Flywire (FLYW) Operating Margin (2020 - 2026)

Flywire's (FLYW) quarterly Operating Margin came in at 5.73% in Q1 2026, up 1397.0% year-on-year from 0.38% in Q1 2025, and up 1035.74% quarter-over-quarter from 0.61% in Q4 2025.

Flywire (FLYW) Operating Margin (2020 - 2026) Analysis & Trends

Flywire has disclosed Operating Margin across 7 years of filings, most recently posting 5.73% for Q1 2026.

  • Operating Margin for Q1 2026 came in at 5.73%, up 1397.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 4.88% (up 728.0% YoY), and the FY2025 annual result was 1.81%, up 329.0% from the prior year.
  • Operating Margin came in at 5.73% for Q1 2026 at Flywire, up from 0.61% in the prior quarter.
  • In the past five years, Operating Margin ranged from a high of 17.8% in Q4 2022 to a low of 30.77% in Q2 2022.
  • The 5-year median for Operating Margin is 5.23% (2024), against an average of 3.15%.
  • Across the five-year window, Operating Margin jumped 3789 bps in 2022 and tumbled 2777 bps in 2023, its largest moves.
  • Flywire's Operating Margin stood at 17.8% in 2022, then plunged by 156 bps to 9.97% in 2023, then jumped by 51 bps to 4.91% in 2024, then soared by 88 bps to 0.61% in 2025, then surged by 1036 bps to 5.73% in 2026.
  • The last three Operating Margin figures came in at 5.73% (Q1 2026), 0.61% (Q4 2025), and 16.12% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Operating Margin (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 46.33%
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 6.91%
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 31.79%
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 46.18%
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 15.30%
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 1.06%
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 31.36%
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 8.43%
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn -9.69%
10 Flywire 1.73 Bn 1.40 Bn 147.62 Mn 5.73%

Historic Data

Download Data
DateValue
Mar 31, 2026 5.73%
Dec 31, 2025 -0.61%
Sep 30, 2025 16.12%
Jun 30, 2025 -6.83%
Mar 31, 2025 -8.23%
Dec 31, 2024 -4.91%
Sep 30, 2024 12.93%
Jun 30, 2024 -15.23%
Mar 31, 2024 -5.23%
Dec 31, 2023 -9.97%
Sep 30, 2023 9.64%
Jun 30, 2023 -19.80%
Mar 31, 2023 -6.96%
Dec 31, 2022 17.80%
Sep 30, 2022 3.83%
Jun 30, 2022 -30.77%
Mar 31, 2022 -11.00%
Dec 31, 2021 -20.09%
Sep 30, 2021 16.37%
Jun 30, 2021 -20.44%