Western Union CO (WU) financial statements: income statement, balance sheet and cash flow
Western Union CO's income statement, balance sheet and cash flow statement as filed with the SEC (10-K and 10-Q), with the latest fiscal years and quarters. In its latest fiscal year (Dec 31, 2025 · FY), Western Union CO reported revenue of $4.1B (-3.8% year on year) and net income of $499.6M (-46.5% year on year).
Income statement
Western Union CO income statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Revenues
$4.1B
$4.2B
$4.4B
$4.5B
Cost of services
$2.6B
$2.6B
$2.7B
$2.6B
Selling, general, and administrative
$742.8M
$863.4M
$867.8M
$964.2M
Total expenses
$3.3B
$3.5B
$3.5B
$3.6B
Operating income
$757.3M
$725.8M
$817.5M
$884.9M
Interest income
$7.9M
$11.9M
$15.6M
$13.9M
Interest expense
($143.0M)
($119.8M)
($105.3M)
($101.0M)
Other income, net
$3.5M
$700.0K
$0
($37.5M)
Total other expense, net
($131.6M)
($107.2M)
($71.7M)
$123.7M
Income before income taxes
$625.7M
$618.6M
$745.8M
$1.0B
Provision for/(benefit from) income taxes
$126.1M
($315.6M)
$119.8M
$98.0M
Net income
$499.6M
$934.2M
$626.0M
$910.6M
Basic (USD per share)
$1.53
$2.75
$1.69
$2.35
Diluted (USD per share)
$1.52
$2.74
$1.68
$2.34
Basic (shares)
326.6M
340.0M
370.8M
387.2M
Diluted (shares)
327.6M
341.1M
371.8M
388.4M
Western Union CO income statement, quarters
Line item
Jun 30, 2026 · Q2
Mar 31, 2026 · Q1
Sep 30, 2025 · Q3
Jun 30, 2025 · Q2
Revenues
$1.0B
$982.7M
$1.0B
$1.0B
Cost of services
$676.7M
$654.9M
$643.2M
$642.8M
Selling, general, and administrative
$204.4M
$204.8M
$187.5M
$190.6M
Total expenses
$881.1M
$859.7M
$830.7M
$833.4M
Operating income
$132.1M
$123.0M
$201.9M
$192.7M
Interest income
$2.2M
$2.0M
$2.4M
$1.8M
Interest expense
($39.5M)
($36.2M)
($37.0M)
($36.7M)
Other income, net
$600.0K
$1.3M
$300.0K
$1.9M
Total other expense, net
($36.7M)
($32.9M)
($34.3M)
($33.0M)
Income before income taxes
$95.4M
$90.1M
$167.6M
$159.7M
Provision for income taxes
$18.7M
$25.4M
$28.0M
$37.6M
Net income
$76.7M
$64.7M
$139.6M
$122.1M
Basic (USD per share)
$0.25
$0.21
$0.43
$0.37
Diluted (USD per share)
$0.24
$0.20
$0.43
$0.37
Basic (shares)
312.8M
314.8M
322.1M
328.9M
Diluted (shares)
313.6M
316.8M
322.8M
329.6M
Balance sheet
Western Union CO balance sheet, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Cash and cash equivalents
$1.2B
$1.5B
$1.3B
$1.3B
Settlement assets
$3.4B
$3.4B
$3.7B
$3.5B
Property and equipment, net of accumulated depreciation of $473.5 and $454.9, respectively
$95.0M
$84.2M
$91.4M
$109.6M
Goodwill
$2.1B
$2.1B
$2.0B
$2.0B
Other intangible assets, net of accumulated amortization of $584.5 and $599.0, respectively
$356.3M
$315.4M
$380.2M
$457.9M
Deferred tax asset, net
$226.2M
$265.0M
—
—
Other assets (Note 9)
$846.4M
$811.5M
$737.0M
$859.9M
Total assets
$8.3B
$8.4B
$8.2B
$8.5B
Accounts payable and accrued liabilities
$408.4M
$407.9M
$453.0M
$464.0M
Settlement obligations
$3.4B
$3.4B
$3.7B
$3.5B
Income taxes payable
$74.7M
$272.2M
$659.5M
$725.3M
Deferred tax liability, net
$153.2M
$155.6M
$147.6M
$158.5M
Borrowings
$2.9B
$2.9B
$2.5B
$2.6B
Other liabilities (Note 9)
$384.9M
$264.3M
$268.1M
$384.6M
Total liabilities
$7.3B
$7.4B
$7.7B
$8.0B
Common stock, $0.01 par value; 2,000 shares authorized; 315.7 shares and 337.9 shares issued and outstanding as of December 31, 2025 and 2024, respectively
3.2M
3.4M
3.5M
3.7M
Capital surplus
$1.1B
$1.1B
$1.0B
$995.9M
Retained earnings/(accumulated deficit)
($11.5M)
$35.2M
($389.1M)
($353.9M)
