Western Union annual gross margin
2007
2008
2009
2010
2011
2012
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2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Western Union Gross Margin Growth & History (WU)
Western Union's gross margin was 34.26% for fiscal 2025.
View full Western Union company overviewWestern Union annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 34.26% | −0.67 pp |
| 2024 | 2024-12-31 | 34.93% | −0.82 pp |
| 2023 | 2023-12-31 | 35.75% | −2.51 pp |
| 2022 | 2022-12-31 | 38.26% | −2.21 pp |
| 2021 | 2021-12-31 | 40.47% | +1.58 pp |
| 2020 | 2020-12-31 | 38.89% | +0.21 pp |
| 2019 | 2019-12-31 | 38.68% | +0.00 pp |
| 2018 | 2018-12-31 | 38.68% | −0.63 pp |
| 2017 | 2017-12-31 | 39.30% | −0.46 pp |
| 2016 | 2016-12-31 | 39.76% | −1.90 pp |
| 2015 | 2015-12-31 | 41.66% | +0.46 pp |
| 2014 | 2014-12-31 | 41.19% | −0.43 pp |
| 2013 | 2013-12-31 | 41.63% | −1.99 pp |
| 2012 | 2012-12-31 | 43.61% | +0.10 pp |
| 2011 | 2011-12-31 | 43.51% | +0.87 pp |
| 2010 | 2010-12-31 | 42.64% | −0.81 pp |
| 2009 | 2009-12-31 | 43.45% | +2.00 pp |
| 2008 | 2008-12-31 | 41.44% | −1.25 pp |
| 2007 | 2007-12-31 | 42.69% | — |
Western Union quarterly gross margin
Q1.08
Q2.08
Q3.08
Q4.08
Q1.09
Q2.09
Q3.09
Q4.09
Q1.10
Q2.10
Q3.10
Q4.10
Q1.11
Q2.11
Q3.11
Q4.11
Q1.12
Q2.12
Q3.12
Q4.12
Q1.13
Q2.13
Q3.13
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Q2.14
Q3.14
Q4.14
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Q2.15
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Q2.16
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Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 30.37% | −4.27 pp |
| Q1 2026 | 2026-03-31 | 30.97% | −3.07 pp |
| Q4 2025 | 2025-12-31 | 33.60% | −1.35 pp |
| Q3 2025 | 2025-09-30 | 34.72% | +0.51 pp |
| Q2 2025 | 2025-06-30 | 34.65% | −0.31 pp |
| Q1 2025 | 2025-03-31 | 34.04% | −1.56 pp |
| Q4 2024 | 2024-12-31 | 34.96% | −0.47 pp |
| Q3 2024 | 2024-09-30 | 34.21% | −0.53 pp |
| Q2 2024 | 2024-06-30 | 34.96% | −2.09 pp |
| Q1 2024 | 2024-03-31 | 35.59% | −0.11 pp |
| Q4 2023 | 2023-12-31 | 35.42% | +1.04 pp |
| Q3 2023 | 2023-09-30 | 34.73% | −3.69 pp |
| Q2 2023 | 2023-06-30 | 37.04% | −2.52 pp |
| Q1 2023 | 2023-03-31 | 35.70% | −4.78 pp |
| Q4 2022 | 2022-12-31 | 34.38% | −7.46 pp |
| Q3 2022 | 2022-09-30 | 38.43% | −3.04 pp |
| Q2 2022 | 2022-06-30 | 39.57% | +0.50 pp |
| Q1 2022 | 2022-03-31 | 40.48% | +1.02 pp |
| Q4 2021 | 2021-12-31 | 41.84% | +3.43 pp |
| Q3 2021 | 2021-09-30 | 41.47% | +0.90 pp |
| Q2 2021 | 2021-06-30 | 39.07% | +1.80 pp |
| Q1 2021 | 2021-03-31 | 39.47% | +0.34 pp |
