FLYW (Flywire) Research & Development: $72.7 Mil (TTM As of Mar. 2026)


FLYW Flywire Corp FLYW
79 GF Score
Price $16.52
GF Value $26.97
Valuation Significantly Undervalued
! 6 Warning Signs
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What is Flywire Research & Development?

Flywire FLYW +5.76% 79 Research & Development is $72.7 Mil as of Mar. 2026. GuruFocus rates FLYW with a GF Score™ of 79/100 and a GF Value™ of $26.97 (Significantly Undervalued). The stock has 6 warning signs investors should review.

Research & Development is the aggregate amount of research and development expenses during the year. Flywire's Research & Development for the three months ended in Mar. 2026 was $19.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 was $72.7 Mil.

Flywire  (NAS:FLYW) Research & Development Explanation

If competitive advantage is created by a patent or tech advantage, at some point it will disappear.

High R&D usually dictates high SG&A which threatens the competitive advantage.

Flywire Research & Development Related Terms

Flywire Research & Development Historical Data

* Premium members only.

The historical data trend for Flywire's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Flywire Research & Development Chart

Flywire Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Research & Development
Get a 7-Day Free Trial 31.30 50.26 62.03 66.64 70.21

Flywire Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 16.91 17.11 17.65 18.54 19.43
FLYW
79GF Score
Flywire Corp FLYW
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Flywire Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $72.7 Mil.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $72.7 Mil mean?
Flywire (FLYW) has a Research & Development of $72.7 Mil as of Mar. 2026. Research and development expense is the total cost for research and development activities. View historical data on Flywire and its competitors.
Is Flywire's Research & Development too high?
Flywire's current Research & Development is $72.7 Mil. Overall, Flywire has a GF Score™ of 79/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Flywire's Research & Development compare to BAND and FIVN?
Flywire's Research & Development of $72.7 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Flywire and its competitors. Flywire's current Research & Development is $72.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Flywire stock overvalued right now?
Based on GuruFocus' analysis, Flywire (FLYW) is currently considered Significantly Undervalued. The stock's GF Value™ is $26.97, compared to a current price of $16.52 — trading 38.8% below its estimated fair value. The current Research & Development is $72.7 Mil. Flywire's overall GF Score™ is 79/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Flywire (FLYW), the current Research & Development is $72.7 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Flywire (FLYW) Overvalued in 2026?

Based on GuruFocus' analysis, Flywire stock appears to be undervalued. The current stock price of $16.52 is trading 38.8% below its estimated GF Value™ of $26.97. GuruFocus considers Flywire to be Significantly Undervalued.

Key valuation signals for FLYW:

  • Research & Development: $72.7 Mil
  • GF Value™: $26.97 vs. price of $16.52 (38.8% below fair value)
  • GF Score™: 79/100 with 6 warning signs

No single metric tells the full story. See the FLYW stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Flywire Business Description

Other Exchanges 9E2:Germany
Address 141 Tremont Street, Suite 10, Boston, MA, USA, 02111
Flywire Corp provides a secure payment platform, offering its clients a streamlined process to receive reconciled domestic and international payments more cost-effectively and efficiently. The company's solutions are built on three core elements, namely a payments platform, a proprietary payment network, and vertical-specific software backed by its deep industry expertise. Geographically, the majority of revenue is from the Americas.
79GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$16.52
Price
$26.97
GF Value