Wise (LSE: WISE) Reaffirms Full-Year Outlook After Q1 Revenue Jumps 25% to $714 Million

Wise reported strong first-quarter results for fiscal year 2027 on July 16, 2026. Net revenue rose 25% year-over-year to $714.0 million for the quarter ended June 30. Transaction revenue climbed 27% to $540.9 million, driven by rising cross-border volumes.

Wise reaffirmed its full-year guidance, targeting revenue growth in the middle of its 15-20% range. Active customers reached 11.9 million, up 21% from a year earlier.

Wise’s Core Growth Metrics This Quarter

Wise (NASDAQ: WISE) moved $69.3 billion in cross-border volume during the quarter, up 26% year-over-year. That figure represents 24% growth when measured on a constant currency basis. Customer holdings jumped 31% to $41.2 billion, showing deepening platform trust. The cross-border take rate dipped 2 basis points to 0.50%, its lowest level ever. Wise said this reflects a deliberate choice to reinvest margin into lower customer prices.

• Cross-border revenue reached $350 million, up 22% year-over-year.
• Card and other revenue grew 38% to $191 million.
• Interest income from customer balances rose 15% to $225.4 million.

Instant Transfers and Platform Diversification

Wise continued shifting its business mix beyond pure cross-border transfers this quarter. Non-cross-border activities now account for 51% of total net revenue. Instant transfers rose to 77% of all transactions, up from 70% last year. CEO Kristo Käärmann said customers paid an average fee of just 50 basis points. That marks the lowest fee level Wise has ever recorded for its users.

Full-Year Guidance and Margin Outlook

Wise reaffirmed its FY2027 net revenue growth guidance at the midpoint of 15% to 20%. The company also expects income before tax margin near the top of its 20-25% range. Management said this outlook assumes no material shifts in central bank interest rates. Wise’s FY2026 results, reported June 25, showed 19 million customers moved $243 billion globally. This quarter’s momentum suggests Wise remains on track to meet its FY2027 targets.

• FY2026 total customers moved reached 19 million people and businesses.
• FY2026 total volume moved hit $243 billion across the platform.
• New licenses were secured in South Africa, UAE, and Thailand during FY2026.

Expansion Into New Markets

Wise expanded its Latin American footprint recently, adding new services for Chilean customers. Chile customers can now send money across borders and top up multi-currency accounts. The company also went live with direct banking connections in Brazil and Japan. New platform partnerships with Raiffeisen Bank and UniCredit extend Wise’s institutional reach further. These moves support Wise’s broader strategy of embedding services within partner banking networks.

Wise reports strong Q1 FY27 growth as customer numbers and cross-border payments continue to expand (WSE) https://t.co/9txdtHEIDf

— ADVFN (@advfn) July 17, 2026

Stock Performance and Market Reaction

Wise shares traded at $948.80 following the results, down 1.19% from the prior close. The stock’s 52-week range spans $754 to $1,163, reflecting notable volatility this year. Wise trades on both the London Stock Exchange and Nasdaq under the ticker WSE. Fintech peers like PayPal and Revolut continue competing for cross-border payment market share. 

Analysts note Wise’s diversification into non-transfer revenue reduces reliance on currency volume alone.

• Wise shares fell modestly despite beating prior-year revenue growth rates.
• The stock remains well below its 52-week high of $1,163.
• Short interest in Wise shares remains low, per recent trading data.

Final Thoughts

Wise’s Q1 FY2027 results confirm steady execution across its core money transfer business. Revenue growth of 25% and reaffirmed guidance signal confidence despite a slightly lower take rate. Growing customer holdings and instant transfer adoption point toward improving platform efficiency.

Analysts will watch whether Wise’s Latin American and Asian expansion sustains this growth pace. With diversification now over half of revenue, Wise looks less dependent on cross-border volume alone. The company’s next trading update should clarify whether full-year targets stay firmly on track.

Disclaimer:

The content shared by Meyka AI PTY LTD is for research and informational purposes only. Meyka is not a financial advisory service, and the information provided should not be treated as investment or trading advice.