Flywire Corp's stock surged 11.21% in pre-market trading on Wednesday, following the company's release of impressive fourth-quarter financial results that exceeded analyst expectations.
The global payments enablement company reported quarterly revenue of $157.5 million, beating consensus estimates by 7.60% and representing a 34% year-over-year increase. Adjusted EBITDA for the quarter also surpassed expectations, coming in at $25.4 million. Investor sentiment was further bolstered by Flywire's optimistic guidance for 2026, which forecasts FX-neutral revenue growth of 15-21% for the full year and expectations for adjusted EBITDA margin expansion.
The company's strong performance was attributed to continued growth across its verticals and the contribution from the Sertifi acquisition, which added $14.2 million to Q4 revenue. Total payment volume increased 35.6% to $9.3 billion in the fourth quarter, indicating robust underlying demand for Flywire's payment solutions.