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) P/B ratio

Alert me on P/B ratio

As of 3 November 2026, Flywire Corporation (FLYW) trades at a P/B ratio of 2.6×. Over the past ten years it has ranged from 0.0× (June 2021) to 11.6× (October 2021); the current reading is higher than 31% of that period. That is in line with the Software Infrastructure industry median of 2.9× and above the Technology sector median of 2.6×.

P/B ratio, daily

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Annual newest first

Period P/B ratio Change
FY2025 2.1× (34.03%)
FY2024 3.1× (5.36%)
FY2023 3.3× (38.00%)
FY2022 5.4× (4.58%)
FY2021 5.6× —
FY2020 0.0× —
FY2019 0.0× —

Quarterly newest first

Period P/B ratio Change
Sep 2026 2.3× (10.89%)
Jun 2026 2.6× 57.83%
Mar 2026 1.7× (19.58%)
Dec 2025 2.1× 3.78%
23 more quarters

Against its own ten years

Low 0.0× High 11.6×
Ten-year median 3.3×
Current reading's percentile 40

P/B ratio against peers

Company P/B ratio
PAGS PagSeguro Digital Ltd. compare 0.7×
NTCT NetScout Systems, Inc. compare 1.6×
EEFT Euronet Worldwide, Inc. compare 2.0×
RAMP LiveRamp Holdings, Inc. compare 2.4×
FLYW Flywire Corporation 2.9×
CALX Calix, Inc compare 3.0×
FIVN Five9, Inc. compare 3.4×
PAYO Payoneer Global Inc. compare 3.7×
GCT GigaCloud Technology Inc. compare 3.7×
Software Infrastructure industry median 2.9×
Technology sector median 2.6×
Market median 1.7×

What P/B ratio is

Price to Book Value tells an investor how much the market pays for a company’s shares relative to the accounting net worth that belongs to common shareholders.

Stock Price ÷ (Common Equity (Total) (latest quarter) ÷ Shares (Basic, Weighted) (latest quarter))

The full definition of P/B ratio →

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