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WEX WEX Corporate Payments — Currency translation
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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept wex:AccountsReceivableAllowanceForCreditLossForeignCurrencyTranslation.
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 |
|---|---|---|---|---|
| Balance, beginning of period | $63.6 | $1.3 | $22.9 | $87.8 |
| Provision for credit losses(1) | 32.3 | 0.8 | (0.1) | 33.0 |
| Other(2) | 3.9 | — | — | 3.9 |
| Charge-offs | (30.6) | (0.2) | (4.3) | (35.1) |
| Recoveries of amounts previously charged-off | 3.5 | — | 0.1 | 3.7 |
| Currency translation | (0.1) | — | — | (0.1) |
| Balance, end of period | $72.7 | $1.8 | $18.6 | $93.2 |
Item 1. Financial Statements.
FAQ
- What is WEX's corporate payments — currency translation?
- WEX (WEX) reported corporate payments — currency translation of $0 in Q2 2026.
- How has WEX's corporate payments — currency translation changed year-over-year?
- WEX's corporate payments — currency translation decreased by 100.0% year-over-year, from $700K to $0.
- What is the long-term trend for WEX's corporate payments — currency translation?
- Over 2 years (2023 to 2025), WEX's corporate payments — currency translation has grown at a 112.1% compound annual growth rate (CAGR), from $200K to $900K.
- What does corporate payments — currency translation mean?
- The impact of fluctuations in foreign exchange rates on the segment's financial results when converting international operations into the reporting currency. This helps investors isolate operational performance from macroeconomic currency volatility.
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