What move does the options market price into Flywire's report?

Implied ±23.1%, either direction · provisional.

How often does Flywire move more than the options market prices?

4 of the last 8 reports moved at least as far as the implied move.

FLYWNasdaqServices-Business Services, NEC

Flywire Corp (FLYW) earnings date, market-implied expected move, and options open interest by expiry

21.80

+2.65 · +13.84%

post 21.80 0.00%

After hours16:00 ETdelayed

Open21.06Volume3.3MMkt cap$2.3BP/E34.06EPS0.64

Day20.11 – 22.0388%52-wk10.55 – 20.24100%

FLYW

Flywire Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±23.1%implied · straddle

14.7323.57

spot 19.15exp Mar 19ATM strike 20ATM straddle 5.20IV 48%

Nov 3 closeprovisional

Expected move

Inputs

Next report

Feb 23

after close · in 111 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 3

after close

confirmedQ3 FY26Nov 3 close

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+0.51%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

238 managers

Top fund weight

0.07%

FLYW weight · IWM

N-PORTJun 30 '26

4 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Flywire (FLYW) is expected to report on Feb 23 after close (estimated date).

Implied vs realized

8 reports

4 of 8≥ implied

avg implied: ±13.0%
avg realized: ±14.8%

Nov 7 '24Nov 7 '24confirmed±14.0%▲+14.70%×1.05

Feb 25 '25Feb 25 '25confirmed±14.8%▼−37.36%×2.52

May 6 '25May 6 '25confirmed±11.2%▲+8.57%×0.77

Aug 5 '25Aug 5 '25confirmed±12.4%▲+16.76%×1.35

Q3 FY25Nov 4 '25confirmed±15.1%▲+1.30%×0.09

Feb 24 '26Feb 24 '26confirmed±14.0%▲+11.39%×0.81

Q1 FY26May 5 '26confirmed±10.9%▲+20.51%×1.88

Q2 FY26Aug 4 '26confirmed±11.7%▲+8.05%×0.69

quarterimplied−40%0+40%realized×

Q2 FY26±11.7%▲+8.05%×0.69

Q1 FY26±10.9%▲+20.51%×1.88

Feb '26±14.0%▲+11.39%×0.81

Q3 FY25±15.1%▲+1.30%×0.09

Aug '25±12.4%▲+16.76%×1.35

May '25±11.2%▲+8.57%×0.77

2 older reports

Feb '25±14.8%▼−37.36%×2.52

Nov '24±14.0%▲+14.70%×1.05

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Nov 2 close

0.24OI · 3 expiries · Nov 2 closeP/C open interest · Mar 19 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

3,008+37500%Nov 2016d18.011670%18.01

17,8850%Dec 1844d8.732,0480%8.73

report · Feb 23 · after close · est.

670%Mar 19135d2780%

ExpiryPutsCallsP/C

Nov 2016d3,008+37500%1670%18.01

Dec 1844d17,8850%2,0480%8.73

report · Feb 23 · after close · est.

Mar 19135d670%2780%0.24

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±23.1%

Funds 4

IWM±0.0%

UWM±0.0%

VTI±0.0%

VT±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ3 FY26

29.78%as filednet margin · revenue +49.22% QoQ · +25.06% YoY

Revenue

$250M+49.22% QoQ

Gross profit

$250M+49.22% QoQ

100.00% margin

Operating income

$53M+2003.97% QoQ

21.08% margin

Pre-tax income

$52M+1084.65% QoQ

Net income

$75M+1014.97% QoQ

29.78% margin

Operating expenses

$198M+15.85% QoQ

Other operating $94M

SG&A $44M

Marketing $43M

Other operating $17M

Other expense

$405,000

Tax benefit

$22M

Revenue$250M+49.22%

Gross profit

$250M+49.22%

100.00% margin

Operating income

$53M+2003.97%

21.08% margin

Pre-tax income

$52M+1084.65%

Net income

$75M+1014.97%

29.78% margin

Cost of revenue

Operating expenses

$198M+15.85%

Other operating $94M

SG&A $44M

Marketing $43M

Other expense

$405,000

Tax benefit$22M

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Sep 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

PPI ×1.73· ±3.8% vs ±2.2% · 11 releases

eventrelease day|move|up · n×base

PPIproducer prices±3.8%5 of 11×1.73

FOMCrate decision±2.5%12 of 24×1.16

PCEpersonal income & outlays±1.7%10 of 20×0.76

GDPgross domestic product±1.3%8 of 20×0.59

NFPjobs report±1.2%4 of 10×0.55

CPROFcorporate profits±1.1%6 of 12×0.52

CPIconsumer prices±1.1%5 of 11×0.51

Bar = avg |move| to ±4% · tick = ±2.2% avg day · ×base = |move| ÷ ±2.2% · min 6 releases

Earnings history

EPS 0.57 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	0.57	—
Q2 FY26	Aug 4 '26 · confirmed	-0.07	—
Q1 FY26	May 5 '26 · confirmed	0.10	—
Q3 FY25	Nov 4 '25 · confirmed	0.23	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod