Friday 6 November 2026 Export FLYW’s income statement to Excel — free account

Flywire Corporation

FLYW Technology Software Infrastructure

Flywire Corporation’s revenue for fiscal 2025 (year ended December 2025) was $623.0 million, up 26.6% from fiscal 2024.

Revenue: +25.1%
EPS: +154.2%
Free cash flow: +2.76%

Quarter to September 2026, against a year earlier

21.26 0.55 −2.52%

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Market cap: $2.6B
P/E: 33.2×
Fwd P/E: 47.6×
Dividend yield: —
F-score: 7/9
Altman Z: 3.03
Beneish M: −2.23
Dividend safety: n/a

Overview

Insider Decisions last twelve months

Bought, $m 3.48

Sold, $m 29.72

Trades a month
	Jan 26			Apr 26			Jul 26			Oct 26
Buy	1	—	1	—	—	—	—	—	—	—	—	—
Sell	1	2	—	2	1	5	9	2	5	4	1	2

Insider Ownership 7.07%

Capital & Financial Ratios $m

Size

Market Cap 2,590.00

Revenue ttm 763.70

Net income ttm 78.95

Free cash flow ttm 153.67

Net debt Q (410.22)

Valuation

P/E 33.22

Forward P/E 47.60

Price / sales 3.40

Forward P/S Powerpack

Price / FCF 16.87

Price / book 2.85

Financial health

Current ratio Q 1.53

Debt / equity Q 0.00

Interest coverage Q 113.95

Growth

Revenue growth Q +25.06%

Operating income growth Q +63.58%

EPS, this year +467.19%

EPS, next year A +12.66%

Revenue, next year A +22.11%

EPS, past 5 yrs —

EPS, next 5 yrs A +110.55%

Green and red mark values outside typical ranges; (Q) is the latest quarter, (A) analysts’ estimates. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 31.12%

10-year low 10-year high

P/B against its own 10 years 40.82%

10-year low 10-year high

EV/Sales against its own 10 years 31.26%

10-year low 10-year high

EV/FCF against its own 10 years 28.52%

10-year low 10-year high

Dividends

Yield: —
Annual rate: —
Payout ratio: —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	655	611	355	410
Receivables	18	24	35	48
Inventory	—	—	—	—
Other	125	106	176	—
	816	763	602	684

	2023	2024	2025	Q'26
Payables	13	15	15	21
ST’ Debt	—	—	—	—
Other	—	—	—	—
	274	290	402	447

Compound Annual Growth %

	10y	5y	3y
Sales	—	36.44%	29.13%
Cash Flow	—	0.00%	164.28%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	20.12%

Earnings Trends EPS, adjusted, against the consensus

Q3 FY26 Estimate 0.50 Actual 0.68

−0.11 0.11 0.34 0.56 0.78

Q4 FY25 Beat +0.01

Q1 FY26 Beat +0.07

Q2 FY26 Miss −0.05

Q3 FY26 Beat +0.18

Q4 FY26 — Feb 23

Earnings per share against the consensus, by quarter
Quarter	Estimate	Reported	Result
Q4 FY25	−0.01	0.00	Beat by 0.01
Q1 FY26	0.03	0.10	Beat by 0.07
Q2 FY26	0.09	0.04	Miss by 0.05
Q3 FY26	0.50	0.68	Beat by 0.18
Q4 FY26	0.20	—	Reports 23 February 2027

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.10	(0.07)	0.61	—	—
’25	(0.03)	(0.10)	0.23	0.00	0.11
’24	(0.05)	(0.11)	0.30	(0.12)	0.02
’23	(0.03)	(0.15)	0.08	0.01	(0.07)
’22	(0.10)	(0.22)	(0.04)	(0.01)	(0.36)
’21	(0.41)	(0.35)	0.08	(0.11)	(0.39)
’20	0.04	(0.87)	0.19	(0.04)	(0.60)

Fiscal quarters ending in the months shown.

