Growth Metrics

Flywire (FLYW) Operating Expenses (2020 - 2025)

Flywire (FLYW) has disclosed Operating Expenses for 6 consecutive years, with $158.5 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 28.53% to $158.5 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $611.7 million through Dec 2025, up 22.49% year-over-year, with the annual reading at $611.7 million for FY2025, 22.49% up from the prior year.
  • Operating Expenses hit $158.5 million in Q4 2025 for Flywire, down from $167.9 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $167.9 million in Q3 2025 to a low of $44.5 million in Q2 2021.
  • Historically, Operating Expenses has averaged $103.5 million across 5 years, with a median of $106.1 million in 2023.
  • Biggest five-year swings in Operating Expenses: soared 70.44% in 2021 and later rose 11.53% in 2024.
  • Year by year, Operating Expenses stood at $61.7 million in 2021, then surged by 33.54% to $82.4 million in 2022, then soared by 34.15% to $110.6 million in 2023, then grew by 11.53% to $123.3 million in 2024, then increased by 28.53% to $158.5 million in 2025.
  • Business Quant data shows Operating Expenses for FLYW at $158.5 million in Q4 2025, $167.9 million in Q3 2025, and $140.9 million in Q2 2025.