Company / R&D Expense
Flywire Corp R&D Expense History
FY2019-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest R&D Expense
$70.2M
FY2025
5-year range
$15.0M / $70.2M
FY2021-FY2025
Trend
+5.4%
vs FY2024
Sector context
#89 of 174
Industrials
What the data says
At $70M, Flywire Corp's r&d expense ranks #89 of 174 in the Industrials sector. R&D Expense has increased for 4 consecutive years, from $15M in FY2021 to $70M in FY2025.
Based on SEC 10-K filings.
$70M in FY2025 with a 5-year CAGR of +23.4%.
Improved from $62M to $70M over the past 2 years.
Industrials sector context is included.
R&D Expense over time
Growth rates
- 3-Year CAGR
- +11.8%
- 5-Year CAGR
- +23.4%
- 10-Year CAGR
- -
Sector benchmark
#89 of 174 in IndustrialsTop 51% of 174This company $70.2M Sector average $273.7M
▼
-74.4% below sector average
Key checks
Key Insights
- Flywire Corp's r&d expense has grown for 4 consecutive years.
- 5-year CAGR of +23.4%, indicating consistent growth.
- In FY2025, r&d expense increased 5.4% year-over-year.
- Ranks #89 out of 174 companies in the Industrials sector.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | R&D ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $70.2M | +5.4% |
| FY2024 | $66.6M | +7.4% |
| FY2023 | $62.0M | +23.4% |
| FY2022 | $50.3M | +234.9% |
| FY2021 | $15.0M | -38.7% |
| FY2020 | $24.5M | +63.3% |
| FY2019 | $15.0M | - |
As of FY2025 · SEC 10-K · Updated Jun 30, 2026