Wise Group plc Class A (WSE) Income Statement
WSE FY2026 at a glance
Fiscal year ended March 31, 2026 · U.S. dollarsWSE revenue and net income
Where WSE's revenue goes
FY2026Each bar shows an amount and its share of revenue. WSE kept 18.4% of revenue as net income.
WSE profit margins
WSE growth rates
to FY2026| 1 year | 3 years | 5 years | 10 years | |
|---|---|---|---|---|
| Revenue | +13.4% | +27.6% | +37.2% | +53.7% |
| Gross profit | −9.9% | +22.7% | +35.2% | +54.3% |
| Operating income | −21.7% | +42.4% | +58.8% | — |
| Net income | −9.5% | +49.0% | +64.9% | — |
| EPS (diluted) | +20.0% | +63.4% | +74.1% | — |
1-year change and average annual growth (CAGR) over 3, 5 and 10 fiscal years. "—" when a starting value was zero or negative.
WSE income statement
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $2.05B | $1.81B | $1.41B | $986.3M | $563.8M | $421.0M | $302.6M | $177.9M | $117.3M | $66.3M |
| Cost of revenue | $869.7M | $498.4M | $307.4M | $348.1M | $194.7M | $160.5M | $114.5M | $67.5M | $39.8M | $20.3M |
| Gross profit | $1.18B | $1.31B | $1.10B | $638.2M | $369.1M | $260.5M | $188.1M | $110.4M | $77.5M | $46.1M |
| Research & development | $434.3M | $65.9M | $53.5M | $42.7M | $25.0M | $19.9M | — | — | $2.8M | — |
| Sales, general & admin | $287.2M | $326.0M | $222.4M | $181.1M | $118.4M | $73.7M | $148.2M | $93.2M | $68.0M | $46.6M |
| Total operating expenses | $724.2M | $728.2M | $603.0M | $483.8M | $320.4M | $213.7M | $168.6M | $99.1M | $68.0M | $46.6M |
| Operating income | $453.9M | $579.6M | $501.9M | $157.2M | $48.7M | $44.9M | $23.6M | $12.2M | $9.5M | −$519,000 |
| Interest income | $63.0M | $44.0M | $24.9M | $3.5M | $0 | — | — | — | — | — |
| Interest expense | $14.8M | $15.4M | $20.3M | $10.0M | $11.5M | $7.6M | $4.5M | $2.1M | — | — |
| Income before taxes | $499.5M | $564.8M | $481.4M | $146.5M | $43.9M | $41.1M | $20.4M | $10.1M | $7.8M | −$801,000 |
| Income taxes | $122.3M | $148.1M | $126.8M | $32.5M | $11.0M | $10.2M | $5.4M | −$200,000 | $1.6M | −$7.0M |
| Net income | $377.2M | $416.7M | $354.6M | $114.0M | $32.9M | $30.9M | $15.0M | $10.3M | $6.2M | $6.2M |
| EBITDA | $525.2M | $598.3M | $520.0M | $179.7M | $71.2M | $70.4M | $45.5M | $18.5M | $10.6M | $315,000 |
| EPS (diluted) | $0.48 | $0.40 | $0.34 | $0.11 | $0.03 | $0.03 | $0.01 | — | — | — |
| Gross margin | 57.5% | 72.4% | 78.2% | 64.7% | 65.5% | 61.9% | 62.2% | 62.1% | 66.1% | 69.4% |
| Operating margin | 22.2% | 32.1% | 35.5% | 15.9% | 8.6% | 10.7% | 7.8% | 6.9% | 8.1% | −0.8% |
| Net margin | 18.4% | 23.1% | 25.1% | 11.6% | 5.8% | 7.3% | 5.0% | 5.8% | 5.3% | 9.3% |
| Mar '26 | Sep '25 | Mar '25 | Sep '24 | Mar '24 | Jun '23 | Mar '23 | Jun '22 | Mar '22 | Jun '21 | Mar '21 | Jun '20 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $1.09B | $959.2M | $951.7M | $807.8M | $756.3M | $656.0M | $548.2M | $419.7M | $306.0M | $257.8M | $228.8M | $192.2M |
| Cost of revenue | $590.7M | $279.0M | $278.9M | $152.9M | $146.7M | $160.7M | $159.7M | $148.5M | $104.6M | $81.2M | $79.9M | $71.8M |
| Gross profit | $497.9M | $680.2M | $630.9M | $654.9M | $609.6M | $495.3M | $388.5M | $271.2M | $201.4M | $176.6M | $148.9M | $120.4M |
| Research & development | — | — | $34.4M | $31.5M | $23.9M | $23.9M | $19.3M | $19.3M | $11.5M | $11.5M | — | — |
