Flywire (FLYW) Net Margin (2020 - 2026)
Flywire's (FLYW) quarterly Net Margin came in at 4.86% in Q2 2026, up 425.0% year-over-year from 0.93% in Q2 2025, and down 172.98% quarter-over-quarter from 6.65% in Q1 2026.
Analysis
Flywire (FLYW) Net Margin (2020 - 2026) Analysis & Trends
Flywire has disclosed Net Margin across 7 years of filings, most recently posting 4.86% for Q2 2026.
- In Q2 2026, Net Margin rose 425.0% year-over-year to 4.86%; the TTM figure through Jun 2026 stood at 4.77% (up 350.0% YoY), while the FY2025 annual figure was 2.17%, up 158.0% from the prior year.
- Net Margin came in at 4.86% for Q2 2026 at Flywire, down from 6.65% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 24.8% in Q3 2024 to a low of 42.09% in Q2 2022.
- Average Net Margin over 5 years is 4.49%, with a median of 4.19% recorded in 2022.
- Year-over-year, Net Margin sank 1923 bps in 2022 and jumped 2228 bps in 2023.
- Over 5 years, Net Margin stood at 1.55% in 2022, then jumped by 183 bps to 1.28% in 2023, then plunged by 1157 bps to 13.53% in 2024, then surged by 100 bps to 0.02% in 2025, then tumbled by 23287 bps to 4.86% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 4.86% in Q2 2026, 6.65% in Q1 2026, and 0.02% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 47.96 Bn | 41.53 Bn | 3.17 Bn | 1.32% |
| 2 | PayPal Holdings | 46.69 Bn | 35.44 Bn | - | 12.72% |
| 3 | Fiserv | 26.99 Bn | 26.36 Bn | 3.59 Bn | 11.70% |
| 4 | Corpay | 26.69 Bn | 19.68 Bn | 1.19 Bn | 18.81% |
| 5 | Global Payments | 24.17 Bn | 18.76 Bn | 2.03 Bn | 0.22% |
| 6 | Wex | 6.49 Bn | 384.52 Mn | 463.80 Mn | 14.41% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 7.39% |
| 8 | Paymentus Holdings | 4.46 Bn | 4.08 Bn | 94.31 Mn | 7.09% |
| 9 | dLocal | 4.35 Bn | 3.47 Bn | 127.15 Mn | 13.67% |
| 10 | Flywire | 2.19 Bn | 1.90 Bn | - | -4.86% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -4.86% |
| Mar 31, 2026 | 6.65% |
| Dec 31, 2025 | 0.02% |
| Sep 30, 2025 | 14.81% |
| Jun 30, 2025 | -9.10% |
| Mar 31, 2025 | -3.12% |
| Dec 31, 2024 | -13.53% |
| Sep 30, 2024 | 24.80% |
| Jun 30, 2024 | -13.39% |
| Mar 31, 2024 | -5.45% |
| Dec 31, 2023 | 1.28% |
| Sep 30, 2023 | 8.63% |
| Jun 30, 2023 | -19.81% |
| Mar 31, 2023 | -3.90% |
| Dec 31, 2022 | -1.55% |
| Sep 30, 2022 | -4.49% |
| Jun 30, 2022 | -42.09% |
| Mar 31, 2022 | -15.72% |
| Dec 31, 2021 | -21.95% |
| Sep 30, 2021 | 14.74% |