Filing Flows › International Money Express (IMXI) › Q1 2026 › vs Q4 2025
International Money Express (IMXI) Q1 2026 vs Q4 2025 (quarter over quarter)
International Money Express's revenue fell $25.5M (-17%) from $147M in Q4 2025 to $122M in Q1 2026. The biggest changes: Wire transfer and money order fees, net −$21.5M (-18%); Foreign exchange gain, net −$4.7M (-22%); Other income +$711K (+14%). Operating margin 3.0% against 7.9% (-4.8 pts).
International Money Express, Q1 2026: revenue $122M (-16% year over year), operating margin 3.0%, net earnings $511K, operating cash flow −$37.4M. The chart draws each line against Q4 2025, the increases inside each band.
Margins
| Q1 2026 | Q4 2025 | Change | |
|---|---|---|---|
| Operating margin | 3.0% | 7.9% | -4.8 pts |
| Net margin | 0.4% | 6.1% | -5.6 pts |
Every line
| Line | Q1 2026 | Q4 2025 | Change | % |
|---|---|---|---|---|
| Wire transfer and money order fees, net | $99.8M | $121M | −$21.5M | -18% |
| Foreign exchange gain, net | $16.3M | $21.0M | −$4.7M | -22% |
| Other income | $5.9M | $5.2M | $711K | +14% |
| Revenue | $122M | $147M | −$25.5M | -17% |
| Operating profit | $3.7M | $11.6M | −$7.9M | -68% |
| Costs & expenses | $118M | $136M | −$17.6M | -13% |
| Pre-tax earnings | $1.5M | $11.8M | −$10.3M | -88% |
| Other expense, net | $2.2M | −$224K | $2.4M | — |
| Net earnings | $511K | $8.9M | −$8.4M | -94% |
| Income tax | $955K | $2.9M | −$1.9M | -67% |
| Operating cash sources | $45.1M | $31.5M | $13.6M | +43% |
| Depreciation & amortization | $4.7M | $4.7M | $17K | +0.4% |
| Share-based compensation | $2.5M | $2.3M | $254K | +11% |
| Cash used in operations | $37.4M | $15.6M | $21.7M | +139% |
| Working capital & other | $45.1M | $31.5M | $13.6M | +43% |
Questions
How much did International Money Express's revenue grow quarter over quarter in Q1 2026?
International Money Express's revenue fell $25.5M (-17%) from $147M in Q4 2025 to $122M in Q1 2026.
What drove International Money Express's revenue change in Q1 2026?
Wire transfer and money order fees, net −$21.5M (-18%); Foreign exchange gain, net −$4.7M (-22%); Other income +$711K (+14%).