FLYW Flywire Corp
Price Chart
Executive Summary
Flywire reported a massive Q1 2026 beat: GAAP revenue of $188.1M (+41% YoY) and EPS of $0.10 vs street consensus of $0.03. Revenue Less Ancillary Services of $184M beat the company's own guidance midpoint of $171M by $13M. Adjusted EBITDA of $39.3M beat the midpoint by $6.9M. Full-year FY2026 guidance was raised: FX-neutral RLAS growth now 18-24% (from 15-21%) and aEBITDA margin expansion +175-375 bps. The company also announced a $50M accelerated share repurchase program.
Key Financial Metrics
Actionable Insight
The magnitude of the beat and guidance raise is compelling. Traders should consider adding to positions on any post-earnings drift. The ASR signals management's strong conviction. Monitor Q2 guidance (18-24% FX-neutral growth) for continued execution in a macro environment with US visa headwinds.
Key Facts
- Q1 GAAP revenue $188.1M (+41% YoY) versus street consensus $170.6M
- GAAP EPS $0.10 versus street consensus $0.03
- Revenue Less Ancillary Services $184M, beating guide midpoint of $171M by $13M
- Adjusted EBITDA $39.3M, beating guide midpoint of $32.4M by $6.9M
- FY2026 guidance raised: FX-neutral RLAS growth 18-24% (prev 15-21%), aEBITDA margin +175-375 bps (prev +150-350 bps)
- Announced up to $50M accelerated share repurchase program
- Net income of $12.5M vs loss of $4.2M in Q1 2025
- Total payment volume $11.4B, up 36.5% YoY
Financial Impact
Significant positive impact: revenue beat by ~$13M, EPS beat by $0.07, and guidance raised by 300 bps at midpoint
Risk Factors
- US visa declines down 30% could pressure education revenue
- Gross margin compression from payment processing ramp (200-300 bps decline expected in FY2026)
- Foreign exchange volatility impacts reported results
Market Snapshot
Documents Analyzed
This report is based on 7 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001580560-26-000003 |
| Document: flyw-20260505.htm | 0001580560-26-000003 |
| Document: flyw-ex99_2.htm | 0001580560-26-000003 |
| Document: 0001580560-26-000003-index-headers.html | 0001580560-26-000003 |
| Document: 0001580560-26-000003-index.html | 0001580560-26-000003 |
| Document: 0001580560-26-000003.txt | 0001580560-26-000003 |
| 8-K Data (Synthetic) | 0001580560-26-000003 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 10, 2026
2d ago
|
Insider Cluster
| $14.23 awaiting T+1 | awaiting T+1 | — | $14.71 (+3.41%) |
|
Jun 9, 2026
3d ago
|
Insider Cluster
| $14.14 awaiting T+1 | awaiting T+1 | — | $14.71 (−4.07%) |
|
Jun 9, 2026
3d ago
|
Press Release
| $13.88 awaiting T+1 | awaiting T+1 | — | $14.71 (+5.98%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $14.55 awaiting T+1 | awaiting T+1 | — | $14.71 (−1.10%) |
|
Jun 4, 2026
8d ago
|
Insider Cluster
| $14.55 awaiting T+1 | awaiting T+1 | — | $14.71 (−1.10%) |
|
Jun 4, 2026
8d ago
|
144
| $14.58 $14.40 | ▼ −1.23% | ▲ +1.36% | $14.71 (+0.89%) |
|
Jun 2, 2026
10d ago
|
144
| $15.14 $14.61 | ▼ −3.50% | ▼ −2.81% | $14.71 (−2.84%) |
|
May 20, 2026
23d ago
|
Press Release
| $15.91 $16.16 | ▲ +1.57% | ▲ +1.38% | $14.71 (−7.54%) |
|
May 15, 2026
28d ago
|
8-K
| $16.06 $16.02 | ▼ −0.25% | ▼ −0.19% | $14.71 (−8.41%) |
|
May 6, 2026
5w ago
|
Insider Cluster
| $17.51 $17.73 | ▲ +1.26% | ▲ +1.59% | $14.71 (−15.99%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Try SecBot Free Coming soon: SecBot Pro with alerts, watchlists, and API access