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Edge
Extra Everything: The Story of Chipotle
Chipotle's story from a single restaurant to a nationwide chain, through crisis and turnaround, built on one of the strongest models in the industry.
Flywire
Flywire (FLYW) investor relations material
Flywire Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary4 Aug, 2026
Executive summary
Q2 2026 revenue grew 27.2% year-over-year to $167.7M, driven by strong transaction volume growth, new client additions, and expanding deal sizes across all verticals.
Adjusted EBITDA increased 44.5% to $24.0M, with margin expanding by 160 basis points to 14.6% year-over-year.
Net loss narrowed to $8.1M from $12.0M in Q2 2025, reflecting improved operating leverage and cost controls.
AI-driven digital transformation and automation delivered measurable productivity gains, with 45% of customer inquiries resolved automatically.
Strong client wins and expansions across education, travel, and hospitality, with over 200 new clients signed in 45 countries.
Financial highlights
Q2 2026 total revenue less ancillary services reached $163.8M, up 28.5% year-over-year (26.9% FX neutral).
Transaction revenue was $135.9M, up 35.1% year-over-year, driven by 38.2% growth in total payment volume to $8.2B.
Adjusted gross profit grew 19% year-over-year to $92.7M; adjusted gross margin was 56.6%, down from 61.1% due to business mix shifts.
Adjusted EBITDA was $24.0M (14.6% margin), up from $16.6M (13.0% margin) in Q2 2025.
Corporate cash and cash equivalents stood at $282.4M as of June 30, 2026, with no outstanding debt and $300M revolving credit facility fully available.
Outlook and guidance
FY 2026 FX-neutral revenue less ancillary services expected to grow 21–27% year-over-year, with 3–4 points from payment processing ramps and 1.5 points inorganic contribution.
Adjusted EBITDA margin expansion of 200–400 basis points expected, reaching ~23% at midpoint.
Q3 2026 FX-neutral revenue less ancillary services growth expected at 16–22% year-over-year; adjusted EBITDA margin to expand 100–300 basis points.
Free cash flow conversion targeted at 70–75% of adjusted EBITDA; GAAP net income expected to grow four-fold to over $50M.
Guidance assumes moderate downward pressure on gross margins due to business mix, but absolute gross profit to grow.
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Next Flywire earnings date
Q3 20263 Nov, 2026
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Next Flywire earnings date
Q3 20263 Nov, 2026
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One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
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@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
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