Western Union (WU) Cost of Revenue (2009 - 2026)
Western Union (WU) recorded quarterly Cost of Revenue of $654.9 million in Q1 2026, up 1.47% quarter-over-quarter from $645.4 million in Q4 2025, and up 5.77% on a YoY basis from $619.2 million in Q1 2025.
Western Union (WU) Cost of Revenue (2009 - 2026) Analysis & Trends
Western Union's Cost of Revenue history runs 18 years deep, the most recent figure standing at $654.9 million for Q1 2026.
- In Q1 2026, Cost of Revenue rose 5.77% year-over-year to $654.9 million; the TTM figure through Mar 2026 stood at $2.6 billion (changed 0.47% YoY), while the FY2025 annual figure was $2.6 billion, down 2.67% from the prior year.
- Cost of Revenue was $654.9 million for Q1 2026 at Western Union, up from $645.4 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $698.9 million in Q2 2023 to a low of $619.2 million in Q1 2025.
- Historically, Cost of Revenue has averaged $654.4 million across 5 years, with a median of $653.6 million in 2024.
- The sharpest annual moves came in 2022 and 2023: Cost of Revenue decreased 13.51% in 2022, then increased 7.83% in 2023.
- A 5-year view of Cost of Revenue shows it stood at $681.0 million in 2022, then declined by 3.66% to $656.1 million in 2023, then gained by 0.85% to $661.7 million in 2024, then fell by 2.46% to $645.4 million in 2025, then grew by 1.47% to $654.9 million in 2026.
- The last three Cost of Revenue figures came in at $654.9 million (Q1 2026), $645.4 million (Q4 2025), and $643.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 541.66 Bn | 529.25 Bn | - | - |
| 2 | Mastercard | 437.55 Bn | 427.34 Bn | - | - |
| 3 | American Express | 212.80 Bn | 158.76 Bn | 17.43 Bn | 1.48 Bn |
| 4 | Capital One Financial | 112.47 Bn | 35.97 Bn | - | 1.50 Bn |
| 5 | PayPal Holdings | 37.70 Bn | 28.36 Bn | 7.84 Bn | 518.00 Mn |
| 6 | Synchrony Financial | 24.26 Bn | 3.70 Bn | - | - |
| 7 | Affirm Holdings | 21.24 Bn | 19.51 Bn | 261.64 Mn | 72.85 Mn |
| 8 | SoFi Technologies | 20.46 Bn | 17.06 Bn | 929.25 Mn | 171.12 Mn |
| 9 | Ally Financial | 13.30 Bn | 12.86 Bn | 1.98 Bn | 121.00 Mn |
| 10 | Western Union | 2.35 Bn | 1.45 Bn | 293.80 Mn | 654.90 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 654.90 Mn |
| Mar 31, 2026 | 654.90 Mn |
| Dec 31, 2025 | 645.40 Mn |
| Dec 31, 2025 | 645.40 Mn |
| Sep 30, 2025 | 643.20 Mn |
| Sep 30, 2025 | 643.20 Mn |
| Jun 30, 2025 | 642.80 Mn |
| Jun 30, 2025 | 642.80 Mn |
| Mar 31, 2025 | 619.20 Mn |
| Mar 31, 2025 | 619.20 Mn |
| Dec 31, 2024 | 661.70 Mn |
| Dec 31, 2024 | 661.70 Mn |
| Sep 30, 2024 | 653.60 Mn |
| Sep 30, 2024 | 653.60 Mn |
| Jun 30, 2024 | 663.90 Mn |
| Jun 30, 2024 | 663.90 Mn |
| Mar 31, 2024 | 641.30 Mn |
| Mar 31, 2024 | 641.30 Mn |
| Dec 31, 2023 | 656.10 Mn |
| Dec 31, 2023 | 656.10 Mn |