Flywire
FLYW
18.15
-0.07
-0.36%
Flywire
US · FLYW
#2724 by market cap
Listed 2021
18.15
-0.07
-0.36%
Live - 5344 symbols - heartbeat 36s ago
· 2026-10-07 19:54
After-hours
18.15
0.00%
- Market cap
- 2.21B
- P/E (TTM)i
- 67.22
- P/Bi
- 2.70
- EPSi
- 0.11
- Div yieldi
- 0.00%
- 52W posi
- 83%
Reader sentiment
Are you bullish or bearish on FLYW?
Anonymous reader poll. Unscientific, not investment advice.
✦ Quant Financial Health how this is computed
Good
- Altman Z-Score is 3.73, above the 3.0 "safe zone" threshold.
- Most reliable for industrial/manufacturing companies; less meaningful for banks, insurers and other financials.
Revenue annual, last 7 years
Latest year +26.59% YoY
Margins
- Gross margin
- 61.42%
- Operating margin
- 3.21%
- Net margin
- 2.17%
Key ratios & quality
- Altman Z-Scorei
- 3.73
Altman Z-Score below ~1.8 suggests financial distress risk, above ~3.0 suggests low risk; the model is most reliable for industrial/manufacturing companies and less meaningful for banks and other financial firms.
Income statement
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Revenue | 94.92M | 131.78M | 201.15M | 289.38M | 403.09M | 492.14M | 623.03M |
| Gross profit | 58.19M | 83.98M | 130.96M | 181.44M | 255.76M | 314.65M | 382.67M |
| Selling & admin expenses | 60.64M | 75.29M | 112.92M | 161.41M | 215.25M | 255.27M | 292.47M |
| Research & development | 15.01M | 24.50M | 31.30M | 50.26M | 62.03M | 66.64M | 70.21M |
| Operating profit | -17.46M | -15.82M | -13.26M | -30.22M | -21.52M | -7.26M | 19.99M |
| Pretax profit | -19.57M | -18.28M | -25.93M | -37.36M | -4.35M | 1.86M | 21.44M |
| Tax | 550.00K | -7.17M | 2.16M | 1.99M | 4.21M | -1.04M | 7.94M |
| Net profit | -20.12M | -11.11M | -28.09M | -39.35M | -8.57M | 2.90M | 13.50M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.23 | -0.12 | -0.39 | -0.36 | -0.07 | 0.02 | 0.11 |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Revenue | 133.45M | 131.89M | 200.14M | 157.54M | 188.11M | 167.74M |
| Gross profit | 70.99M | 47.90M | 127.82M | 93.95M | 95.46M | 60.20M |
| Selling & admin expenses | 52.23M | 39.05M | 77.92M | 76.38M | 60.05M | 43.58M |
| Research & development | 16.91M | 17.11M | 17.65M | 18.54M | 19.43M | 18.39M |
| Operating profit | -1.15M | -8.25M | 32.25M | -965.00K | 10.78M | -1.77M |
| Pretax profit | -5.04M | -5.03M | 31.20M | 311.00K | 14.69M | -5.32M |
| Tax | -884.00K | 6.98M | 1.57M | 278.00K | 2.17M | 2.83M |
| Net profit | -4.16M | -12.01M | 29.63M | 33.00K | 12.52M | -8.15M |
| Basic EPS | 0 | 0 | 0 | 0 | 0 | 0 |
| Diluted EPS | -0.03 | -0.10 | 0.23 | 0.00 | 0.10 | -0.07 |
Balance sheet
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Total current assets | 108.18M | 148.56M | 443.79M | 450.64M | 815.68M | 762.88M | 602.29M |
| Cash & ST investments | 86.03M | 104.05M | 385.36M | 349.18M | 654.61M | 611.09M | 355.00M |
| Inventory | -- | -- | -- | -- | -- | -- | -- |
| Total assets | 141.00M | 271.44M | 639.85M | 674.29M | 1.08B | 1.12B | 1.25B |
| Total current liabilities | 82.78M | 88.38M | 117.48M | 177.28M | 273.79M | 289.78M | 401.76M |
| Short-term debt | 3.90M | -- | -- | 1.81M | 1.47M | 1.72M | 1.35M |
| Long-term debt | 20.74M | 24.35M | 25.94M | -- | -- | -- | -- |
| Total liabilities | 216,276,000.00 | 353,204,000.00 | 157,644,000.00 | 192,384,000.00 | 293,614,000.00 | 307,679,000.00 | 418,142,000.00 |
| Total equity | -75.28M | -81.76M | 482.20M | 481.90M | 786.12M | 814.77M | 835.17M |
| Retained earnings | -86.67M | -97.77M | -125.86M | -165.20M | -173.77M | -170.87M | -157.37M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Total current assets | 396.53M | 448.76M | 606.13M | 602.29M | 512.35M | 504.47M |
| Cash & ST investments | 255.33M | 274.23M | 377.34M | 355.00M | 325.08M | 294.18M |
