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Flywire Corp (FLYW) Financial History

20 years of revenue, earnings, cash-flow and balance-sheet history from public filings.

TECHNOLOGY · SOFTWARE - INFRASTRUCTURE · DATA UPDATED 2026-09-06

Flywire Corp (FLYW) operates in the SOFTWARE - INFRASTRUCTURE industry and is headquartered in Boston, United States with about 1,500 employees. Its market capitalization is roughly $2 billion. In the fiscal year ended 2025-12-31, FLYW reported $623M in revenue and $13M in net income.

Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Europe, the Middle East, and Africa and the Asia Pacific.

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FLYW Revenue & Earnings History — Annual Income Statement

Income statementTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Revenue$714M$623M$492M$403M$289M$201M$132M$95M
Gross Profit$410M$383M$315M$403M$181M$131M$84M$58M
Gross Margin %57.5%61.4%63.9%100.0%62.7%65.1%63.7%61.3%
Operating Income (EBIT)$39M$20M($7M)($22M)($30M)($13M)($16M)($17M)
Operating Margin %5.5%3.2%-1.5%-5.3%-10.4%-6.6%-12.0%-18.4%
Net Income$34M$13M$3M($9M)($39M)($28M)($11M)($20M)
Net Margin %4.8%2.2%0.6%-2.1%-13.6%-14.0%-8.4%-21.2%
EBITDA$77M$51M$20M($22M)($24M)($15M)($9M)($13M)
Earnings Per Share (EPS)$0.26$0.11$0.02$-0.07$-0.36$-0.26$-0.11$-0.20
Shares Outstanding (M)122M128M129M115M108M106M101M101M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FLYW Quarterly Revenue & Earnings — Last 8 Quarters

Quarterly income statement2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Total Revenue$168M$188M$158M$200M$132M$133M$118M$157M
Gross Profit$93M$95M$94M$128M$78M$71M$76M$102M
Gross Margin %55.4%50.7%59.6%63.9%59.1%53.2%64.8%65.2%
Operating Income (EBIT)($3M)$11M($1M)$32M($8M)($1M)($6M)$20M
Operating Margin %-1.7%5.7%-0.6%16.1%-5.8%-0.9%-4.9%12.9%
Net Income($8M)$13M$0M$30M($12M)($4M)($16M)$39M
Net Margin %-4.9%6.7%0.0%14.8%-9.1%-3.1%-13.5%24.8%
EBITDA$7M$23M$8M$39M$3M$1M($10M)$35M
Earnings Per Share (EPS)$-0.07$0.10$0.00$0.23$-0.10$-0.03$-0.13$0.30
Shares Outstanding (M)122M128M128M128M123M123M124M129M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FLYW Free Cash Flow History

Cash flowTTM → 2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Cash from Operations (CFO)$160M$100M$91M$81M$5M$17M($14M)$4M
Capital Expenditures (CapEx)$8M$1M$1M$6M$7M$7M$2M$4M
Free Cash Flow (FCF)$153M$99M$91M$75M($2M)$10M($16M)$0M
FCF Margin %21.4%15.9%18.4%18.5%-0.8%5.2%-12.4%0.3%
Dividends Paid$3M$10M

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FLYW Quarterly Free Cash Flow — Last 8 Quarters

Quarterly cash flow2026-06-302026-03-312025-12-312025-09-302025-06-302025-03-312024-12-312024-09-30
Cash from Operations (CFO)$21M($16M)$5M$150M$24M($79M)($41M)$191M
Capital Expenditures (CapEx)$3M$4M$0M$0M$3M$1M$1M$0M
Free Cash Flow (FCF)$18M($19M)$4M$150M$21M($80M)($42M)$191M
FCF Margin %10.6%-10.3%2.9%74.9%16.3%-60.2%-36.0%121.7%

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

FLYW Balance Sheet History

Balance sheet2026-06-302025-12-312024-12-312023-12-312022-12-312021-12-312020-12-312019-12-31
Total Assets$1.2B$1.3B$1.1B$1.1B$674M$640M$271M$141M
Cash & Cash Equivalents$282M$330M$495M$655M$349M$385M$104M$86M
Total Liabilities$346M$418M$308M$294M$192M$157M$353M$216M
Total Debt (Short + Long-Term)$0M$1M$2M$1M$2M$120M$99M$25M
Total Shareholders' Equity$817M$835M$815M$786M$482M$482M($82M)($75M)

USD; $M / $B as marked. Newest period first. Source: public company filings (via Yahoo Finance aggregation).

Quarterly statements, profitability ratios, price history, insider activity and institutional holders are in the interactive FLYW viewer.

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