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WEX WEX Mobility — Provision for Credit Losses
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Where this comes from
Reported directly by WEX in its filing.
Tagged under the XBRL concept us-gaap:ProvisionForOtherCreditLosses.
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 |
|---|---|---|---|---|
| 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 | |
| General and administrative expense, adjusted | 26.6 | 7.4 | 11.5 | |
| Other segment items(2) | 16.5 | 10.8 | 9.2 |
Item 1. Financial Statements.
FAQ
- What is WEX's mobility — provision for credit losses?
- WEX (WEX) reported mobility — provision for credit losses of $30.5M in Q2 2026.
- How has WEX's mobility — provision for credit losses changed year-over-year?
- WEX's mobility — provision for credit losses increased by 98.1% year-over-year, from $15.4M to $30.5M.
- What is the long-term trend for WEX's mobility — provision for credit losses?
- Over 3 years (2022 to 2025), WEX's mobility — provision for credit losses has grown at a -28.4% compound annual growth rate (CAGR), from $172.7M to $63.4M.
- What does mobility — provision for credit losses mean?
- The periodic expense recognized in the income statement to adjust the allowance for credit losses based on expected default rates. It reflects the company's assessment of potential future losses on credit extended to fleet customers.
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