Flywire 2025 Q3 Earnings Revenue Surges 27.6% as Net Income Declines 23.8%

Flywire (FLYW) reported Q3 2025 earnings on Nov 11, 2025, with revenue surpassing expectations by 7.7% and adjusted operating income exceeding forecasts by 97.5%. The company maintained cautious guidance for Q4, citing macroeconomic uncertainties despite strong client demand and margin expansion.

Revenue

Transactions revenue led the way at $167.19 million, while platform and other revenues added $32.95 million, bringing the total to $200.14 million. This 27.6% year-over-year increase reflects robust execution across core verticals and growing adoption of Flywire’s Student Financial Software platform.

Earnings/Net Income

Flywire’s EPS declined 22.6% to $0.24 in 2025 Q3 from $0.31 in 2024 Q3, while net income fell 23.8% to $29.63 million. Despite robust revenue growth, declining EPS and net income signal margin pressures amid strategic investments and macroeconomic headwinds.

Price Action

The stock edged up 0.48% in the latest trading day but dipped 0.54% over the most recent full week. However, it surged 9.27% month-to-date, reflecting mixed investor sentiment post-earnings.

Post-Earnings Price Action Review

The stock edged up 0.48% in the latest trading day but dipped 0.54% over the most recent full week. However, it surged 9.27% month-to-date, reflecting mixed investor sentiment post-earnings.

CEO Commentary

CEO Michael Massaro attributed outperformance to Flywire’s ability to consolidate payment flows, with the Student Financial Software platform and expansion in the U.K. and Asia driving growth. The company added over 200 new clients and saw traction in travel, healthcare, and B2B sectors.

Guidance

Flywire provided Q4 revenue guidance of $147 million at the midpoint, exceeding analyst estimates of $141.9 million. Management emphasized a data-driven, cautious approach due to policy uncertainties in the U.S. and Canada.

Additional News

Flywire’s Q3 results highlighted strategic expansion into the U.K. and Asia, with 12 U.K. clients exceeding 90% adoption. Analysts questioned management’s cautious outlook for 2026, citing macroeconomic risks. The company also reported 7.7% revenue beat and 16.1% operating margin, up from 12.9% in 2024 Q3.