Saturday 17 October 2026 Export FLYW’s income statement to Excel — free account

Flywire Corporation

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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Market cap: $2.4B
P/E: 68.3×
Fwd P/E: 32.7×
Dividend yield: —
F-score: 7/9
Altman Z: 3.03
Beneish M: −2.23
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 3.48

Total sells 28.25

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	1	—	1	—	—	—	—	—	—	—	—
Sell	2	1	2	—	2	1	5	9	2	5	4	1

Insider Ownership 7.43%

Capital & Financial Ratios $m

Market Cap 2,350.00

Revenue 713.54

Net Income 34.04

Free Cash Flow 153.67

Net Debt (294.18)

Current Ratio 1.52

Debt/Equity 0.00

P/E ratio 68.30

Fwd P/E 32.70

P/S ratio 3.16

P/B ratio 2.76

Past 5Y EPS Growth —

This Y EPS Growth 277.11%

Next Y EPS Growth 68.74%

Next Y revenue growth 22.16%

Next 5Y EPS Growth 107.73%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 28.78%

10-year low 10-year high

P/B against its own 10 years 37.49%

10-year low 10-year high

EV/Sales against its own 10 years 29.15%

10-year low 10-year high

EV/FCF against its own 10 years 21.39%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	655	611	355	294
Receivables	18	24	35	39
Inventory	—	—	—	—
Other	125	106	176	130
	816	763	602	504

	2023	2024	2025	Q'26
Payables	13	15	15	18
ST’ Debt	—	—	—	—
Other	—	—	—	—
	274	290	402	331

Compound Annual Growth %

	10y	5y	3y
Sales	—	36.44%	29.13%
Cash Flow	—	0.00%	164.28%
Earnings	—	0.00%	0.00%
Book Value	—	0.00%	20.12%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	188	168	—	—	—
’25	133	132	200	158	623
’24	114	104	157	118	492
’23	94	85	123	101	403
’22	65	57	95	73	289
’21	45	37	68	51	201
’20	33	24	42	33	132

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(16)	21	—	—	—
’25	(81)	20	156	5	100
’24	(38)	(19)	185	(29)	99
’23	(21)	(5)	47	55	76
’22	(17)	(11)	0	33	5
’21	(15)	1	38	(8)	17
’20	(47)	(41)	13	13	(14)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(19)	18	—	—	—
’25	(82)	17	154	2	90
’24	(40)	(22)	183	(29)	92
’23	(23)	(6)	45	55	70
’22	(18)	(13)	(2)	31	(2)
’21	(16)	(1)	37	(9)	10
’20	(47)	(42)	12	13	(16)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	0.10	(0.07)	—	—	—
’25	(0.03)	(0.10)	0.23	0.00	0.11
’24	(0.05)	(0.11)	0.30	(0.12)	0.02
’23	(0.03)	(0.15)	0.08	0.01	(0.07)
’22	(0.10)	(0.22)	(0.04)	(0.01)	(0.36)
’21	(0.41)	(0.35)	0.08	(0.11)	(0.39)
’20	0.04	(0.87)	0.19	(0.04)	(0.60)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	27.63	14.56	18.65	15.19	8.20	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	57.41	39.31	35.80	31.54	21.31
People
People	Employees	—	—	—	—	473	665	1,000	1,200	1,250	1,400
	Revenue/emp, $m	—	—	—	0.00	0.28	0.30	0.29	0.34	0.39	0.45
Income, $m
Income, $m	Revenue	—	—	—	95	132	201	289	403	492	623
	Gross margin, %	—	—	—	100.00	100.00	100.00	100.00	100.00	100.00	100.00
	EBT	—	—	—	(20)	(18)	(26)	(37)	(4)	2	21
	EBT margin, %	—	—	—	(20.61)	(13.87)	(12.89)	(12.91)	(1.08)	0.38	3.44
	Net income	—	0	—	(20)	(11)	(28)	(39)	(9)	3	13
	Depreciation	—	—	—	4	7	9	14	18	17	27
Per share, $
Per share, $	Revenue	—	—	—	5.91	7.17	2.83	2.68	3.51	3.96	5.09
	Earnings	—	—	—	(1.25)	(0.60)	(0.39)	(0.36)	(0.07)	0.02	0.11
	Cash flow	—	—	—	0.25	(0.77)	0.24	0.05	0.66	0.79	0.82
	Capex	—	—	—	(0.23)	(0.12)	(0.10)	(0.07)	(0.05)	(0.05)	(0.08)
	Free cash flow	—	—	—	0.02	(0.89)	0.15	(0.02)	0.61	0.74	0.74
	Book value	—	—	—	(4.69)	(4.45)	6.78	4.46	6.85	6.56	6.82
	Shares, m	—	—	—	16	18	71	108	115	124	122
Valuation, ×
Valuation, ×	P/E	—	—	—	0.00	0.00	0.00	0.00	0.00	1,031.00	128.73
	P/S	—	—	—	5.14	5.14	13.47	8.93	6.48	5.21	2.78
	P/B	—	—	—	0.00	0.00	5.62	5.36	3.32	3.15	2.07
	EV/Sales	—	—	—	4.29	4.29	11.68	7.73	4.87	3.98	2.24
	EV/FCF	—	—	—	(18.93)	(18.93)	227.45	(1,361.51)	27.91	21.17	15.46
Cash, $m
Cash, $m	Operating cash flow	—	—	—	4	(14)	17	5	76	99	100
	Capex	—	—	—	(4)	(2)	(7)	(7)	(6)	(6)	(10)
	Free cash flow	—	—	—	0	(16)	10	(2)	70	92	90
Balance, $m
Balance, $m	Working capital	—	—	—	25	60	326	273	542	473	201
	Total debt	—	—	—	25	24	26	3	—	—	—
	Net debt	—	—	—	(61)	(85)	(363)	(351)	(655)	(611)	(355)
	Shareholders’ equity	—	—	—	(75)	(82)	482	482	786	815	835
Returns, %
Returns, %	ROA	—	—	—	(28.53)	(5.39)	(6.16)	(5.99)	(0.98)	0.26	1.14
	ROIC	—	—	—	0.00	0.00	(6.98)	(14.45)	(10.23)	(2.23)	1.47
	ROE	—	—	—	25.62	14.16	(14.03)	(8.16)	(1.35)	0.36	1.64

