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WEX WEX Mobility — Accounts Receivable, Allowance for Credit Loss, Writeoff

Other segment segments

Corporate Payments
$5.4M+238%
Benefits
$100K

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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 us-gaap:AllowanceForDoubtfulAccountsReceivableWriteOffs.

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 mobility — accounts receivable, allowance for credit loss, writeoff?
WEX (WEX) reported mobility — accounts receivable, allowance for credit loss, writeoff of $27.3M in Q1 2026.
How has WEX's mobility — accounts receivable, allowance for credit loss, writeoff changed year-over-year?
WEX's mobility — accounts receivable, allowance for credit loss, writeoff increased by 13.8% year-over-year, from $24M to $27.3M.
What is the long-term trend for WEX's mobility — accounts receivable, allowance for credit loss, writeoff?
Over 2 years (2023 to 2025), WEX's mobility — accounts receivable, allowance for credit loss, writeoff has grown at a -21.9% compound annual growth rate (CAGR), from $155M to $94.5M.
What does mobility — accounts receivable, allowance for credit loss, writeoff mean?
The actual amount of receivables removed from the balance sheet because they are deemed uncollectible. High levels of write-offs may indicate deteriorating credit quality within the customer base.