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	188	168	250	—	—
’25	133	132	200	158	623
’24	114	104	157	118	492
’23	94	85	123	101	403
’22	65	57	95	73	289
’21	45	37	68	51	201
’20	33	24	42	33	132

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(16)	21	—	—	—
’25	(81)	20	156	5	100
’24	(38)	(19)	185	(29)	99
’23	(21)	(5)	47	55	76
’22	(17)	(11)	0	33	5
’21	(15)	1	38	(8)	17
’20	(47)	(41)	13	13	(14)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(19)	18	—	—	—
’25	(82)	17	154	2	90
’24	(40)	(22)	183	(29)	92
’23	(23)	(6)	45	55	70
’22	(18)	(13)	(2)	31	(2)
’21	(16)	(1)	37	(9)	10
’20	(47)	(42)	12	13	(16)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	TTM Sep ’26	Trend	10 yrs	2026e	2027e	2028e	Next 3/yr
													Ten-year view		Analyst estimates Powerpack
Income, $m
Income, $m	Revenue	—	—	—	95	132	201	289	403	492	623	764		+36.8%	761	877	1,010	+17.5%
	Gross margin, %	—	—	—	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00		0.0 pt	Powerpack Flywire Corporation’s next three years, line by line Analysts expect revenue to grow 17.5% a year to 2028 — slower than the 36.8% of the last 6 years. See the consensus for every other line: earnings, margins, cash flow, valuation and returns. Unlock estimates Try Powerpack free for 7 days, then $99 / year ($8.25 a month). Cancel any time. Also in Powerpack: every quarter, Excel exports, API & MCP access. Compare plans
	EBT	—	—	—	(20)	(18)	(26)	(37)	(4)	2	21	41		n/m
	EBT margin, %	—	—	—	(20.61)	(13.87)	(12.89)	(12.91)	(1.08)	0.38	3.44	0.00		+24.1 pt
	Net income	—	0	—	(20)	(11)	(28)	(39)	(9)	3	13	79		n/m
Per share, $
Per share, $	Revenue	—	—	—	5.91	7.17	2.83	2.68	3.51	3.96	5.09	6.26		(2.4%)
	Earnings	—	—	—	(1.25)	(0.60)	(0.39)	(0.36)	(0.07)	0.02	0.11	0.64		n/m
	Cash flow	—	—	—	0.25	(0.77)	0.24	0.05	0.66	0.79	0.82	0.00		+21.6%
	Capex	—	—	—	(0.23)	(0.12)	(0.10)	(0.07)	(0.05)	(0.05)	(0.08)	0.00		(16.3%)
	Free cash flow	—	—	—	0.02	(0.89)	0.15	(0.02)	0.61	0.74	0.74	0.00		+82.2%
	Book value	—	—	—	(4.69)	(4.45)	6.78	4.46	6.85	6.56	6.82	7.46		n/m
	Shares, m	—	—	—	16	18	71	108	115	124	122	122		+40.3%
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	1,031.00	128.73	33.22		165.7
	P/S	—	—	—	5.14	5.14	13.47	8.93	6.48	5.21	2.78	3.40		6.7
	P/B	—	—	—	0.00	0.00	5.62	5.36	3.32	3.15	2.07	2.85		2.8
	EV/Sales	—	—	—	4.29	4.29	11.68	7.73	4.87	3.98	2.24	2.88		5.6
	EV/FCF	—	—	—	(18.93)	(18.93)	227.45	(1,361.51)	27.91	21.17	15.46	14.33		(158.2)
Cash, $m
Cash, $m	Operating cash flow	—	—	—	4	(14)	17	5	76	99	100	166		+70.5%
	Capex	—	—	—	(4)	(2)	(7)	(7)	(6)	(6)	(10)	(13)		+17.5%
	Free cash flow	—	—	—	0	(16)	10	(2)	70	92	90	154		+155.5%
Balance, $m
Balance, $m	Working capital	—	—	—	25	60	326	273	542	473	201	237		+41.1%
	Net debt	—	—	—	(61)	(85)	(363)	(351)	(655)	(611)	(355)	(410)		+34.0%
	Shareholders’ equity	—	—	—	(75)	(82)	482	482	786	815	835	909		n/m
Returns, %
Returns, %	ROA	—	—	—	(28.53)	(5.39)	(6.16)	(5.99)	(0.98)	0.26	1.14	6.00		+29.7 pt
	ROIC	—	—	—	0.00	0.00	(6.98)	(14.45)	(10.23)	(2.23)	1.47	7.49		+1.5 pt
	ROE	—	—	—	25.62	14.16	(14.03)	(8.16)	(1.35)	0.36	1.64	9.08		(24.0) pt
People
People	Employees	—	—	—	—	473	665	1,000	1,200	1,250	1,400	—		+24.2%
	Revenue/emp, $m	—	—	—	0.00	0.28	0.30	0.29	0.34	0.39	0.45	—		n/m

Negative figures in brackets.

estimates

All 10 years →

Fiscal years to Dec 2025 · latest quarter Sep 2026 · fundamentals updated 4 Nov 2026

