Flywire Q3 revenue rises, beats analyst estimates
FLYW•Flywire reported Q3 revenue of $250.3 million, above the $235.16 million analyst estimate, and adjusted EBITDA of $79.5 million, above the $73.62 million estimate. It raised its 2026 outlook for FX-neutral revenue growth to 25%-27% and adjusted EBITDA margin expansion to 300-360 basis points.
1. Quarterly results
Flywire reported Q3 revenue of $250.3 million and adjusted EBITDA of $79.5 million, beating analyst estimates of $235.16 million and $73.62 million, respectively. Adjusted EBITDA rose 39% year over year.
2. Raised 2026 outlook
The company raised its full-year 2026 outlook for FX-neutral revenue less ancillary services growth to 25%-27% year over year and expects adjusted EBITDA margin to expand 300-360 basis points. It sees Q4 2026 FX-neutral revenue less ancillary services growth of 14%-20%.
3. Growth drivers
Flywire said Q3 results benefited from the seasonal peak in education payments and execution across its four verticals. It cited signing 180 new clients across 31 countries and expansion in its international travel and hospitality business in APAC and EMEA.
