Flywire Revenue by Segment

Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023
Transaction	471.59M	438.79M	423.49M	410.20M	396.80M	367.00M	348.60M	329.70M
Transaction Growth	18.85%	19.56%	21.48%	24.42%	30.31%	32.49%	38.44%	47.06%
Platform and App Usage	111.56M	100.96M	88.06M	82.00M	78.30M	74.60M	74.20M	73.36M
Platform and App Usage Growth	42.47%	35.33%	18.68%	11.79%	10.05%	5.74%	10.17%	12.51%

Operating Expense Breakdown

Period Ending	Sep 30, 2025	Jun 30, 2025	Mar 31, 2025	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023
Payment Processing Services	218.15M	200.39M	186.40M	177.49M	172.89M	161.23M	155.13M	147.34M
Payment Processing Services Growth	26.18%	24.29%	20.16%	20.46%	23.36%	24.48%	31.99%	36.51%
Sales and Marketing	150.21M	142.53M	135.92M	129.44M	124.91M	117.77M	113.27M	107.62M
Sales and Marketing Growth	20.25%	21.02%	20.00%	20.27%	26.07%	25.73%	32.82%	37.17%
General and Administrative	130.46M	125.52M	127.30M	125.84M	122.69M	118.48M	111.11M	107.62M
General and Administrative Growth	6.33%	5.94%	14.57%	16.92%	23.40%	22.39%	20.45%	29.75%
Technology and Development	69.04M	68.08M	66.81M	66.64M	66.16M	64.06M	64.24M	62.03M
Technology and Development Growth	4.34%	6.28%	4.00%	7.43%	14.43%	13.15%	19.40%	23.42%

Source: Business metrics provided by Main Street Data and sourced from official company press releases and documents.