Western Union (WU) Cost of Revenue (2009 - 2026)
Western Union (WU) posted Cost of Revenue of $676.7 million for Q2 2026, up 3.33% on a QoQ basis from $654.9 million in Q1 2026, and up 5.27% year-over-year from $642.8 million in Q2 2025.
Analysis
Western Union (WU) Cost of Revenue (2009 - 2026) Analysis & Trends
Western Union has reported Cost of Revenue for 18 years, with the latest figure at $676.7 million in Q2 2026.
- On a quarterly basis, Cost of Revenue rose 5.27% year-over-year to $676.7 million in Q2 2026; TTM through Jun 2026 was $2.6 billion, a 1.66% increase from a year earlier, with the FY2025 full-year figure at $2.6 billion, down 2.67% from the prior year.
- Cost of Revenue was $676.7 million for Q2 2026 at Western Union, up from $654.9 million in the prior quarter.
- The five-year high for Cost of Revenue was $698.9 million in Q2 2023, with the low at $619.2 million in Q1 2025.
- Average Cost of Revenue over 5 years is $655.6 million, with a median of $654.2 million recorded in 2024.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue slipped 13.51% in 2022, then rose 7.83% in 2023.
- Over 5 years, Cost of Revenue stood at $681.0 million in 2022, then fell by 3.66% to $656.1 million in 2023, then advanced by 0.85% to $661.7 million in 2024, then retreated by 2.46% to $645.4 million in 2025, then climbed by 4.85% to $676.7 million in 2026.
- The last three Cost of Revenue figures came in at $676.7 million (Q2 2026), $654.9 million (Q1 2026), and $645.4 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Wise | 14.14 Bn | 14.14 Bn | - | - |
| 2 | Remitly Global | 4.64 Bn | 3.97 Bn | 333.98 Mn | 161.17 Mn |
| 3 | Western Union | 1.92 Bn | 1.00 Bn | 336.50 Mn | 676.70 Mn |
| 4 | International Money Express | 364.55 Mn | 213.91 Mn | - | - |
| 5 | Currenc | 196.10 Mn | 141.78 Mn | 3.70 Mn | 4.95 Mn |
| 6 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 676.70 Mn |
| Mar 31, 2026 | 654.90 Mn |
| Dec 31, 2025 | 645.40 Mn |
| Sep 30, 2025 | 643.20 Mn |
| Jun 30, 2025 | 642.80 Mn |
| Mar 31, 2025 | 619.20 Mn |
| Dec 31, 2024 | 661.70 Mn |
| Sep 30, 2024 | 653.60 Mn |
| Jun 30, 2024 | 663.90 Mn |
| Mar 31, 2024 | 641.30 Mn |
| Dec 31, 2023 | 656.10 Mn |
| Sep 30, 2023 | 687.20 Mn |
| Jun 30, 2023 | 698.90 Mn |
| Mar 31, 2023 | 629.50 Mn |
| Dec 31, 2022 | 681.00 Mn |
| Sep 30, 2022 | 637.30 Mn |
| Jun 30, 2022 | 653.00 Mn |
| Mar 31, 2022 | 655.10 Mn |
| Dec 31, 2021 | 715.30 Mn |
| Sep 30, 2021 | 720.10 Mn |