Wise Group plc (WISE) Earnings Call Transcripts

Wise Group plc's Latest Earnings Call - May 12, 2026

In the first quarter of fiscal year 2026, Wise plc reported a total revenue of $2.5 billion, reflecting a 22% year-over-year increase, primarily driven by strong customer engagement and transaction volumes. The company maintained a take rate of 52 basis points, down from previous levels, which management indicated was a strategic move to enhance customer acquisition and retention. Guidance for fiscal year 2026 was raised, with management targeting a profit before tax margin of 20-25%, up from the previous 13-16%, signaling confidence in continued growth and operational efficiency.

Reported metrics

Guidance from management

Management raised the profit before tax margin guidance to 20-25%, reflecting confidence in operational efficiencies and growth potential, while maintaining a focus on customer acquisition through strategic pricing.

What management said

If you'd like to take up on the stage, then we're more than happy to take a few questions. And we'll start in the room. And then if there are questions on the Zoom webinar, then we'll jump across to that as well. [Operator Instructions]. I'll start with Sanjay in the middle here, please.

Yes, I can continue. In the U.S., I can keep answering -- in the U.S., we have been operating for more than 10 years with our 49 monitors meter licenses. So we are very well domicile. We have also our local teams. In Austin, we have one of our biggest hubs in we continue increasing our license portfolio and our direct relationship with local regulators and payment schemes. Right now, we have been operating as a loca...

What analysts pressed on

Analysts expressed concerns regarding the sustainability of the reduced take rate and its impact on long-term profitability. There were also questions about the competitive landscape as traditional banks modernize their systems to compete with Wise.

Main topics on the call

• Revenue Growth — Wise reported total revenue of $2.5 billion for Q1 2026, a 22% increase year-over-year. Management emphasized that 'the growth is also creating a diversified business' as they continue to expand their product offerings.
• Customer Base Expansion — The active customer base grew to 19 million, with transaction volumes exceeding $240 billion. CEO Kristo Kaarmann noted, 'We still have nearly the entire road ahead of us,' indicating significant growth potential.
• Take Rate Reduction Strategy — Wise reduced its take rate to an average of 52 basis points, which management believes will enhance customer acquisition. CFO Emmanuel Thomassin stated, 'We want to generate the same margin,' indicating a focus on sustai...
• Guidance Update — Management raised the profit before tax margin guidance to 20-25%, reflecting confidence in operational efficiencies and growth potential. Emmanuel Thomassin stated, 'We will continue to use the same cost plus margin log...

Read the full Wise Group plc transcript (May 12, 2026) → Summary generated from the call transcript; every figure above is stated by management on the record.

Earnings Call History

EarningsCalls.dev has 22 Wise Group plc earnings call transcripts on record, spanning October 19, 2021 to July 16, 2026. Based on this history, Wise Group plc reports quarterly. The most recent call on file is dated July 16, 2026. The full list is below — each row opens the complete, free-to-read transcript.

Ticker

WISE

Exchange

LSE

Country

GB

Sector

Financials

Industry

Financial Services

Calls on record

22

First call

October 19, 2021

Most recent

July 16, 2026

Reporting cadence

quarterly