Flywire (FLYW) Accumulated Expenses (2020 - 2026)
Flywire (FLYW) reported Accumulated Expenses of $56.74 million for Q2 2026, up 14.6% from $49.51 million a year earlier and up 6.2% from the prior quarter.
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Analysis
Flywire (FLYW) Accumulated Expenses (2020 - 2026) Analysis & Trends
At the end of FY2025, Flywire posted Accumulated Expenses of $55.72 million, up 13.0% from FY2024.
- Accumulated Expenses has increased for five consecutive years, with a five-year compound annual growth rate of 30.0% (FY2020 to FY2025).
- By year, Accumulated Expenses came in at $49.3 million in FY2024 (+13.8%), $43.32 million in FY2023 (+25.8%), $34.42 million in FY2022 (+51.5%) and $22.73 million in FY2021 (+51.6%).
- The Q2 2026 figure ranks as the highest quarterly Accumulated Expenses in data going back to Q4 2020.
- Year over year, Accumulated Expenses has now increased in each of the last 17 quarters, with growth averaging 16.6% over the last eight quarters.
- The year-over-year growth in Accumulated Expenses has ranged between 0.8% (Q1 2026) and 94.9% (Q2 2022) over the last five years.
- Per Business Quant data, the three quarters before Q2 2026 came in at $53.43 million (Q1 2026), $55.72 million (Q4 2025) and $52.67 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn |
| 10 | Flywire | 2.13 Bn | 776.55 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 56.74 Mn |
| Mar 31, 2026 | 53.43 Mn |
| Dec 31, 2025 | 55.72 Mn |
| Sep 30, 2025 | 52.67 Mn |
| Jun 30, 2025 | 49.51 Mn |
| Mar 31, 2025 | 53.02 Mn |
| Dec 31, 2024 | 49.30 Mn |
| Sep 30, 2024 | 46.23 Mn |
| Jun 30, 2024 | 43.54 Mn |
| Mar 31, 2024 | 37.39 Mn |
| Dec 31, 2023 | 43.32 Mn |
| Sep 30, 2023 | 38.26 Mn |
| Jun 30, 2023 | 35.04 Mn |
| Mar 31, 2023 | 34.35 Mn |
| Dec 31, 2022 | 34.42 Mn |
| Sep 30, 2022 | 29.99 Mn |
| Jun 30, 2022 | 27.46 Mn |
| Mar 31, 2022 | 21.59 Mn |
| Dec 31, 2021 | 22.73 Mn |
| Sep 30, 2021 | 18.53 Mn |
API Access
Flywire Accumulated Expenses API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FLYW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "accumulated-expenses", "ticker": "FLYW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=accumulated-expenses&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();