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WEX WEX Corporate Payments — Operating interest

Other segment segments

Mobility
$18.7M0.0%
Benefits
$1.4M+16.7%

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EFCCorporate Segment and Other Operating Segment — Interest Expense, Operating and Nonoperating
$11.39M+154%
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ASBCommunity, Consumer and Business — Interest Income (Expense), Operating
$68.44M+9.5%

Other financials

Income statement

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Revenue$673.8M+5.8%
Gross profit$393.7M+7.4%
Operating income$158.2M+0.6%
Net income$77.7M+8.7%
EPS (diluted)$2.22+22.7%

Balance sheet

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Cash & equivalents$1.2B-2.9%
Total debt$5.2B-6.2%
Total equity$1.3B+57.3%
Total assets$15.4B+10.5%

Cash flow

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Operating cash flow-$330.8M+31.3%
CapEx$37.5M+15.0%
Free cash flow-$368.3M+28.4%

Valuation

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Market cap$4.42B-13.8%

Profitability

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Gross margin58.8%-1.3pp
Operating margin24.6%-1.4pp
Net margin11.5%-0.6pp
FCF margin17%+16.8pp

Returns & leverage

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Return on equity29.8%+5.4pp
Debt / equity4.1×-2.8×
Current ratio0.0×

Where this comes from

Reported directly by WEX in its filing.

Tagged under the XBRL concept wex:InterestExpenseOperatingCostOfRevenue.

The official record: WEX’s 10-Q, filed April 23, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is WEX's corporate payments — operating interest?
WEX (WEX) reported corporate payments — operating interest of $3.6M in Q1 2026.
How has WEX's corporate payments — operating interest changed year-over-year?
WEX's corporate payments — operating interest decreased by 14.3% year-over-year, from $4.2M to $3.6M.
What is the long-term trend for WEX's corporate payments — operating interest?
Over 3 years (2021 to 2025), WEX's corporate payments — operating interest has grown at a 104.6% compound annual growth rate (CAGR), from $2.3M to $19.7M.
What does corporate payments — operating interest mean?
Represents the interest expense directly attributable to the financing of operations within the corporate payments business segment. This metric reflects the cost of capital required to support transaction processing and working capital needs for business-to-business payment services.