Filing Flows › Flywire (FLYW) › Q2 2026
Flywire (FLYW) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Flywire (FLYW) reported revenue of $168M for the second quarter 2026 (Q2 2026), +27% from a year earlier and -11% from the quarter before. Operating margin was -1.7%, net loss $8.1M (4.9% of revenue).
Flywire, Q2 2026: revenue $168M (+27% year over year), operating margin -1.7%, net loss $8.1M, operating cash flow $21.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $168M | -11% | +27% |
| Operating profit | −$2.8M | -126% | — |
| Net earnings | −$8.1M | -165% | — |
| Operating cash flow | $21.1M | — | +6% |
| Free cash flow | $20.8M | — | +8% |
What changed
Revenue was $167.7M in Q2 2026, up 27% year over year and down 11% from the previous quarter. Transactions was the largest line at 81% of revenue. Transactions added $35.3M year over year (up 35%), 99% of the total change.
Operating costs exceeded revenue by $2.8M, an operating margin of -1.7%. Total costs grew 21% against revenue growth of 27%. The fastest-growing cost line was Other operating costs (+35%). The quarter ended with a net loss of $8.1M, after a profit of $12.5M the previous quarter.
Operating cash flow was $21.1M (up 6% year over year). Non-cash charges added back $7.3M of depreciation and amortization and $17.3M of share-based compensation. Working capital and other items added $4.7M. Capital expenditures of $273K left free cash flow of $20.8M.
Questions
What was Flywire's revenue in the second quarter 2026?
Flywire (FLYW) reported revenue of $168M for the second quarter 2026 (Q2 2026), +27% from a year earlier and -11% from the quarter before.
Was Flywire profitable in the second quarter 2026?
Operating loss was $2.8M (-1.7% of revenue) and net loss $8.1M.
Source: Flywire 10-Q on SEC EDGAR.