Wise Reports 19% Revenue Growth to $2.5B, 21% Customer Increase for FY26
WSE is trading near its 52-week low of $10.36 (12% above the low).
Summary
Wise reported strong full-year FY26 results, with net revenue increasing 19% to $2.5 billion and active customers growing 21% to 19 million. Cross-border volumes also rose 31% to $243.5 billion. While income before tax declined to $660.4 million, the company issued positive FY27 guidance, projecting net revenue growth of 15-20% and an income before tax margin at the top of its 20-25% range. This news provides detailed figures following the company's 6-K and 20-F filings yesterday, which broadly announced strong results and positive guidance.
At the time of this announcement, WSE was trading at $11.62 on NASDAQ in the Finance sector, with a market capitalization of approximately $13.3B. The 52-week trading range was $10.36 to $17.47. This news item was assessed with positive market sentiment and an importance score of 7 out of 10. Source: ShareCast.