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WEX WEX Corporate Payments — Operating interest

Other segment segments

Mobility
$25.3M+14.0%
Benefits
$1.4M+7.7%

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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 wex:InterestExpenseOperatingCostOfRevenue.

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 corporate payments — operating interest?
WEX (WEX) reported corporate payments — operating interest of $5.9M in Q2 2026.
How has WEX's corporate payments — operating interest changed year-over-year?
WEX's corporate payments — operating interest increased by 13.5% year-over-year, from $5.2M to $5.9M.
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.

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