Flywire annual r&d spending
2019
2020
2021
2022
2023
2024
2025
Flywire R&D Spending Growth & History (FLYW)
Flywire's r&d spending was $70.2M for fiscal 2025.
View full Flywire company overviewFlywire annual r&d spending history
| Fiscal year | Period ended | R&D spending | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $70.2M | $3.6M | +5.36% |
| 2024 | 2024-12-31 | $66.6M | $4.6M | +7.43% |
| 2023 | 2023-12-31 | $62.0M | $11.8M | +23.42% |
| 2022 | 2022-12-31 | $50.3M | $19.0M | +60.59% |
| 2021 | 2021-12-31 | $31.3M | $6.8M | +27.73% |
| 2020 | 2020-12-31 | $24.5M | $9.5M | +63.25% |
| 2019 | 2019-12-31 | $15.0M | — | — |
Flywire quarterly r&d spending
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | R&D spending | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $18.4M | $1.3M | +7.49% |
| Q1 2026 | 2026-03-31 | $19.4M | $2.5M | +14.91% |
| Q4 2025 | 2025-12-31 | $18.5M | $1.2M | +6.74% |
| Q3 2025 | 2025-09-30 | $17.6M | $955,000 | +5.72% |
| Q2 2025 | 2025-06-30 | $17.1M | $1.3M | +8.03% |
| Q1 2025 | 2025-03-31 | $16.9M | $174,000 | +1.04% |
| Q4 2024 | 2024-12-31 | $17.4M | $472,000 | +2.79% |
| Q3 2024 | 2024-09-30 | $16.7M | $2.1M | +14.42% |
| Q2 2024 | 2024-06-30 | $15.8M | −$182,000 | −1.14% |
| Q1 2024 | 2024-03-31 | $16.7M | $2.2M | +15.24% |
| Q4 2023 | 2023-12-31 | $16.9M | $4.2M | +33.14% |
| Q3 2023 | 2023-09-30 | $14.6M | $1.2M | +9.01% |
| Q2 2023 | 2023-06-30 | $16.0M | $2.8M | +21.30% |
| Q1 2023 | 2023-03-31 | $14.5M | $3.5M | +32.32% |
| Q4 2022 | 2022-12-31 | $12.7M | $3.6M | +39.60% |
| Q3 2022 | 2022-09-30 | $13.4M | $5.6M | +72.67% |
| Q2 2022 | 2022-06-30 | $13.2M | $6.3M | +90.56% |
| Q1 2022 | 2022-03-31 | $11.0M | $3.5M | +45.92% |
| Q4 2021 | 2021-12-31 | $9.1M | — | — |
| Q3 2021 | 2021-09-30 | $7.8M | $1.7M | +27.52% |
| Q2 2021 | 2021-06-30 | $6.9M | $551,000 | +8.64% |
| Q1 2021 | 2021-03-31 | $7.5M | — | — |
| Q3 2020 | 2020-09-30 | $6.1M | — | — |
| Q2 2020 | 2020-06-30 | $6.4M | — | — |
Flywire r&d spending trends
Over the last five fiscal years, Flywire's r&d spending increased from $24.5M to $70.2M, a change of $45.7M. The latest reported quarter, Q2 2026, shows $18.4M.
About the metric
What research and development spending means
Research and development (R&D) spending covers the costs of creating and improving products, services, software, technologies, and processes. Higher R&D spending may support future innovation, but the amount alone does not show whether those investments will generate returns.
Calculation and source
SEC-reported R&D expense
TickerStat standardizes research and development expense reported in company SEC filings, including the software-specific US-GAAP R&D concept when it is the filer’s primary R&D expense line. It is historical company-reported spending, not an estimate or forecast. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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