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
CLBT Cellebrite DI Ltd.	$3.1B	51.3×	48.2×	+15.77% (above 0%: growing)	−62.50% (below 0%: shrinking)	−79.43% (below 0%: shrinking)	80.78%	5.30%	Compare
TCGL TechCreate Group Ltd.	$3.1B	—	—	—	—	—	—	—	Compare
TDC Teradata Corporation	$3.0B	6.7×	7.7×	+0.49% (above 0%: growing)	+444.44% (above 0%: growing)	+169.23% (above 0%: growing)	59.27%	11.71%	Compare
EEFT Euronet Worldwide, Inc.	$2.7B	10.2×	9.4×	+1.34% (above 0%: growing)	−10.13% (below 0%: shrinking)	−24.07% (below 0%: shrinking)	43.42%	14.78%	Compare
FLYW Flywire Corporation	$2.6B	33.2×	47.6×	+25.06% (above 0%: growing)	+154.17% (above 0%: growing)	+2.76% (above 0%: growing)	100.00%	21.08%
FIVN Five9, Inc.	$2.6B	47.5×	46.6×	+13.11% (above 0%: growing)	−17.39% (below 0%: shrinking)	+13.07% (above 0%: growing)	53.43%	4.42%	Compare
PAYO Payoneer Global Inc.	$2.4B	50.2×	48.1×	+2.25% (above 0%: growing)	0.00%	+32.83% (above 0%: growing)	100.00%	9.06%	Compare
NTCT NetScout Systems, Inc.	$2.3B	17.8×	28.0×	+1.45% (above 0%: growing)	+33.33% (above 0%: growing)	−442.48% (below 0%: shrinking)	79.51%	16.92%	Compare
PAGS PagSeguro Digital Ltd.	$2.1B	5.3×	5.3×	+12.61% (above 0%: growing)	+21.88% (above 0%: growing)	−67.14% (below 0%: shrinking)	53.43%	38.71%	Compare
Median of peers	$2.6B	17.8×	28.0×	+2.25%	0.00%	−24.07%	59.27%	11.71%

All 183 Software Infrastructure stocks →

Pay and ownership Proxy statement filed 23 April 2026

Chief executive’s pay

Year	Total pay	Actually paid	$100 invested
2025	8.80m	7.08m	59.00
2024	10.00m	6.45m	86.00
2023	8.67m	8.25m	96.00
2022	7.07m	(4.64m)	102.00
2021	4.77m	40.71m	159.00

Ownership

Directors and executive officers, together 5.00%

Entities affiliated with Voss Capital 10.10%

Cadian Capital Management, LP 6.50%

BlackRock, Inc. 6.40%

Ossa Investments Pte. Ltd. 5.10%

Total pay is as the Summary Compensation Table states it; actually paid revalues the year’s share awards at its end, as the SEC’s pay-versus-performance rule asks. $100 invested is what $100 in the company’s shares at the start of the earliest year shown was worth at each year’s end. Ownership is the proxy’s own table: the directors and officers as a group, and every holder of 5% or more. Read the proxy statement

Flywire Corporation (FLYW) Latest News

4 Nov

Impact 3 · 10:29 AM · The Motley Fool transcript

Flywire (FLYW) Q3 2026 Earnings Call Transcript

Impact 3 · 8:30 AM · Moby

Flywire Corporation Q3 2026 Earnings Call Summary

Impact 3 · 2:08 AM · GuruFocus.com

Flywire Corp (FLYW) Q3 2026 Earnings Call Highlights: Record Revenue, Raised Guidance, and ...

3 Nov

Impact 3 · 8:14 PM · MarketBeat

What Flywire (FLYW) Said on Its Q3 Earnings Call

Impact 3 · 6:55 PM · Zacks

Flywire (FLYW) Q3 Earnings and Revenues Surpass Estimates

Impact 3 · 6:30 PM · Zacks

Compared to Estimates, Flywire (FLYW) Q3 Earnings: A Look at Key Metrics

Impact 3 · 6:16 PM · Associated Press

Flywire: Q3 Earnings Snapshot

Impact 3 · 5:08 PM · Investing.com

Flywire soars 11% on earnings beat and raised guidance

Impact 3 · 4:01 PM · GlobeNewswire

Flywire Reports Third Quarter 2026 Financial Results

29 Oct

Impact 4 · 9:25 AM · GlobeNewswire

Liquidity Services Inc. Implements Flywire to Process Domestic and Cross-Border B2B Payments for Global E-Commerce Platform

23 Oct

Impact 3 · 2:32 PM · StockStory

2 cash-heavy stocks to research further and 1 we turn down

22 Oct

Impact 4 · 9:00 AM · GlobeNewswire

Flywire Surpasses Landmark 1 Million Student Payment Plan Enrollments Since Inception, Driving Tuition Retention and Financial Success Across the U.S. Higher Education Sector

20 Oct

Impact 3 · 8:00 AM · GlobeNewswire

Flywire to Announce Third Quarter 2026 Earnings on November 3, 2026

7 Oct

Impact 4 · 7:12 AM · Simply Wall St.

