Filing Flows › Western Union (WU) › How it makes money
How Western Union (WU) makes money
Western Union (WU) made $1.0B of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Consumer Money Transfers brought in $857M (85%); Consumer Services brought in $152M (15%). Of every dollar of revenue, 13¢ was left as operating profit, 8¢ was left as net earnings.
Drawing the Sankey…
Revenue by segment, Q3 2026
| Segment | Revenue | Share | Q/Q | Y/Y |
|---|---|---|---|---|
| Consumer Money Transfers | $857M | 84.9% | -1% | -2% |
| Consumer Services | $152M | 15.1% | +3% | -2% |
Where each dollar of revenue goes
| Line | Q3 2026 | % of revenue |
|---|---|---|
| Revenue | $1.0B | 100.0% |
| Operating profit | $131M | 13.0% |
| Income tax | $18.1M | 1.8% |
| Net earnings | $78.0M | 7.7% |
| Operating cash flow | $107M | 10.6% |
| Free cash flow | $99.9M | 9.9% |
Revenue, quarter by quarter
| Quarter | Revenue | Y/Y |
|---|---|---|
| Q3 2026 | $1.0B | -2% |
| Q2 2026 | $1.0B | -1% |
| Q1 2026 | $983M | -0.1% |
| Q4 2025 | $1.0B | -5% |
| Q3 2025 | $1.0B | -0.3% |
| Q2 2025 | $1.0B | -4% |
| Q1 2025 | $984M | -6% |
From Western Union's 10-Q filed Nov 4, 2026 (on EDGAR).
Questions
How does Western Union make money?
Western Union (WU) made $1.0B of revenue in the third quarter 2026 (Q3 2026), -2% from a year earlier. Consumer Money Transfers brought in $857M (85%); Consumer Services brought in $152M (15%). Of every dollar of revenue, 13¢ was left as operating profit, 8¢ was left as net earnings.
What is Western Union's biggest business?
Consumer Money Transfers: $857M in the third quarter 2026, 85% of revenue, -2% from a year earlier.
What is Western Union's profit margin?
Net earnings were $78.0M, 7.7% of revenue, in the third quarter 2026; the operating margin was 13.0%.
Updated Nov 8, 2026. Read automatically from SEC filings and public data; errors are possible. Not investment advice.