NASDAQ$FLYW

Flywire Corporation · Q1 2026 earnings

Q1 2026 earnings · · Investor relations

Briefing

Flywire reported Q1 2026 total revenue of $188.1M (+41% YoY), net income of $12.5M, and diluted EPS of $0.10.

For the quarter ended March 31, 2026, Flywire delivered total revenue of $188.1 million versus $133.5 million and net income of $12.5 million ($0.10 diluted EPS) compared with a $4.2 million loss. Payments volume growth in education and B2B verticals drove operating income of $10.8 million; FX remeasurement gains aided other income.

  • Total revenue $188.1M (+41% YoY).
  • Net income $12.5M; diluted EPS $0.10.
  • Operating income $10.8M swing from prior loss.
  • Payment processing costs scaled with volume.
  • Cross-border payments TAM expansion.

Headline financials

Total Revenue

$188M

Previous: $133M+41.0%
EPS (adj)

$0.10

Previous: -$0.03+433.3%
Capital Expenditures

-$139K

Previous: -$187K+25.7%
Net Income

$12.5M

Previous: -$4.16M+400.9%
Operating Income

$10.8M

Previous: -$11M+198.1%

Revenue & EPS history

Flywire · Revenue · Quarterly

$188M

Q1 2026+41%vs Q1 2025
Beat estimate in 11 of 15 quarters(73%)
ActualEstimate

Forward guidance

Payments company discusses volume growth and margin targets on earnings calls.

Tailwinds

  • Strong revenue growth and profitability inflection.

Headwinds

  • FX and transaction mix can swing quarterly results.
  • Competition in global payments.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2026

Historical avgQ1 2026

-0.1%

Avg return

Earnings day

+2.4%

Avg return

5 days after

+2.0%

Avg return

30 days after

64%

14 / 22 earnings

Positive

+19.6%

Q4 2023

Best reaction

-37.4%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+2.2%+21.2%+2.5%
Q4 2025+11.4%+10.6%+1.1%
Q3 2025+0.1%+2.2%+0.5%
Q1 2025+8.4%+12.5%+4.6%
Q4 2024-37.4%-39.0%-45.6%
Q3 2024+16.9%+26.1%+19.6%
Q2 2024+1.5%+0.0%-2.6%
Q1 2024-13.8%-12.1%-13.2%
Q4 2023+19.6%+17.1%+2.9%
Q3 2023-24.2%-27.1%-17.9%
Q2 2023+2.3%-8.3%-2.2%
Q1 2023-0.9%-0.1%+8.5%
Q4 2022+5.0%+12.7%+18.3%
Q3 2022+6.0%+22.9%+19.2%
Q2 2022+10.2%+8.6%+6.0%
Q1 2022-14.0%-10.5%-20.9%
Q4 2019+5.9%+8.8%+10.7%
Q4 2021+1.8%-3.1%+22.7%
Q3 2020-1.3%+0.1%-9.1%
Q3 2021-0.6%-1.3%-11.8%
Q4 2020-4.5%-1.1%+16.9%
Q2 2021+3.9%+11.8%+34.1%
Q1 2021
Q2 2020
Q1 2020

Discussion

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