Will Flywire’s (FLYW) New Tech Veteran Director Subtly Reframe Its Long‑Term Platform Ambitions?

2 Oct

Impact 4 · 7:10 AM · Simply Wall St.

Flywire (FLYW) Jumps On Strong Results As Undervalued Narrative Faces A Valuation Test

Impact 3 · 4:06 AM · Simply Wall St.

Can Flywire (FLYW) Justify Its Valuation With Stronger Returns?

30 Sep

Impact 3 · 1:17 PM · StockStory

2 Reasons to Like FLYW and 1 to Stay Skeptical

29 Sep

Impact 3 · 4:57 PM · americanbanker.com

As real-time payments go global, how can banks manage AI security?

Impact 3 · 5:28 AM · StockStory

2 of Wall Street’s Favorite Stocks Worth Your Attention and 1 We Turn Down

23 Sep

Impact 4 · 9:47 AM · Insider Monkey

Can Flywire’s (FLYW) Hotel Payment Deals Justify Its Growth Story?

Impact 4 · 9:00 AM · GlobeNewswire

Flywire Appoints Sabrina Farmer to its Board of Directors

3 Sep

Impact 4 · 10:55 AM

Flywire (FLYW) Bets On Open Banking To Widen Its Payment Moat

1 Sep

Impact 3 · 5:09 AM

Flywire (FLYW) Just Gave Investors Something To Think About

20 Aug

Impact 3 · 12:22 PM

PayPal Deepens College Push: Can Tuition Payments Drive More Volume?

13 Aug

Impact 3 · 7:55 AM · electronicpaymentsinternational.com

Flywire expands payment support in US and Canada with Trustly

12 Aug

Impact 3 · 8:53 PM

Flywire’s Q2 Earnings Call: Our Top 5 Analyst Questions

Impact 3 · 9:00 AM

Flywire Expands Trustly Partnership to Deliver Open Banking Payments Across the U.S. and Canada

11 Aug

Impact 3 · 8:31 PM · The Motley Fool transcript

Flywire (FLYW) Q2 2026 Earnings Call Transcript

8 Aug

Impact 3 · 7:11 AM

Flywire (FLYW) Posted Stronger Earnings And Buybacks, Is The Stock Still Cheap?

5 Aug

Impact 3 · 12:54 PM

FLYW Q2 Earnings Call Focuses on Guidance and Margin Expansion

Flywire Corporation

Insider Decisions last twelve months

Capital & Financial Ratios $m

Valuation vs history

Dividends

Assets vs Liabilities $m

Compound Annual Growth %

Earnings Trends EPS, adjusted, against the consensus

EPS $

Revenue $m

Operating Cash Flow $m

Free Cash Flow $m

Target Price Range

Recommendation Rating

Ten years at a glance Fiscal years to December

Flywire Corporation vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Pay and ownership Proxy statement filed 23 April 2026

Chief executive’s pay

Ownership

Flywire Corporation (FLYW) Latest News

4 Nov

3 Nov

29 Oct

23 Oct

22 Oct

20 Oct

7 Oct

2 Oct

30 Sep

29 Sep

23 Sep

3 Sep

1 Sep

20 Aug

13 Aug

12 Aug

11 Aug

8 Aug

5 Aug

FLYW metrics, ten years each

Insider Decisions last twelve months

Capital & Financial Ratios $m

Valuation vs history

Dividends

Assets vs Liabilities $m

Compound Annual Growth %

Earnings Trends EPS, adjusted, against the consensus

EPS $

Revenue $m

Operating Cash Flow $m

Free Cash Flow $m

Target Price Range

Recommendation Rating

Ten years at a glance Fiscal years to December

Flywire Corporation vs peers in Software Infrastructure (Q) = latest quarter vs a year earlier

Pay and ownership Proxy statement filed 23 April 2026

Chief executive’s pay

Ownership

Flywire Corporation (FLYW) Latest News

4 Nov

3 Nov

29 Oct

23 Oct

22 Oct

20 Oct

7 Oct

2 Oct

30 Sep

29 Sep

23 Sep

3 Sep

1 Sep

20 Aug

13 Aug

12 Aug

11 Aug

8 Aug

5 Aug

FLYW metrics, ten years each

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