Wise Group Plc reported fiscal‑year‑2026 (ended 31 March) income before tax of $660.4 million on net revenue of $2.50 billion, representing a 19 % year‑on‑year increase in revenue. The profit‑before‑tax margin was 26.4 %, comfortably above the company’s own medium‑term guidance range of 20‑25 %. BofA analysts noted that the profit before tax was 6.6 % ahead of their estimate and 1.3 % ahead of consensus, citing a $70 million one‑off U.S. GAAP foreign‑exchange adjustment on certain government bonds as the primary drag on operating income, which stood at $590.7 million.

Active customers grew 21 % to 19 million. Cross‑border transaction volume rose 31 % to $243.5 billion, while the cross‑border take‑rate held at 0.52 %, six basis points lower than the prior year. Card spend increased 37 % to $43.6 billion and customer holdings rose 40 % to $39 billion. Transaction revenue reached $1.89 billion. Net interest income on customer balances contributed $609.2 million to net revenue after the company paid $196.9 million in interest expense to customers.

Chief executive Kristo Käärmann highlighted that 75 % of payments in the fourth quarter were completed in under 20 seconds globally and reiterated Wise’s ambition to serve the $43 trillion of annual cross‑border money flows.

The company announced a $500 million share repurchase programme for fiscal 2027. Approximately 40 % of the programme will be allocated to the recurring Employee Share Trust purchase plan to offset dilution from share‑based compensation. Separately, $470 million is earmarked to repurchase 35.9 million shares during fiscal 2026.

For fiscal 2027, Wise guided net‑revenue growth to be around the midpoint of its 15‑20 % medium‑term target range on a constant‑currency basis, assuming no material change in interest paid to customers or central‑bank rates, and expects the income‑before‑tax margin to be near the top of the 20‑25 % range. Following the results, BofA raised its FY27 diluted earnings‑per‑share estimate by 5.7 % to 54.34 cents, citing the stronger gross‑profit margins and the announced buyback.

Wise completed its transition to a Nasdaq primary listing on 8 May via a scheme of arrangement, while retaining a secondary listing on the London Stock Exchange.