Growth Metrics

Flywire (FLYW) Gross Margin (2020 - 2025)

Flywire (FLYW) has disclosed Gross Margin for 6 consecutive years, with 74.53% as the latest value for Q4 2025.

  • Quarterly Gross Margin rose 290.0% to 74.53% in Q4 2025 from the year-ago period, while the trailing twelve-month figure was 74.8% through Dec 2025, up 110.0% year-over-year, with the annual reading at 74.8% for FY2025, 110.0% up from the prior year.
  • Gross Margin hit 74.53% in Q4 2025 for Flywire, down from 79.06% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 81.5% in Q3 2021 to a low of 66.59% in Q2 2022.
  • Historically, Gross Margin has averaged 73.23% across 5 years, with a median of 72.66% in 2022.
  • Biggest YoY gain for Gross Margin was 471bps in 2021; the steepest drop was -605bps in 2021.
  • Year by year, Gross Margin stood at 69.07% in 2021, then grew by 5bps to 72.23% in 2022, then fell by -1bps to 71.33% in 2023, then grew by 0bps to 71.63% in 2024, then rose by 4bps to 74.53% in 2025.
  • Business Quant data shows Gross Margin for FLYW at 74.53% in Q4 2025, 79.06% in Q3 2025, and 70.9% in Q2 2025.