| Inventory | -- | -- | -- | -- | -- | -- |
| Total assets | 1.06B | 1.11B | 1.26B | 1.25B | 1.16B | 1.16B |
| Total current liabilities | 195.93M | 240.24M | 395.92M | 401.76M | 293.53M | 330.92M |
| Short-term debt | 1.57M | 1.42M | 1.25M | 1.35M | 1.45M | 1.47M |
| Long-term debt | 60.00M | 60.00M | 15.00M | -- | -- | -- |
| Total liabilities | 276,083,000.00 | 321,924,000.00 | 430,741,000.00 | 418,142,000.00 | 310,151,000.00 | 346,396,000.00 |
| Total equity | 784.27M | 792.42M | 829.13M | 835.17M | 852.23M | 816.59M |
| Retained earnings | -175.03M | -187.04M | -157.41M | -157.37M | -144.86M | -153.00M |
Cash flow
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.07M | -14.22M | 17.13M | 5.43M | 76.35M | 98.67M | 100.18M |
| Depreciation & amortization | 3.73M | 6.79M | 9.00M | 12.30M | 15.76M | 17.36M | 26.06M |
| Free cash flow | 325.00K | -16.36M | 10.45M | -1.64M | 70.33M | 92.43M | 90.32M |
| Dividends paid | -- | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -295.00K | 0 | 268.69M | 0 | 261.12M | -43.74M | -74.33M |
| Ending cash balance | 86.03M | 109.05M | 389.36M | 351.18M | 654.61M | 495.24M | 330.30M |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| Operating cash flow | -80.79M | 19.92M | 156.17M | 4.89M | -15.85M | 21.10M |
| Depreciation & amortization | 5.50M | 6.77M | 6.77M | 7.02M | 8.02M | 7.29M |
| Free cash flow | -82.29M | 17.29M | 153.52M | 1.80M | -19.41M | 17.76M |
| Dividends paid | -- | -- | -- | -- | -- | -- |
| Stock buybacks / issuance | -49.30M | -5.00M | -10.02M | -10.01M | -10.03M | -49.53M |
| Ending cash balance | 190.51M | 249.69M | 354.91M | 330.30M | 311.89M | 282.39M |
Returns & efficiency
| Line item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| ROE %i | -- | -- | -14.03 | -8.16 | -1.35 | 0.36 | 1.64 |
| ROA %i | -14.27 | -5.08 | -6.17 | -5.99 | -0.98 | 0.26 | 1.14 |
| ROIC %i | -- | -- | -11.81 | -7.93 | -2.96 | -1.70 | 1.47 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- | -4.31 |
| EBIT margin %i | -18.02 | -11.95 | -11.88 | -12.49 | -0.99 | 0.49 | 4.01 |
| FCF / sales %i | 0.34 | -- | 5.19 | -- | 18.51 | 17.32 | 14.50 |
| Current ratioi | 1.31 | 1.68 | 3.78 | 2.54 | 2.98 | 2.63 | 1.50 |
| Quick ratioi | 1.27 | 1.58 | 3.66 | 2.43 | 2.91 | 2.55 | 1.41 |
| Debt / assetsi | 17.47 | 8.97 | 4.05 | 0.27 | 0.14 | 0.15 | 0.11 |
| LT debt / equityi | -- | -- | 5.38 | -- | -- | -- | -- |
| Interest coveragei | -6.96 | -6.22 | -11.83 | -29.85 | -10.70 | 4.46 | 7.08 |
| Revenue CAGR (3Y) %i | -- | -- | -- | 45.00 | 45.16 | 34.75 | 29.13 |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | 106.83 | -- |
| Line item | 2025-03 | 2025-06 | 2025-09 | 2025-12 | 2026-03 | 2026-06 |
|---|---|---|---|---|---|---|
| ROE %i | 0.63 | 0.86 | -0.29 | 1.64 | 3.69 | 4.23 |
| ROA %i | 0.48 | 0.65 | -0.19 | 1.14 | 2.72 | 2.99 |
| ROIC %i | -1.03 | -0.29 | -0.89 | 1.47 | 3.63 | 4.14 |
| 5-year avg ROE %i | -- | -- | -- | -- | -- | -- |
| EBIT margin %i | 0.50 | 1.42 | 1.60 | 4.01 | 6.53 | 6.06 |
| FCF / sales %i | 8.69 | 16.23 | 8.91 | 14.50 | 22.61 | 21.54 |
| Current ratioi | 2.02 | 1.87 | 1.53 | 1.50 | 1.75 | 1.52 |
| Quick ratioi | 1.86 | 1.71 | 1.43 | 1.41 | 1.61 | 1.40 |
| Debt / assetsi | 5.81 | 5.51 | 1.29 | 0.11 | 0.13 | 0.13 |
| LT debt / equityi | 7.65 | 7.57 | 1.81 | -- | -- | -- |
| Interest coveragei | 2.27 | 3.73 | 2.99 | 7.08 | 14.26 | 18.38 |
| Revenue CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| Net income CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
| FCF CAGR (3Y) %i | -- | -- | -- | -- | -- | -- |
Revenue breakdown most recent period
Business
Single segment100.00%
Quote time 2026-10-07 19:54:59 · For reference only, not investment advice and not tailored to your situation.