Wise reported fiscal year 2026 results showing cross-border payment volume of 243.5 billion dollars, a 31 percent increase year over year, while net revenue grew 19 percent to 2.5 billion dollars. The company served 19 million customers during the period, with more than 7 million completing their first cross-border transaction on the platform.
The cross-border take rate fell to 0.51 percent in Q4 from 0.64 percent in Q1 2025, reflecting the company’s deliberate strategy of cutting fees to accelerate volume growth and drive competitors out of the margin. Wise Card spending rose 37 percent to 43.6 billion dollars, and customer holdings increased 40 percent to 39 billion dollars.
Business customers expanded 26 percent to 572,000 active accounts, with business volumes up 35 percent. The Wise Platform, which embeds cross-border payment infrastructure into other companies’ products, continues to grow as a distribution channel. The company’s partnership with Upwork demonstrates the model: 80 percent of global payments via Wise Platform are delivered instantly.
For fiscal 2027, Wise expects net revenue growth in the middle of its 15 to 20 percent medium-term guidance range, with full-year margins on the high end of 20 to 25 percent. The US became its first earnings center in FY26, marking a geographic shift from the company’s UK origins.
