Flywire — Aug 4, 2026 release

The financial profile reflects it: revenue growth, expanding adjusted EBITDA margins, and growing free cash flow. The complexity we solve is our moat, and everything we are building today is a foundation for our path to $1 billion in revenue and 30% adjusted EBITDA margin," said Mike Massaro, Flywire’s CEO. Second Quarter 2026 Financial Highlights: GAAP Results ● Revenue increased 27.2% to $167.7 million in the Second quarter of 2026, compared to $131.9 million in the Second quarter of 2025. ● Gross Profit increased to $89.6 million, resulting in Gross Margin of 53.4%, for the Second quarter of 2026, compared to Gross Profit of $75.1 million and Gross Margin of 57.0% in the Second quarter of 2025. ● Net loss was ($8.1) million in the Second quarter of 2026, compared to net loss of ($12.0) million in the Second quarter of 2025.       Key Operating Metrics and Non-GAAP Results   ● Total Payment Volume increased 38.2% to $8.2 billion in the Second quarter of 2026, compared to $5.9 billion in the Second quarter of 2025. ● Revenue Less Ancillary Services increased 28.5% to $163.8 million in the Second quarter of 2026, compared to $127.5 million in the Second quarter of 2025. FX-Neutral Revenue Less Ancillary Services increased 26.9% year-over-year.   ● Adjusted Gross Profit increased to $92.7 million, up 19.0% compared to $77.9 million in the Second quarter of 2025. Adjusted Gross Margin was 56.6% in the Second quarter of