secwatch.observer — SEC 8-K summary
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Issuer:     Flywire Corp (FLYW)
CIK:        0001580560
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001580560-26-000003
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Flywire Q1 revenue up 41% to $188.1M; raises FY 2026 guidance and announces $50M ASR
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- Revenue $188.1M (+41% YoY); Revenue Less Ancillary Services $184.0M (+43% YoY).
- Net income $12.5M vs. net loss $4.2M in prior year; Adjusted EBITDA $39.3M (+82% YoY), margin 21.4%.
- Raises FY 2026 FX-neutral revenue less ancillary services growth guidance to 18-24% (prior 15-21%), and Adj. EBITDA margin growth to +175-375 bps (prior +150-350 bps).
- Announces up to $50 million accelerated share repurchase (ASR) program.
- Signed over 200 new clients across all verticals; certified Workday Student integration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1580560/000158056026000003/0001580560-26-000003-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1580560/000158056026000003/flyw-20260505.htm
  HTML page:      https://secwatch.observer/filing/0001580560-26-000003

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer