Flywire Corp (FLYW) Financial Statements
Industry: Business Services (Other) (Services)
In fiscal 2025, Flywire reported revenue of $623.0M, up 26.6% from $492.1M the year before. Net income was $13.5M (a 2.2% net margin), or $0.11 per diluted share. Operating margin was 1.8%. Operating activities generated $100.2M of cash, leaving $98.8M of free cash flow. At fiscal year end, Flywire held $1.25B in total assets against $418.1M in total liabilities, including $330.3M of cash and equivalents.
Open the full interactive Flywire financials → Quarterly statements, key ratios, valuation history and price charts.
Flywire Key Stats
| Share Price | $18.26 |
|---|---|
| Market Cap | $2.24B |
| P/E Ratio | 166.0 |
| Revenue YoY Growth | +26.6% |
| 52-Week Range | $10.64 – $19.54 |
| Shares Outstanding | 122.4 million (basic, 2026 Q2) |
Flywire Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $201.1M | $289.4M | $403.1M | $492.1M | $623.0M |
| Operating Income | -$13.3M | -$30.2M | -$21.5M | -$7.3M | $11.3M |
| Pre-Tax Income | -$25.9M | -$37.4M | -$4.4M | $1.9M | $21.4M |
| Income Tax | $2.2M | $2.0M | $4.2M | -$1.0M | $7.9M |
| Net Income | -$28.1M | -$39.3M | -$8.6M | $2.9M | $13.5M |
| Diluted EPS | -$0.39 | -$0.36 | -$0.07 | $0.02 | $0.11 |
Flywire Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $200.1M | $157.5M | $188.1M | $167.7M |
| Net Income | $29.6M | $33,000 | $12.5M | -$8.1M |
| Diluted EPS | $0.23 | $0.00 | $0.10 | -$0.07 |
Flywire Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $385.4M | $349.2M | $654.6M | $495.2M | $330.3M |
| Current Assets | $443.8M | $450.6M | $815.7M | $762.9M | $602.3M |
| Total Assets | $639.8M | $674.3M | $1.08B | $1.12B | $1.25B |
| Current Liabilities | $117.5M | $177.3M | $273.8M | $289.8M | $401.8M |
| Total Long-Term Debt | $25.9M | — | — | — | — |
| Total Liabilities | $157.6M | $192.4M | $293.6M | $307.7M | $418.1M |
| Shareholders' Equity | $482.2M | $481.9M | $786.1M | $814.8M | $835.2M |
Flywire Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $17.1M | $5.4M | $80.6M | $91.5M | $100.2M |
| Cash From Investing | -$62.9M | -$24.7M | -$38.8M | -$215.8M | -$194.2M |
| Cash From Financing | $327.5M | -$24.0M | $263.4M | -$37.6M | -$78.4M |
| Free Cash Flow | $10.4M | -$1.6M | $79.6M | $90.5M | $98.8M |
Figures from Flywire's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Flywire financials page for every line item.
Flywire Company Profile
| Ticker | FLYW |
|---|---|
| Exchange | Nasdaq |
| Industry | Business Services (Other) (Services) |
| Headquarters | Boston, Massachusetts |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Large accelerated filer |
| SEC CIK | 0001580560 |
Frequently Asked Questions
What was Flywire's revenue in fiscal 2025?
Flywire (FLYW) reported revenue of $623.0M for fiscal 2025.
What is Flywire's annual revenue history?
Flywire's annual revenue by fiscal year: 2021: $201.1M; 2022: $289.4M; 2023: $403.1M; 2024: $492.1M; 2025: $623.0M.
What was Flywire's net income in fiscal 2025?
Flywire reported net income of $13.5M for fiscal 2025.
What was Flywire's earnings per share (EPS) in fiscal 2025?
Flywire's diluted EPS was $0.11 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Flywire generate in fiscal 2025?
Flywire generated $98.8M of free cash flow in fiscal 2025.
What was Flywire's revenue last quarter?
In its most recent reported quarter (2026 Q2), Flywire reported revenue of $167.7M.
How many shares of Flywire are outstanding?
Flywire reported a weighted average of 122.4 million basic shares outstanding in 2026 Q2.
What is Flywire's market cap?
Based on its latest closing price, Flywire (FLYW) has a market capitalization of about $2.24B.
When does Flywire's fiscal year end?
Flywire's fiscal year end, as registered with the SEC, is December 31.
Where is Flywire headquartered?
Flywire lists its business address in Boston, Massachusetts in its SEC filings.