Western Union (WU) Operating Expenses (2009 - 2026)
Western Union (WU) posted quarterly Operating Expenses of $859.7 million for Q1 2026, up 6.64% year-over-year from $806.2 million in Q1 2025, and up 4.45% on a QoQ basis from $823.1 million in Q4 2025.
Western Union (WU) Operating Expenses (2009 - 2026) Analysis & Trends
Western Union (WU) has reported Operating Expenses for 18 consecutive years, with $859.7 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 6.64% year-over-year to $859.7 million; the TTM figure through Mar 2026 stood at $3.3 billion (down 2.51% YoY), while the FY2025 annual figure was $3.3 billion, down 5.47% from the prior year.
- Operating Expenses came in at $859.7 million for Q1 2026 at Western Union, up from $823.1 million in the prior quarter.
- The five-year high for Operating Expenses was $940.3 million in Q4 2022, with the low at $806.2 million in Q1 2025.
- Average Operating Expenses over 5 years is $868.7 million, with a median of $871.1 million recorded in 2024.
- Across the five-year window, Operating Expenses fell 15.51% in 2022 and increased 6.64% in 2026, its largest moves.
- Year by year, Operating Expenses stood at $940.3 million in 2022, then declined by 5.03% to $893.0 million in 2023, then decreased by 1.44% to $880.1 million in 2024, then fell by 6.48% to $823.1 million in 2025, then advanced by 4.45% to $859.7 million in 2026.
- According to Business Quant data, Operating Expenses over the past three periods registered $859.7 million, $823.1 million, and $830.7 million for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Visa | 587.74 Bn | 575.34 Bn | - | 4.00 Bn |
| 2 | Mastercard | 465.55 Bn | 455.34 Bn | - | 3.49 Bn |
| 3 | American Express | 238.39 Bn | 184.35 Bn | 17.43 Bn | 13.88 Bn |
| 4 | PayPal Holdings | 40.24 Bn | 30.89 Bn | 7.84 Bn | 6.87 Bn |
| 5 | Affirm Holdings | 28.27 Bn | 26.55 Bn | 261.64 Mn | 950.34 Mn |
| 6 | SoFi Technologies | 23.54 Bn | 20.13 Bn | 929.25 Mn | 891.92 Mn |
| 7 | Ally Financial | 14.34 Bn | 13.89 Bn | 1.98 Bn | 1.24 Bn |
| 8 | Credit Acceptance | 7.51 Bn | 7.49 Bn | 562.70 Mn | 422.90 Mn |
| 9 | FinVolution | 6.22 Bn | 4.97 Bn | 311.24 Mn | -363.39 Mn |
| 10 | Western Union | 24.33 Mn | -884.87 Mn | 293.80 Mn | 859.70 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 859.70 Mn |
| Dec 31, 2025 | 823.10 Mn |
| Sep 30, 2025 | 830.70 Mn |
| Jun 30, 2025 | 833.40 Mn |
| Mar 31, 2025 | 806.20 Mn |
| Dec 31, 2024 | 880.10 Mn |
| Sep 30, 2024 | 871.10 Mn |
| Jun 30, 2024 | 875.70 Mn |
| Mar 31, 2024 | 857.00 Mn |
| Dec 31, 2023 | 893.00 Mn |
| Sep 30, 2023 | 886.90 Mn |
| Jun 30, 2023 | 927.40 Mn |
| Mar 31, 2023 | 832.20 Mn |
| Dec 31, 2022 | 940.30 Mn |
| Sep 30, 2022 | 857.80 Mn |
| Jun 30, 2022 | 874.30 Mn |
| Mar 31, 2022 | 918.20 Mn |
| Dec 31, 2021 | 968.00 Mn |
| Sep 30, 2021 | 967.70 Mn |
| Jun 30, 2021 | 1.03 Bn |