$11.42+0.03 (+0.26%)
At close: Oct 1, 2026, 4:00 PM ET
Wise Group Plc. · Financials
Is this a real, growing, cash-generative business, or a story propped up by accounting?
Business engineGrowing fast: revenue compounds ~18.2%/yr (FY24→FY26), net margin 18.5%, and free cash flow (~$7.5B) tracks net income. Earnings are cash, not paper.
The lines that matter · FY24–FY26
Revenue ($M)▲17.1%
2,699.7
FY24→FY26CAGR +18.2%/yr
Net income ($M)▼9.4%
498.7
FY24→FY26CAGR −0.3%/yr
Free cash flow ($M)▲32.8%
7,534.3
FY24→FY26CAGR +36.2%/yr
What the income statement says · FY24–FY26
Where every revenue dollar goes · FY26 ($M)
18¢ of every revenue dollar becomes profit.
Margin trend · direction beats level Gross Operating Net
Over this window: gross 100.0% → 100.0%. Net margin 18.5% is more than double the sector median.
The receipt · income statement · FY24–FY26 USD millions except per-share & ratios · hover a line for its definition
On the latest annual statement the reported earnings per share does not reconcile with net income to common shareholders divided by the reported share count (a factor of 100), so the two figures are on different bases. Both are shown as filed.
| Line item | FY26 | FY25 | FY24 | YoY | CAGR 24→26 |
|---|---|---|---|---|---|
| Revenue & profitability | |||||
Revenue | 2,699.7 | 2,304.6 | 1,933.1 | ▲17.1% | +18.2% |
Cost of revenue | 0.0 | 0.0 | 0.0 | — | — |
Gross profit | 2,699.7 | 2,304.6 | 1,933.1 | ▲17.1% | +18.2% |
Research & development | 434.3 | 314.1 | 287.6 | ▲38.3% | +22.9% |
Selling, general & admin | 381.9 | 273.4 | 194.7 | ▲39.7% | +40.1% |
Total operating expenses | 1,912.1 | 1,370.7 | 1,126.0 | ▲39.5% | +30.3% |
Operating incomefeeds ROC rank | 590.7 | 728.2 | 650.1 | ▼18.9% | −4.7% |
Other income, net | 69.7 | −10.7 | 6.6 | — | — |
Pretax income | 660.4 | 717.5 | 656.7 | ▼8.0% | +0.3% |
Income tax | 161.7 | 167.2 | 155.2 | ▼3.3% | +2.1% |
Net incomePiotroski ROA ✓feeds Buffett Quality owner earnings | 498.7 | 550.3 | 501.5 | ▼9.4% | −0.3% |
| Per share | |||||
| Margins | |||||
Gross margin96th pct in Industrials | 100.0% | 100.0% | 100.0% | ▲0.0pp | +0.0pp |
Operating margin | 21.9% | 31.6% | 33.6% | ▼9.7pp | −11.7pp |
Net margin87th pct in Industrials | 18.5% | 23.9% | 25.9% | ▼5.4pp | −7.5pp |
These lines feed the tenet checklists: see which gates passTenets →Margins & returns continue as sector-ranked ratiosStatistics →
Annual report filed 2026-06-25 · view filings on SEC EDGAR ↗ · reported currency USD · as-filed figures may be later restated.
Statements normalized in our fundamentals DB · Not investment advice.
Statements normalized in our fundamentals DB · Not investment advice.
Annual and quarterly statements as filed, normalized into one comparable shape · Not investment advice.