Flywire (NASDAQ:FLYW) Releases Quarterly Earnings Results, Beats Estimates By $0.07 EPS

Flywire (NASDAQ:FLYW) issued its quarterly earnings results on Tuesday. The company reported $0.10 EPS for the quarter, beating analysts’ consensus estimates of $0.03 by $0.07, FiscalAI reports. Flywire had a return on equity of 2.76% and a net margin of 2.17%.The firm had revenue of $184.00 million during the quarter, compared to the consensus estimate of $170.24 million. During the same quarter in the prior year, the business posted ($0.03) earnings per share. Flywire’s revenue for the quarter was up 40.9% on a year-over-year basis.

Here are the key takeaways from Flywire’s conference call:

• Q1 beat and upgraded guidance — Flywire reported revenue of $184M (up 43% spot / 37% FX‑neutral), adjusted EBITDA of $39M (21.4% margin), raised full‑year revenue and EBITDA guidance, and announced an accelerated share repurchase program of up to $50M on top of prior buybacks.
• Education expansion and SFS traction — Non‑Big Four education revenue grew >40% YoY, >60% of new education clients were outside the Big Four, and Flywire signed large Student Financial Software deals (e.g., Cornell, Penn State) that support long‑term land‑and‑expand volume capture.
• Sertifi/hospitality and travel monetization — Integration of Sertifi is accelerating payment attachment and TPV growth in hospitality (strong Q1 contribution), with Flywire estimating ~$2.5B of incremental addressable volume within existing U.S. hospitality clients and a prioritized international rollout.
• AI and digital transformation driving efficiency — Management reported ~40% of customer inquiries auto‑resolved and ~30% lower support handling time, plus faster onboarding and expected productivity gains from a companywide data/AI program that should lower the structural cost of scale.
• Near‑term margin mix pressure — Adjusted gross margin declined ~400 bps driven mainly by mix (ramp of Cleveland Clinic and B2B invoice processing) and FX effects; management describes these as temporary ramps that should largely normalize by end of 2026, but they compress near‑term margins.

Flywire Stock Performance

Shares of FLYW traded up $0.31 during mid-day trading on Tuesday, reaching $14.53. 2,981,063 shares of the company’s stock traded hands, compared to its average volume of 1,743,670. The business’s 50-day moving average price is $12.57 and its 200-day moving average price is $13.12. The stock has a market capitalization of $1.76 billion, a P/E ratio of 145.31, a price-to-earnings-growth ratio of 1.19 and a beta of 1.30. Flywire has a 12 month low of $9.69 and a 12 month high of $15.25.

Insider Buying and Selling at Flywire

In related news, General Counsel Peter Butterfield sold 9,009 shares of Flywire stock in a transaction dated Thursday, March 5th. The stock was sold at an average price of $13.05, for a total transaction of $117,567.45. Following the transaction, the general counsel directly owned 532,962 shares of the company’s stock, valued at $6,955,154.10. The trade was a 1.66% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, major shareholder Voss Capital, Lp purchased 25,000 shares of the company’s stock in a transaction that occurred on Friday, February 13th. The stock was bought at an average cost of $10.99 per share, for a total transaction of $274,750.00. Following the purchase, the insider directly owned 2,300,000 shares in the company, valued at $25,277,000. This represents a 1.10% increase in their position. The SEC filing for this purchase provides additional information. Corporate insiders own 4.40% of the company’s stock.

Hedge Funds Weigh In On Flywire

Several institutional investors have recently bought and sold shares of FLYW. Wellington Management Group LLP boosted its position in Flywire by 43.8% during the fourth quarter. Wellington Management Group LLP now owns 4,828,197 shares of the company’s stock worth $68,367,000 after purchasing an additional 1,470,011 shares during the period. Marshall Wace LLP grew its holdings in shares of Flywire by 32.8% during the 3rd quarter. Marshall Wace LLP now owns 1,851,327 shares of the company’s stock worth $25,067,000 after purchasing an additional 456,783 shares in the last quarter. Primecap Management Co. CA raised its stake in shares of Flywire by 1.8% in the fourth quarter. Primecap Management Co. CA now owns 1,572,500 shares of the company’s stock valued at $22,267,000 after purchasing an additional 27,260 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Flywire by 1.6% during the 3rd quarter. Franklin Resources Inc. now owns 1,388,639 shares of the company’s stock worth $18,802,000 after acquiring an additional 22,188 shares during the period. Finally, Millennium Management LLC grew its stake in shares of Flywire by 15.1% in the 1st quarter. Millennium Management LLC now owns 1,330,971 shares of the company’s stock valued at $12,644,000 after purchasing an additional 175,007 shares during the period. 95.90% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

