Filing Flows › Industrials › Flywire (FLYW)
Flywire (FLYW) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 4, 2026 · Flywire (FLYW) Q3 2026 earnings results →
Q3 2026 Revenue up 25% year over year to $250M · 30¢ of every $1 of revenue kept as net profit · operating margin 21.1%
Flywire made $250M in Q3 2026 (+25% Y/Y): Transactions $215M, Platform and other revenues $35.2M. Operating margin 21.1%, net earnings $74.5M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 4, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $250.3M in Q3 2026, up 25% year over year and up 49% from the previous quarter. Transactions was the largest line at 86% of revenue. Transactions added $47.9M year over year (up 29%), 96% of the total change.
Operating profit was $52.8M, a 21.1% margin (up 5.0 points year over year). Of the extra revenue versus Q3 2025, 41% reached operating profit, above the 16% margin then. Total costs grew 18% against revenue growth of 25%. The fastest-growing cost line was Other operating costs (+30%). Net earnings were $74.5M, up 152% year over year. The effective tax rate was -42.4%.
Operating cash flow was $125.2M (down 20% year over year), 168% of net earnings. Non-cash charges added back $17.2M of share-based compensation. Working capital and other items added $33.4M. Capital expenditures of $209K left free cash flow of $125.0M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 4, 2026 | $250M | +25% | 21.1% | $74.5M | $125M |
| Q2 2026 | 10-Q | Aug 5, 2026 | $168M | +27% | -1.7% | −$8.1M | $21.1M |
| Q1 2026 | 10-Q | May 6, 2026 | $188M | +41% | 5.7% | $12.5M | −$15.8M |
| Q4 2025 | 10-K | Feb 24, 2026 | $158M | +34% | -0.6% | $33K | $4.9M |
| Q3 2025 | 10-Q | Nov 10, 2025 | $200M | +28% | 16.1% | $29.6M | $150M |
| Q2 2025 | 10-Q | Aug 6, 2025 | $132M | +27% | -6.8% | −$12.0M | $26.0M |
| Q1 2025 | 10-Q | May 7, 2025 | $133M | +17% | -8.2% | −$4.2M | −$80.8M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
Customers and suppliers named in filings
Buys from
About Flywire
Flywire is a global payments enablement and software company. We combine our proprietary global payments network, next-gen payments platform and vertical-specific software to deliver the most important and complex payments for our clients and their customers. Flywire leverages its vertical-specific software and payments technology to deeply embed within the existing A/R workflows for its clients across the education, healthcare, and travel vertical markets, as well as in key B2B industries. Flywire also integrates with leading ERP systems, such as NetSuite, so organizations can optimize the payment experience for their customers while eliminating operational challenges.
In its own words, from its 8-K, filed Aug 4, 2026.
Flywire against its Services-Business Services, NEC peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: +25% against the peers' median +13%. Operating margin: 21.1% against the peers' median 15.3%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| FLYW Flywire | Q3 2026 | $250M | +25% | 21.1% |
| ACN Accenture | Q4 FY26 | $18.7B | +6% | 15.3% |
| UBER Uber Technologies | Q3 2026 | $14.8B | +10% | 9.8% |
| V Visa | Q4 FY26 | $12.1B | +13% | 59.8% |
| MELI MercadoLibre | Q3 2026 | $10.8B | +45% | 6.3% |
| MA Mastercard | Q3 2026 | $9.8B | +14% | 59.8% |
| PYPL PayPal Holdings | Q3 2026 | $8.6B | +2% | 16.3% |
| FISV Fiserv | Q3 2026 | $5.2B | -1% | -105.7% |
| DASH DoorDash | Q3 2026 | $4.6B | +34% | 9.6% |
Source: Flywire 10-Q on SEC EDGAR · CIK 1580560 · Services-Business Services, NEC
Guidance and outlook
13F: who owns FLYW and who is buying
More on FLYW
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results