Wise Group plc Class A Ordinary SharesWSE
▲ PositiveCapitalrelevance
Wise reported strong earnings and announced a $500m buyback.
Impact on stocks 1
Digital Finance & Tokenization
Wise Group plc Class A Ordinary SharesWise PLC reported a sharp rise in profit and customer activity in the 2026 financial year and unveiled plans for a new share buyback worth at least $500 million. Income before tax rose to $660.4 million, giving a margin of 26%, ahead of its medium-term target range. Net revenue increased 19% to $2.5 billion, at the top end of its long-term growth target. Growth was driven by a 21% increase in active customers to 18.9 million and a 31% rise in cross-border volumes to $243.5 billion. The company also continued to expand beyond international transfers, with customer holdings rising 40% to $39 billion and spending on Wise cards increasing 37% to $43.6 billion.
Wise Group plc Class A Ordinary SharesWise reported strong earnings and announced a $500m buyback.