WU

EX-99.1

2 wu-ex99_1.htm

EX-99.1

EX-99.1

Exhibit 99.1

FOR IMMEDIATE RELEASE

Western Union Reports First Quarter 2026 Results

• GAAP revenue of $983 million, flat versus the prior year period; adjusted revenue was down 1%

• Consumer Services GAAP revenue grew 24%, or 33% on an adjusted basis

• Branded Digital GAAP revenue grew 9%, or 6% on an adjusted basis

• GAAP EPS of $0.20, or adjusted EPS of $0.25

DENVER, April 24, 2026 – The Western Union Company (the “Company” or “Western Union”) (NYSE: WU) today reported first quarter 2026 financial results.

The Company’s first-quarter revenue of $983 million was flat relative to the prior year period on a GAAP basis, while adjusted revenue decreased 1%. The change in adjusted revenue was largely driven by growth in our Consumer Services and Branded Digital businesses, offset by macro pressure in the Americas retail business.

"First quarter results reflect the continued challenges in our Americas retail business as well as a few discrete items affecting the quarter," said Devin McGranahan, President and Chief Executive Officer. "Looking ahead, the pending acquisition of Intermex is expected to strengthen our retail capabilities in the Americas, our stablecoin launch will modernize our payment systems, and continued investment in our digital channel is preparing us for a more digitally-focused future."

First quarter GAAP EPS was $0.20, down from $0.36 in the prior year period. Adjusted EPS was $0.25 in the first quarter, down from $0.41 in the prior year period. GAAP and Adjusted EPS in the current year period were affected by a combination of largely anticipated items, including lower fixed cost coverage in our owned locations, timing of vendor incentives, and higher costs associated with new strategic partnerships, as well as a few discrete items, including a large foreign currency loss and a higher tax rate in the quarter.

Q1 Business Results

• Consumer Services segment revenue grew 24% on a GAAP basis, or 33% on an adjusted basis compared to the prior year period, driven by the expansion of our Travel Money business, which included the acquisition of Eurochange Limited, and higher revenues from our bill payment business.

• Branded Digital revenue increased 9% on a GAAP basis, and 6% on an adjusted basis, with transaction growth of 21% compared to the prior year period. The Branded Digital business represented 32% and 42% of total Consumer Money Transfer (“CMT”) revenues and transactions in the first quarter, respectively.

• CMT segment revenue decreased 3%, on a GAAP basis, while transactions were flat compared to the prior year period, and on an adjusted basis, revenues declined 6% compared to the prior year period.

Q1 Financial Results

• GAAP and adjusted operating margin in the quarter was 13%, compared to 18% and 19% in the prior year period, respectively. GAAP and adjusted operating margin were impacted by higher expenses in North America including lack of vendor incentive payments and higher commissions expense associated with the signing of new agents, foreign currency impacts and lower fixed cost coverage in our owned locations.

• The GAAP effective tax rate was 28%, compared to 16% in the prior year period. The increase in the GAAP rate was primarily due to increased discrete expenses in the current period, compared to discrete benefits in the prior period. The adjusted effective tax rate was 15% in the current year period, compared to 10% in the prior year period. The increase in the adjusted tax rate was primarily due to discrete benefits in the prior year period.

Business Development

On August 10, 2025, the company announced an agreement to acquire International Money Express, Inc. (“Intermex”). The company expects the transaction to close in the second quarter of 2026, subject to the satisfaction of customary closing conditions, including remaining regulatory approvals.

2026 Outlook

The Company is reaffirming the following financial outlook for full year 2026, which assumes no material changes in macroeconomic conditions, including changes in immigration policies, foreign currencies, Argentina inflation, or any prolonged impact or escalations of the ongoing conflicts in the Middle East.

2026 Outlook1

GAAP

Adjusted

Revenue2

5% to 8%

6% to 9%

EPS3

$1.50 to $1.60

$1.75 to $1.85

1 2026 Outlook assumes Intermex deal closes in the second quarter

2 Adjusted revenue growth excludes the impact of currency and Argentina inflation in quarters when hyperinflationary (over 50% within a quarter)

3 The GAAP effective tax rate is expected to be 20% to 22% and the adjusted effective tax rate is expected to be 13% to 15%

Non-GAAP Measures

Western Union presents non-GAAP financial measures because management believes that these metrics provide meaningful supplemental information in addition to the GAAP metrics and provide comparability and consistency to prior periods. Constant currency revenues translate revenues denominated in forei

8-K

false000136513500013651352026-02-202026-02-20

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): February 20, 2026

THE WESTERN UNION COMPANY

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-32903

20-4531180

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

7001 EAST BELLEVIEW AVENUE

Denver, Colorado

80237

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: 866 405-5012

(Former Name or Former Address, if Changed Since Last Report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 Par Value

WU

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On February 20, 2026, The Western Union Company (the “Company”) issued a press release relating to the Company’s earnings for the fourth quarter of 2025 (the “Earnings Release”). A copy of the Earnings Release is attached hereto as Exhibit 99.1. The information furnished under this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Securities Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), except as may be expressly set forth by specific reference to such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number

Description of Exhibit

99.1

Earnings press release issued by The Western Union Company on February 20, 2026.

101

Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: February 20, 2026

THE WESTERN UNION COMPANY

By:

/s/ Benjamin C. Adams

Name:

Benjamin C. Adams

Title:

Executive Vice President, Chief Legal Officer

8-K

0001365135false00013651352025-10-232025-10-23

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934

Date of Report (Date of earliest event reported): October 23, 2025

THE WESTERN UNION COMPANY

(Exact name of Registrant as Specified in Its Charter)

Delaware

001-32903

20-4531180

(State or Other Jurisdiction of Incorporation)

(Commission File Number)

(IRS Employer Identification No.)

7001 EAST BELLEVIEW AVENUE

Denver, Colorado

80237

(Address of Principal Executive Offices)

(Zip Code)

Registrant’s Telephone Number, Including Area Code: 866 405-5012

(Former Name or Former Address, if Changed Since Last Report.)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which registered

Common Stock, $0.01 Par Value

WU

The New York Stock Exchange

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 2.02. Results of Operations and Financial Condition.

On October 23, 2025, The Western Union Company (the “Company”) issued a press release relating to the Company’s earnings for the third quarter of 2025 (the “Earnings Release”). A copy of the Earnings Release is attached hereto as Exhibit 99.1. The information furnished under this Item 2.02, including Exhibit 99.1, shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the “Securities Exchange Act”), nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended (the “Securities Act”), except as may be expressly set forth by specific reference to such filing.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

Exhibit Number

Description of Exhibit

99.1

Earnings press release issued by The Western Union Company on October 23, 2025.

101

Inline XBRL Document Set for the Cover Page from this Current Report on Form 8-K, formatted as Inline XBRL

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

Dated: October 23, 2025

THE WESTERN UNION COMPANY

By:

/s/ Benjamin C. Adams

Name:

Benjamin C. Adams

Title:

Executive Vice President, Chief Legal Officer