)
Edge28 Nov 2025
Keeping the Streak Alive: The Story of Duolingo
How Duolingo made language learning addictive, scaled to millions of users, and built a powerful subscription business around everyday practice.
Wise (WISE) investor relations material
Wise H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H1 2026 earnings summary6 Nov, 2025
Executive summary
Active customers grew 18% year-over-year to 13.4 million in H1 FY26, with cross-border volume up 24% to £84.9bn and customer holdings exceeding £25bn, reflecting increased trust and engagement.
Strategic investments in infrastructure, product, and marketing have driven customer acquisition, deeper usage, and platform expansion.
Wise Platform partnerships expanded, now representing 5% of cross-border volume, with momentum from new and existing partners.
Non-cross-border revenue now represents 41% of total underlying income, reflecting successful diversification.
Continued regulatory expansion, including new direct payment integrations in Brazil and Japan and regulatory approval in the UAE.
Financial highlights
Underlying income grew 13% year-over-year to £750m, with revenue up 11% to £658m.
Underlying profit before tax margin reached 16.3%, at the top of the 13%-16% target range.
Cross-border take rate decreased by 10bps to 0.52%, while cross-border revenue increased 5% year-over-year.
Card spend exceeded £15bn, generating £132m in revenue, up 28% year-over-year.
Interest income on customer balances grew 42% to £297.4m, with an average yield of 3.02%.
Outlook and guidance
Full-year 2026 underlying income growth expected within 15%-20% midterm range on a constant currency basis.
Underlying profit before tax margin expected around 16% for 2026, excluding a £35m one-off listing expense.
Administrative expenses for FY26 expected to be ~£1bn, including dual-listing costs.
Dual US/UK listing on track for Q2 2026.
Continued disciplined investment in growth, with a focus on maintaining strong cash and capital resilience.
Detail the PBT margin trajectory and drivers
Explain the cross-border take rate strategy
Outline Wise Platform's volume contribution targets
Detail Wise Platform's path to 10% volume share
Describe Wise's long-term stablecoin strategy
Assess investment payback periods beyond marketing
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Wise earnings date
Q3 2026 TU20 Jan, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Transferring Money in a Wise Way
Wise PLC, previously known as TransferWise, is a financial technology firm based in London, UK. Established in 2011, the company set out to reshape international money transfers by offering an alternative to traditional banking systems. Through its platform, Wise provides transparent exchange rates and seeks to eliminate hidden fees, aiming to make cross-border transactions more straightforward and cost-effective. Over the years, the company's offerings have grown beyond just money transfers to encompass multi-currency accounts, debit cards, and business banking services.
Making International Payments Simple
Wise, began its journey with the aim to simplify and reduce costs associated with international money transfers. The founders, motivated by their personal experiences with costly and opaque cross-border transactions, launched a platform that utilized real exchange rates that was simple to use. Their model quickly garnered attention for its transparency and efficiency. As the company grew, it not only expanded its global reach but also introduced new services like multi-currency accounts and debit cards.
The Services
The company offers a modern solution to traditional cross-border financial transactions. Their main service revolves around facilitating international money transfers at real exchange rates, effectively eliminating the hidden fees common with many banks. Users can send, spend, and receive money in multiple currencies, providing a seamless experience for those managing finances across borders. Additionally, Wise offers a multi-currency account, allowing customers to hold and convert over 50 currencies. This account comes with a debit card that can be used globally, ensuring currency conversion is at the real rate without markup. Through these offerings, Wise provides a transparent, efficient, and more affordable alternative for consumers whose lifestyles or personal circumstances demand a convenient way of transferring money internationally. Some examples of publicly traded companies that compete with Wise by offering a similar service are Western Union, MoneyGram, and PayPal.
A Global Platform
Operating in over 70 countries, the platform Wise provides handles transactions in a myriad of currencies, ensuring that users worldwide can execute cross-border transfers with ease. Their vast network is backed by a digital infrastructure that streamlines transfers and reduces costs. Through partnerships and integrations, Wise has made its mark not only with individual consumers but also with businesses seeking efficient international payment solutions.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage