Filing Flows › Western Union (WU) › Q1 2025
Western Union (WU) Q1 2025 earnings results (first quarter 2025)
10-Q filed Apr 23, 2025
Western Union (WU) reported revenue of $984M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -7% from the quarter before. Operating margin was 18.0%, net earnings $124M (12.6% of revenue).
Western Union, Q1 2025: revenue $984M (-6% year over year), operating margin 18.0%, net earnings $124M, operating cash flow $148M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $984M | -7% | -6% |
| Operating profit | $177M | -0.4% | -8% |
| Net earnings | $124M | -68% | -13% |
| Operating cash flow | $148M | +11% | +58% |
| Free cash flow | $145M | +21% | +74% |
What changed
Revenue was $983.6M in Q1 2025, down 6% year over year and down 7% from the previous quarter. Consumer Money Transfers was the largest line at 89% of revenue. Consumer Money Transfers lost $89.1M year over year (down 9%), 136% of the total change.
Operating profit was $177.4M, a 18.0% margin (down 0.3 points year over year). Total costs fell 6% while revenue fell 6%. Net earnings were $123.5M, down 13% year over year. The effective tax rate was 16.2%.
Operating cash flow was $148.2M (up 58% year over year), 120% of net earnings. Non-cash charges added back $41.9M of depreciation and amortization and $10.6M of share-based compensation. Working capital and other items used $27.8M. Capital expenditures of $3.4M left free cash flow of $144.8M.
Questions
What was Western Union's revenue in the first quarter 2025?
Western Union (WU) reported revenue of $984M for the first quarter 2025 (Q1 2025), -6% from a year earlier and -7% from the quarter before.
Was Western Union profitable in the first quarter 2025?
Operating profit was $177M (18.0% of revenue) and net earnings $124M.
Source: Western Union 10-Q on SEC EDGAR.