Western Union (WU) Operating Expenses (2009 - 2026)

Western Union (WU) recorded quarterly Operating Expenses of $859.7 million in Q1 2026, up 4.45% quarter-over-quarter from $823.1 million in Q4 2025, and up 6.64% on a YoY basis from $806.2 million in Q1 2025.

Western Union (WU) Operating Expenses (2009 - 2026) Analysis & Trends

Western Union's Operating Expenses history runs 18 years deep, the most recent figure standing at $859.7 million for 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 was $859.7 million for Q1 2026 at Western Union, up from $823.1 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $940.3 million in Q4 2022 to a low of $806.2 million in Q1 2025.
  • Historically, Operating Expenses has averaged $868.7 million across 5 years, with a median of $871.1 million in 2024.
  • The sharpest annual moves came in 2022 and 2026: Operating Expenses slipped 15.51% in 2022, then advanced 6.64% in 2026.
  • A 5-year view of Operating Expenses shows it stood at $940.3 million in 2022, then decreased by 5.03% to $893.0 million in 2023, then declined by 1.44% to $880.1 million in 2024, then slipped by 6.48% to $823.1 million in 2025, then increased by 4.45% to $859.7 million in 2026.
  • The last three Operating Expenses figures came in at $859.7 million (Q1 2026), $823.1 million (Q4 2025), and $830.7 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Visa 541.66 Bn 529.25 Bn - 4.00 Bn
2 Mastercard 437.55 Bn 427.34 Bn - 3.49 Bn
3 American Express 212.80 Bn 158.76 Bn 17.43 Bn 13.88 Bn
4 Capital One Financial 112.47 Bn 35.97 Bn - 8.46 Bn
5 PayPal Holdings 37.70 Bn 28.36 Bn 7.84 Bn 6.87 Bn
6 Synchrony Financial 24.26 Bn 3.70 Bn - 1.32 Bn
7 Affirm Holdings 21.24 Bn 19.51 Bn 261.64 Mn 950.34 Mn
8 SoFi Technologies 20.46 Bn 17.06 Bn 929.25 Mn 891.92 Mn
9 Ally Financial 13.30 Bn 12.86 Bn 1.98 Bn 1.24 Bn
10 Western Union 2.35 Bn 1.45 Bn 293.80 Mn 859.70 Mn

Historic Data

Download Data
DateValue
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