Flywire (FLYW) EBITDA Margin (2020 - 2026)
Flywire's EBITDA Margin was 2.69% in Q2 2026, up 4.39 percentage points from -1.70% a year earlier but down 7.30 percentage points from the prior quarter.
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Analysis
Flywire (FLYW) EBITDA Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flywire's EBITDA Margin was 9.58% through Jun 30, 2026, up 6.68 percentage points year-over-year; for FY2025, it was 6.00%, up 3.94 percentage points from FY2024.
- EBITDA Margin has now increased for three consecutive years, with a five-year change of +12.84 percentage points (FY2020 to FY2025).
- In earlier years, EBITDA Margin was 2.05% in FY2024 (+3.48 pp), -1.43% in FY2023 (+4.76 pp), -6.19% in FY2022 (-4.07 pp) and -2.12% in FY2021 (+4.73 pp).
- Quarterly EBITDA Margin has moved between -25.52% (Q2 2022) and 19.71% (Q3 2021) over five years.
- Compared with a year earlier, EBITDA Margin has increased for five straight quarters, with an average year-over-year change of +5.24 percentage points over the last eight quarters.
- The best year-over-year quarter for EBITDA Margin over five years was Q1 2026 (a gain of 14.10 percentage points); the worst was Q3 2022 (a drop of 12.30 percentage points).
- Per Business Quant data, FLYW's EBITDA Margin in the three quarters before Q2 2026 was 9.99% (Q1 2026), 3.84% (Q4 2025) and 19.50% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -5.44% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 19.27% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 8.19% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -370.41% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 44.11% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 35.37% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 37.59% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -24.67% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 19.18% |
| 10 | Flywire | 2.10 Bn | 752.23 Mn | - | 2.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.69% |
| Mar 31, 2026 | 9.99% |
| Dec 31, 2025 | 3.84% |
| Sep 30, 2025 | 19.50% |
| Jun 30, 2025 | -1.70% |
| Mar 31, 2025 | -4.11% |
| Dec 31, 2024 | -0.95% |
| Sep 30, 2024 | 15.63% |
| Jun 30, 2024 | -11.17% |
| Mar 31, 2024 | -1.49% |
| Dec 31, 2023 | -6.01% |
| Sep 30, 2023 | 12.80% |
| Jun 30, 2023 | -14.92% |
| Mar 31, 2023 | -3.01% |
| Dec 31, 2022 | -8.56% |
| Sep 30, 2022 | 7.41% |
| Jun 30, 2022 | -25.52% |
| Mar 31, 2022 | -6.64% |
| Dec 31, 2021 | -15.37% |
| Sep 30, 2021 | 19.71% |
API Access
Flywire EBITDA Margin 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=ebitda-margin&ticker=FLYW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();