Flywire (FLYW) rises after Q1 revenue and adjusted profit beat estimates

Flywire Corp. (FLYW) shares rose after the payments company reported first-quarter 2026 revenue and non-GAAP profit above Wall Street expectations, driven by growth across education, travel, healthcare and business-to-business payments. Management said demand was supported by Flywire’s multicurrency payment processing platform, with gains from new software features, expanded payment processing in additional geographies and client wins in cross-border and domestic markets. CEO Michael Massaro cited complex payment workflows in underserved sectors as a key growth driver. Flywire traded at $16.68 after the results, up from $14.53 before the earnings release. Investors are watching international client expansion, AI-driven automation’s effect on costs, adoption of new software products, cross-selling and integration of recent acquisitions.