Wise Group plc reports Q1 FY27 Results

Wise Group plc (Nasdaq: WSE; LSE: WISE), the global technology company building the best way to move and manage the world's money, today announces its Q1 FY27 results for the quarter ended June 30, 2026.

Q1 FY27 Q1 FY26 YoY Movement

Active customers (millions) 11,863 9,797 21%

Cross-border volume ($ billion) 69.3 55.0 26%

Customer holdings ($ billion) 41.2 31.5 31%

Net revenue ($ million) 714.0 573.3 25%

Cross-border take rate (%) 0.50% 0.52% -2 bps

Instant transfers (%) 77% 70% +7 pps

Q1 FY27 highlights

Quarterly cross-border volume grew 26% YoY to $69.3 billion (24% growth YoY on a constant currency basis*) with active customers up 21% YoY to 11.9 million

Customer holdings increased 31% YoY to $41.2 billion as more customers use and trust Wise for more of their daily financial lives

Cross-border take rate reduced 2bps YoY to 50bps, as we created capacity within the business to proactively invest part of our operating leverage to further strengthen our competitive advantage of lower prices for customers

Transaction revenue increased 27% YoY to $540.9 million and net revenue increased 25% YoY to $714.0 million

Re-iterating our FY27 guidance: Net revenue growth around the middle of our 15-20% medium-term target range on a constant currency basis, assuming no material change in interest paid to customers, and no material changes in central bank rates. Income before tax margin around the top of the 20-25% range.

Kristo Käärmann, Co-founder and Chief Executive Officer, commented: “This quarter almost 12 million people and businesses used Wise to move $69.3 billion across the world. These customers paid an average fee of just 50bps - the lowest it has ever been on Wise. In 77% of the transactions, their money arrived instantly on the other side of the world. More customers are trusting Wise for their everyday money - their holdings grew 31% to $41.2 billion.

“We recently expanded our product offering in Latin America, so that customers in Chile can now send money cheap and fast across borders and top up their multi-currency accounts with local, instant pay-ins.

Earnings call information

Wise will host an earnings call today, July 16, 2026 at 4:30 p.m. Eastern Time to discuss the company’s performance and expectations. Listeners may access the live call via webcast at http://owners.wise.com , where they can also find Wise’s earnings press release and slide presentation. Following the call, the webcast will be made available at the same website for at least 30 days.

About Wise

Wise is a global technology company, building the best way to move and manage the world's money. With Wise Account and Wise Business, people and businesses can hold 40+ currencies, move money between countries and spend money abroad. Large companies and banks use Wise technology too, an entirely new network for the world's money. In fiscal year 2026, Wise supported around 19 million people and businesses, processing over $240 billion in cross-border transactions and saving customers over $3 billion.