ
- What is WEX's benefits — service fees?
- WEX (WEX) reported benefits — service fees of $20.5M in Q2 2026.
- How has WEX's benefits — service fees changed year-over-year?
- WEX's benefits — service fees increased by 8.5% year-over-year, from $18.9M to $20.5M.
- What is the long-term trend for WEX's benefits — service fees?
- Over 3 years (2022 to 2025), WEX's benefits — service fees has grown at a 21.2% compound annual growth rate (CAGR), from $43.6M to $77.7M.
- What does benefits — service fees mean?
- This metric represents the revenue generated from charging clients for specific administrative or value-added services within the benefits segment. It reflects the company's ability to monetize its platform beyond basic transaction processing. Growth in service fees is often a key driver of recurring revenue and long-term segment profitability.
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