Growth Metrics

Flywire (FLYW) Gross Margin (2020 - 2026)

Flywire has reported Gross Margin over the past 7 years, most recently at 78.47% for Q1 2026.

  • Quarterly results put Gross Margin at 78.47% for Q1 2026, up 588.0% from a year ago — trailing twelve months through Mar 2026 was 76.26% (up 283.0% YoY), and the annual figure for FY2025 was 74.8%, up 110.0%.
  • Gross Margin reached 78.47% in Q1 2026 per FLYW's latest filing, up from 74.53% in the prior quarter.
  • Across five years, Gross Margin topped out at 79.06% in Q3 2025 and bottomed at 66.59% in Q2 2022.
  • Median Gross Margin over the past 5 years was 72.72% (2022), compared with a mean of 73.44%.
  • The largest annual shift saw Gross Margin tumbled -426bps in 2022 before it skyrocketed 588bps in 2026.
  • Over 5 years, Gross Margin stood at 72.23% in 2022, then dropped by -1bps to 71.33% in 2023, then increased by 0bps to 71.63% in 2024, then grew by 4bps to 74.53% in 2025, then rose by 5bps to 78.47% in 2026.
  • Business Quant data shows Gross Margin for FLYW at 78.47% in Q1 2026, 74.53% in Q4 2025, and 79.06% in Q3 2025.