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WEX WEX Corporate Payments — Processing costs, adjusted
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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept wex:DirectOperatingCostsAdjusted.
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 |
|---|---|---|---|---|
| Other revenue | 56.2 | 69.0 | 4.1 | 129.4 |
| 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 |
Item 1. Financial Statements.
FAQ
- What is WEX's corporate payments — processing costs, adjusted?
- WEX (WEX) reported corporate payments — processing costs, adjusted of $16.8M in Q2 2026.
- How has WEX's corporate payments — processing costs, adjusted changed year-over-year?
- WEX's corporate payments — processing costs, adjusted decreased by 7.7% year-over-year, from $18.2M to $16.8M.
- What is the long-term trend for WEX's corporate payments — processing costs, adjusted?
- Over 3 years (2022 to 2025), WEX's corporate payments — processing costs, adjusted has grown at a 3.3% compound annual growth rate (CAGR), from $63.5M to $70M.
- What does corporate payments — processing costs, adjusted mean?
- Includes the direct costs associated with operating the payment processing platform, excluding non-recurring or non-cash items. This is a key efficiency metric that highlights the scalability of the segment's technology infrastructure.
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