Flywire (FLYW) Tax Rate (2021 - 2026)
Flywire (FLYW) posted Tax Rate of -53.23% for Q2 2026, up 85.67 percentage points from -138.90% a year earlier but down 68.00 percentage points from the prior quarter.
Powered by 
Analysis
Flywire (FLYW) Tax Rate (2021 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Tax Rate at Flywire was 16.75%, up 38.82 percentage points year-over-year; for FY2025, it came in at 37.05%, up 92.96 percentage points from FY2024.
- Annual Tax Rate shows a five-year change of -2.18 percentage points (FY2020 to FY2025).
- In prior years, Flywire's Tax Rate was -55.91% in FY2024 (+40.92 pp), -96.83% in FY2023 (-91.51 pp), -5.32% in FY2022 (+3.00 pp) and -8.32% in FY2021 (-47.55 pp).
- Quarterly Tax Rate has run from a low of -138.90% in Q2 2025 to a high of 89.39% in Q4 2025 over five years.
- On a year-over-year basis, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +9.40 percentage points.
- The strongest year-over-year quarter for Tax Rate in the past five years was Q4 2025, with a gain of 96.07 percentage points; the weakest was Q2 2025, with a drop of 88.08 percentage points.
- According to Business Quant data, Tax Rate for the three prior quarters was 14.77% (Q1 2026), 89.39% (Q4 2025) and 5.03% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Block | 51.56 Bn | 23.34 Bn | 3.24 Bn | 7.90% |
| 2 | PayPal Holdings | 50.29 Bn | 8.99 Bn | - | 21.91% |
| 3 | Coinbase Global | 35.53 Bn | -4.11 Bn | - | 12.77% |
| 4 | Fiserv | 33.43 Bn | 30.64 Bn | 2.76 Bn | - |
| 5 | Corpay | 29.86 Bn | 18.68 Bn | - | 23.89% |
| 6 | Global Payments | 25.78 Bn | 604.58 Mn | 2.01 Bn | - |
| 7 | Guidewire Software | 13.57 Bn | 10.14 Bn | 269.68 Mn | 30.70% |
| 8 | Jack Henry & Associates | 12.44 Bn | 12.35 Bn | 273.85 Mn | 20.40% |
| 9 | Chime Financial | 11.95 Bn | 7.64 Bn | 646.07 Mn | 0.57% |
| 10 | Flywire | 2.62 Bn | 1.24 Bn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 14.77% |
| Dec 31, 2025 | 89.39% |
| Sep 30, 2025 | 5.03% |
| Dec 31, 2023 | 60.09% |
| Sep 30, 2023 | 6.60% |
| Sep 30, 2021 | 3.35% |
API Access
Flywire Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=FLYW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "FLYW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();