The company repurchased 3,100,000 shares for about $49 million; about $123 million remained under the buyback program at quarter-end.
Flywire raised its FY2026 outlook to 21%-27% FX-neutral non-GAAP revenue less ancillary services growth; adjusted EBITDA margin growth is seen at 200-400 basis points.
Q2 results and operating metrics
Flywire posted Q2 revenue up 27.2% to $167.7 million; GAAP net loss narrowed to $8.1 million.
Total payment volume jumped 38.2% to $8.2 billion; non-GAAP revenue less ancillary services rose 28.5% to $163.8 million.
Non-GAAP adjusted EBITDA climbed 44.5% to $24 million; adjusted EBITDA margin rose 160 basis points to 14.6%.
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