Western Union (WU) Operating Margin (2009 - 2026)
Western Union (WU) posted Operating Margin of 13.04% for Q2 2026, up 4.17% on a QoQ basis from 12.52% in Q1 2026, and down 574.0% year-over-year from 2.75% in Q2 2025.
Analysis
Western Union (WU) Operating Margin (2009 - 2026) Analysis & Trends
Western Union has reported Operating Margin for 18 years, with the latest figure at 13.04% in Q2 2026.
- On a quarterly basis, Operating Margin fell 574.0% year-over-year to 13.04% in Q2 2026; TTM through Jun 2026 was 15.91%, a 147.0% decrease from a year earlier, with the FY2025 full-year figure at 18.7%, up 145.0% from the prior year.
- Operating Margin was 13.04% for Q2 2026 at Western Union, up from 12.52% in the prior quarter.
- The five-year high for Operating Margin was 23.19% in Q2 2022, with the low at 12.52% in Q1 2026.
- Average Operating Margin over 5 years is 17.94%, with a median of 18.34% recorded in 2024.
- The sharpest annual moves came in 2022 and 2025: Operating Margin plunged 1077 bps in 2022, then soared 364 bps in 2025.
- Over 5 years, Operating Margin stood at 13.88% in 2022, then rose by 9 bps to 15.14% in 2023, then gained by 11 bps to 16.83% in 2024, then rose by 9 bps to 18.38% in 2025, then slipped by 29 bps to 13.04% in 2026.
- The last three Operating Margin figures came in at 13.04% (Q2 2026), 12.52% (Q1 2026), and 18.38% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Wise | 14.14 Bn | 14.14 Bn | - | - |
| 2 | Remitly Global | 4.64 Bn | 3.97 Bn | 333.98 Mn | 13.47% |
| 3 | Western Union | 1.92 Bn | 1.00 Bn | 336.50 Mn | 13.04% |
| 4 | International Money Express | 364.55 Mn | 213.91 Mn | - | 6.67% |
| 5 | Currenc | 196.10 Mn | 141.78 Mn | 3.70 Mn | -46.55% |
| 6 | Sentage Holdings | 4.77 Mn | 4.77 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 13.04% |
| Mar 31, 2026 | 12.52% |
| Dec 31, 2025 | 18.38% |
| Sep 30, 2025 | 19.55% |
| Jun 30, 2025 | 18.78% |
| Mar 31, 2025 | 18.04% |
| Dec 31, 2024 | 16.83% |
| Sep 30, 2024 | 15.92% |
| Jun 30, 2024 | 17.88% |
| Mar 31, 2024 | 18.31% |
| Dec 31, 2023 | 15.14% |
| Sep 30, 2023 | 19.21% |
| Jun 30, 2023 | 20.74% |
| Mar 31, 2023 | 19.74% |
| Dec 31, 2022 | 13.88% |
| Sep 30, 2022 | 21.27% |
| Jun 30, 2022 | 23.19% |
| Mar 31, 2022 | 20.55% |
| Dec 31, 2021 | 24.66% |
| Sep 30, 2021 | 24.77% |