Quarterly ResultJun 25, 2026, 04:03 PM
Wise FY26 Revenue $2.5B, Income $660.4M; Announces $500M+ Buyback
AI Summary
Wise Group plc reported strong FY26 results with net revenue of $2.5 billion (+19% YoY) and income before tax of $660.4 million (26% margin). Active customers grew 21% to 19 million, and cross-border volume increased 31% to $243 billion. The company also announced a new share purchase program of over $500 million, with 40% allocated to the Employee Share Trust, and reiterated its medium-term targets and FY27 guidance.
Key Highlights
- FY26 Net revenue reached $2.5 billion, a 19% increase year-over-year.
- Income before tax was $660.4 million, reflecting a 26% margin.
- Active customers grew 21% to 19 million, driving a 31% increase in cross-border volume to $243 billion.
- Customer holdings increased 40% to $39 billion; card spend grew 37% to $44 billion.
- Announced a new share purchase program of over $500 million.
- Reiterated medium-term target of 15-20% net revenue CAGR.
- FY27 net revenue growth expected around the middle of 15-20% range.
- FY27 income before tax margin expected around the top of 20-25% range.
Price Impact
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