Wise plc provides cross-border and domestic financial services for personal and business customers in the United Kingdom, rest of Europe, the Asia-Pacific, North America, and internationally.MoreShow less
Profile & Fundamentals
Wise: Company identity, ownership, reported financial performance, balance sheets, and corporate actions.
Profile & Fundamentals
Wise Profile & Fundamentals
Examine company identity, ownership, reported performance, valuation, balance-sheet resilience, dividends, buybacks, and material corporate events.
Explore this pageJump to a Profile & Fundamentals section
Explore this research
Profile & Fundamentals contents
Jump directly to any section
Company and Market Context
Company Profile & Ownership
Wise Group plc provides cross-border and domestic financial services in the United Kingdom, the rest of Europe, the Asia-Pacific, North America, and internationally. It offers money transfers, currency conversions, and account services. The company's products include Wise Account, a solution for individual customers to send, spend, hold, and get paid in one or more currencies; Wise Business, which offers the main features of the Wise Account product along with business-specific functionalities designed to enable businesses to operate internationally, including managing their accounting and accounts payable and receivables; and Wise Platform, which enables banks, financial institutions, and enterprises to integrate into a global payment infrastructure, allowing institutional partners to send and receive payments. Wise Group plc was founded in 2010 and is based in London, the United Kingdom.
Company profile record
Wise plc
Common Stock · Information Technology · Application Software
Company
- Company / asset
- Wise plc
- Security type
- Common Stock
- Sector
- Information Technology
- Industry
- Application Software
- HQ
- 🇬🇧 United Kingdom
- Head office
- Worship Square, London, United Kingdom, EC2A 4JE
Leadership & scale
- Chief executive
- Mr. Kristo Kaarmann
- CEO year born
- 1980
- Full-time employees
- 8.8K
- Fiscal year end
- March
Fundamentals snapshot
- Market Cap
- GBP 6.9B
- P/E
- 8.7x
- Revenue (Q1 26)
- USD 1.1B
- Profit (Q1 26)
- USD 190.0M
- Dividend Yield
- --
- Revenue (FY 26)
- USD 2.0B
- Shares in public float
- 723.2M
- Insider ownership
- 22.46%
Reporting & identifiers
- Symbol
- WISE.LSE
- Listing
- 🇬🇧 United Kingdom | Dividend Tax: 0%
- Ticker Currency
- GBX
- Income Statement Currency
- USD
- Balance Sheet Currency
- USD
- Cash Flow Currency
- USD
- EPS Currency
- USD
- Contract Type
- SPOT
- ISIN
- GB00BL9YR756
- Asset ID
- equity_6b33ef2c-cd56-560f-b478-26b9ed3e1f6d
Ownership
Shares Outstanding
Latest: 778.9M | Max: 1.1B | Min: 778.9M
Latest reported ownership snapshot
As of Oct 1, 2026Float Shares
92.85%
723.2M latest reported shares
Insider Ownership
22.46%
Latest reported insider stake
Short Float
1.70%
Latest reported short interest / float
Source tablesView ownership tables
Shares Outstanding
Annual reported shares outstanding; up to 10 reporting dates.
Scroll the table to see every column.
| Reporting date | Shares outstanding |
|---|---|
| 2020-01-01 | 1,013,100,000 |
| 2021-01-01 | 1,037,500,000 |
| 2022-01-01 | 1,072,600,000 |
| 2023-01-01 | 1,078,300,000 |
| 2024-01-01 | 1,048,000,000 |
| 2025-01-01 | 1,040,600,000 |
| 2026-01-01 | 778,895,600 |
Top Holders
Available reported ownership records.
No reported records are available in this preview.
Earnings, Profitability & Valuation
Earnings, Profitability & Valuation
Earnings & Revenue
Earnings and Revenue Trajectory
AI Review
The company's financial results demonstrate strong operational expansion, with fiscal 2026 net revenue reaching $2.50 billion under US GAAP, up 19% year-over-year. Underlying transaction velocity expanded briskly as cross-border payment volume grew 26% to $69.3 billion in the most recent quarter. Pre-tax profit reached $660.4 million, confirming that the core business generates healthy, sustainable profits even while intentionally lowering transfer fees for customers. Crucially, non-cross-border revenue—including debit card interchange, business account fees, and interest earned on customer deposits—now represents over half of total net income. This revenue diversification insulates overall profitability from localized foreign exchange slowdowns, transforming the business from a simple remittance broker into an indispensable multi-currency financial platform.
The company's financial results demonstrate strong operational expansion, with fiscal 2026 net revenue reaching $2.50 billion under US GAAP, up 19% year-over-year. Underlying transaction velocity expanded briskly as cross-border payment volume grew 26% to $69.3 billion in the most recent quarter. Pre-tax profit reached $660.4 million, confirming that the core business generates healthy, sustainable profits even while intentionally lowering transfer fees for customers. Crucially, non-cross-border revenue—including debit card interchange, business account fees, and interest earned on customer deposits—now represents over half of total net income. This revenue diversification insulates overall profitability from localized foreign exchange slowdowns, transforming the business from a simple remittance broker into an indispensable multi-currency financial platform.
