Wise Q1 FY27 results showed 25% revenue growth, as the company posted higher cross-border volume and a record-low take rate.
Wise said net revenue reached $714.0 million in the quarter ended June 30, 2026. That was up 25% from a year earlier. Meanwhile, transaction revenue rose 27% to $540.9 million. Cross-border volume also increased 26% year on year to $69.3 billion.
Active customers climbed 21% to 11.9 million. On a constant currency basis, cross-border volume grew 24%. Customer holdings, which Wise uses as a sign of trust in its platform, rose 31% to $41.2 billion. However, the cross-border take rate fell by 2 basis points to 0.50%.
Wise Q1 FY27 Results and Pricing
Wise said the 0.50% take rate was the lowest in its history. The company said it used part of its operating leverage to lower prices for customers. Meanwhile, instant transfers made up 77% of transactions, up from 70% a year earlier.
The company kept its FY27 guidance unchanged. It still targets net revenue growth around the middle of its 15% to 20% medium-term range on a constant currency basis. Wise said that view assumes no material shifts in customer interest payments or central bank rates.
Customer Growth and FY27 Guidance
Wise said it expects its income before tax margin near the top of the 20% to 25% range. Additionally, co-founder and CEO Kristo Käärmann said the company is nearing 12 million customers moving money at record-low fees. He also said 77% of transfers now arrive instantly.
Käärmann also pointed to growth in Latin America. He said customers in Chile can now get cheaper and faster cross-border transfers, along with local instant pay-ins for multi-currency accounts. Wise said it remains focused on building what it called the network for the world’s money.
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Source: LeapRate