| Sales, general & admin | $94.7M | — | $320.3M | $307.8M | $323.6M | $269.3M | $291.4M | $184.8M | $171.6M | $129.1M | $213.5M | — |
| Total operating expenses | $275.7M | $448.5M | $369.5M | $353.0M | $311.3M | $291.7M | $286.3M | $216.2M | $174.0M | $155.3M | $126.1M | $98.3M |
| Operating income | $222.2M | $231.7M | $287.5M | $301.9M | $298.3M | $203.6M | $102.2M | $55.0M | $27.4M | $21.3M | $22.8M | $22.1M |
| Interest expense | $14.8M | — | — | — | — | — | — | — | — | — | — | — |
| Income before taxes | $244.9M | $254.6M | $272.3M | $292.5M | $287.1M | $194.3M | $95.2M | $51.3M | $25.1M | $18.8M | $21.1M | $20.0M |
| Income taxes | $54.9M | $67.4M | $72.9M | $75.2M | $73.1M | $53.7M | $18.5M | $14.0M | $4.9M | $6.1M | $4.8M | $5.4M |
| Net income | $190.0M | $187.2M | $199.4M | $217.3M | $214.0M | $140.6M | $76.7M | $37.3M | $20.2M | $12.7M | $16.3M | $14.6M |
| EBITDA | $282.9M | $242.3M | $308.7M | $294.7M | $294.5M | $206.0M | $96.8M | $53.0M | $34.0M | $36.9M | $31.4M | $34.4M |
| Gross margin | 45.7% | 70.9% | 66.3% | 81.1% | 80.6% | 75.5% | 70.9% | 64.6% | 65.8% | 68.5% | 65.1% | 62.6% |
| Operating margin | 20.4% | 24.2% | 30.2% | 37.4% | 39.4% | 31.0% | 18.6% | 13.1% | 9.0% | 8.3% | 10.0% | 11.5% |
| Net margin | 17.5% | 19.5% | 21.0% | 26.9% | 28.3% | 21.4% | 14.0% | 8.9% | 6.6% | 4.9% | 7.1% | 7.6% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported in WSE's financial statements (latest annual report filed June 25, 2026); data from EODHD. Sales, general & administrative expenses include sales and marketing.
WSE financial results
In fiscal year 2026 (ended March 31, 2026), Wise reported revenue of $2.0 billion, up 13.4% from the year before. It had net income of $377.2 million (down 9.5%), a net profit margin of 18.4%. Diluted earnings per share came to $0.48. Over five years revenue grew at an average rate of 37.2% a year.
See the WSE stock overview for the latest quote and news, or the WSE chart for price history and technical indicators.
WSE income statement FAQ
What is Wise's annual revenue?
Wise reported total revenue of $2.0 billion for fiscal year 2026, which ended on March 31, 2026. That was up 13.4% from $1.8 billion the previous year.
Is Wise profitable?
Yes. Wise reported net income of $377.2 million in fiscal 2026, a net profit margin of 18.4%; its operating margin was 22.2%.
What is Wise's gross margin?
Wise's gross margin was 57.5% in fiscal 2026: for every $100 of revenue, Wise kept $58 after the direct cost of its products and services.
How much does Wise spend on research and development?
Wise spent $434.3 million on research and development in fiscal 2026, 21.2% of revenue.
How fast is Wise growing?
Revenue grew 37.2% a year on average over the last five fiscal years, from $421.0 million to $2.0 billion.
What are Wise's earnings per share?
Wise earned $0.48 per diluted share in fiscal 2026, compared with $0.40 a year earlier.
When will Wise report its next earnings?
Wise is expected to report results for the quarter ending September 30, 2026 on November 5, 2026 after the market closes.
When does Wise's fiscal year end?
Wise's fiscal year ends in March. The latest annual report covers the year ended March 31, 2026 and was filed on June 25, 2026.