Flywire Expands Davidson Hospitality Deal After Q2 Revenue Rose 27.2%

Insider Monkey··USEUAS·Read original
3▲1 ▼0Impact / 5
Summary · why it matters

Flywire announced on September 9 that it is deepening its partnership with Davidson Hospitality Group, expanding its payment and e-signature platform across Davidson's full portfolio of hotels after properties already using the tools saw signature turnaround times fall by roughly 75%. The hospitality push extends beyond that single deal: Flywire signed 42 hospitality software deals across Europe and Asia in the first half of 2026 and expanded across nearly 90 US hotel properties with Driftwood Hospitality. In the second quarter, revenue rose 27.2% year over year to $167.7 million, total payment volume jumped 38.2% to $8.2 billion, and adjusted EBITDA climbed 44.5% to $24.0 million, lifting the margin about 160 basis points to 14.6%, prompting Flywire to raise its full-year revenue growth guidance by 300 basis points at the midpoint and its adjusted EBITDA margin guidance by 25 basis points. Underneath that growth, gross margin slipped to 53.4% from 57.0% a year earlier and adjusted gross margin fell to 56.6% from 61.1%, while the company posted a GAAP net loss of $8.1 million, narrower than the $12.0 million loss a year earlier. Hedge fund ownership rose from 28 funds to 35, short interest sits at 10.53% of float, and Flywire trades at a forward P/E of 19.27 as of September 22.

Impact on assets 1

Digital Finance & Tokenization▲ · 1 stocks
Flywire Corp
FLYW
▲ PositiveCapitalDemandrelevance

Q2 revenue rose 27.2% to $167.7M with adjusted EBITDA up 44.5%, prompting Flywire to raise full-year revenue and margin guidance.

Off-coverage companies 2

Davidson Hospitality GroupPrivate▲ Positive
Demandrelevance

Flywire deepened its partnership with Davidson Hospitality Group, expanding its platform across Davidson's full hotel portfolio after signature turnaround times fell ~75%.

Driftwood HospitalityPrivate▲ Positive
Demandrelevance

Flywire expanded its payment and e-signature platform across nearly 90 Driftwood Hospitality hotel properties.

© 2026 MarketIVNews