Flywire (FLYW) Stock News

Flywire (Nasdaq: FLYW) has been selected as the exclusive payments partner for Travelling the Fairways, a premium inbound golf tour operator serving international golfers across the UK and Ireland. Flywire replaces a large general-purpose processor and will power guest payments for multi-destination golf tour bookings through a single specialized platform.

According to Flywire, the integration provides localized payment options, upfront currency transparency, and secure 3D-verified checkouts for high-net-worth travelers. For Travelling the Fairways’ finance teams, key outcomes include lower card processing fees on final balance payments, elimination of currency conversion shortfalls from bank wires, streamlined reconciliations via a dual-portal dashboard, and tailored reporting to support regulatory and tax compliance in the UK and Ireland.

Flywire (Nasdaq: FLYW) has expanded its partnership with Trustly to support open banking “Pay by Bank” payments across the U.S. and Canada. The collaboration enables payers to authorize secure, high-value domestic and cross-border payments via ACH and Pre-Authorized Debit (PAD) directly from their bank accounts and in local currency.

The move extends a relationship that began in 2017 in Europe and is designed to reduce friction versus traditional wires and ACH by using bank login credentials, real-time balance checks, minimized reversals on cross-border flows, and greater pricing and timeline transparency within Flywire’s interface.

Flywire (Nasdaq: FLYW) reported second quarter 2026 revenue of $167.7 million, up 27.2% year-over-year, with Revenue Less Ancillary Services rising 28.5% to $163.8 million. Total Payment Volume grew 38.2% to $8.2 billion. GAAP net loss narrowed to ($8.1) million from ($12.0) million a year earlier.

Adjusted Gross Profit increased 19.0% to $92.7 million, though adjusted gross margin declined to 56.6%. Adjusted EBITDA rose 44.5% to $24.0 million, with margin of 14.6%, up about 160 bps. Flywire repurchased about 3.1 million shares for roughly $49 million, leaving about $123 million under its program.

For fiscal 2026, Flywire now expects FX-neutral Revenue Less Ancillary Services growth of 21–27% year-over-year and adjusted EBITDA margin growth of 200–400 bps. For Q3 2026, it guides to FX-neutral Revenue Less Ancillary Services growth of 16–22% and adjusted EBITDA margin expansion of 100–300 bps.

Flywire (Nasdaq: FLYW) announced it will release its second quarter 2026 financial results after market close on Tuesday, August 4, 2026. The company will host a conference call to discuss the results at 5:00 p.m. ET, with a live webcast and replay available on its investor relations website.

Flywire (Nasdaq: FLYW) announced a partnership with Scholarship America, the nation’s largest nonprofit scholarship administrator, to digitize scholarship disbursements across nearly 1,000 U.S. higher education institutions.

The collaboration applies Flywire’s proven 529 digital delivery model, which has processed over $9 billion in electronic tuition payments across 800+ institutions, to scholarship payments.

Scholarship America has distributed more than $6 billion to 3.5 million students, including $337 million to over 100,000 students in 2025, creating a large-volume use case for Flywire’s digital disbursement platform.

Flywire (Nasdaq: FLYW) is expanding its partnership with Driftwood Hospitality Management to deploy Flywire’s hospitality payment solutions across nearly 90 U.S. hotel locations, covering more than 15,000 rooms and major brands such as Hyatt, Marriott, Hilton and IHG.

According to Flywire, the platform digitizes payments, e-signatures and authorizations, enables lower-cost ACH acceptance, reduces manual workflows and chargebacks, and has already cut payment processing costs by nearly 30% across 10 Driftwood properties in five months, on millions in payment volume.

Flywire (Nasdaq: FLYW) advanced its share repurchase strategy by signing a definitive agreement to directly buy approximately 1.87 million non-voting shares from a pre-IPO shareholder for about $29 million, funded entirely with cash, under its existing $300 million authorization.

This transaction, priced at a discount to the May 13, 2026 closing share price, replaces a planned $50 million accelerated share repurchase and retires all non-voting stock. Flywire still plans to repurchase up to $50 million of shares and aims to maintain annual net dilution near 3% over time.

Flywire (Nasdaq: FLYW) announced participation in two upcoming investor conferences. On May 20, 2026, Flywire will attend the J.P. Morgan 47th Global Technology, Media, and Communications Conference in Boston, where CEO Mike Massaro will join a fireside chat at 9:20 a.m. EST.

On June 4, 2026, Flywire will attend the William Blair 46th Annual Growth Stock Conference in Chicago. This fireside chat will be webcast live via Flywire’s investor relations website, with a replay available for 90 days.

Flywire (Nasdaq: FLYW) reported Q1 2026 results: revenue $188.1M (+41.0% YoY) and revenue less ancillary services $184.0M (+43.0% YoY). Total payment volume was $11.4B (+36.5% YoY). Adjusted EBITDA rose to $39.3M (+81.8%), with margin 21.4%. GAAP net income was $12.5M versus a prior-year loss. The company announced an up to $50M accelerated share repurchase and raised fiscal 2026 FX-neutral revenue-less-ancillary-services and adjusted EBITDA margin growth guidance.

Q2 and FY26 guidance: FX-neutral revenue-less-ancillary-services growth 18–24% and adjusted EBITDA margin growth ranges provided.