---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-054021"
form_type: "8-K"
ticker: "FLYW"
cik: "0001580560"
company_name: "Flywire Corp"
filed_at: "2023-02-28T23:59:59+00:00"
generated_at: "2026-06-18T22:06:58.127179+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Flywire reports Q4 revenue up 42% YoY to $73.1M; net loss narrows to $1.1M

## Summary
- Revenue $73.1M (+42% YoY); Revenue Less Ancillary Services $67.4M (+47% YoY, +57% constant currency).
- Gross profit $41.5M (56.8% margin); Adjusted gross profit $44.5M (66.0% margin).
- Net loss $1.1M vs $11.2M in Q4 2021; Total Payment Volume $4.1B (+29% YoY).
- Provides Q1 2023 revenue guidance $88-92M and FY 2023 revenue $340-350M.
- CEO cites strong execution and demand across education, healthcare, travel, B2B.

## SEC filing metadata
- accession: 0001193125-23-054021
- form_type: 8-K
- ticker: FLYW
- cik: 0001580560
- company_name: Flywire Corp
- filed_at: 2023-02-28T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580560/000119312523054021/0001193125-23-054021-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580560/000119312523054021/d475825d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-054021
- JSON: https://secwatch.observer/filing/0001193125-23-054021.json
- Plain text: https://secwatch.observer/filing/0001193125-23-054021.txt

## Key facts
- Earnings Releases
  Flywire Corp reported the fourth quarter ended December 31, 2022 results: revenue $73.1 million, net income Net loss was $1.1 million.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $73.1 million
  - Net income: Net loss was $1.1 million
  - Result: reported results
  source text: Fourth Quarter 2022 Financial Highlights 1 : GAAP Results • Revenue increased 42% to $73.1 million in the fourth quarter of 2022, compared to $51.4 million in the fourth quarter of 2021. • Gross Profit increased to $41.5 million, resulting in Gross Margin of 56.8%, for the fourth quarter of 2022, compared to Gross Profit of $30.7 million and Gross Margin of 59.7% in the fourth quarter of 2021. 1 See “Financial Disclosure Advisory” below. • Net loss was $1.1 million in the fourth quarter of 2022, compared to net loss of $11.2 million in the fourth quarter of 2021.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580560/000119312523054021/0001193125-23-054021-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.