Superworth

Flywire profit margin FLYW

Gross, operating and net profit as a share of revenue over the last twelve months, from 2020.

Net margin, 12 months
4.8%
Operating margin, 12 months
5.5%
Net margin on a year earlier
+3.5 pts
Peer median
6.8%

Over the twelve months to Jun 30, 2026, Flywire kept 4.8% of its revenue as net profit, with an operating margin of 5.5%.

Five years earlier its net margin was −16.3%.

The median for 10 credit services stocks of a similar size is 6.8%.

Profit margin over time

OperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating margin
FY20252.2%1.8%
FY20240.6%−1.5%
FY2023−2.1%−5.3%
FY2022−13.6%−10.4%
FY2021−14.0%−6.6%
FY2020−8.4%−12.0%

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY264.8%+3.5 pts5.5%
Q1 FY264.5%+3.5 pts4.9%
Q4 FY252.2%+1.6 pts1.8%
Q3 FY25−0.4%−4.6 pts1.1%
Q2 FY251.3%+3.1 pts−1.0%
Q1 FY251.0%+3.6 pts−2.4%
Q4 FY240.6%+2.7 pts−1.5%
Q3 FY244.2%+7.2 pts−2.4%
Q2 FY24−1.8%+5.6 pts−4.5%
Q1 FY24−2.6%+7.7 pts−4.9%
Q4 FY23−2.1%+11.5 pts−5.3%
Q3 FY23−2.9%+15.6 pts−5.6%

Against its peers

Companies in Financial - Credit Services nearest Flywire's size, closest first, today.

CompanyProfit margin
FLYWFlywire4.8%
UPSTUpstart4.8%
PAYOPayoneer Global4.6%
EEFTEuronet Worldwide6.6%
AGMFederal Agricultural Mortgage51.4%
ECPGEncore Capital15.9%
WUWestern Union CO9.8%
CBZCBIZ4.7%
MMSMaximus7.1%
HAPNHappen18.7%
TNETTrinet3.6%
Peer median6.8%

Where Flywire ranks

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on Flywire

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.