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

Western Union (WU) posted quarterly Operating Margin of 12.97% for Q1 2026, down 507.0% year-over-year from 3.19% in Q1 2025, and down 41.42% on a QoQ basis from 22.13% in Q4 2025.

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

Western Union (WU) has reported Operating Margin for 18 consecutive years, with 12.97% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Operating Margin fell 507.0% year-over-year to 12.97%; the TTM figure through Mar 2026 stood at 18.72% (up 138.0% YoY), while the FY2025 annual figure was 19.52%, up 228.0% from the prior year.
  • Operating Margin came in at 12.97% for Q1 2026 at Western Union, down from 22.13% in the prior quarter.
  • The five-year high for Operating Margin was 23.19% in Q2 2022, with the low at 12.97% in Q1 2026.
  • Average Operating Margin over 5 years is 19.1%, with a median of 19.59% recorded in 2025.
  • Across the five-year window, Operating Margin tumbled 834 bps in 2022 and jumped 530 bps in 2025, its largest moves.
  • Year by year, Operating Margin stood at 17.42% in 2022, then declined by 10 bps to 15.68% in 2023, then increased by 7 bps to 16.83% in 2024, then surged by 31 bps to 22.13% in 2025, then sank by 41 bps to 12.97% in 2026.
  • According to Business Quant data, Operating Margin over the past three periods registered 12.97%, 22.13%, and 20.49% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Visa 587.74 Bn 575.34 Bn - 64.42%
2 Mastercard 465.55 Bn 455.34 Bn - 58.43%
3 American Express 238.39 Bn 184.35 Bn 17.43 Bn 18.77%
4 PayPal Holdings 40.24 Bn 30.89 Bn 7.84 Bn 17.81%
5 Affirm Holdings 28.27 Bn 26.55 Bn 261.64 Mn 26.44%
6 SoFi Technologies 23.54 Bn 20.13 Bn 929.25 Mn 3.39%
7 Ally Financial 14.34 Bn 13.89 Bn 1.98 Bn 35.49%
8 Credit Acceptance 7.51 Bn 7.49 Bn 562.70 Mn 24.11%
9 FinVolution 6.22 Bn 4.97 Bn 311.24 Mn 15.96%
10 Western Union 24.33 Mn -884.87 Mn 293.80 Mn 12.97%

Historic Data

Download Data
DateValue
Mar 31, 2026 12.97%
Dec 31, 2025 22.13%
Sep 30, 2025 20.49%
Jun 30, 2025 19.59%
Mar 31, 2025 18.04%
Dec 31, 2024 16.83%
Sep 30, 2024 16.60%
Jun 30, 2024 17.88%
Mar 31, 2024 18.31%
Dec 31, 2023 15.68%
Sep 30, 2023 20.03%
Jun 30, 2023 21.85%
Mar 31, 2023 20.91%
Dec 31, 2022 17.42%
Sep 30, 2022 21.27%
Jun 30, 2022 23.19%
Mar 31, 2022 21.58%
Dec 31, 2021 25.76%
Sep 30, 2021 24.77%
Jun 30, 2021 19.76%