Flywire (FLYW) Cost of Revenue (2020 - 2026)

Flywire has disclosed Cost of Revenue across 7 years of filings, most recently posting $40.5 million for Q1 2026.

• Cost of Revenue for Q1 2026 came in at $40.5 million, up 10.73% year-over-year; the trailing twelve-month figure through Mar 2026 was $160.9 million (up 18.39% YoY), and the FY2025 annual result was $157.0 million, up 21.29% from the prior year.
• Cost of Revenue came in at $40.5 million for Q1 2026 at Flywire, up from $40.1 million in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $41.9 million in Q3 2025 to a low of $17.6 million in Q1 2022.
• The 5-year median for Cost of Revenue is $30.1 million (2024), against an average of $30.2 million.
• Across the five-year window, Cost of Revenue jumped 73.18% in 2022 and advanced 10.73% in 2026, its largest moves.
• Flywire's Cost of Revenue stood at $20.3 million in 2022, then soared by 42.11% to $28.8 million in 2023, then advanced by 15.69% to $33.4 million in 2024, then advanced by 20.33% to $40.1 million in 2025, then climbed by 0.89% to $40.5 million in 2026.
• The last three Cost of Revenue figures came in at $40.5 million (Q1 2026), $40.1 million (Q4 2025), and $41.9 million (Q3 2025), per Business Quant data.