Western Union (WU) Earnings: Q3 2026 Results

The quarter ended September 30, 2026 and Western Union published the results on November 4, 2026. Revenue and diluted EPS are shown against Q3 2025, the same quarter a year earlier, which takes seasonal swings out of the comparison. Western Union reports EPS two ways: GAAP, under the accounting rules every US filer follows, and Adjusted EPS, which leaves out items the company considers outside its operating results. The release reconciles the two, and when they diverge, the reconciliation says why.

• Western Union's adjusted revenue excludes currency effects. Since Q2 2025 it no longer excludes Argentina inflation, which fell below 50%.
• Since Q2 2026, Branded Digital revenue and transactions include digital wallet remittances, so Branded Digital growth rates for earlier quarters differ from those first disclosed. Iraq websites and apps are excluded from Branded Digital.
• Western Union agreed on August 10, 2025 to buy International Money Express (Intermex). At the Q3 2026 release the deal still needed California's DFPI to reinstate its approval, and either side could end the agreement if it had not closed by November 10, 2026.

Source: Western Union Q3 2026 results, November 4, 2026. Also in the Form 10-Q for the quarter ended September 30, 2026. Figures as reported; checked against the release on November 10, 2026.

How Western Union splits revenue in its own release, under its own labels, for Q3 2026 against Q3 2025. Indented lines are parts of the line above them.

• Western Union's Consumer Money Transfer revenue was $857 million in Q3 2026, down 2% from $878 million in Q3 2025, 85% of total revenue.
• Western Union's Consumer Services revenue was $152 million in Q3 2026, down 2% from $155 million in Q3 2025, 15% of total revenue.

Segment lines are the figures writers cite most often, because they show where the growth in a quarter came from. Companies redraw their segments from time to time and restate the prior year to match, so a year-ago figure here can differ from the one printed a year ago. When that has happened, the note above says so.

From the earnings release

Western Union's outlook table gives adjusted EPS of $1.28 to $1.38 for 2026 with or without Intermex, and revenue growth of 0% to 1% including Intermex or a decline of 1% to 2% excluding it. It gives no GAAP EPS range.

In its Q3 2026 release, Western Union said:

“Our outlook 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 Outlook Including Intermex" includes an assumption that the Intermex transaction closes on November 10th, 2026.”

“"2026 Outlook Excluding Intermex" assumes the Intermex transaction does not close during fiscal year 2026.”

“The GAAP effective tax rate is expected to be 20% to 22% and the adjusted effective tax rate is expected to be 10% to 12%.”

Source: Western Union Q3 2026 release, Nov 4, 2026.

This is the company's own guidance as of Nov 4, 2026, quoted as given. Walnut does not make forecasts of its own. Analyst estimates for the coming quarters are on the WU forecast page.

Revenue and diluted EPS for the last 5 quarters. Each date links to that quarter's release.

GAAP revenue and diluted EPS, each as first reported in that quarter's release.

We do not hold a confirmed date for Western Union's next report. Companies post the date on their investor relations site a few weeks ahead, usually with the time of the conference call.

Each quarter keeps its own page with the figures as reported, so a link to one stays pointed at the same numbers after the next report.

• Q3 2026 (this page), reported Nov 4, 2026

Western Union's Q3 2026 revenue was $1,009.3 million, down 2% from $1,032.6 million, and down 1% on its adjusted, constant-currency basis. Consumer Money Transfer, the cross-border remittance business, brought in $857.2 million (down 2%), or 85% of revenue. Consumer Services, which includes bill payment, money orders, travel money and check cashing, brought in $152.1 million (down 2%, or up 5% adjusted). (Western Union Q3 2026 release, Nov 4, 2026; Western Union Form 10-Q, Q3 2026, Nov 4, 2026)

Western Union said the decline was largely driven by a slowdown in its North America retail business. North America region revenue fell 7% and its transactions 4%. The 10-Q links the drop to lower money sent from the United States, affected by geopolitical and macroeconomic conditions including immigration policies, and notes that since January 1, 2026 a 1% U.S. excise tax applies to certain cash-funded remittances sent abroad. (Western Union Q3 2026 release, Nov 4, 2026; Western Union Form 10-Q, Q3 2026, Nov 4, 2026)

Western Union's Branded Digital business (its own websites and apps) grew revenue 8% with 21% more transactions, and made up 32% of Consumer Money Transfer revenue and 45% of its transactions. Total Consumer Money Transfer transactions rose 2% to 72.1 million, and cross-border principal was $27.3 billion, up 1%. MEASA transactions rose 29%, driven by Branded Digital transfers that carry lower revenue per transaction. (Western Union Q3 2026 release, Nov 4, 2026; Western Union Form 10-Q, Q3 2026, Nov 4, 2026)

