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
DateValue
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