Quick Answer
Flywire Corp reported R&D Expense of $70.21 million for fiscal year 2025.
Flywire Corp R&D Expense — Annual History
| Fiscal Year | R&D Expense | YoY Change |
|---|---|---|
| 2025 | $70.21M | +5.4% |
| 2024 | $66.64M | +7.4% |
| 2023 | $62.03M | +23.4% |
| 2022 | $50.26M | +60.6% |
| 2021 | $31.30M | +27.7% |
| 2020 | $24.50M | +63.3% |
| 2019 | $15.01M | — |
Quarterly R&D Expense
| Quarter Ending | R&D Expense | YoY | QoQ |
|---|---|---|---|
| September 30, 2025 | $17.65M | +5.7% | +3.2% |
| June 30, 2025 | $17.11M | +8.0% | +1.2% |
| March 31, 2025 | $16.91M | +1.0% | +1.3% |
| September 30, 2024 | $16.70M | +14.4% | +5.4% |
| June 30, 2024 | $15.83M | -1.1% | -5.4% |
| March 31, 2024 | $16.74M | +15.2% | +14.7% |
| September 30, 2023 | $14.59M | +9.0% | -8.9% |
| June 30, 2023 | $16.02M | +21.3% | +10.3% |
- Flywire Corp showed an increase of +5.4% in R&D Expense compared to the prior fiscal year.
- Over the 2019–2025 period, Flywire Corp’s r&d expense has grown by 367.8% (from $15.01 million to $70.21 million).
- The most recent figure is from Flywire Corp’s fiscal year 2025 report (Form 10-K), filed with the SEC on February 24, 2026.
- All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.
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