Western Union (WU) Cost of Revenue (2009 - 2026)

Western Union (WU) posted quarterly Cost of Revenue of $654.9 million for Q1 2026, up 5.77% year-over-year from $619.2 million in Q1 2025, and up 1.47% on a QoQ basis from $645.4 million in Q4 2025.

Western Union (WU) Cost of Revenue (2009 - 2026) Analysis & Trends

Western Union (WU) has reported Cost of Revenue for 18 consecutive years, with $654.9 million the latest figure, recorded in 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 came in at $654.9 million for Q1 2026 at Western Union, up from $645.4 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 $654.4 million, with a median of $653.6 million recorded in 2024.
  • Across the five-year window, Cost of Revenue declined 13.51% in 2022 and advanced 7.83% in 2023, its largest moves.
  • Year by year, Cost of Revenue stood at $681.0 million in 2022, then decreased by 3.66% to $656.1 million in 2023, then grew by 0.85% to $661.7 million in 2024, then slipped by 2.46% to $645.4 million in 2025, then gained by 1.47% to $654.9 million in 2026.
  • According to Business Quant data, Cost of Revenue over the past three periods registered $654.9 million, $645.4 million, and $643.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Cost of Rev (Qtr)
1 Visa 587.74 Bn 575.34 Bn - -
2 Mastercard 465.55 Bn 455.34 Bn - -
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 1.48 Bn
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 518.00 Mn
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 72.85 Mn
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 171.12 Mn
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 121.00 Mn
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 17.20 Mn
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 121.17 Mn
10 Western Union 24.33 Mn -884.87 Mn 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