Filing Flows › Flywire (FLYW) › Q3 2026
Flywire (FLYW) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 4, 2026
Flywire (FLYW) reported revenue of $250M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +49% from the quarter before. Operating margin was 21.1%, net earnings $74.5M (29.8% of revenue).
Flywire, Q3 2026: revenue $250M (+25% year over year), operating margin 21.1%, net earnings $74.5M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $250M | +49% | +25% |
| Operating profit | $52.8M | — | +64% |
| Net earnings | $74.5M | — | +152% |
| Operating cash flow | $125M | +493% | -20% |
| Free cash flow | $125M | +500% | -20% |
What changed
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.
Questions
What was Flywire's revenue in the third quarter 2026?
Flywire (FLYW) reported revenue of $250M for the third quarter 2026 (Q3 2026), +25% from a year earlier and +49% from the quarter before.
Was Flywire profitable in the third quarter 2026?
Operating profit was $52.8M (21.1% of revenue) and net earnings $74.5M.
Source: Flywire 10-Q on SEC EDGAR.