Flywire (FLYW) Tax Rate (2020 - 2026)
Flywire (FLYW) posted Tax Rate of 14.77% for Q1 2026, down 83.47% sequentially from 89.39% in Q4 2025, and down 275.0% YoY from 8.44% in Q1 2025.
Flywire (FLYW) Tax Rate (2020 - 2026) Analysis & Trends
Flywire (FLYW) has 7 years of Tax Rate data on file, last reported at 14.77% in Q1 2026.
- Quarterly Tax Rate fell 275.0% year-over-year to 14.77% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 26.71% (up 27629.0% YoY) and the FY2025 annual result came in at 37.05%, up 9296.0% from the prior year.
- Tax Rate slipped to 14.77% in Q1 2026 per FLYW's latest filing, from 89.39% in the prior quarter.
- The five-year high for Tax Rate was 89.39% in Q4 2025, with the low at 138.9% in Q2 2025.
- Average Tax Rate over 5 years is 5.68%, with a median of 5.18% recorded in 2022.
- The widest YoY moves for Tax Rate: up 9607 bps in 2025, down 8808 bps in 2025.
- Flywire's Tax Rate stood at 43.44% in 2022, then jumped by 33 bps to 57.86% in 2023, then plunged by 112 bps to 6.68% in 2024, then jumped by 1439 bps to 89.39% in 2025, then sank by 83 bps to 14.77% in 2026.
- Business Quant data shows FLYW's Tax Rate at 14.77% in Q1 2026, 89.39% in Q4 2025, and 5.03% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,853.66 Bn | 2,775.39 Bn | 56.06 Bn | 19.22% |
| 2 | Oracle | 408.21 Bn | 376.86 Bn | 17.12 Bn | 19.84% |
| 3 | Palantir Technologies | 300.98 Bn | 293.06 Bn | 1.42 Bn | 1.37% |
| 4 | Palo Alto Networks | 247.84 Bn | 243.30 Bn | 1.91 Bn | 21.31% |
| 5 | CrowdStrike Holdings | 193.63 Bn | 190.57 Bn | 993.68 Mn | -6.22% |
| 6 | Fortinet | 117.45 Bn | 114.16 Bn | 1.49 Bn | 18.58% |
| 7 | Cloudflare | 86.88 Bn | 85.93 Bn | 455.60 Mn | -7.01% |
| 8 | Synopsys | 86.18 Bn | 86.06 Bn | 1.77 Bn | 18.14% |
| 9 | Block | 46.10 Bn | 39.21 Bn | 2.91 Bn | 21.40% |
| 10 | Flywire | 2.27 Bn | 1.94 Bn | 147.62 Mn | 14.77% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 14.77% |
| Mar 31, 2026 | 14.77% |
| Dec 31, 2025 | 89.39% |
| Dec 31, 2025 | 89.39% |
| Sep 30, 2025 | 5.03% |
| Sep 30, 2025 | 5.03% |
| Jun 30, 2025 | -138.90% |
| Jun 30, 2025 | -138.90% |
| Mar 31, 2025 | 17.53% |
| Mar 31, 2025 | 17.53% |
| Dec 31, 2024 | -6.68% |
| Dec 31, 2024 | -6.68% |
| Sep 30, 2024 | -27.24% |
| Sep 30, 2024 | -27.24% |
| Jun 30, 2024 | -50.82% |
| Jun 30, 2024 | -50.82% |
| Mar 31, 2024 | -35.09% |
| Mar 31, 2024 | -35.09% |
| Dec 31, 2023 | 57.86% |
| Dec 31, 2023 | 57.86% |