6-K Impact 7/10 Earnings

$WSE · Wise Group plc

October 15, 2026 · AI-analyzed SEC filing

View original filing on SEC.gov → All SEC filings →

Summary

Wise Group plc reported Q2 FY27 results with net revenue of $739.1M (+21% YoY), cross-border volume of $71.7B (+22% YoY), and active customers reaching 12.5M (+20% YoY). The company raised its FY27 net revenue growth outlook to the upper half (17.5%-20%) of its 15-20% medium-term target range and continues to expect IBT margin around the top of the 20-25% range.

Key points

Net revenue of $739.1M grew 21% YoY, with cross-border volume up 22% to $71.7B.
Active customers reached 12.5M (+20% YoY); customer holdings hit $43.5B (+28% YoY).
FY27 net revenue growth guidance raised to upper half (17.5%-20%) of the 15-20% medium-term range.
Cross-border take rate compressed to 49bps (-3bps YoY) as Wise reinvests operating leverage into lower pricing.
H1FY27 IBT margin expected at ~23%, including ~$15M in one-off dual-listing costs (~2ppts impact).

Financial results

PeriodQ2 FY27

Revenue$739.1 million

Revenue YoY+21% YoY (21% constant currency basis*) with active customers up 20% YoY to 12.5 million Customer holdings increased 28% YoY to $43.5 billion and card spend volumes grew to $14.3bn as more customers use and trust Wise for more of their daily financial lives Cross-border take rate reduced 3bps YoY to 49bps, as we continued to proactively invest part of our operating leverage to further strengthen our competitive advantage of lower prices for customers Transaction revenue increased 22% YoY to $561.3 million and net revenue increased 21% YoY to $739.1 million (21% growth YoY on a constant currency basis) Outlook for FY27: Wise now expects FY27 net revenue growth to be in the upper half (17.5% - 20%) of our 15-20% medium-term target range on a constant currency basis 1 Wise continues to expect FY27 income before tax (‘IBT’) margin around the top of our 20-25% range. For H1FY27, we expect the IBT margin to be c.23%, including one-off expenses equivalent to c.2ppts. This includes c.$15 million relating to the dual listing of Wise. Further detail will be provided in our H1FY27 results, including the progress we are making in unlocking transactional efficiency and reinvesting these gains to drive future growth. 1 Guidance for net revenue growth includes recent increases to interest rates made by central banks and assumes no material change in the proportion of interest paid to customers and omits any further income or expense that may result from further changes in central bank rates that may occur. Kristo Käärmann, Co-founder and Chief Executive Officer, commented: “More than 12 mil

Market impact

Extended-hours trading shows WSE at $12.25, +1.28% vs the regular close of $12.10, indicating a modestly positive initial reaction to the guidance raise and strong volume growth.

Why this matters

Wise delivered accelerating volume growth while simultaneously raising guidance — a rare combination that signals both market-share gains and pricing power in the massive cross-border payments market.

Sector context

Wise's 20%+ volume and customer growth at a 49bps take rate widens the competitive moat against legacy correspondent banks and fintech peers like Revolut and PayPal, which typically charge 100-300bps on cross-border flows.

Risk factors

Take-rate compression continued (-3bps YoY to 49bps), reflecting deliberate price investment that could pressure margins if volume growth decelerates. Interest expense on customer liabilities rose 20% YoY to $60.4M, partially offsetting interest income gains.

Related tickers

$WISE

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