**Summary of Wise PLCs Half-Year Results for FY26 (Ended 30 September 2025)**
Wise PLC reported strong financial performance for the first half of FY26, driven by strategic investments in infrastructure, product innovation, and partnerships to capture a larger share of the £32 trillion cross-border payments market. Key highlights include
### **Financial Performance**
**Revenue Growth**Revenue increased by 11% to £658.0 million (H1 FY25: £591.9 million).
**Active Customers**Active customers grew by 18% to 13.4 million, with cross-border volume up 24% to £84.9 billion.
**Customer Holdings**Customer holdings rose 37% to £25.3 billion, including £5 billion in the Wise Assets feature.
**Underlying Profit Before Tax (PBT)**Underlying PBT was £122.0 million, with a margin of 16.3%, reflecting continued investment in growth.
**Reported Profit Before Tax**Reported PBT was £254.6 million, down 13% due to strategic investments and lower interest yields.
### **Operational Highlights**
**Infrastructure Expansion**Wise became a direct participant in 7 domestic payment systems, including Pix (Brazil) and Zengin (Japan), with 74% of transfers completed instantly.
**Regulatory Approvals**Secured approvals in the UAE to expand product offerings in the region.
**Product Enhancements**Launched Travel Hub for travelers, accounts for under-18s, and Wise Assets in Brazil.
**Partnerships**Announced new Wise Platform partnerships with Upwork, MBSB Bank, and Lunar, contributing to 5% of total cross-border volume.
### **Strategic Investments**
**Team Growth**: Added over 1000 employeesfocusing on servicingcomplianceand AI-driven efficiencies.
**Marketing**Increased brand marketing spend across key markets to drive awareness and organic growth.
**Technology**Invested £144 million in product development, enhancing core products and launching new features.
### **Future Outlook**
**Dual Listing**On track for a US listing in Q2 2026 to increase visibility and access to capital.
**Growth Targets**Reiterated guidance for 15-20% underlying income growth and a 16% PBT margin for FY26, excluding dual-listing costs.
**Innovation**Exploring stablecoins and digital assets while ensuring regulatory compliance and financial crime prevention.
### **Management Commentary**
CEO Kristo Käärmann emphasized Wise’s focus on long-term growth, infrastructure improvements, and product innovation to achieve its vision of becoming the global network for cross-border payments. CFO Emmanuel Thomassin highlighted disciplined capital allocation and sustainable growth, with investments balanced against profitability.
### **Conclusion**
Wise PLC continues to strengthen its position in the cross-border payments market through strategic investments, regulatory advancements, and product enhancements. Despite short-term margin pressures, the company remains focused on long-term growth and profitability, supported by a robust financial framework and expanding global footprint.