Flywire Corporation ( (FLYW) ) has released its Q3 earnings. Here is a breakdown of the information Flywire Corporation presented to its investors.
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Flywire Corporation is a global payments enablement and software company that specializes in providing complex payment solutions across various verticals including education, healthcare, and travel. The company leverages its proprietary global payments network and vertical-specific software to optimize payment processes for its clients worldwide.
In its latest earnings report for the third quarter of 2025, Flywire Corporation announced a significant revenue increase of 27.6% year-over-year, reaching $200.1 million. The company also reported an increase in total payment volume by 26.4%, highlighting its continued market expansion and client acquisition.
Key financial highlights include a gross profit increase to $124.7 million, although the gross margin slightly decreased to 62.3% from 64.0% the previous year. The company also reported a net income of $29.6 million, down from $38.9 million in the same quarter of 2024. Flywire’s adjusted EBITDA showed a robust growth, increasing to $57.1 million with a margin of 29.4%, reflecting operational efficiency and cost management.
Strategically, Flywire expanded its client base by signing over 200 new clients and deepening its partnership with Workday. The company also enhanced its product offerings for the UK higher education sector and integrated its solutions with leading ERP systems to improve the payment experience. Additionally, Flywire appointed Nicole James as the new Chief People Officer to support its high-performance teams.
Looking ahead, Flywire’s management remains optimistic, raising its fiscal year 2025 revenue and EBITDA guidance. The company aims to continue its growth trajectory by focusing on operational excellence and leveraging its diversified business model to navigate the dynamic market environment.