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) Free cash flow margin

Alert me on Free cash flow margin

Flywire Corporation's free cash flow margin over the twelve months to 30 September 2026 was 0.00%, down 14.5 percentage points from fiscal 2025 (14.5%). Over the past ten years it has ranged from −12.4% (fiscal 2020) to 18.8% (fiscal 2024); the current reading is higher than 71% of that period. That is above the Software Infrastructure industry median of 0.00% and above the Technology sector median of 1.27%.

Free cash flow margin, annual

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Annual newest first

Period Free cash flow margin Change (points)
FY2025 14.5% (4.28)
FY2024 18.8% 1.33
FY2023 17.5% 18.02
FY2022 −0.57% (5.70)
FY2021 5.13% 17.55
FY2020 −12.4% (12.76)
FY2019 0.34% —

Against its own ten years

Low −12.4% High 18.8%
Ten-year median 5.13%
Current reading's percentile 71

Free cash flow margin against peers

Company Free cash flow margin
NTCT NetScout Systems, Inc. compare 29.2%
RAMP LiveRamp Holdings, Inc. compare 23.9%
FLYW Flywire Corporation 21.5%
PAGS PagSeguro Digital Ltd. compare 18.4%
FIVN Five9, Inc. compare 14.1%
GCT GigaCloud Technology Inc. compare 10.8%
PAYO Payoneer Global Inc. compare 10.7%
CALX Calix, Inc compare 5.42%
EEFT Euronet Worldwide, Inc. compare 0.00%
Software Infrastructure industry median 0.00%
Technology sector median 1.27%
Market median 0.00%

What Free cash flow margin is

Free Cash Flow Margin tells an investor how much of each sale turns into cash the company keeps after paying for investment in its assets.

(Operating Cash Flow + Property, Plant, Equipment Change (Net) + Intangible Assets Change (Net)) ÷ Revenue

The full definition of Free cash flow margin →

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