Flywire (FLYW) Tax Rate (2020 - 2026)
Flywire's (FLYW) quarterly Tax Rate came in at 53.23% in Q2 2026, up 8567.0% year-over-year from 0.61% in Q2 2025, and down 460.27% quarter-over-quarter from 14.77% in Q1 2026.
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Flywire (FLYW) Tax Rate (2020 - 2026) Analysis & Trends
Flywire has disclosed Tax Rate across 7 years of filings, most recently posting 53.23% for Q2 2026.
- In Q2 2026, Tax Rate rose 8567.0% year-over-year to 53.23%; the TTM figure through Jun 2026 stood at 20.09% (down 11502.0% YoY), while the FY2025 annual figure was 43.42%, down 37346.0% from the prior year.
- Tax Rate came in at 53.23% for Q2 2026 at Flywire, down from 14.77% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 536.07% in Q4 2022 to a low of 138.9% in Q2 2025.
- Average Tax Rate over 5 years is 40.3%, with a median of 6.12% recorded in 2022.
- Year-over-year, Tax Rate slumped 47598 bps in 2023 and surged 59430 bps in 2025.
- Over 5 years, Tax Rate stood at 536.07% in 2022, then plunged by 89 bps to 60.09% in 2023, then sank by 209 bps to 65.68% in 2024, then surged by 905 bps to 528.62% in 2025, then plunged by 110 bps to 53.23% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 53.23% in Q2 2026, 14.77% in Q1 2026, and 528.62% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 48.08 Bn | 41.65 Bn | 3.17 Bn | 71.11% |
| 2 | PayPal Holdings | 46.69 Bn | 35.43 Bn | - | 15.73% |
| 3 | Fiserv | 26.99 Bn | 26.37 Bn | 3.59 Bn | 20.13% |
| 4 | Corpay | 26.78 Bn | 19.78 Bn | 1.19 Bn | 26.96% |
| 5 | Global Payments | 24.15 Bn | 18.74 Bn | 2.03 Bn | -4.72% |
| 6 | Wex | 6.49 Bn | 383.66 Mn | 463.80 Mn | 27.84% |
| 7 | Aci Worldwide | 5.27 Bn | 5.10 Bn | 181.57 Mn | 18.31% |
| 8 | Paymentus Holdings | 4.47 Bn | 4.09 Bn | 94.31 Mn | 28.32% |
| 9 | dLocal | 4.39 Bn | 3.51 Bn | 127.15 Mn | -15.72% |
| 10 | Flywire | 2.19 Bn | 1.90 Bn | - | -53.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -53.23% |
| Mar 31, 2026 | 14.77% |
| Dec 31, 2025 | 528.62% |
| Sep 30, 2025 | 5.03% |
| Jun 30, 2025 | -138.90% |
| Mar 31, 2025 | 17.53% |
| Dec 31, 2024 | -65.68% |
| Sep 30, 2024 | -27.24% |
| Jun 30, 2024 | -50.82% |
| Mar 31, 2024 | -35.09% |
| Dec 31, 2023 | 60.09% |
| Sep 30, 2023 | 6.60% |
| Jun 30, 2023 | -7.05% |
| Mar 31, 2023 | -12.77% |
| Dec 31, 2022 | 536.07% |
| Sep 30, 2022 | -42.64% |
| Jun 30, 2022 | -4.74% |
| Mar 31, 2022 | -5.18% |
| Dec 31, 2021 | -46.44% |
| Sep 30, 2021 | 3.35% |