Filing Flows › Western Union (WU) › Q4 2025
Western Union (WU) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Feb 20, 2026
Western Union (WU) reported revenue of $1.0B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -2% from the quarter before. Operating margin was 18.4%, net earnings $114M (11.3% of revenue).
Western Union, Q4 2025: revenue $1.0B (-5% year over year), operating margin 18.4%, net earnings $114M, operating cash flow $135M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $1.0B | -2% | -5% |
| Operating profit | $185M | -8% | +4% |
| Net earnings | $114M | -18% | -70% |
| Operating cash flow | $135M | -48% | +1% |
| Free cash flow | $116M | -54% | -4% |
What changed
Revenue was $1.0B in Q4 2025, down 5% year over year and down 2% from the previous quarter. Consumer Money Transfers was the largest line at 86% of revenue.
Operating profit was $0.19B, a 18.4% margin (up 1.5 points year over year). Total costs fell 6% while revenue fell 5%. Net earnings were $0.11B, down 70% year over year. The effective tax rate was 24.3%.
Operating cash flow was $0.14B (up 1% year over year), 118% of net earnings. Non-cash charges added back $0.04B of depreciation and amortization and $0.01B of share-based compensation. Working capital and other items used $0.04B. Capital expenditures of $0.02B left free cash flow of $0.12B.
Questions
What was Western Union's revenue in the fourth quarter 2025?
Western Union (WU) reported revenue of $1.0B for the fourth quarter 2025 (Q4 2025), -5% from a year earlier and -2% from the quarter before.
Was Western Union profitable in the fourth quarter 2025?
Operating profit was $185M (18.4% of revenue) and net earnings $114M.
Source: Western Union 10-K on SEC EDGAR.