Saturday 17 October 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. In the quarter to June 2026, revenue grew 27.2%, EPS grew 30.0% and free cash flow grew 2.76%, each against the same quarter a year earlier. Revenue growth for five consecutive years, operating cash flow growth for three; insiders bought in the last twelve months.
18.44
0.91
−4.70%
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| Dec '25 | Dec '24 | Dec '23 | Dec '22 | Dec '21 | Dec '20 | Dec '19 | Dec '17 | |
|---|---|---|---|---|---|---|---|---|
Piotroski F-Score |
7 | 5 | 6 | 4 | 4 | — | — | — |
P/E ratio |
128.73 | 1,031.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
P/S ratio |
2.78 | 5.21 | 6.48 | 8.93 | 13.47 | 5.14 | 5.14 | — |
Altman Z-Score |
3.03 | 5.71 | 6.12 | 8.66 | 10.89 | — | — | — |
Altman Z″-Score (non-manufacturers) |
2.80 | 5.01 | 5.45 | 4.19 | 5.78 | (0.35) | (2.02) | — |
P/FCF ratio |
19.19 | 27.72 | 37.14 | 0.00 | 262.26 | 0.00 | 0.00 | — |
Beneish M-Score |
(2.23) | (2.48) | (2.63) | (2.68) | (2.54) | 2.12 | — | — |
P/Operating CF |
354.66 | (89.75) | 47.10 | 77.90 | (352.97) | (50.07) | (50.07) | — |
P/B ratio |
2.07 | 3.15 | 3.32 | 5.36 | 5.62 | 0.00 | 0.00 | — |
Price to Tangible BV |
7.23 | 4.69 | 4.70 | 9.01 | 8.95 | 0.00 | 0.00 | — |
EV/Sales |
2.24 | 3.98 | 4.87 | 7.73 | 11.68 | 4.29 | 4.29 | — |
EV/EBITDA |
36.11 | 205.89 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
EV/Operating CF |
13.94 | 19.83 | 25.71 | 412.19 | 137.13 | (21.29) | (21.29) | — |
EV/FCF |
15.46 | 21.17 | 27.91 | (1,361.51) | 227.45 | (18.93) | (18.93) | — |
Quick Ratio |
0.97 | 2.19 | 2.46 | 2.06 | 3.42 | 1.36 | 1.06 | — |
Current Ratio |
1.50 | 2.63 | 2.98 | 2.54 | 3.78 | 1.68 | 1.31 | — |
Net Debt/EBITDA |
(9.18) | (64.30) | 178.51 | 21.79 | 90.54 | 9.84 | 4.47 | — |
Debt/Assets |
0.00% | 0.00% | 0.00% | 0.00% | 4.05% | 8.97% | 17.47% | 0.00% |
Debt/Equity |
0.00 | 0.00 | 0.00 | 0.00 | 0.05 | (0.30) | (0.33) | — |
Asset Turnover |
0.52 | 0.45 | 0.46 | 0.44 | 0.44 | 0.64 | 1.35 | — |
Operating CF/Net income |
7.42 | 34.02 | (8.91) | (0.14) | (0.61) | 1.28 | (0.20) | — |
Capex/Depreciation |
(0.36) | (0.37) | (0.34) | (0.50) | (0.74) | (0.30) | (1.00) | — |
Interest Coverage |
3.20 | (13.49) | (57.84) | (24.95) | (6.56) | (6.24) | (7.10) | — |
| 1.64% | 0.36% | (1.35%) | (8.16%) | (14.03%) | 14.16% | 25.62% | — | |
| 1.14% | 0.26% | (0.98%) | (5.99%) | (6.16%) | (5.39%) | (28.53%) | — | |
ROIC |
1.47% | (2.23%) | (10.23%) | (14.45%) | (6.98%) | 0.00% | 0.00% | — |
Return on Tangible Assets |
6.06% | 0.59% | (1.54%) | (13.72%) | (8.36%) | (17.04%) | (66.49%) | — |
Average Days of Receivables |
20.37 | 17.58 | 16.49 | 17.28 | 23.53 | 32.05 | 6.54 | — |
Research and Development Expense of Revenue |
11.27% | 13.54% | 15.39% | 17.37% | 15.56% | 18.59% | 15.81% | — |
