Flywire CorpFLYWEarnings & Financial Report
Flywire Corp is a global payment and receivables solutions provider serving core verticals including education, healthcare, travel, and B2B commerce. It offers secure cross-border payment processing, currency conversion, and workflow tools for organizations and payers worldwide.
Revenue
$131.9M
Gross Profit
N/A
Operating Profit
$-9.0M
Net Profit
$-12.0M
Gross Margin
N/A
Operating Margin
-6.8%
Net Margin
-9.1%
YoY Growth
27.2%
EPS
$-0.10
Flywire Corp Q2 FY2025 Financial Summary
Flywire Corp reported revenue of $131.9M (up 27.2% YoY) for Q2 FY2025, with a net profit of $-12.0M (up 13.5% YoY) (-9.1% margin).
Key Financial Metrics
| Total Revenue | $131.9M |
|---|---|
| Net Profit | $-12.0M |
| Gross Margin | N/A |
| Operating Margin | -6.8% |
| Report Period | Q2 FY2025 |
Revenue Breakdown
Flywire Corp Q2 FY2025 revenue of $131.9M breaks down across 3 segments, led by Transactions at $100.6M (76.3% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Transactions | $100.6M | 76.3% |
| Platform And Other Revenues | $31.3M | 23.7% |
| Sertifi | $4.7M | 3.6% |
Flywire Corp Revenue by Segment — Quarterly Trend
Flywire Corp revenue by segment across the last 4 reported quarters, showing how each business line (such as Transactions and Platform And Other Revenues) has evolved quarter over quarter.
| Segment | Q4 FY2025 | Q3 FY2025 | Q2 FY2025 | Q1 FY2025 |
|---|---|---|---|---|
| Transactions | $126.4M | $167.2M | $100.6M | $108.5M |
| Platform And Other Revenues | $31.1M | $33.0M | $31.3M | $25.0M |
| Sertifi | — | $7.8M | $4.7M | $1.7M |
Flywire Corp Annual Revenue by Year
Flywire Corp annual revenue history includes year-by-year totals (for example, 2025 revenue was $623.0M).
| Year | Annual Revenue |
|---|---|
| 2025 | $623.0M |
| 2024 | $492.1M |
| 2023 | $403.1M |
| 2022 | $289.4M |
Flywire Corp Quarterly Revenue & Net Profit History
Flywire Corp results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $157.5M | +34.0% | $33.0K | 0.0% |
| Q3 FY2025 | $200.1M | +27.6% | $29.6M | 14.8% |
| Q2 FY2025 | $131.9M | +27.2% | $-12.0M | -9.1% |
| Q1 FY2025 | $133.5M | +17.0% | $-4.2M | -3.1% |
| Q4 FY2024 | $117.5M | +16.9% | $-15.9M | -13.5% |
| Q3 FY2024 | $156.8M | +27.2% | $38.9M | 24.8% |
| Q2 FY2024 | $103.7M | +22.2% | $-13.9M | -13.4% |
| Q1 FY2024 | $114.1M | +20.9% | $-6.2M | -5.4% |
Income Statement
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $114.1M | $103.7M | $156.8M | $117.5M | $133.5M | $131.9M | $200.1M | $157.5M |
| YoY Growth | 20.9% | 22.2% | 27.2% | 16.9% | 17.0% | 27.2% | 27.6% | 34.0% |
Balance Sheet
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $998.7M | $998.7M | $1.24B | $1.12B | $1.06B | $1.11B | $1.26B | $1.25B |
| Liabilities | $201.7M | $196.2M | $396.8M | $307.7M | $276.1M | $321.9M | $430.7M | $418.1M |
| Equity | $-797.0M | $802.6M | $843.2M | $814.8M | $784.3M | $792.4M | $829.1M | $835.2M |
Cash Flow
| Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-38.1M | $-19.3M | $184.6M | $-28.6M | $-78.9M | $24.1M | $150.1M | $4.9M |