Revenue, Net Income, and Free Cash Flow
Latest: USD 2.0B | Max: USD 5.7B | Min: USD 6.2M
Valuation
P/E Ratio (TTM)iPublished valuation snapshots use the earnings basis recorded with each observation. Source tables retain that basis.
Latest: 51x
Profitability & Margins
Margins and Operating Efficiency
AI Review
Profitability margins reflect deliberate strategic choices rather than competitive weakness. The company delivered a 26.4% pre-tax profit margin in fiscal 2026, landing slightly above management's medium-term target range of 20% to 25%. Gross margins remain exceptionally wide above 70%, proving that direct clearing connections keep the direct cost of moving money remarkably low. Management deliberately manages profit margins by returning operational efficiency gains to customers through reduced transfer fees, lowering take rates toward 50 basis points. Because transaction volume grows faster than prices decline, the business expands its absolute profits while erecting an unassailable pricing barrier that high-cost traditional banks cannot match.
Profitability margins reflect deliberate strategic choices rather than competitive weakness. The company delivered a 26.4% pre-tax profit margin in fiscal 2026, landing slightly above management's medium-term target range of 20% to 25%. Gross margins remain exceptionally wide above 70%, proving that direct clearing connections keep the direct cost of moving money remarkably low. Management deliberately manages profit margins by returning operational efficiency gains to customers through reduced transfer fees, lowering take rates toward 50 basis points. Because transaction volume grows faster than prices decline, the business expands its absolute profits while erecting an unassailable pricing barrier that high-cost traditional banks cannot match.
Profitability Margins
Latest: 57.5% | Max: 72.4% | Min: 5.0%
Latest Profitability Ratios as of 2026-03-31
Gross Margin
57.5%
Gross profit / revenue
Operating Margin
21.9%
Operating income / revenue
Net Margin
18.4%
Net income / revenue
FCF Margin
278.3%
Free cash flow / revenue
Source tablesView earnings, profitability & valuation tables
Revenue, Net Income, and Free Cash Flow
Annual reported results, using the source statement's recorded USD conversion. Up to 10 reporting periods; missing values are not estimated.
Scroll the table to see every column.
| Period end | Revenue (USD) | Net income (USD) | Free cash flow (USD) |
|---|---|---|---|
| 2018-03-30 | 164,220,000 | 8,680,000 | 263,760,000 |
| 2018-03-31 | 164,220,000 | 8,680,000 | 263,760,000 |
| 2019-03-31 | 231,270,000 | 13,390,000 | 871,260,000 |
| 2020-03-31 | 375,224,000 | 18,600,000 | 1,451,172,000 |
| 2021-03-31 | 576,770,000 | 42,333,000 | 2,809,459,000 |
| 2022-03-31 | 733,469,000 | 43,099,000 | 4,095,191,000 |
| 2023-03-31 | 1,213,149,000 | 140,220,000 | 4,810,653,000 |
| 2024-03-31 | 1,936,872,000 | 446,796,000 | 4,077,234,000 |
| 2025-03-31 | 2,329,998,000 | 537,543,000 | 5,752,110,000 |
| 2026-03-31 | 2,047,881,996 | 377,231,467 | 5,699,167,927 |
Published P/E Ratio
Published valuation snapshots retain each observation's earnings basis.
Scroll the table to see every column.
| Period end | P/E (times earnings) | Earnings basis |
|---|---|---|
| 2023-03-31 | 51.44 | Annual net income |
| 2022-03-31 | 161.38 | Annual net income |
Profitability Margins
Matching annual reporting dates. Values are percentages.
Scroll the table to see every column.
| Period end | Gross margin (%) | Operating margin (%) | Net margin (%) | Free cash flow margin (%) |
|---|---|---|---|---|
| 2018-03-30 | 66.07 | 8.1 | 5.29 | 160.61 |
| 2018-03-31 | 66.07 | 8.1 | 5.29 | 160.61 |
| 2019-03-31 | 62.06 | 6.86 | 5.79 | 376.73 |
| 2020-03-31 | 62.16 | 7.8 | 4.96 | 386.75 |
| 2021-03-31 | 61.88 | 10.67 | 7.34 | 487.1 |
| 2022-03-31 | 66.42 | 8.7 | 5.88 | 558.33 |
| 2023-03-31 | 64.71 | 15.94 | 11.56 | 396.54 |
| 2024-03-31 | 71.06 | 32.65 | 23.07 | 210.51 |
| 2025-03-31 | 72.41 | 32.09 | 23.07 | 246.87 |
| 2026-03-31 | 57.53 | 21.87 | 18.42 | 278.3 |
Public data excerpt created by iPulse AI and published by Future Edge Group FZE. Source: eodhd. Snapshot retrieved 2026-08-25.
Use is subject to the iPulse AI Terms of Service and applicable source rights. Missing inputs are not estimated. Full access includes the remaining records, research and interactive tools.
Complete Research Workspace
Unlock the complete Profile & Fundamentals
Sign in to verify your access, or upgrade to the Base plan to open the complete profile & fundamentals and available source data.