Flywire (FLYW) EBT Margin (2020 - 2026)
Flywire (FLYW) posted EBT Margin of -3.17% for Q2 2026, up 0.64 percentage points from -3.81% a year earlier but down 10.98 percentage points from the prior quarter.
Flywire (FLYW) EBT Margin (2020 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, EBT Margin at Flywire was 5.73%, up 4.69 percentage points year-over-year; for FY2025, it came in at 3.44%, up 3.06 percentage points from FY2024.
- Annual EBT Margin has increased for three consecutive years, with a five-year change of +17.31 percentage points (FY2020 to FY2025).
- In prior years, Flywire's EBT Margin was 0.38% in FY2024 (+1.46 pp), -1.08% in FY2023 (+11.83 pp), -12.91% in FY2022 (-0.02 pp) and -12.89% in FY2021 (+0.98 pp).
- Quarterly EBT Margin has run from a low of -40.18% in Q2 2022 to a high of 19.49% in Q3 2024 over five years.
- On a year-over-year basis, EBT Margin has increased in each of the last three quarters, with an average year-over-year change of +2.61 percentage points over the last eight quarters.
- The strongest year-over-year quarter for EBT Margin in the past five years was Q2 2023, with a gain of 21.68 percentage points; the weakest was Q3 2022, with a drop of 18.40 percentage points.
- According to Business Quant data, EBT Margin for the three prior quarters was 7.81% (Q1 2026), 0.20% (Q4 2025) and 15.59% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBT Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - | -32.41% |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - | 15.09% |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn | 4.56% |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn | -504.27% |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - | 25.75% |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn | 14.64% |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn | 3.14% |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn | -179.64% |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn | 11.02% |
| 10 | Flywire | 2.10 Bn | 752.23 Mn | - | -3.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -3.17% |
| Mar 31, 2026 | 7.81% |
| Dec 31, 2025 | 0.20% |
| Sep 30, 2025 | 15.59% |
| Jun 30, 2025 | -3.81% |
| Mar 31, 2025 | -3.78% |
| Dec 31, 2024 | -12.68% |
| Sep 30, 2024 | 19.49% |
| Jun 30, 2024 | -8.88% |
| Mar 31, 2024 | -4.03% |
| Dec 31, 2023 | 3.21% |
| Sep 30, 2023 | 9.24% |
| Jun 30, 2023 | -18.51% |
| Mar 31, 2023 | -3.46% |
| Dec 31, 2022 | -2.73% |
| Sep 30, 2022 | -3.14% |
| Jun 30, 2022 | -40.18% |
| Mar 31, 2022 | -14.95% |
| Dec 31, 2021 | -19.34% |
| Sep 30, 2021 | 15.25% |
Flywire EBT 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=ebt-margin&ticker=FLYW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebt-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=ebt-margin&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();