Flywire 2025 Q3 Earnings Strong Revenue Growth Despite EPS Decline

Flywire (FLYW) reported fiscal 2025 Q3 results on Nov 11, 2025, with revenue surging 27.6% year-over-year to $200.14 million, outperforming analyst estimates. However, earnings per share (EPS) dipped 22.6% to $0.24, and net income fell 23.8% to $29.63 million. The company provided Q4 revenue guidance of $147 million at the midpoint, exceeding current analyst expectations.

Revenue

Flywire’s revenue growth was driven by robust performance across core verticals. Transactions revenue led the charge, reaching $167.19 million, while platform and other revenue streams contributed an additional $32.95 million. The company’s expansion into international markets, particularly the U.K. and Asia, and diversified offerings in travel, healthcare, and B2B further fueled this growth.

Earnings/Net Income

Despite strong top-line performance, Flywire’s EPS declined to $0.24 in Q3 2025, a 22.6% drop from $0.31 in the prior year. Net income also fell to $29.63 million, down 23.8% from $38.90 million. The EPS shortfall highlights margin pressures, though the company’s adjusted operating margin improved to 16.1% from 12.9% in the same quarter last year.

Price Action

The stock price of Flywire edged up 0.15% during the latest trading day, 1.19% in the most recent full week, and 5.10% month-to-date.

The positive price action suggests market confidence in Flywire’s long-term growth prospects, despite near-term earnings challenges.

Post-Earnings Price Action Review

Flywire’s stock has shown resilience following its Q3 earnings report, with gains of 0.15% in a single day and 5.10% month-to-date. While the EPS decline raised concerns, the significant revenue beat and improved operating margin have bolstered investor sentiment. The market’s positive reaction aligns with management’s emphasis on strategic expansion and operational efficiency, though caution persists around macroeconomic uncertainties.

CEO Commentary

CEO Michael Massaro highlighted Flywire’s ability to consolidate payment flows for clients as a key driver of outperformance, crediting the Student Financial Software platform and expansion into the U.K. and Asia. “Our focus on deepening client integration and expanding into new markets has unlocked significant value,” he stated. The company’s addition of over 200 new clients and diversified revenue streams in travel, healthcare, and B2B underscore its growth strategy. Massaro also emphasized continued investment in product innovation and operational efficiency to sustain momentum.

Guidance

Flywire provided Q4 2025 revenue guidance of $147 million at the midpoint, exceeding analyst estimates of $141.9 million. Management remains cautious about macroeconomic headwinds, citing policy uncertainties in the U.S. and Canada. The company expects to maintain disciplined cost management while prioritizing long-term growth initiatives.

Additional News

Recent analyst inquiries highlighted Flywire’s strategic focus on international expansion and client retention. President Rob Orgel noted only 12 U.K. clients exceed 90% adoption, signaling untapped potential. CFO Cosmin Pitigoi reiterated a data-driven, prudent outlook amid macroeconomic risks. Additionally, discussions around the ramp time for new Student Financial Software (SFS) clients underscored the importance of scalable integration for sustained growth.