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

21.50 2.35 +12.27%
Market cap
$2.3B
P/E
29.8×
Fwd P/E
47.6×
Dividend yield
—
F-score
7/9
Altman Z
3.03
Beneish M
−2.23
Dividend safety
n/a

Flywire Corporation (FLYW) Current ratio

Alert me on Current ratio

Flywire Corporation's current ratio at the end of the quarter to 30 September 2026 was 1.5×, up 0.0× from fiscal 2025 (1.5×). Over the past ten years it has ranged from 1.3× (fiscal 2019) to 3.8× (fiscal 2021); the current reading is higher than 29% of that period. That is in line with the Software Infrastructure industry median of 1.5× and below the Technology sector median of 1.9×.

Current ratio, annual

Embed this chart

Annual newest first

Period Current ratio Change
FY2025 1.5× (43.06%)
FY2024 2.6× (11.63%)
FY2023 3.0× 17.20%
FY2022 2.5× (32.71%)
FY2021 3.8× 124.74%
FY2020 1.7× 28.62%
FY2019 1.3× —

Quarterly newest first

Period Current ratio Change
Sep 2026 1.5× 0.31%
Jun 2026 1.5× (12.66%)
Mar 2026 1.7× 16.44%
Dec 2025 1.5× (2.08%)
21 more quarters

Against its own ten years

Low 1.3× High 3.8×
Ten-year median 2.5×
Current reading's percentile 29

Current ratio against peers

Company Current ratio
FIVN Five9, Inc. compare 4.1×
CALX Calix, Inc compare 3.0×
RAMP LiveRamp Holdings, Inc. compare 2.7×
GCT GigaCloud Technology Inc. compare 2.1×
NTCT NetScout Systems, Inc. compare 1.8×
PAGS PagSeguro Digital Ltd. compare 1.6×
FLYW Flywire Corporation 1.5×
EEFT Euronet Worldwide, Inc. compare 1.4×
PAYO Payoneer Global Inc. compare 1.0×
Software Infrastructure industry median 1.5×
Technology sector median 1.9×
Market median 1.6×

What Current ratio is

Current Ratio shows whether a company’s short-term assets are enough to cover the bills and debts it must pay within the next year.

Current Assets (Total) ÷ Current Liabilities (Total)

The full definition of Current ratio →

More on FLYW