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Flywire(NASDAQ) FLYW

Market Cap$1.95BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.
Since IPO (2021)-54%
5 Year-50%
1 Year+47%
1 Month-14%
$16.62
+3.81%
+0.61Today
After hours$16.63+$0.01 (+0.06%)
Flywire last closing stock price
MetricPriceDate
Last closeUSD 16.012026-07-31
Flywire stock price return by period
PeriodPrice returnPrice at period startPeriod start date
1 week+0.76%USD 15.892026-07-24
1 month-13.74%USD 18.562026-07-01
3 month+14.36%USD 14.002026-05-01
Year to date+13.06%USD 14.162025-12-31
1 year+47.02%USD 10.892025-07-31
3 year-54.32%USD 35.052023-08-01
5 year-49.59%USD 31.762021-07-30
Since inception-54.39%USD 35.102021-05-26

Flywire Financials at a Glance

Market Cap

$1.95BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Revenue (TTM)

$677.69M

Net Income (TTM)

$30.18M

EPS (TTM)

$0.23

P/E Ratio

69.13

Dividend

$0.00

Beta (Volatility)

1.59 (High)

Price

$16.62

Volume

2,546,400

Open

$16.25

Previous Close

$16.63

Daily Range

$16.25 - $16.67

52-Week Range

$10.11 - $18.98

Estimated Earnings Date

Aug 4, 2026

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About Flywire

Flywire helps people make big payments across the world. The company makes paying tuition and medical bills easier. It connects banks and businesses through a digital network.

What Does Flywire Build?

  • Next-Gen Platform: Manages the journey of a payment from initial invoice to final bank deposit; integrates with existing business management systems.
  • Global Payment Network: Connects banks in 240 countries and territories to accept 140 different currencies; supports both cards and bank transfers.
  • Vertical-Specific Software: Automates billing for schools, hospitals, and travel companies using software provided over the internet (SaaS).
  • Personalization Engine: Uses data and analytics to offer flexible payment plans based on a customer's ability to pay.

Growing Through Strategic Moves

  • Acquired Sertifi in February 2025 to add specialized payment tools for the hospitality industry.
  • Purchased Invoiced in August 2024 to expand its business-to-business accounts receivable software, which tracks money customers owe.
  • Integrated StudyLink in November 2023 to support student admissions and recruitment processes for education providers.
  • Established channel partnerships with Bank of America, Adyen, and Epic Systems to increase its reach among hospitals and global businesses.

Key Operational Strengths

The company utilizes its own global bank network to settle payments in local currencies without hidden fees. Its software links directly to business management systems (ERP) to automatically track money customers owe for services.

Financial Trends in 2025

  • Revenue hit $157.5 million in Q4 2025, up 34% from the same period in 2024.
  • Gross profit reached $94 million in Q4 2025, a 23.4% increase year-over-year.
  • Net income turned positive at $33,000 in Q4 2025, compared to a $15.9 million loss in 2024.
  • Free cash flow improved to $4.5 million in Q4 2025, up 110.6% from the previous year.

Bottom Line

Flywire has evolved from a cross-border payment tool into a comprehensive software platform for complex industries. Its expansion into business-to-business payments and strategic acquisitions have driven a shift toward profitability and broader global scale.

AI Generated • Apr 29, 2026

Industry

Diversified Financial Services

Employees

1,400

CEO

Michael Massaro

Headquarters

Boston, MA 02111, US

FLYW Financials

Key Financial Metrics (TTM)

Gross Margin

58.32%

Operating Margin

5.08%

Net Income Margin

4.45%

Return on Equity

3.65%

Return on Capital

2.39%

Return on Assets

2.60%

Earnings Yield

1.45%

Dividend Yield

0.00%

Payout Ratio

0.00%

Stock Overview

Market Cap

$1.95BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

Shares Outstanding

121.55M

Volume

2.55M

Avg. Volume

2.42M

Financials (TTM)

Gross Profit

$395.24M

Operating Income

$34.42M

EBITDA

$72.85M

Operating Cash Flow

$163.22M

Capital Expenditure

-$6.81M

Free Cash Flow

$156.41M

Cash & ST Invst.

$325.08M

Total Debt

$1.45M

Flywire Performance Analysis

Flywire annual revenue and year-over-year revenue growth by fiscal year
Fiscal yearPeriod endRevenueYoY growth
20222022-12-31USD 289,375,00043.9%
20232023-12-31USD 403,094,00039.3%
20242024-12-31USD 492,144,00022.1%
20252025-12-31USD 623,025,00026.6%
Flywire sequential (quarter-over-quarter) revenue growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-1.2%
Q32025-09-3051.7%
Q42025-12-31-21.3%
Q12026-03-3119.4%
Flywire annual diluted earnings per share and year-over-year EPS growth by fiscal year
Fiscal yearPeriod endDiluted EPSYoY growth
20222022-12-31USD -0.3638.1%
20232023-12-31USD -0.07-79.5%
20242024-12-31USD 0.02N/A
20252025-12-31USD 0.11371.4%
Flywire sequential (quarter-over-quarter) diluted earnings per share growth by fiscal quarter
Fiscal quarterPeriod endQoQ growth
Q22025-06-30-191.4%
Q32025-09-30333.5%
Q42025-12-31-99.9%
Q12026-03-3132500.0%

Revenue Growth Rate

Annual and quarterly growth comparison

Earnings Per Share Growth Rate

Annual and quarterly EPS growth comparison

Quarterly Performance

Name
Q1 2026YOY CHG

Revenue

$188.11M

+41.0%

Gross Profit

$95.46M

+34.5%

Gross Margin

50.75%

N/A

Market Cap

$1.95BMarket cap calculated using publicly traded shares outstanding only. Does not include unlisted, private, or dual-class non-traded shares. Implied market cap may vary.

N/A

Market Cap/Employee

$1.39M

N/A

Employees

1,400

N/A

Net Income

$12.52M

+400.9%

EBITDA

$23.01M

+1846.4%

Quarterly Fundamentals

Name
Q1 2026YOY CHG

Total Cash

$325.08M

+27.3%

Total Debt

$1.45M

-97.6%

Accounts Receivable

$148.00M

+35.5%

Inventory

$0.00

N/A

Long Term Debt

$0.00

-100.0%

Short Term Debt

$1.45M

-7.3%

Return on Assets

2.60%

N/A

Return on Invested Capital

3.96%

N/A

Free Cash Flow

-$19.41M

+75.9%

Operating Cash Flow

-$15.85M

+79.9%

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Questions About FLYW

What is the current price of Flywire?

Flywire is trading at $16.63 per share.

What is the 52-week range for Flywire?

Over the past 52 weeks, Flywire has traded between $10.11 and $18.98.

How much debt does Flywire have?

As of the most recent reporting period, Flywire reported total debt of $1.45M.

How much cash does Flywire have on hand?

Flywire reported $311.89M in cash and cash equivalents in its most recent financial results.

What is Flywire’s dividend yield?

Flywire does not currently have a dividend yield.

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