| Q4 2020 | 2020-12-31 | 38.41% | +1.07 pp |
| Q3 2020 | 2020-09-30 | 40.57% | +2.65 pp |
| Q2 2020 | 2020-06-30 | 37.27% | −1.84 pp |
| Q1 2020 | 2020-03-31 | 39.12% | +0.67 pp |
| Q4 2019 | 2019-12-31 | 37.34% | +1.00 pp |
| Q3 2019 | 2019-09-30 | 37.92% | −1.10 pp |
| Q2 2019 | 2019-06-30 | 39.11% | +0.02 pp |
| Q1 2019 | 2019-03-31 | 38.45% | −0.23 pp |
| Q4 2018 | 2018-12-31 | 36.34% | −3.24 pp |
| Q3 2018 | 2018-09-30 | 39.02% | −1.10 pp |
| Q2 2018 | 2018-06-30 | 39.09% | +0.22 pp |
| Q1 2018 | 2018-03-31 | 38.68% | +0.09 pp |
| Q4 2017 | 2017-12-31 | 39.57% | +0.99 pp |
| Q3 2017 | 2017-09-30 | 40.12% | −0.15 pp |
| Q2 2017 | 2017-06-30 | 38.87% | −1.38 pp |
| Q1 2017 | 2017-03-31 | 38.58% | −1.36 pp |
| Q4 2016 | 2016-12-31 | 38.58% | −2.65 pp |
| Q3 2016 | 2016-09-30 | 40.27% | −1.32 pp |
| Q2 2016 | 2016-06-30 | 40.26% | −1.97 pp |
| Q1 2016 | 2016-03-31 | 39.94% | −1.63 pp |
| Q4 2015 | 2015-12-31 | 41.23% | +0.24 pp |
| Q3 2015 | 2015-09-30 | 41.60% | −0.07 pp |
| Q2 2015 | 2015-06-30 | 42.22% | +1.12 pp |
| Q1 2015 | 2015-03-31 | 41.57% | +0.59 pp |
| Q4 2014 | 2014-12-31 | 41.00% | +0.47 pp |
| Q3 2014 | 2014-09-30 | 41.67% | −0.25 pp |
| Q2 2014 | 2014-06-30 | 41.11% | −0.32 pp |
| Q1 2014 | 2014-03-31 | 40.98% | −1.72 pp |
| Q4 2013 | 2013-12-31 | 40.52% | −2.10 pp |
| Q3 2013 | 2013-09-30 | 41.92% | −2.06 pp |
| Q2 2013 | 2013-06-30 | 41.43% | −2.61 pp |
| Q1 2013 | 2013-03-31 | 42.70% | −1.10 pp |
| Q4 2012 | 2012-12-31 | 42.63% | −2.01 pp |
| Q3 2012 | 2012-09-30 | 43.99% | +0.69 pp |
| Q2 2012 | 2012-06-30 | 44.04% | −0.03 pp |
| Q1 2012 | 2012-03-31 | 43.81% | +1.90 pp |
| Q4 2011 | 2011-12-31 | 44.64% | +2.38 pp |
| Q3 2011 | 2011-09-30 | 43.29% | −0.10 pp |
| Q2 2011 | 2011-06-30 | 44.07% | +1.21 pp |
| Q1 2011 | 2011-03-31 | 41.90% | −0.13 pp |
| Q4 2010 | 2010-12-31 | 42.26% | +0.32 pp |
| Q3 2010 | 2010-09-30 | 43.40% | −0.09 pp |
| Q2 2010 | 2010-06-30 | 42.85% | −1.31 pp |
| Q1 2010 | 2010-03-31 | 42.03% | −2.27 pp |
| Q4 2009 | 2009-12-31 | 41.94% | −0.04 pp |
| Q3 2009 | 2009-09-30 | 43.49% | +0.52 pp |
| Q2 2009 | 2009-06-30 | 44.17% | +3.51 pp |
| Q1 2009 | 2009-03-31 | 44.30% | +4.22 pp |
| Q4 2008 | 2008-12-31 | 41.98% | — |
| Q3 2008 | 2008-09-30 | 42.97% | — |
| Q2 2008 | 2008-06-30 | 40.66% | — |
| Q1 2008 | 2008-03-31 | 40.07% | — |
Western Union gross margin trends
Over the last five fiscal years, Western Union's gross margin decreased from 38.89% to 34.26%, a change of −4.63 percentage points. The latest reported quarter, Q2 2026, shows 30.37%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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