Key Highlights

  • Flywire shares were trading up 3.4% at USD 22.20 on Friday, November 13, 2026, in market data, and no company announcement explaining the move was found; the last report was on November 3.
  • Third-quarter Revenue rose 25.1% to USD 250.3 million, and revenue less ancillary services rose 26.0% to USD 244.5 million, while total payment Volume reached USD 17.8 billion, up 27.7%.
  • Net income was USD 74.5 million against USD 29.6 million, including a non-cash tax benefit of about USD 39.2 million that the company does not expect to recur.
  • Cash and cash equivalents were USD 407.2 million on September 30, 2026, and the company repurchased about USD 59.6 million of stock in the first nine months.

No Fresh Catalyst After the November 3 Report

Flywire (NASDAQ:FLYW) was trading up 3.4% at USD 22.20 on Friday, November 13, 2026, in market data, which is the figure of record for the live session only. Market data lists the voting share class. Searches for November 11 to 13 found no new release, filing, deal or analyst action, so no cause for the move is confirmed. The most recent event is the third-quarter report of November 3, 2026. Calculated from the move, the prior close was about USD 21.47.

Adjusted Profit Rose, but Net Income Had a Tax Boost

Flywire runs a payment platform that moves tuition and other large cross-border payments for schools, healthcare and travel clients. Adjusted EBITDA rose 39.2% to USD 79.5 million, a Margin of 32.5%, up about 310 basis points. Income from operations was USD 52.8 million and Diluted Earnings per Share were USD 0.57. Net income of USD 74.5 million includes the one-off tax benefit of about USD 39.2 million from releasing a U.S. valuation allowance, so excluding it net income would be about USD 35.3 million, simple arithmetic on two reported figures. Revenue less ancillary services, the company's preferred growth measure, strips out pass-through ancillary revenue. Gross Profit was USD 152.7 million, a GAAP gross margin of 61.0%, while adjusted gross margin was 63.7%.

Guidance Raised for 2026, but the Fourth Quarter Slows

For 2026 the company now expects foreign-exchange-neutral growth in revenue less ancillary services of 25% to 27%, with the midpoint raised by 2 points, and adjusted EBITDA margin growth of 300 to 360 basis points. For the fourth quarter it guided growth of 14% to 20%, well below the 26.0% recorded in the third quarter, which implies a clear slowdown. Margin growth guidance for the fourth quarter is 330 to 530 basis points. The stock reaction to the report was not verified. Risks include currency swings and a slower fourth quarter. Net cash from Operating Activities was USD 130.4 million for the first nine months, and the company bought back about USD 29.0 million of non-voting stock and USD 30.5 million of voting stock over that period.

Where Things Stand

No verified news explains the 3.4% gain to USD 22.20, so it cannot be called a reaction to a specific event. Flywire (NASDAQ:FLYW) reported strong third-quarter growth and raised its full-year outlook on November 3, 2026, but net income was flattered by a tax benefit and fourth-quarter growth is guided much lower. The next markers are the fourth-quarter report, with its date not confirmed, and whether growth tracks the 14% to 20% range guided.