WSE Wise Group plc

Overview and Growth

Wise Group plc generated $1.89B of revenue in fiscal 2026, with net income of $498.70M and an operating cash inflow of $7.55B. The $1.89B revenue base provides substantial context for the company’s earnings, cash generation, and capital requirements. The top line expanded 22.5% from $1.55B in fiscal 2025, increasing the company’s operating scale. Diluted earnings per share were $48.43, translating the period’s attributable earnings into the amount reported for each diluted share. Diluted EPS decreased by 8.0% from $52.63 in fiscal 2025, showing how the earnings change reached shareholders on a per-share basis. The revenue-to-assets relationship was 0.06x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

Operating income was $590.70M, the earnings remaining from reported operations after the company’s recognized operating cost structure. Operating margin measured 31.2%, showing the portion of revenue preserved after the full set of operating costs. The bottom-line result was net income of $498.70M, after the operating, financing, tax, and other items recognized for the period. Net margin was 26.3%, meaning that this portion of revenue remained as net income after all recognized expenses. The earnings statement records $660.40M of pretax income, the profit base against which the reported tax provision can be assessed. Measured against revenue, pretax income equaled 34.9%, adding a pre-tax profitability layer between revenue and net income. The reported income-tax provision was $161.70M, the amount recognized between pretax income and the final net-income result. The income-tax provision equaled 24.5% of pretax income, showing the tax burden absorbed by the year’s earnings. Return on period-end equity was 25.9%, relating annual net income to the equity capital on the balance sheet. The net-income-to-assets relationship measured 1.5%, showing earnings relative to the full balance sheet.

Liquidity and Capital Structure

Total assets were $33.26B, supported by $31.33B of liabilities and $1.93B of shareholder equity. At period end, current assets of $32.98B compared with current liabilities of $30.81B, defining the company’s short-term resource position. Current assets covered current liabilities by 1.07x, leaving a positive buffer for near-term obligations. Cash and equivalents totaled $27.80B, identifying the most liquid reported component available within the broader current-asset balance. Measured only with cash and equivalents, coverage of current liabilities was 90.3%, excluding receivables and other current assets. Borrowings totaled $334.70M, adding a fixed financing obligation alongside the company’s equity capital. Against book equity, debt measured 0.17x, placing the company’s financial leverage in clear balance-sheet terms. The debt-to-assets relationship was 1.0%, comparing borrowing with the total asset balance. The liabilities-to-assets relationship was 94.2%, placing reported obligations against the full positive asset balance. Cash and equivalents equaled 83.6% of total assets, showing the liquid cash component within the company’s broader resource base. Total assets were 34.2% higher than fiscal 2025 assets of $24.78B, measuring the company’s own balance-sheet change.

Cash Flow and Earnings Quality

The company reported $7.55B of operating cash flow, a cash inflow that shows the cash generated by operations. Operating cash flow equaled 15.15x of net income, showing how strongly accounting earnings converted into cash from operations. Capital expenditures used $19.60M, identifying the reported investment outflow deducted from operating cash flow in the free-cash-flow calculation. Capital expenditures represented 0.3% of operating cash flow, leaving the remainder available as free cash flow. The combination of operating cash flow and capital spending produced $7.53B of positive free cash flow for the period. Relative to revenue, free cash flow equaled 397.9%, showing how much sales converted into cash after investment. Free cash flow equaled 22.7% of total assets, relating post-investment cash generation to the company’s resource base.

Based on the annual report for the fiscal year ending Mar 31, 2026. Analysis generated Oct 20, 2026.