Flywire 2025 Q2 Earnings Narrowed Losses Amid Strong Revenue Growth

Flywire reported better-than-expected Q2 2025 results, with revenue growth exceeding forecasts and losses narrowing year-over-year. The company maintained its full-year guidance while raising EBITDA margin expectations, signaling confidence in its operational performance and future momentum.

Revenue
Flywire’s total revenue rose 27.2% year-over-year to $131.89 million in Q2 2025, driven by robust performance in its core business. The Transactions segment accounted for the largest portion of revenue at $100.57 million, while Platform and other revenues added $31.32 million, completing the $131.89 million total.

Earnings/Net Income
The company reported a loss of $0.10 per share in Q2 2025, representing a 9.1% improvement from a $0.11 per share loss in the prior-year period. Flywire also reduced its net loss to $12.01 million, down 13.5% from $13.88 million a year ago, reflecting better cost management and operational efficiency. While still in the red, the narrowing losses indicate progress toward profitability.

Price Action
Flywire’s stock ended the latest trading day down 7.45%, but gained 8.80% over the past week and rose 1.68% month-to-date, reflecting mixed investor sentiment.

Post-Earnings Price Action Review
A strategy of buying Flywire stock following a revenue beat and holding for 30 days underperformed dramatically, delivering a -80.26% return versus a positive 39.38% benchmark. The approach showed a negative CAGR of -34.95% and a Sharpe ratio of -0.53, underscoring its unattractive risk-reward profile. Despite a maximum drawdown of 0%, the strategy lacked upside potential and carried high risk.

CEO Commentary
Mike Massaro, CEO of Flywire, praised the team’s high-performance culture and client value delivery, which he credited for driving double-digit FX-Neutral revenue growth and expanding client engagements. He emphasized Flywire’s 'land and expand' strategy and product innovation as key differentiators, expressing optimism about future momentum.

Guidance
Flywire reaffirmed its full-year 2025 FX-Neutral Revenue Less Ancillary Services Growth guidance at 17–23% YoY, with a 10–14% range excluding Sertifi. The company also raised adjusted EBITDA margin guidance by 75 bps at midpoint. For Q3 2025, it expects revenue growth of 13–21% YoY, with a 7–13% range excluding Sertifi, and a 50–150 bps YoY increase in adjusted EBITDA margins.

Additional News
On August 6, 2025, Flywire released an earnings call transcript outlining its Q2 performance. No significant non-earnings related news emerged within the three weeks following the earnings report. The transcript highlighted the company’s strategic direction and operational progress but did not disclose any M&A activity, C-level changes, or dividend or buyback announcements. The earnings call was made accessible to users who enabled JavaScript and cookies on the platform.