Flywire Reports Third Quarter 2026 Financial Results
Flywire reported Q3 2026 revenue of $250.3 million, up 25.1% year-over-year, with Total Payment Volume up 27.7% to $17.8 billion. Adjusted EBITDA grew 39.2% to $79.5 million (32.5% margin, +310 bps YoY), and GAAP net income of $74.5 million included a one-time non-cash tax benefit of roughly $39.2 million from a U.S. valuation allowance release that management does not expect to recur. Flywire raised FY26 guidance: FX-neutral revenue less ancillary services growth to 25-27% YoY and adjusted EBITDA margin growth to +300-360 bps, while noting prudent visa assumptions for its education business in Q4.
Key figures
- Eps
- 0.57
- Revenue
- 250300000
- Guidance
- FY2026 FX-Neutral Revenue Less Ancillary Services growth raised by 2 pts at midpoint to 25-27% YoY; Adjusted EBITDA margin growth raised by 30 bps to +300-360 bps YoY. Q4: FX-neutral revenue less ancillary services growth 14-20% YoY; adjusted EBITDA margin growth 330-530 bps YoY
- Revenue Yoy
- 25.1%
- Tpv yoy
- 27.7%
- Net income
- 74543000
- Gross margin
- 61.0%
- Gross profit
- 152700000
- Adjusted ebitda
- 79500000
- Adjusted ebitda yoy
- 39.2%
- One time tax benefit
- $39.2 million non-cash valuation allowance release
- Total payment volume
- 17800000000
- Adjusted ebitda margin
- 32.5%
- Diluted eps prior year
- 0.23
- Revenue less ancillary yoy
- 26.0%
- Revenue less ancillary services
- 244500000
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.