The Western Union Company (WU) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Cost of Goods Sold | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| COGS % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Gross Profit | 327.8M | 276.6M | 389.4M | 383.3M | 364.4M | 396.5M | 382.4M | 402.5M | 407.8M | 396.2M | 410.6M | 471.1M | 407.4M | 410.9M | 452.3M | 485.3M | 500.6M | 569.5M | 566.2M | 534.7M |
| Gross Margin % | 33.36% | 27.5% | 37.71% | 37.35% | 37.05% | 37.47% | 36.91% | 37.74% | 38.87% | 37.65% | 37.4% | 40.27% | 39.29% | 37.63% | 41.51% | 42.63% | 43.32% | 44.33% | 44.02% | 41.46% |
| Gross Profit Growth % | -10.04% | -30.24% | 1.83% | -4.77% | -10.64% | 0.08% | -6.87% | -14.56% | 0.1% | -3.58% | -9.22% | -2.93% | -18.62% | -27.85% | -20.12% | -9.24% | -0.67% | 11.1% | 5.48% | 18.17% |
| Operating Expenses | 204.8M | 79.9M | 187.5M | 190.6M | 187M | 218.4M | 217.5M | 211.8M | 215.7M | 236.9M | 199.7M | 228.5M | 202.7M | 259.3M | 220.5M | 221.3M | 263.1M | 252.7M | 247.6M | 279.8M |
| OpEx % of Revenue | 20.84% | 7.94% | 18.16% | 18.58% | 19.01% | 20.64% | 20.99% | 19.86% | 20.56% | 22.51% | 18.19% | 19.53% | 19.55% | 23.75% | 20.24% | 19.44% | 22.77% | 19.67% | 19.25% | 21.7% |
| Selling, General & Admin | 204.8M | 177.7M | 187.5M | 190.6M | 187M | 218.4M | 217.5M | 211.8M | 215.7M | 236.9M | 199.7M | 228.5M | 202.7M | 259.3M | 220.5M | 221.3M | 263.1M | 252.7M | 247.6M | 279.8M |
| SG&A % of Revenue | 20.84% | 17.66% | 18.16% | 18.58% | 19.01% | 20.64% | 20.99% | 19.86% | 20.56% | 22.51% | 18.19% | 19.53% | 19.55% | 23.75% | 20.24% | 19.44% | 22.77% | 19.67% | 19.25% | 21.7% |
| Research & Development | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Operating Income | 123M | 196.7M | 201.9M | 192.7M | 177.4M | 178.1M | 164.9M | 190.7M | 192.1M | 159.3M | 210.9M | 242.6M | 204.7M | 151.6M | 231.8M | 264M | 237.5M | 316.8M | 318.6M | 254.9M |
| Operating Margin % | 12.52% | 19.55% | 19.55% | 18.78% | 18.04% | 16.83% | 15.92% | 17.88% | 18.31% | 15.14% | 19.21% | 20.73% | 19.74% | 13.88% | 21.27% | 23.19% | 20.55% | 24.66% | 24.77% | 19.76% |
| Operating Income Growth % | -30.67% | 10.44% | 22.44% | 1.05% | -7.65% | 11.8% | -21.81% | -21.39% | -6.16% | 5.08% | -9.02% | -8.11% | -13.81% | -52.15% | -27.24% | 3.57% | 2.02% | 39.5% | 11.71% | 14.92% |
| EBITDA | 123M | 238.7M | 243.2M | 232.9M | 219.3M | 221.5M | 207.9M | 236.8M | 238.7M | 204.4M | 256.9M | 288.5M | 251.3M | 197.9M | 276.6M | 309.9M | 284.3M | 364.7M | 369.9M | 310.5M |
| EBITDA Margin % | 12.52% | 23.73% | 23.55% | 22.7% | 22.3% | 20.93% | 20.07% | 22.21% | 22.75% | 19.42% | 23.4% | 24.66% | 24.24% | 18.12% | 25.39% | 27.22% | 24.6% | 28.39% | 28.76% | 24.08% |
| EBITDA Growth % | -43.91% | 7.77% | 16.98% | -1.65% | -8.13% | 8.37% | -19.07% | -17.92% | -5.01% | 3.28% | -7.12% | -6.91% | -11.61% | -45.74% | -25.22% | -0.19% | -0.66% | 28.78% | 8.99% | 11.33% |
| D&A (Non-Cash Add-back) | 0 | 42M | 41.3M | 40.2M | 41.9M | 43.4M | 43M | 46.1M | 46.6M | 45.1M | 46M | 45.9M | 46.6M | 46.3M | 44.8M | 45.9M | 46.8M | 47.9M | 51.3M | 55.6M |
| EBIT | 0 | 188M | 201.9M | 196.4M | 179.9M | 178.1M | 167.9M | 196.3M | 196.1M | 170.4M | 231.3M | 243.4M | 206M | 242.7M | 218.9M | 261M | 387M | 206.7M | 317.2M | 285.7M |