By region, Western Union's Consumer Money Transfer revenue in Q3 2026 split 35% North America, 31% EU & CIS, 17% MEASA, 11% LACA and 6% APAC. The 10-Q says LACA fell on decreases in Mexico, Chile and Ecuador, and APAC on Thailand and Australia, partly offset by Singapore. (Western Union Q3 2026 release, Nov 4, 2026; Western Union Form 10-Q, Q3 2026, Nov 4, 2026)

Western Union's GAAP diluted EPS fell to $0.25 from $0.43, and adjusted EPS to $0.42 from $0.47. The biggest exclusion was $37.3 million of one-time costs for its Beyond efficiency program, worth $0.12 a share, which covered a U.S. voluntary retirement program, relocating a regional operating center and other workforce reductions. Adjusted EPS also excludes non-cash tax impacts of an international reorganization ($15.0 million) and acquisition, separation and integration costs ($4.7 million). (Western Union Q3 2026 release, Nov 4, 2026; Western Union Form 10-Q, Q3 2026, Nov 4, 2026)

Western Union's GAAP effective tax rate rose to 19% from 17%, while the adjusted rate fell to 9% from 12%. GAAP operating margin was 13%, against 20% a year earlier, and adjusted operating margin 18%, against 20%. (Western Union Q3 2026 release, Nov 4, 2026)

Western Union's diluted share count fell to 313.5 million from 322.8 million. Over the first nine months of 2026 it bought back 5.7 million shares for $53.7 million at an average of $9.35, with $721.6 million left under its authorization, and it declared a quarterly dividend of $0.235 a share, $73.3 million in the quarter. (Western Union Q3 2026 release, Nov 4, 2026; Western Union Form 10-Q, Q3 2026, Nov 4, 2026)

Diluted EPS divides net income by the weighted average number of shares outstanding in the quarter, plus the shares that options and other equity awards could add. Buybacks shrink that count and lift EPS for the same profit; share issuance and stock awards enlarge it.

Western Union updated its full-year 2026 outlook with Q3 results. It expects adjusted EPS of $1.28 to $1.38 whether or not Intermex closes, and revenue growth of 0% to 1% including Intermex or a decline of 1% to 2% without it. It expects a GAAP effective tax rate of 20% to 22% and an adjusted rate of 10% to 12%, and does not give a GAAP EPS range. (Western Union Q3 2026 release, Nov 4, 2026)

The Intermex purchase, about $500 million in cash plus repaying Intermex's revolving credit debt, still needed California's DFPI to reinstate an approval it suspended on August 13, 2026. The outlook including Intermex assumes the deal closes on November 10, 2026, the date after which either side may end the merger agreement. (Western Union Q3 2026 release, Nov 4, 2026; Western Union Form 10-Q, Q3 2026, Nov 4, 2026)

A consensus figure is the average of the models published by the analysts who cover Western Union, collected by a data provider and revised up to the day of the report. A quarter that lands above it says how expectations were set as much as how the business did, and the share price on the day also reflects the guidance and the lines no consensus covers.

The consensus figures on this page are Yahoo Finance's, as pulled on the date shown. Each comes with the number of analysts behind it; the smaller that number, the more one revised estimate can move the average.

The figures below are the ones Western Union's own release and filings put weight on for Q3 2026, with the latest reported value for each.

What the quarter means for a holding is a separate question from what it reported. The case for and against owning WU is on is WU a buy or a sell?, what analysts expect next is on the WU forecast, and what the company does is on the Western Union (WU) stock page.

Every number on this page can be traced to a document Western Union published. Checking one takes a couple of minutes, and it is worth doing before you quote a figure anywhere.

• The results release is the document linked in the source line above. Companies publish it on their investor relations site at the moment results go out, and it carries the headline tables: revenue, operating income, net income and EPS for the quarter and the year-ago quarter.
• The same release is filed with the SEC as Exhibit 99.1 to a Form 8-K under Item 2.02, usually on the day of the report. The SEC copy does not change after the fact, which makes it the safer thing to link when you cite a number.
• The quarterly report (Form 10-Q) follows within a few weeks and carries the full financial statements, the segment note and management's discussion of what changed. The fourth quarter is covered by the annual report (Form 10-K) instead.
• Restated comparisons are flagged in the notes on this page. When a company redraws its segments or changes how it adjusts EPS, it restates the year-ago column, so the year-ago figure in a new release can differ from the one printed a year ago. This page always uses the comparison in the newer release, because that is the like-for-like one.

A walk-through of every line in a release, with what each one tells you, is in how to read an earnings report.