Flywire Q1 revenue beats analyst estimates

Flywire

05/05/2026 22:05

Overview

Payments software provider's Q1 revenue grew 41% yr/yr, beating analyst expectations

Adjusted EBITDA for Q1 rose 82% yr/yr and beat analyst expectations

Company raised full-year revenue and margin guidance, announced up to $50 mln share buyback

Outlook

Flywire raises 2026 FX-neutral revenue less ancillary services growth guidance to 18-24% YoY

Company now sees 2026 adjusted EBITDA margin growth of +175 to 375 bps YoY

Flywire expects Q2 FX-neutral revenue less ancillary services growth of 18-24% YoY

Result Drivers

CLIENT GROWTH - Signed over 200 new clients across all verticals, reflecting broad-based demand and consistent conversion, per company

EDUCATION SECTOR EXPANSION - Expanded partnership with Inspired Education Group and added new clients in Europe, accelerating growth in premium international schools, per company

PRODUCT INNOVATION - Embedded AI in product development, reducing payment processing time by 20% and automating communications, per company

Company press release: ID:nGNX8gzNLw

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Revenue
Beat
$188.10 mln
$172.009 mln (14 Analysts)
Q1 EPS
$0.10
Q1 Net Income
$12.50 mln
Q1 Adjusted EBITDA
Beat
$39.30 mln
$32.47 mln (14 Analysts)
Q1 Adjusted Gross Margin
60.10%
Q1 Gross Profit
$106.80 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 10 "strong buy" or "buy", 4 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the business support services peer group is "buy"

Wall Street's median 12-month price target for Flywire Corp is $16.00, about 12.5% above its May 4 closing price of $14.22

The stock recently traded at 32 times the next 12-month earnings vs. a P/E of 41 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)