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

21.43 2.28 +11.91%
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) Debt to equity

Alert me on Debt to equity

Flywire Corporation's debt to equity at the end of the quarter to 30 September 2026 was 0.0×, down 0.0× from fiscal 2025 (0.0×). Over the past ten years it has ranged from −0.3× (fiscal 2019) to 0.1× (fiscal 2021); the current reading is higher than 86% of that period. That is below the Software Infrastructure industry median of 0.0× and below the Technology sector median of 0.0×.

Debt to equity, annual

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Annual newest first

Period Debt to equity Change
FY2025 0.0× —
FY2024 0.0× —
FY2023 0.0× —
FY2022 0.0× —
FY2021 0.1× —
FY2020 −0.3× —
FY2019 −0.3× —

Quarterly newest first

Period Debt to equity Change
Sep 2026 0.0× —
Jun 2026 0.0× —
Mar 2026 0.0× —
Dec 2025 0.0× —
23 more quarters

Against its own ten years

Low −0.3× High 0.1×
Ten-year median 0.0×
Current reading's percentile 86

Debt to equity against peers

Company Debt to equity
PAYO Payoneer Global Inc. compare 0.0×
CALX Calix, Inc compare 0.0×
RAMP LiveRamp Holdings, Inc. compare 0.0×
FLYW Flywire Corporation 0.0×
NTCT NetScout Systems, Inc. compare 0.0×
GCT GigaCloud Technology Inc. compare 0.0×
PAGS PagSeguro Digital Ltd. compare 0.1×
FIVN Five9, Inc. compare 0.9×
EEFT Euronet Worldwide, Inc. compare 1.7×
Software Infrastructure industry median 0.0×
Technology sector median 0.0×
Market median 0.2×

What Debt to equity is

Debt to Equity Ratio shows how much a company relies on borrowed money compared with the money its shareholders have in the business.

(Long Term Debt (Total) + Current Part of Debt) ÷ Shareholders Equity (Total)

The full definition of Debt to equity →

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