Western Union (WU) Gross Margin (2009 - 2026)

Western Union's Gross Margin history runs 18 years deep, the most recent figure standing at 30.97% for Q1 2026.

• In Q1 2026, Gross Margin fell 608.0% year-over-year to 30.97%; the TTM figure through Mar 2026 stood at 31.12% (down 553.0% YoY), while the FY2025 annual figure was 34.26%, down 349.0% from the prior year.
• Gross Margin was 30.97% for Q1 2026 at Western Union, up from 22.92% in the prior quarter.
• In the past five years, Gross Margin ranged from a high of 42.63% in Q2 2022 to a low of 21.76% in Q4 2022.
• Historically, Gross Margin has averaged 35.17% across 5 years, with a median of 35.7% in 2023.
• The sharpest annual moves came in 2022 and 2023: Gross Margin tumbled 2008 bps in 2022, then jumped 1366 bps in 2023.
• A 5-year view of Gross Margin shows it stood at 21.76% in 2022, then surged by 63 bps to 35.42% in 2023, then rose by 6 bps to 37.47% in 2024, then tumbled by 39 bps to 22.92% in 2025, then surged by 35 bps to 30.97% in 2026.
• The last three Gross Margin figures came in at 30.97% (Q1 2026), 22.92% (Q4 2025), and 34.72% (Q3 2025), per Business Quant data.