Quarterly ResultJun 25, 2026, 04:13 PM
Wise Group FY26 Net Revenue $2.5B (+19%); Income Before Tax $660.4M
AI Summary
Wise Group plc reported strong Full Year 2026 financial results, with net revenue increasing 19% to $2.5 billion and income before tax reaching $660.4 million, exceeding its guided margin range. The company saw significant growth in active customers, cross-border volume, customer holdings, and card spend, driven by strategic investments in new licenses, direct connections, and product features. Wise also announced a new share purchase program of over $500 million and provided positive guidance for FY2027.
Key Highlights
- FY26 Net revenue increased 19% to $2.5 billion, at the top end of the 15-20% target.
- Income before tax was $660.4 million, with a 26% margin, above the 20-25% guided range.
- Active customers grew 21% to 19 million, driving a 31% increase in cross-border volume to $243 billion.
- Customer holdings rose 40% to $39 billion, and card spend increased 37% to $44 billion.
- Launched two new direct connections in Brazil and Japan, and gained licenses in South Africa, UAE, and Thailand.
- Announced a new share purchase program of over $500 million for FY27.
- Provided FY27 guidance for net revenue growth around the middle of 15-20% target.
- Projected FY27 income before tax margin around the top of the 20-25% range.
Price Impact
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