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
STNE StoneCo Ltd.	$2.8B	4.5×	4.8×	+14.89% (above 0%: growing)	−2.63% (below 0%: shrinking)	+2,108.82% (above 0%: growing)	68.05%	43.79%	Compare
FIVN Five9, Inc.	$2.6B	42.4×	28.7×	+10.30% (above 0%: growing)	+164.90% (above 0%: growing)	−29.56% (below 0%: shrinking)	53.37%	0.63%	Compare
EEFT Euronet Worldwide, Inc.	$2.5B	10.2×	8.9×	+3.17% (above 0%: growing)	−24.67% (below 0%: shrinking)	−24.07% (below 0%: shrinking)	42.30%	12.37%	Compare
PAYO Payoneer Global Inc.	$2.4B	49.9×	18.9×	+5.24% (above 0%: growing)	n/m	−37.08% (below 0%: shrinking)	100.00%	6.17%	Compare
FLYW Flywire Corporation	$2.4B	68.3×	32.7×	+27.18% (above 0%: growing)	n/m	+2.76% (above 0%: growing)	100.00%	(1.65%)
CALX Calix, Inc	$2.3B	46.2×	47.2×	+21.27% (above 0%: growing)	n/m	−66.53% (below 0%: shrinking)	54.59%	7.45%	Compare
RAMP LiveRamp Holdings, Inc.	$2.3B	15.1×	13.4×	+9.84% (above 0%: growing)	+141.67% (above 0%: growing)	+200.97% (above 0%: growing)	70.54%	9.42%	Compare
INFQ Infleqtion, Inc.	$2.1B	— (loss-making)	—	—	n/m	+442.38% (above 0%: growing)	16.01%	(220.55%)	Compare
GCT GigaCloud Technology Inc.	$2.1B	13.6×	7.7×	+27.60% (above 0%: growing)	+27.47% (above 0%: growing)	+21.82% (above 0%: growing)	25.64%	11.54%	Compare
Median of peers	$2.4B	15.1×	13.4×	+10.30%	+27.47%	−1.12%	53.98%	8.44%

All 173 Software Infrastructure stocks →

Flywire Corporation (FLYW) key facts

Strength: Flywire Corporation’s revenue for fiscal 2025 (year ended December 2025) was $623.0 million, up 26.6% from fiscal 2024.
Strength: Net income was $13.5 million, or $0.11 per share (basic), a net margin of 2.17%.
Flywire Corporation (FLYW) is a Software Infrastructure company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, FLYW traded at $18.44, a market capitalization of $2.4 billion.
At that price the stock trades at 68.3× trailing-twelve-month earnings and 3.2× sales.
Return on equity was 1.64% and debt-to-equity 0.00.
Its Piotroski F-score is 7 out of 9 and its Altman Z-score is 3.03 (safe zone) for fiscal 2025.