Flywire — Third Quarter 2026 Earnings Summary
Flywire reported third-quarter 2026 revenue of $250.3 million, representing a 25.1% year-over-year increase, while revenue less ancillary services grew 26.0% to $244.5 million. The company achieved net income of $74.5 million, a figure significantly boosted by a $39.2 million non-cash tax benefit from the release of a U.S. valuation allowance, and reported adjusted EBITDA of $79.5 million with a margin of 32.5%. Total payment volume expanded 27.7% to $17.8 billion, driven by strategic enterprise wins in education, healthcare, and travel sectors alongside the expansion of its Student Financial Software platform. Based on these results, Flywire raised its full-year 2026 guidance for FX-neutral revenue growth to a midpoint of 26% and adjusted EBITDA margin growth to a midpoint of 330 basis points.
- Company
- FLYWIRE CORP
- Sector
- Technology
- Industry
- Software - Infrastructure