WEX Inc. common stock (WEX) Q2 2026 Earnings Call

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WEBVTT 00:00:00.051 -- 00:00:05.314 Thank you for standing by and welcome to the WEX second quarter 2026 earnings 00:00:05.314 -- 00:00:10.457 call. All lines have been placed on mute to prevent any background noise. 00:00:10.457 -- 00:00:14.759 After the speaker's remarks, there will be a question and answer session. 00:00:14.759 -- 00:00:20.103 If you would like to ask a question during that time, simply press star, then the number 00:00:20.103 -- 00:00:22.524 one on your telephone keypad. 00:00:22.524 -- 00:00:29.042 I would now like to turn the call over to Pedro Alvarez, head of investor relations. 00:00:29.042 -- 00:00:30.763 Please go ahead. 00:00:30.763 -- 00:00:33.004 Thank you, operator, and good morning, everyone. 00:00:33.004 -- 00:00:38.106 With me today are Melissa Smith, our president and CEO, and Jagtar Narula, our 00:00:38.106 -- 00:00:43.208 CFO. The press release and supplemental materials issued yesterday and a slide 00:00:43.208 -- 00:00:47.049 deck to walk you through prepared remarks have been posted to the investor relations 00:00:47.049 -- 00:00:50.630 section of the website at wexinc.com. 00:00:50.830 -- 00:00:55.592 A copy of the press release and supplemental materials have been included in an 8K filed 00:00:55.592 -- 00:01:00.634 with the SEC yesterday afternoon. Before we begin, unless otherwise noted, 00:01:00.634 -- 00:01:05.578 all comparisons discussed during today's call are on a year-over-year basis. 00:01:05.578 -- 00:01:11.122 As a reminder, we will be discussing non-GAAP metrics, specifically adjusted net income, 00:01:11.122 -- 00:01:16.306 which we sometimes refer to as ANI, adjusted net income per diluted share, 00:01:16.306 -- 00:01:21.230 adjusted operating income and related margin, as well as adjusted free cash flow durin...