WEX Inc. common stock (WEX) Q1 2026 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.317 Thank you for standing by and welcome to the WEX first quarter 2026 earnings conference 00:00:05.317 -- 00:00:09.302 call. All lines have been placed on mute to prevent any background noise. 00:00:09.302 -- 00:00:12.646 After the speaker's remarks, there will be a question and answer session. 00:00:12.646 -- 00:00:15.910 If you would like to ask a question during this time, simply press star followed by the 00:00:15.910 -- 00:00:20.015 number one on your telephone keypad. If you would like to withdraw your question, again, 00:00:20.015 -- 00:00:24.981 press star one. Thank you. I'd now like to turn the call over to Steve Elder, Senior 00:00:24.981 -- 00:00:29.464 Vice President of Investor Relations. You may begin. 00:00:30.052 -- 00:00:32.154 Thank you, operator, and good morning, everyone. 00:00:32.154 -- 00:00:37.899 With me today are Melissa Smith, our chair and CEO, and Jagtar Narula, our CFO. 00:00:37.899 -- 00:00:42.263 The press release and supplemental materials issued yesterday and a slide deck to walk 00:00:42.263 -- 00:00:46.887 through prepared remarks have been posted to the Investor Relations section of the website 00:00:46.887 -- 00:00:48.969 at wexinc.com. 00:00:48.969 -- 00:00:53.212 A copy of the press release and supplemental materials have been included in an 8-K filed 00:00:53.212 -- 00:00:56.655 with the SEC yesterday afternoon. 00:00:56.655 -- 00:01:02.381 As a reminder, we will be discussing non-GAAP metrics, specifically adjusted net income, 00:01:02.381 -- 00:01:05.546 which we sometimes refer to as ANI, 00:01:05.546 -- 00:01:11.174 adjusted net income per diluted share, adjusted operating income and related margin, 00:01:11.174 -- 00:01:14.198 as well as adjusted free cash flow during our call. 00:01:14....