secwatch.observer — SEC 8-K summary
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Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2026-02-24T23:59:59+00:00
Accession:  0001193125-26-067020
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire Q4 revenue $157.5M (+34% YoY), net income near breakeven; guides FY2026 15-21% RLAS growth
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- Revenue Less Ancillary Services $152.7M, up 35.3% YoY (32.6% FX-neutral); Sertifi contributed $14.2M.
- Adjusted EBITDA $25.4M, margin 16.6% (+190 bps YoY); repurchased 0.7M shares for ~$10M, $182M remaining.
- Net income near break-even vs ($15.9M) loss in Q4 2024; paid down remaining $15M Sertifi debt.
- FY2026 guidance: FX-neutral RLAS growth 15-21% YoY, Adj. EBITDA margin expansion +150-350 bps.
- Appointed Patrick Blanc (ex-Visa/PayPal) as CTO; David King transitions to Chief Product Officer & Co-President of Global Education.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000119312526067020/0001193125-26-067020-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000119312526067020/d49157d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-26-067020

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