Flywire Q4 revenue beats estimates, partly helped by Sertifi acquisition

Flywire

24/02/2026 21:12

Overview

Global payments firm's Q4 revenue rose 34%, beating analyst expectations

Adjusted EBITDA for Q4 beat analyst expectations

Company repurchased 0.7 mln shares and paid down $15 mln debt from Sertifi acquisition

Outlook

Flywire guides FY 2026 FX-neutral revenue less ancillary services growth of 15-21% YoY

Company expects Q1 2026 FX-neutral revenue less ancillary services growth of 26-30% YoY

Flywire anticipates FY 2026 adjusted EBITDA margin growth of 150-350 bps YoY

Result Drivers

SERTIFI ACQUISITION - Sertifi contributed $14.2 mln to Q4 revenue, adding 12 points to year-over-year growth

PAYMENT VOLUME - Total Payment Volume increased 35.6% to $9.3 bln in Q4, indicating strong demand

PRODUCT INTEGRATION - Integration with Workday and Oracle Fusion strengthened market position

Company press release: ID:nGNX1Hx24Y

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
$157.50 mln
$146.41 mln (14 Analysts)
Q4 Adjusted EBITDA
Beat
$25.40 mln
$23.27 mln (14 Analysts)
Q4 Adjusted Gross Margin
61.30%
Q4 Gross Profit
$90.70 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 9 "strong buy" or "buy", 6 "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 $17.00, about 59.8% above its February 23 closing price of $10.64

The stock recently traded at 35 times the next 12-month earnings vs. a P/E of 52 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.)