Accumulated other comprehensive loss
($151.3M)
($140.5M)
($167.3M)
($167.9M)
Total stockholders' equity
$957.8M
$968.9M
$479.0M
$477.8M
Total liabilities and stockholders' equity
$8.3B
$8.4B
$8.2B
$8.5B
Western Union CO balance sheet, quarters
Line item
Jun 30, 2026
Mar 31, 2026
Sep 30, 2025
Jun 30, 2025
Cash and cash equivalents
$919.8M
$909.2M
$947.8M
$1.0B
Settlement assets
$3.4B
$3.5B
$3.3B
$3.4B
Property and equipment, net of accumulated depreciation of $483.7 and $473.5, respectively
$91.8M
$91.5M
$79.3M
$80.8M
Goodwill
$2.1B
$2.1B
$2.1B
$2.1B
Other intangible assets, net of accumulated amortization of $652.3 and $584.5, respectively
$386.9M
$388.8M
$362.9M
$332.1M
Deferred tax asset, net
$201.6M
$215.2M
$238.5M
$249.2M
Other assets
$852.6M
$851.6M
$800.5M
$829.3M
Total assets
$8.0B
$8.1B
$7.8B
$8.0B
Accounts payable and accrued liabilities
$407.2M
$410.9M
$429.7M
$387.5M
Settlement obligations
$3.4B
$3.5B
$3.3B
$3.4B
Income taxes payable
$62.7M
$65.6M
$54.9M
$51.7M
Deferred tax liability, net
$152.2M
$161.8M
$160.6M
$155.3M
Borrowings
$2.7B
$2.6B
$2.6B
$2.7B
Other liabilities
$356.6M
$388.5M
$353.7M
$368.9M
Total liabilities
$7.1B
$7.2B
$6.9B
$7.1B
Common stock, $0.01 par value; 2,000 shares authorized; 311.8 shares and 315.7 shares issued and outstanding as of June 30, 2026 and December 31, 2025, respectively
3.1M
3.1M
3.2M
3.2M
Capital surplus
$1.1B
$1.1B
$1.1B
$1.1B
Accumulated deficit
($83.8M)
($76.9M)
($24.4M)
($35.2M)
Accumulated other comprehensive loss
($138.8M)
($142.0M)
($156.2M)
($177.3M)
Total stockholders' equity
$914.7M
$910.5M
$925.4M
$883.6M
Total liabilities and stockholders' equity
$8.0B
$8.1B
$7.8B
$8.0B
Cash flow statement
Western Union CO cash flow statement, fiscal years
Line item
Dec 31, 2025 · FY
Dec 31, 2024 · FY
Dec 31, 2023 · FY
Dec 31, 2022 · FY
Net income
$499.6M
$934.2M
$626.0M
$910.6M
Depreciation
$35.2M
$37.4M
$39.1M
$42.7M
Amortization
$130.2M
$141.7M
$144.5M
$141.1M
Deferred income tax provision/(benefit) (Note 10)
$34.9M
($248.8M)
($11.0M)
($26.7M)
Other non-cash items, net
$124.8M
$123.5M
$113.9M
$115.4M
Other assets
($45.0M)
($125.7M)
($36.3M)
($209.2M)
Accounts payable and accrued liabilities
($39.4M)
($46.4M)
($22.4M)
$42.6M
Income taxes payable (Note 10)
($197.3M)
($394.6M)
($68.1M)
($152.7M)
Other liabilities
$700.0K
($15.0M)
$15.4M
($27.4M)
Net cash provided by operating activities
$543.7M
$406.3M
$783.1M
$581.6M
Payments for capitalized contract costs
($27.3M)
($11.8M)
($36.4M)
($71.9M)
Payments for internal use software
($85.0M)
($81.4M)
($88.5M)
($104.4M)
Purchases of property and equipment
($38.5M)
($37.4M)
($22.9M)
($31.9M)
Purchases of settlement investments
($256.3M)
($396.7M)
($495.3M)
($1.6B)
Proceeds from the sale of settlement investments
$89.2M
$356.0M
$362.0M
$1.2B
Maturities of settlement investments
$96.8M
$170.2M
$144.0M
$169.7M
Other investing activities
($9.2M)
($15.2M)
($3.7M)
$17.5M
Net cash provided by/(used in) investing activities
($230.3M)
($16.3M)
($140.8M)
$525.5M
Cash dividends and dividend equivalents paid (Note 12)
($309.0M)
($321.5M)
($349.0M)
($364.2M)
Common stock repurchased (Note 12)
($234.6M)
($186.2M)
($308.4M)
($369.9M)
Net proceeds from/(repayments of) commercial paper
$392.0M
($364.9M)
$184.9M
($95.0M)
Net proceeds from credit facility borrowings
$29.1M
—
—
—
Principal payments on borrowings
($500.0M)
—
($300.0M)
($300.0M)
Net change in settlement obligations
($159.3M)
$6.1M
($122.8M)
($56.4M)
Other financing activities
($800.0K)