FLYW has been the subject of several research analyst reports. B. Riley Financial boosted their target price on shares of Flywire from $15.00 to $20.00 and gave the stock a “buy” rating in a research report on Friday, January 9th. Royal Bank Of Canada lifted their price target on Flywire from $18.00 to $20.00 and gave the stock an “outperform” rating in a research note on Wednesday, February 25th. Truist Financial cut their price objective on Flywire from $17.00 to $16.00 and set a “buy” rating on the stock in a research note on Tuesday, March 3rd. Wall Street Zen upgraded Flywire from a “hold” rating to a “buy” rating in a research report on Saturday, April 18th. Finally, Citigroup lowered their price target on Flywire from $15.00 to $13.00 and set a “neutral” rating for the company in a report on Thursday, February 26th. Six research analysts have rated the stock with a Buy rating, six have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $16.18.

Key Flywire News

Here are the key news stories impacting Flywire this week:

• Positive Sentiment: Q1 beat: Flywire reported adjusted results above estimates — diluted EPS $0.10 (vs. consensus ~$0.03) and revenue roughly $184–188M, topping Street expectations. The upside on top-line and EPS was the immediate catalyst. Flywire (FLYW) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: Capital return & guidance upgrades: Flywire announced up to $50M accelerated share repurchase and raised its FY ’26 revenue-less-ancillary growth and adjusted EBITDA margin growth at the midpoint — supportive for shareholder value and margin trajectory. Flywire Reports First Quarter 2026 Financial Results
• Positive Sentiment: Stronger cash balance & commercial momentum: Cash and equivalents rose to about $312M and management highlighted new client wins across verticals, signaling ongoing demand. Flywire Corporation (FLYW) stock rises on Q1 2026 Earnings
• Neutral Sentiment: FY guidance range vs. consensus: Management set FY2026 revenue guidance of $711.7M–$747.8M (midpoint slightly above consensus), leaving room for execution risk despite the beat. Flywire Reports First Quarter 2026 Financial Results
• Neutral Sentiment: Analyst view & targets: Wall Street coverage remains constructive (several buy ratings; median target roughly $17), which may cap downside but also limits upside unless guidance execution accelerates. Flywire Corporation (FLYW) stock rises on Q1 2026 Earnings
• Negative Sentiment: Weaker cash flow & profitability trends: Operating cash flow was negative (about -$15.8M) and operating profit/net income declined sharply year-over-year despite the EPS beat, raising questions about near-term cash generation. Flywire Corporation (FLYW) stock rises on Q1 2026 Earnings
• Negative Sentiment: Insider selling: Recent insider sales (including CFO and other officers) were disclosed, which some investors may view as a modest governance/near-term sentiment negative. Flywire Corporation (FLYW) stock rises on Q1 2026 Earnings
• Negative Sentiment: Mixed near-term guide: Q2 revenue range of $147.4M–$154.9M sits around the consensus but its midpoint is slightly below some estimates, which could temper upside in near-term quarters. Flywire Reports First Quarter 2026 Financial Results

Flywire Company Profile

Flywire Corp (NASDAQ: FLYW) is a global payments enablement and software company that specializes in facilitating complex cross-border transactions. Its cloud-based platform streamlines receivables and payer workflows across key verticals including education, healthcare, travel and hospitality, and commercial services. Flywire’s technology integrates with institutional systems to automate payment posting, reconciliation and reporting, aiming to improve the payer experience and accelerate cash flow for its clients.

Founded in 2009 by entrepreneur Iker Marcaide as peerTransfer, the company rebranded as Flywire in 2015.