| Net Interest Income | 0 | -99.7M | -173.2M | -34.9M | -30.9M | -28.1M | -29.4M | -27.4M | -23M | -21.7M | -23.4M | -22.8M | -21.8M | -19.6M | -20.3M | -23M | -24.2M | -25.5M | -25.3M | -25.3M |
| Interest Income | 2M | 2M | 2.4M | 1.8M | 1.7M | 2.3M | 2.8M | 3.7M | 3.1M | 4.6M | 3.6M | 4.2M | 3.2M | 6.6M | 4.9M | 1.8M | 600K | 300K | 400K | 300K |
| Interest Expense | -36.2M | 101.7M | 175.6M | 36.7M | 32.6M | 30.4M | 32.2M | 31.1M | 26.1M | 26.3M | 27M | 27M | 25M | 26.2M | 25.2M | 24.8M | 24.8M | 25.8M | 25.7M | 25.6M |
| Other Income/Expense | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Pretax Income | 90.1M | 151.1M | 167.6M | 159.7M | 147.3M | 147.7M | 135.7M | 165.2M | 170M | 144.1M | 204.3M | 216.4M | 181M | 216.5M | 193.7M | 236.2M | 362.2M | 180.9M | 291.5M | 260.1M |
| Pretax Margin % | 9.17% | 15.02% | 16.23% | 15.56% | 14.98% | 13.96% | 13.1% | 15.49% | 16.2% | 13.69% | 18.61% | 18.5% | 17.46% | 19.83% | 17.78% | 20.75% | 31.34% | 14.08% | 22.66% | 20.17% |
| Income Tax | 25.4M | 36.7M | 28M | 37.6M | 23.8M | -238M | -129.1M | 24.2M | 27.3M | 17.1M | 33.3M | 40.2M | 29.2M | -32.9M | 19.8M | 42.2M | 68.9M | 12.1M | 58.8M | 37.6M |
| Effective Tax Rate % | 28.19% | 24.29% | 16.71% | 23.54% | 16.16% | -161.14% | -95.14% | 14.65% | 16.06% | 11.87% | 16.3% | 18.58% | 16.13% | -15.2% | 10.22% | 17.87% | 19.02% | 6.69% | 20.17% | 14.46% |
| Net Income | 64.7M | 114.4M | 139.6M | 122.1M | 123.5M | 385.7M | 264.8M | 141M | 142.7M | 127M | 171M | 176.2M | 151.8M | 249.4M | 173.9M | 194M | 293.3M | 168.8M | 232.7M | 222.5M |
| Net Margin % | 6.58% | 11.37% | 13.52% | 11.9% | 12.56% | 36.45% | 25.56% | 13.22% | 13.6% | 12.07% | 15.58% | 15.06% | 14.64% | 22.84% | 15.96% | 17.04% | 25.38% | 13.14% | 18.09% | 17.25% |
| Net Income Growth % | -47.61% | -70.34% | -47.28% | -13.4% | -13.45% | 203.7% | 54.85% | -19.98% | -5.99% | -49.08% | -1.67% | -9.18% | -48.24% | 47.75% | -25.27% | -12.81% | 61.33% | -4.69% | 1.79% | 37.43% |
| Net Income (Continuing) | 64.7M | 114.4M | 139.6M | 122.1M | 123.5M | 385.7M | 264.8M | 141M | 142.7M | 127M | 171M | 176.2M | 151.8M | 249.4M | 173.9M | 194M | 293.3M | 168.8M | 232.7M | 222.5M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.20 | 0.36 | 0.43 | 0.37 | 0.36 | 1.13 | 0.78 | 0.42 | 0.41 | 0.35 | 0.46 | 0.47 | 0.40 | 0.65 | 0.45 | 0.50 | 0.74 | 0.42 | 0.57 | 0.54 |
| EPS Growth % | -44.44% | -68.14% | -44.87% | -11.9% | -12.2% | 222.86% | 69.57% | -10.64% | 2.5% | -46.15% | 2.22% | -6% | -45.95% | 54.76% | -21.05% | -7.41% | 68.18% | -2.33% | 3.64% | 38.46% |
| EPS (Basic) | 0.21 | 0.36 | 0.43 | 0.37 | 0.37 | 1.13 | 0.78 | 0.42 | 0.41 | 0.35 | 0.46 | 0.47 | 0.41 | 0.65 | 0.45 | 0.50 | 0.75 | 0.42 | 0.57 | 0.54 |
| Diluted Shares Outstanding | 316.8M | 318.9M | 330.5M | 329.6M | 339.2M | 341.1M | 339.5M | 339.6M | 345.7M | 361.1M | 375M | 375.6M | 375.5M | 383.9M | 387.6M | 387.6M | 394.5M | 401.7M | 408M | 411.5M |
| Basic Shares Outstanding | 314.8M | 317.6M | 329.5M | 328.9M | 337.7M | 340M | 338.3M | 338.6M | 344.4M | 359.7M | 373.9M | 375M | 374.4M | 382.5M | 386.5M | 386.7M | 393.1M | 400.1M | 406.3M | 409.3M |
| Dividend Payout Ratio | - | 65.03% | 54.08% | 62.9% | 66.64% | 20.64% | 30.06% | 58.01% | 56.41% | 65.35% | 51.05% | 51.42% | 58.04% | 35.57% | 52.16% | 47.94% | 31.3% | 55.04% | 40.91% | 43.51% |