Flywire (FLYW) Revenue & Revenue Breakdown


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Flywire Revenue Highlights


Latest Revenue (Y)

$403.09B

Latest Revenue (Q)

$156.81M

Main Segment (Y)

Transactions

Main Geography (Y)

Europe, the Middle East and Africa (EMEA)

Flywire Revenue by Period


Flywire Revenue by Year

DateRevenueChange
2023-12-31$403.09B139198.14%
2022-12-31$289.38M43.86%
2021-12-31$201.15M52.64%
2020-12-31$131.78M38.84%
2019-12-31$94.92M-

Flywire generated $403.09B in revenue during NA 2023, up 139198.14% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Flywire Revenue by Quarter

DateRevenueChange
2024-09-30$156.81M51.25%
2024-06-30$103.68M-9.14%
2024-03-31$114.10M13.48%
2023-12-31$100.55M-18.47%
2023-09-30$123.32M45.31%
2023-06-30$84.87M-10.06%
2023-03-31$94.36M29.16%
2022-12-31$73.05M-23.29%
2022-09-30$95.23M68.44%
2022-06-30$56.54M-12.42%
2022-03-31$64.55M25.60%
2021-12-31$51.39M-24.18%
2021-09-30$67.79M83.33%
2021-06-30$36.98M-17.81%
2021-03-31$44.99M35.39%
2020-12-31$33.23M-21.04%
2020-09-30$42.09M77.15%
2020-06-30$23.76M-27.37%
2020-03-31$32.71M-

Flywire generated $156.81M in revenue during Q3 2024, up 51.25% compared to the previous quarter, and up 184.77% compared to the same period a year ago.

Flywire Revenue Breakdown


Flywire Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 23Dec 22Dec 21
Platform And Usage Based Fees$73.37M$65.23M$53.16M
Transactions$329.72M$224.15M$147.99M

Flywire's latest annual revenue breakdown by segment (product or service), as of Dec 23: Transactions (81.80%), and Platform And Usage Based Fees (18.20%).

Quarterly Revenue by Product

Product/ServiceSep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Transactions$134.45M$95.20M$81.99M$104.58M$66.85M$76.30M$56.66M$77.15M$41.66M$48.69M$38.28M$53.03M$24.25M
Platform And Usage Based Fees-$18.90M$18.56M$18.74M$18.02M$18.05M$16.40M$18.09M$14.88M$15.87M$13.12M$14.76M$12.73M

Flywire's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Transactions (100.00%).

Flywire Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Europe, the Middle East and Africa (EMEA)$120.84M$69.19M-
U S--$131.68M
CANADA--$27.95M
Other Countries--$13.79M

Flywire's latest annual revenue breakdown by geography, as of Dec 23: Europe, the Middle East and Africa (EMEA) (100.00%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21
Europe, the Middle East and Africa (EMEA)$63.80M$36.16M$30.10M$40.54M$28.53M$21.66M------
CANADA------$9.06M$9.54M$8.15M$8.54M--
UNITED STATES------$52.44M$45.55M$22.96M---
Other Countries------$13.88M$7.78M$5.96M$5.64M$3.41M$2.28M
U S-------$28.49M$40.56M$29.58M--
CALIFORNIA----------$6.61M$7.28M

Flywire's latest quarterly revenue breakdown by geography, as of Sep 24: Europe, the Middle East and Africa (EMEA) (100.00%).

Flywire Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
EVTCEVERTEC$694.71B$628.67B
FLYWFlywire$403.09B$156.81M
CSGSCSG Systems$1.17B$295.14M
NTCTNetScout Systems$829.46M$191.11M
EVCMEverCommerce$675.37M$176.26M
IMXIInternational Money Express$658.74M$171.95M
QLYSQualys$554.46M$153.87M
GBGlobal Blue Group$422.30M$105.24M
CCSIConsensus Cloud Solutions$362.56M$87.75M
IIIVi3 Verticals$229.92M$56.04M
BASECouchbase$180.04M$51.63M

FLYW Revenue FAQ


What is Flywire’s yearly revenue?

Flywire's yearly revenue for 2023 was $403.09B, representing an increase of 139198.14% compared to 2022. The company's yearly revenue for 2022 was $289.38M, representing an increase of 43.86% compared to 2021. FLYW's yearly revenue for 2021 was $201.15M, representing an increase of 52.64% compared to 2020.

What is Flywire’s quarterly revenue?

Flywire's quarterly revenue for Q3 2024 was $156.82M, a 51.25% increase from the previous quarter (Q2 2024), and a 27.16% increase year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $103.68M, a -9.14% decrease from the previous quarter (Q1 2024), and a 22.16% increase year-over-year (Q2 2023). FLYW's quarterly revenue for Q1 2024 was $114.1M, a 13.48% increase from the previous quarter (Q4 2023), and a 20.93% increase year-over-year (Q1 2023).

What is Flywire’s revenue growth rate?

Flywire's revenue growth rate for the last 3 years (2021-2023) was 200295.73%, and for the last 5 years (2019-2023) was 424576.04%.

What are Flywire’s revenue streams?

Flywire's revenue streams in c 23 are Platform And Usage Based Fees, and Transactions. Platform And Usage Based Fees generated $73.37M in revenue, accounting 18.20% of the company's total revenue, up 12.49% year-over-year. Transactions generated $329.72M in revenue, accounting 81.80% of the company's total revenue, up 47.10% year-over-year.

What is Flywire’s main source of revenue?

For the fiscal year ending Dec 23, the largest source of revenue of Flywire was Transactions. This segment made a revenue of $329.72M, representing 81.80% of the company's total revenue.