Western Union Co income statement
In fiscal 2025, Western Union Co reported revenue of $4.05bn, down 3.8% on the year before, operating income of $757m (a 18.7% margin) and net income of $500m, or $1.52 per diluted share. Every line below comes from the company's 10-K and 10-Q filings; column headings link to the filing.
Income statement
| Fiscal year | 2009Dec 2009 | 2010Dec 2010 | 2011Dec 2011 | 2012Dec 2012 | 2013Dec 2013 | 2014Dec 2014 | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | 2024Dec 2024 | 2025Dec 2025 | LTMJun 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 5,084 | 5,193 | 5,491 | 5,665 | 5,542 | 5,607 | 5,484 | 5,423 | 5,524 | 5,590 | 5,292 | 4,835 | 5,071 | 4,476 | 4,357 | 4,210 | 4,051 | 4,037 |
| Cost of revenue | — | — | — | — | — | — | — | 3,267 | 3,353 | 3,301 | 3,087 | 2,827 | 2,896 | 2,626 | 2,672 | 2,621 | 2,551 | 2,620 |
| Gross profit | — | — | — | — | — | — | — | 2,156 | 2,171 | 2,289 | 2,206 | 2,009 | 2,174 | 1,849 | 1,685 | 1,589 | 1,500 | 1,417 |
| Selling, general and administrative | 926 | 914 | 1,004 | 1,141 | 1,200 | 1,169 | 1,175 | 1,669 | 1,232 | 1,167 | 1,272 | 1,041 | 1,051 | 964 | 868 | 863 | 743 | 774 |
| Operating income | 1,283 | 1,300 | 1,385 | 1,330 | 1,107 | 1,141 | 1,109 | 487 | 476 | 1,122 | 934 | 967 | 1,123 | 885 | 818 | 726 | 757 | 642 |
| Interest expense | 158 | 170 | 182 | 180 | 196 | 177 | 168 | 153 | 142 | 150 | 152 | 119 | 106 | 101 | 105 | 120 | 143 | 149 |
| Income before tax | 1,132 | 1,145 | 1,275 | 1,169 | 927 | 968 | 942 | 342 | 348 | 991 | 1,321 | 855 | 935 | 1,009 | 746 | 619 | 626 | 504 |
| Income tax | 283 | 235 | 109 | 143 | 129 | 116 | 104 | 89 | 905 | 140 | 263 | 111 | 130 | 98 | 120 | −316 | 126 | 109 |
| Net income | 849 | 910 | 1,165 | 1,026 | 798 | 852 | 838 | 253 | −557 | 852 | 1,058 | 744 | 806 | 911 | 626 | 934 | 500 | 395 |
| Diluted EPS | $1.21 | $1.36 | $1.84 | $1.69 | $1.43 | $1.59 | $1.62 | $0.51 | −$1.19 | $1.87 | $2.46 | $1.79 | $1.97 | $2.34 | $1.68 | $2.74 | $1.52 | $1.24 |
| Diluted shares (average) | 701m | 669m | 634m | 607m | 560m | 537m | 517m | 494m | 468m | 454m | 431m | 415m | 409m | 388m | 372m | 341m | 328m | 318m |
| EBITDA | 1,437 | 1,476 | 1,578 | 1,576 | 1,370 | 1,412 | 1,380 | 750 | 739 | 1,387 | 1,192 | 1,193 | 1,173 | 928 | 857 | 763 | 793 | 677 |
| Quarter | 2024 Q3Sept 2024 | 2024 Q4Dec 2024 | 2025 Q1Mar 2025 | 2025 Q2Jun 2025 | 2025 Q3Sept 2025 | 2025 Q4Dec 2025 | 2026 Q1Mar 2026 | 2026 Q2Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 1,036 | 1,058 | 984 | 1,026 | 1,033 | 1,008 | 983 | 1,013 |
| Cost of revenue | 654 | 662 | 619 | 643 | 643 | 645 | 655 | 677 |
| Gross profit | 382 | 397 | 364 | 383 | 389 | 363 | 328 | 337 |
| Selling, general and administrative | 218 | 218 | 187 | 191 | 188 | 178 | 205 | 204 |
| Operating income | 165 | 178 | 177 | 193 | 202 | 185 | 123 | 132 |
| Interest expense | 32 | 30 | 33 | 37 | 37 | 37 | 36 | 40 |
| Income before tax | 136 | 148 | 147 | 160 | 168 | 151 | 90 | 95 |
| Income tax | −129 | −238 | 24 | 38 | 28 | 37 | 25 | 19 |
| Net income | 265 | 386 | 124 | 122 | 140 | 114 | 65 | 77 |
| Diluted EPS | $0.78 | $1.13 | $0.36 | $0.37 | $0.43 | $0.35 | $0.20 | $0.24 |
| EBITDA | 174 | 188 | 187 | 201 | 211 | 194 | 132 | 141 |
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