Flywire (NASDAQ:FLYW) Announces Earnings Results

Flywire (NASDAQ:FLYW) released its 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 3.82% and a net margin of 4.45%.The company had revenue of $184.00 million during the quarter, compared to the consensus estimate of $170.24 million. During the same quarter last year, the company earned ($0.03) earnings per share. Flywire’s quarterly revenue was up 40.9% compared to the same quarter last year.

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

Flywire stock traded up $0.24 during midday trading on Thursday, reaching $17.75. 2,139,211 shares of the company were exchanged, compared to its average volume of 1,774,331. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 77.24, a P/E/G ratio of 1.21 and a beta of 1.30. The firm’s 50-day simple moving average is $12.71 and its 200-day simple moving average is $13.15. Flywire has a 1 year low of $9.97 and a 1 year high of $18.05.

Insider Transactions at Flywire

In related news, major shareholder Voss Capital, Lp purchased 25,000 shares of the business’s stock in a transaction on Friday, February 13th. The shares were bought at an average price of $10.99 per share, with a total value of $274,750.00. Following the completion of the purchase, the insider directly owned 2,300,000 shares in the company, valued at approximately $25,277,000. This trade represents a 1.10% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available at this hyperlink. Also, General Counsel Peter Butterfield sold 9,009 shares of Flywire stock in a transaction on Thursday, March 5th. The shares were sold at an average price of $13.05, for a total transaction of $117,567.45. Following the completion of the transaction, the general counsel owned 532,962 shares in the company, valued at approximately $6,955,154.10. This trade represents a 1.66% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Company insiders own 4.40% of the company’s stock.

Institutional Inflows and Outflows

Several large investors have recently made changes to their positions in FLYW. Global Retirement Partners LLC purchased a new stake in Flywire during the fourth quarter valued at about $32,000. Daiwa Securities Group Inc. raised its holdings in shares of Flywire by 78.4% in the 2nd quarter. Daiwa Securities Group Inc. now owns 5,681 shares of the company’s stock worth $66,000 after purchasing an additional 2,497 shares during the period. Arrowstreet Capital Limited Partnership purchased a new stake in shares of Flywire during the 2nd quarter worth about $119,000. Royal Bank of Canada grew its holdings in shares of Flywire by 13.6% during the 4th quarter. Royal Bank of Canada now owns 9,025 shares of the company’s stock worth $128,000 after purchasing an additional 1,081 shares during the period. Finally, Russell Investments Group Ltd. increased its position in Flywire by 220.8% during the 3rd quarter. Russell Investments Group Ltd. now owns 10,216 shares of the company’s stock worth $138,000 after purchasing an additional 7,031 shares in the last quarter. 95.90% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of research firms have commented on FLYW. The Goldman Sachs Group reissued a “neutral” rating and issued a $17.00 target price on shares of Flywire in a report on Wednesday. Stephens raised Flywire from an “equal weight” rating to an “overweight” rating and raised their target price for the company from $17.00 to $19.00 in a report on Friday, January 16th. Weiss Ratings reissued a “sell (d)” rating on shares of Flywire in a report on Tuesday, April 21st. Royal Bank Of Canada raised their target price on Flywire from $18.00 to $20.00 and gave the company an “outperform” rating in a report on Wednesday, February 25th. Finally, Citigroup dropped their price target on Flywire from $15.00 to $13.00 and set a “neutral” rating for the company in a research report on Thursday, February 26th. Eight investment analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, Flywire has an average rating of “Moderate Buy” and a consensus target price of $17.92.

About Flywire

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.