Wise (WISE) Q4 2026 TU earnings summary

Executive summary

• Quarterly cross-border volume rose 26% year-over-year to £49.4bn, with 11.3m active customers, up 22% YoY.

• Customer holdings increased 37% YoY to £29.4bn, and card/other revenue grew 29% YoY.

• Wise Business active customers grew 26% YoY to 572,000, with business volumes up 35% YoY.

• Dual Listing on Nasdaq expected to complete this quarter, with results to be presented in USD and US GAAP.

Financial highlights

• Underlying income for Q4 FY26 was £435.3m, up 24% YoY on both reported and constant currency bases.

• FY26 cross-border volume increased 25% YoY to £181.7bn; underlying income for the year grew 18% to £1,609.2bn reported, 19% constant currency.

• Cross-border take rate declined 2bps YoY to 0.51%.

• Instant transfers reached 75% of transactions, up 10 percentage points YoY.

Outlook and guidance

• FY26 underlying PBT margin expected towards the top of the 13-16% range, including Dual Listing costs.

• Strategic focus remains on long-term growth and building a global money network.