Flywire Corporation $FLYW reported second-quarter 2026 revenue of $167.7 million, up 27.2% from a year earlier and ahead of the $160.3 million estimate. Gross profit rose to $93.0 million, also improving year over year as the company continued to grow across its business.
Profitability remained under pressure, however. Operating loss came in at $2.8 million, while net loss attributable to common shareholders was $8.1 million, or $(0.07) per diluted share. That was better than the $(0.03) per-share estimate, even though expenses and cost of sales increased faster than revenue.
Key balance sheet and cash flow highlights included:
The shares were up 4.1% after the market close, reflecting a positive reaction to the stronger-than-expected revenue performance and ongoing growth in cash generation.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Flywire Corporation Insider Trading Activity
Flywire Corporation insiders have traded $FLYW stock on the open market 16 times in the past 6 months. Of those trades, 1 have been purchases and 15 have been sales.
Here’s a breakdown of recent trading of $FLYW stock by insiders over the last 6 months:
- MICHAEL MASSARO (Chief Executive Officer) has made 0 purchases and 3 sales selling 175,000 shares for an estimated $3,076,963.
- ROB ORGEL (President and COO) sold 178,980 shares for an estimated $3,042,660
- MOHIT KANSAL (Chief Payments Officer) has made 0 purchases and 2 sales selling 58,193 shares for an estimated $888,497.
- PETER BUTTERFIELD (General Counsel and CCO) has made 0 purchases and 4 sales selling 52,821 shares for an estimated $866,539.
- COSMIN PITIGOI (Chief Financial Officer) sold 30,000 shares for an estimated $420,000
- CAPITAL, LP VOSS purchased 25,000 shares for an estimated $274,795
- EDWIN J SANTOS has made 0 purchases and 2 sales selling 16,990 shares for an estimated $245,836.
- PHILLIP JOHN RIESE has made 0 purchases and 2 sales selling 5,000 shares for an estimated $77,130.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Flywire Corporation Hedge Fund Activity
We have seen 114 institutional investors add shares of Flywire Corporation stock to their portfolio, and 91 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- WASATCH ADVISORS LP added 2,505,756 shares (+inf%) to their portfolio in Q2 2026, for an estimated $44,026,132
- VOSS CAPITAL, LP added 1,875,000 shares (+16.0%) to their portfolio in Q1 2026, for an estimated $21,825,000
- BALYASNY ASSET MANAGEMENT L.P. added 1,490,345 shares (+615.9%) to their portfolio in Q1 2026, for an estimated $17,347,615
- CADIAN CAPITAL MANAGEMENT, LP removed 1,309,040 shares (-16.5%) from their portfolio in Q1 2026, for an estimated $15,237,225
- UBS GROUP AG removed 1,105,898 shares (-85.7%) from their portfolio in Q1 2026, for an estimated $12,872,652
- FRONTIER CAPITAL MANAGEMENT CO LLC removed 1,098,194 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $12,782,978
- BNP PARIBAS FINANCIAL MARKETS removed 998,258 shares (-97.5%) from their portfolio in Q1 2026, for an estimated $11,619,723
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Flywire Corporation Price Targets
Multiple analysts have issued price targets for $FLYW recently. We have seen 8 analysts offer price targets for $FLYW in the last 6 months, with a median target of $19.0.
Here are some recent targets:
- Will Nance from Goldman Sachs set a target price of $20.0 on 07/09/2026
- Tien-Tsin Huang from JP Morgan set a target price of $16.0 on 05/21/2026
- Matthew Coad from Truist Securities set a target price of $18.0 on 05/19/2026
- Bryan Keane from Citigroup set a target price of $16.0 on 05/07/2026
- Andrew Harte from BTIG set a target price of $20.0 on 05/06/2026
- James Faucette from Morgan Stanley set a target price of $20.0 on 05/06/2026
- Timothy Chiodo from UBS set a target price of $18.0 on 05/06/2026
