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Wise announces $500m share buyback after strong 2026 profit and customer growth

Company Fundamentals
26 Jun 2026
Proactive Investors
View Source
Bullish
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Wise PLC reported a 19% increase in net revenue to $2.5 billion and a 21% rise in active customers to 18.9 million for the 2026 financial year. Profit before tax rose sharply to $660.4 million, exceeding its medium-term margin targets. The company also expanded its services with new payment system connections and licenses in several countries. Wise plans a $500 million share buyback and expects steady revenue growth and strong profit margins in 2027.

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