---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-23-206282"
form_type: "8-K"
ticker: "FLYW"
cik: "0001580560"
company_name: "Flywire Corp"
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T01:57:04.440094+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Flywire Q2 revenue $84.9M (+50% YoY); net loss narrows; raises FY2023 outlook

## Summary
- Revenue $84.9M, up 50.3% YoY; net loss improved to $16.8M from $23.8M YoY.
- Revenue less ancillary services $79.5M (+54.4% YoY; +56.7% constant currency).
- Total payment volume $4.1B, up 43% YoY.
- Adjusted gross profit $50.5M (63.5% margin; down 330 bps YoY due to FX settlement losses).
- Company raises FY2023 guidance and provides Q3 outlook.

## SEC filing metadata
- accession: 0001193125-23-206282
- form_type: 8-K
- ticker: FLYW
- cik: 0001580560
- company_name: Flywire Corp
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1580560/000119312523206282/0001193125-23-206282-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1580560/000119312523206282/d498799d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-23-206282
- JSON: https://secwatch.observer/filing/0001193125-23-206282.json
- Plain text: https://secwatch.observer/filing/0001193125-23-206282.txt

## Key facts
- Earnings Releases
  Flywire Corp reported second quarter ended June 30, 2023 results: revenue $84.9 million, net income $(16.8) million. Guidance raised.
  - Period: second quarter ended June 30, 2023
  - Revenue: $84.9 million
  - Net income: $(16.8) million
  - Guidance: raised
  - Result: preliminary results
  source text: for the second half of the year, leading us to increase our guidance for fiscal year 2023.” Second Quarter 2023 Financial Highlights: GAAP Results • Revenue increased 50.3% to $84.9 million in the second quarter of 2023, compared to $56.5 million in the second quarter of 2022. • Gross Profit increased to $48.8 million, resulting in Gross Margin of 57.5%, for the
  evidence_url: https://www.sec.gov/Archives/edgar/data/1580560/000119312523206282/0001193125-23-206282-index.htm

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