Filing Flows › Western Union (WU) › Q1 2026
Western Union (WU) Q1 2026 earnings results (first quarter 2026)
10-Q filed Apr 24, 2026
Western Union (WU) reported revenue of $983M for the first quarter 2026 (Q1 2026), -0.1% from a year earlier and -3% from the quarter before. Operating margin was 12.5%, net earnings $64.7M (6.6% of revenue).
Western Union, Q1 2026: revenue $983M (-0.1% year over year), operating margin 12.5%, net earnings $64.7M, operating cash flow $109M. The chart follows the revenue to costs, profit and cash.
| Q1 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $983M | -3% | -0.1% |
| Operating profit | $123M | -34% | -31% |
| Net earnings | $64.7M | -43% | -48% |
| Operating cash flow | $109M | -19% | -26% |
| Free cash flow | $103M | -11% | -29% |
What changed
Revenue was $982.7M in Q1 2026, roughly flat year over year and down 3% from the previous quarter. Consumer Money Transfers was the largest line at 86% of revenue. Consumer Money Transfers lost $27.5M year over year (down 3%), 3056% of the total change.
Operating profit was $123.0M, a 12.5% margin (down 5.5 points year over year). Total costs grew 7% against flat revenue. Net earnings were $64.7M, down 48% year over year. The effective tax rate was 28.2%.
Operating cash flow was $109.0M (down 26% year over year), 168% of net earnings. Non-cash charges added back $46.7M of depreciation and amortization and $8.9M of share-based compensation. Working capital and other items used $11.3M. Capital expenditures of $6.4M left free cash flow of $102.6M.
Questions
What was Western Union's revenue in the first quarter 2026?
Western Union (WU) reported revenue of $983M for the first quarter 2026 (Q1 2026), -0.1% from a year earlier and -3% from the quarter before.
Was Western Union profitable in the first quarter 2026?
Operating profit was $123M (12.5% of revenue) and net earnings $64.7M.
Source: Western Union 10-Q on SEC EDGAR.