Selling, General and Administrative Expense of Revenue |
46.94% | 51.87% | 53.40% | 55.78% | 56.14% | 57.13% | 63.89% | — |
Intangible Assets out of Total Assets |
0.48 | 0.24 | 0.21 | 0.29 | 0.28 | 0.42 | 0.19 | 0.00 |
Share Based Compensation of Revenue |
11.52% | 13.19% | 10.85% | 10.46% | 9.41% | 2.92% | 3.11% | — |
Graham Net Nets |
0.11 | 0.18 | 0.20 | 0.10 | 0.11 | 0.24 | 0.24 | — |
Graham Number |
4.11 | 1.72 | 0.00 | 0.00 | 0.00 | 3.28 | 0.00 | — |
Earnings Yield |
0.78% | 0.10% | (0.35%) | (1.55%) | (2.02%) | (2.97%) | (2.97%) | — |
Free Cash Flow Yield |
5.21% | 3.61% | 2.69% | (0.06%) | 0.38% | (4.41%) | (4.41%) | — |
Revenue per Share |
5.09 | 3.96 | 3.51 | 2.68 | 2.83 | 7.17 | 5.91 | — |
Operating CF per Share |
0.82 | 0.79 | 0.66 | 0.05 | 0.24 | (0.77) | 0.25 | — |
Capex per Share |
(0.08) | (0.05) | (0.05) | (0.07) | (0.10) | (0.12) | (0.23) | — |
Free Cash Flow per Share |
0.74 | 0.74 | 0.61 | (0.02) | 0.15 | (0.89) | 0.02 | — |
Cash per Share |
2.90 | 4.92 | 5.70 | 3.25 | 5.47 | 5.93 | 5.35 | — |
Shareholders Equity per Share |
6.82 | 6.56 | 6.85 | 4.46 | 6.78 | (4.45) | (4.69) | — |
Interest Debt per Share |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Book value per Share |
6.82 | 6.56 | 6.85 | 4.46 | 6.78 | (4.45) | (4.69) | — |
Free Cash Flow |
90.32 | 92.43 | 70.33 | (1.64) | 10.33 | (16.36) | 0.33 | — |
Working Capital |
200.53 | 473.11 | 541.89 | 273.37 | 326.31 | 60.18 | 25.40 | — |
Capital Expenditures |
(9.86) | (6.24) | (6.01) | (7.07) | (6.80) | (2.14) | (3.75) | — |
Net Current Asset Value |
184.15 | 455.21 | 522.07 | 258.26 | 286.14 | (204.65) | (108.10) | — |
EV/EBIT |
123.66 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Capex to Sales |
0.02 | 0.01 | 0.01 | 0.02 | 0.03 | 0.02 | 0.04 | — |
Price to Operating Income |
153.42 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
| Other line items | ||||||||
Depreciation/Fixed assets |
1.24 | 0.98 | 1.18 | 1.06 | 0.98 | 1.41 | 0.77 | — |
Cash ROIC |
7.59% | 6.48% | 4.88% | (0.20%) | 1.15% | (31.69%) | 0.92% | — |
Accounts Receivable Turnover |
21.31 | 23.48 | 25.26 | 21.70 | 16.39 | 19.86 | 3.44 | — |
Accounts Payable Turnover |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Inventory Turnover |
— | — | — | 0.00 | 0.00 | 0.00 | 0.00 | — |
Average Days of Payables |
0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — |
Days of Inventory on Hand |
— | — | — | 0.00 | 0.00 | 0.00 | 0.00 | — |
Average Receivables |
29.24 | 20.96 | 15.96 | 13.33 | 12.27 | 6.64 | 27.60 | — |
Average Payables |
15.33 | 13.97 | 12.96 | 11.78 | 7.84 | 4.17 | 66.80 | — |
Average Assets |
1,187.88 | 1,101.09 | 877.01 | 657.07 | 455.64 | 206.22 | 70.50 | — |
Average Common Equity |
824.97 | 800.44 | 634.01 | 482.05 | 200.22 | (78.52) | (78.52) | — |
Columns are period end dates