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Flywire (FLYW) Research & Development (2020 - 2025)

Flywire's Research & Development history spans 6 years, with the latest figure at $18.5 million for Q4 2025.

  • For Q4 2025, Research & Development rose 6.74% year-over-year to $18.5 million; the TTM value through Dec 2025 reached $70.2 million, up 5.36%, while the annual FY2025 figure was $70.2 million, 5.36% up from the prior year.
  • Research & Development for Q4 2025 was $18.5 million at Flywire, up from $17.6 million in the prior quarter.
  • Across five years, Research & Development topped out at $18.5 million in Q4 2025 and bottomed at $6.9 million in Q2 2021.
  • The 5-year median for Research & Development is $15.2 million (2023), against an average of $14.0 million.
  • The largest annual shift saw Research & Development skyrocketed 90.56% in 2022 before it dropped 1.14% in 2024.
  • A 5-year view of Research & Development shows it stood at $9.1 million in 2021, then skyrocketed by 39.6% to $12.7 million in 2022, then skyrocketed by 33.14% to $16.9 million in 2023, then grew by 2.79% to $17.4 million in 2024, then rose by 6.74% to $18.5 million in 2025.
  • Per Business Quant, the three most recent readings for FLYW's Research & Development are $18.5 million (Q4 2025), $17.6 million (Q3 2025), and $17.1 million (Q2 2025).