Wise Group Q1 FY27: Revenue Climbs 25% to $714M, Volume Up 26%, Guidance Reaffirmed
WSE sits 25% above its 52-week low of $10.36.
Summary
Wise Group reported Q1 FY27 net revenue of $714 million, up 25% YoY, with cross-border volume rising 26% to $69.3 billion. Active customers grew 21% to 11.9 million. Full-year guidance was reiterated.
Key Events · Earnings and Guidance · WSE
-
Q1 Revenue Beats Expectations
Net revenue reached $714.0 million, a 25% increase year-over-year, driven by strong transaction and interest income growth.
-
Cross-Border Volume Surges 26%
Quarterly cross-border volume hit $69.3 billion, with personal volume up 21% and business volume up 39% year-over-year.
-
Active Customers Grow 21% to 11.9M
Active customers reached 11.9 million, with personal customers up 21% and business customers up 28% compared to Q1 FY26.
-
Customer Holdings Rise 31% to $41.2B
Customer holdings increased to $41.2 billion, reflecting growing trust and usage of Wise for everyday financial needs.
Analysis · WSE · Trade & Services
A strong quarter saw net revenue jump 25% year-over-year to $714 million, fueled by a 26% surge in cross-border volume to $69.3 billion and a 21% expansion in active customers to 11.9 million. The take rate edged down to 50 basis points as the company invested in lower pricing to widen its competitive moat. Management reiterated full-year guidance, targeting net revenue growth around the middle of its 15-20% medium-term range and an income before tax margin near the top of 20-25%. While the results reinforce the growth narrative, the ongoing Belgian criminal investigation remains a significant overhang that could overshadow operational momentum.
At the time of this filing, WSE was trading at $12.92 on NASDAQ in the Trade & Services sector, with a market capitalization of approximately $15.6B. The 52-week trading range was $10.36 to $17.47. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.