Flywire (FLYW) Research & Development (2020 - 2026)

Flywire's (FLYW) quarterly Research & Development came in at $19.4 million in Q1 2026, up 14.91% year-on-year from $16.9 million in Q1 2025, and up 4.81% quarter-over-quarter from $18.5 million in Q4 2025.

Flywire (FLYW) Research & Development (2020 - 2026) Analysis & Trends

Flywire has disclosed Research & Development across 7 years of filings, most recently posting $19.4 million for Q1 2026.

  • Research & Development for Q1 2026 came in at $19.4 million, up 14.91% year-over-year; the trailing twelve-month figure through Mar 2026 was $72.7 million (up 8.86% YoY), and the FY2025 annual result was $70.2 million, up 5.36% from the prior year.
  • Research & Development came in at $19.4 million for Q1 2026 at Flywire, up from $18.5 million in the prior quarter.
  • In the past five years, Research & Development ranged from a high of $19.4 million in Q1 2026 to a low of $11.0 million in Q1 2022.
  • The 5-year median for Research & Development is $16.7 million (2024), against an average of $15.8 million.
  • Across the five-year window, Research & Development soared 90.56% in 2022 and fell 1.14% in 2024, its largest moves.
  • Flywire's Research & Development stood at $12.7 million in 2022, then soared by 33.14% to $16.9 million in 2023, then rose by 2.79% to $17.4 million in 2024, then increased by 6.74% to $18.5 million in 2025, then rose by 4.81% to $19.4 million in 2026.
  • The last three Research & Development figures came in at $19.4 million (Q1 2026), $18.5 million (Q4 2025), and $17.6 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) R&D (Qtr)
1 Microsoft 2,998.30 Bn 2,920.03 Bn 56.06 Bn 8.92 Bn
2 Alarum Technologies 1,040.72 Bn 1,026.57 Bn 7.23 Mn 2.30 Mn
3 Oracle 590.32 Bn 551.74 Bn 15.14 Bn 2.61 Bn
4 Palantir Technologies 316.31 Bn 308.39 Bn 1.42 Bn 160.98 Mn
5 Palo Alto Networks 181.17 Bn 176.63 Bn 1.91 Bn 511.00 Mn
6 CrowdStrike Holdings 161.69 Bn 158.63 Bn 993.68 Mn 356.41 Mn
7 Fortinet 102.35 Bn 99.06 Bn 1.49 Bn 214.00 Mn
8 Synopsys 88.25 Bn 88.13 Bn 1.77 Bn 714.99 Mn
9 Cloudflare 83.26 Bn 82.32 Bn 455.60 Mn 150.97 Mn
10 Flywire 1.73 Bn 1.40 Bn 147.62 Mn 19.43 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 19.43 Mn
Dec 31, 2025 18.54 Mn
Sep 30, 2025 17.65 Mn
Jun 30, 2025 17.11 Mn
Mar 31, 2025 16.91 Mn
Dec 31, 2024 17.37 Mn
Sep 30, 2024 16.70 Mn
Jun 30, 2024 15.83 Mn
Mar 31, 2024 16.74 Mn
Dec 31, 2023 16.90 Mn
Sep 30, 2023 14.59 Mn
Jun 30, 2023 16.02 Mn
Mar 31, 2023 14.52 Mn
Dec 31, 2022 12.69 Mn
Sep 30, 2022 13.39 Mn
Jun 30, 2022 13.20 Mn
Mar 31, 2022 10.98 Mn
Dec 31, 2021 9.09 Mn
Sep 30, 2021 7.75 Mn
Jun 30, 2021 6.93 Mn