Short answer
Flywire Corp (FLYW) filed its fiscal 2025 10-K annual report with the SEC on Feb 24, 2026. It reported revenue of $623M (+26.6% year over year) and net income of $13M.
FY2025 key financial metrics · XBRL
- Revenue
- $623M
- +26.6% YoY
- Net income
- $13M
- +365.4% YoY
- Operating margin
- 1.8%
- +3.3 pp YoY
- EPS (diluted)
- $0.11
- +450.0% YoY
- ROE
- 1.6%
- +1.3 pp YoY
- Operating cash flow
- $100M
- +9.5% YoY
Source: XBRL data from the Flywire Corp (FLYW) FY2025 10-K on SEC EDGAR. USD.
Flywire Corp FY2025 10-K analysis
AI summary of each section, grounded in the filing text
Management Discussion & Analysis
- Revenue $623.0M in 2025, up 26.6% YoY from $492.1M in 2024; total payment volume $37.6B in 2025, up 26.4% YoY from $29.7B
- Net income $13.5M in 2025 vs $2.9M in 2024; net income margin approx. 2.17% in 2025 vs 0.59% in 2024 (based on revenue)
- Best segment: Transaction payment volume $30.7B in 2025, up 32.3% YoY from $23.2B; Worst impact from education client international student visa policy changes causing revenue pressure
- Restructuring charges $8.7M in 2025 for operational efficiencies; acquisitions: Sertifi $330M in 2025, Invoiced $51.7M in 2024; no dividend or buyback disclosed; paid $5.1M post-closing adjustment for Sertifi
- Management notes risks from international student visa policies (Canada, Australia, UK, US), impacting education vertical revenue and expects continued visa-related headwinds in 2026
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