($900.0K)
($1.7M)
($1.3M)
Net cash used in financing activities
($782.6M)
($69.3M)
($896.8M)
($1.2B)
Net change in cash and cash equivalents, including settlement, and restricted cash
($469.2M)
$320.7M
($254.5M)
($70.2M)
Cash and cash equivalents, including settlement, and restricted cash at beginning of period
$2.1B
$1.8B
$2.0B
$2.1B
Cash and cash equivalents, including settlement, and restricted cash at end of period
$1.6B
$2.1B
$1.8B
$2.0B
Cash and cash equivalents on balance sheet
$1.2B
$1.5B
$1.3B
$1.3B
Settlement cash and cash equivalents (Note 7)
$402.0M
$631.6M
$496.0M
$708.1M
Restricted cash in Other assets
$1.3M
$1.3M
$21.6M
$41.5M
Cash and cash equivalents, including settlement, and restricted cash
$1.6B
$2.1B
$1.8B
$2.0B
Interest paid
$147.5M
$114.0M
$102.4M
$97.2M
Income taxes paid
$295.7M
$324.9M
$197.4M
$279.8M
Cash paid for lease liabilities
$67.7M
$54.9M
$40.1M
$40.5M
Non-cash lease liabilities arising from obtaining right-of-use assets (Note 11)
$34.0M
$60.6M
$39.1M
$12.4M
Western Union CO cash flow statement, quarters
Line item
Jun 30, 2026 · YTD
Mar 31, 2026 · Q1
Sep 30, 2025 · YTD
Jun 30, 2025 · YTD
Net income
$141.4M
$64.7M
$385.2M
$245.6M
Depreciation
$17.5M
$8.5M
$26.8M
$18.2M
Amortization
$78.5M
$38.2M
$96.6M
$63.9M
Other non-cash items, net
$63.7M
$36.1M
$123.5M
$84.0M
Other assets
($43.7M)
($26.2M)
$1.7M
($23.4M)
Accounts payable and accrued liabilities
($3.9M)
$7.4M
($15.5M)
($30.4M)
Income taxes payable
($11.9M)
($9.5M)
($212.9M)
($218.1M)
Other liabilities
($27.7M)
($10.2M)
$2.9M
$8.1M
Net cash provided by operating activities
$213.9M
$109.0M
$408.3M
$147.9M
Payments for capitalized contract costs
($31.8M)
($20.7M)
($20.2M)
($4.2M)
Payments for internal use software
($39.7M)
($19.7M)
($61.9M)
($38.3M)
Purchases of property and equipment
($16.7M)
($6.4M)
($18.6M)
($10.9M)
Purchases of settlement investments
($57.9M)
($40.7M)
($230.7M)
($189.1M)
Proceeds from the sale of settlement investments
$8.5M
$4.7M
$75.3M
$47.4M
Maturities of settlement investments
$54.3M
$28.5M
$78.1M
$42.0M
Other investing activities
($41.8M)
($1.2M)
($25.0M)
($24.3M)
Net cash used in investing activities
($125.1M)
($55.5M)
($203.0M)
($177.4M)
Cash dividends and dividend equivalents paid (Note 9)
($152.8M)
($79.4M)
($234.6M)
($159.1M)
Common stock repurchased (Note 9)
($64.0M)
($52.9M)
($208.5M)
($156.2M)
Net (repayments of)/proceeds from commercial paper
($192.2M)
($92.6M)
$100.0M
$255.0M
Net proceeds from credit facility borrowings
$2.4M
—
$35.9M
$38.5M
Net proceeds from issuance of borrowings
$607.8M
$446.6M
—
—
Principal payments on borrowings
($600.0M)
($600.0M)
($500.0M)
($500.0M)
Net change in settlement obligations
$28.7M
$176.8M
($129.5M)
($151.0M)
Other financing activities
$6.0M
$1.6M
($100.0K)
($100.0K)
Net cash used in financing activities
($364.1M)
($208.2M)
($936.8M)
($672.9M)
Net change in cash and cash equivalents, including settlement, and restricted cash
($275.3M)
($154.7M)
($731.5M)
($702.4M)
Cash and cash equivalents, including settlement, and restricted cash at beginning of period
$1.6B
$1.6B
$2.1B
$2.1B
Cash and cash equivalents, including settlement, and restricted cash at end of period
$1.4B
$1.5B
$1.4B
$1.4B
Cash and cash equivalents on balance sheet
$919.8M
$909.2M
$947.8M
$1.0B
Settlement cash and cash equivalents (Note 8)
$441.5M
$572.9M
$424.8M
$380.9M
Restricted cash in Other assets
$1.1M
$900.0K
$2.8M
$4.0M
Cash and cash equivalents, including settlement, and restricted cash