Western Union (WU) Gross Margin (2009 - 2026)
Western Union (WU) posted quarterly Gross Margin of 33.21% for Q2 2026, down 414.0% year-over-year from 10.58% in Q2 2025, and little changed quarter-over-quarter from 33.36% in Q1 2026.
Analysis
Western Union (WU) Gross Margin (2009 - 2026) Analysis & Trends
Western Union's Gross Margin history runs 18 years deep, the most recent figure standing at 33.21% for Q2 2026.
- In Q2 2026, Gross Margin fell 414.0% year-over-year to 33.21%; the TTM figure through Jun 2026 stood at 35.09% (down 211.0% YoY), while the FY2025 annual figure was 37.03%, down 72.0% from the prior year.
- Gross Margin for Q2 2026 stood at 33.21%, roughly flat from 33.36% in the prior quarter.
- The five-year high for Gross Margin was 43.32% in Q1 2022, with the low at 33.21% in Q2 2026.
- The 5-year median for Gross Margin is 37.64% (2022), against an average of 38.08%.
- Peak annual rise in Gross Margin reached 166 bps in 2022, while the deepest fall reached 669 bps in 2022.
- Western Union's Gross Margin stood at 37.63% in 2022, then gained by 0 bps to 37.65% in 2023, then fell by 0 bps to 37.47% in 2024, then fell by 4 bps to 36.0% in 2025, then decreased by 8 bps to 33.21% in 2026.
- Business Quant data shows WU's Gross Margin at 33.21% in Q2 2026, 33.36% in Q1 2026, and 36.0% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 680.39 Bn | 668.03 Bn | - | - |
| 2 | Mastercard | 518.33 Bn | 504.84 Bn | - | - |
| 3 | American Express | 224.91 Bn | 175.59 Bn | 17.99 Bn | 91.60% |
| 4 | Capital One Financial | 132.31 Bn | 77.60 Bn | - | - |
| 5 | PayPal Holdings | 46.25 Bn | 35.00 Bn | - | - |
| 6 | Affirm Holdings | 26.22 Bn | 24.59 Bn | - | - |
| 7 | Synchrony Financial | 25.37 Bn | 9.17 Bn | - | - |
| 8 | SoFi Technologies | 23.30 Bn | 20.18 Bn | 1.02 Bn | 83.58% |
| 9 | Ally Financial | 12.85 Bn | 5.01 Bn | 2.08 Bn | 90.90% |
| 10 | Western Union | 2.26 Bn | 1.34 Bn | 336.50 Mn | 33.21% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 33.21% |
| Mar 31, 2026 | 33.36% |
| Dec 31, 2025 | 36.00% |
| Sep 30, 2025 | 37.71% |
| Jun 30, 2025 | 37.36% |
| Mar 31, 2025 | 37.05% |
| Dec 31, 2024 | 37.47% |
| Sep 30, 2024 | 36.91% |
| Jun 30, 2024 | 37.74% |
| Mar 31, 2024 | 38.87% |
| Dec 31, 2023 | 37.65% |
| Sep 30, 2023 | 37.40% |
| Jun 30, 2023 | 40.26% |
| Mar 31, 2023 | 39.29% |
| Dec 31, 2022 | 37.63% |
| Sep 30, 2022 | 41.51% |
| Jun 30, 2022 | 42.63% |
| Mar 31, 2022 | 43.32% |
| Dec 31, 2021 | 44.33% |
| Sep 30, 2021 | 44.02% |