Earnings Releases·Nov 3, 2026, 4:01 PM ET

Flywire — Third Quarter 2026 Earnings Summary

GAAP revenue rose 25.1% year-over-year to $250.3 million, while Adjusted EBITDA surged 39.2% to $79.5 million, driven by a 27.7% increase in Total Payment Volume to $17.8 billion.
Full-year 2026 guidance was raised, increasing the FX-Neutral Revenue Less Ancillary Services growth midpoint to 25-27% and the Adjusted EBITDA margin growth midpoint to 300-360 basis points.
Strategic expansion included signing 180 new clients across 31 countries, major wins with Liquidity Services and Endeavor Health, and a new global partnership with Kinetic Software.
Capital return activity saw $59.5 million in stock repurchases for the nine months ended September 30, 2026, alongside a one-time non-cash tax benefit of $39.2 million included in Q3 net income.
Board composition changed with the resignation of Alex Finkelstein and the appointment of Sabrina Farmer, while management confirmed confidence in the raised outlook despite FX and regulatory risks.