FLYW
$18.64+2.59%
Flywire Corporation VotingStock · TechnologyRussell 2000 · 0.07% of IWMNasdaq Composite · 0.008% of ONEQRussell 3000 · 0.003% of IWVUS Stock Market · 0.003% of VTI
FLYW financial statements
The full income statement, balance sheet, and cash-flow statement for Flywire Corporation Voting (FLYW), plus valuation ratios — straight from SEC filings. Switch between annual, quarterly, and trailing-twelve-month figures, pick how far back to look, and flip the time order. Every line has a trend sparkline.
Shares outstanding (point-in-time)
2024-06 123.2M2024-09 122.6M2024-12 122.2M2025-03 120.2M2025-06 120.3M2025-09 120.2M2025-12 120.1M2026-03 121.5M2026-06 121.6M-1.3% over 8 periods
SEC-filed end-of-period counts (cover pages and balance sheets, split-adjusted) — the series realized buyback yield is computed from. The weighted-average share lines in the statements below lag these by design: an average over the year sits near the midpoint of an ongoing buyback.
PeriodRangeOrderChangeFiguresAs-reported fiscal years.
| Line item | Trend | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|---|
| Income Statement | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Revenue | 623M+26.6% | 492M+22.1% | 403M+39.3% | 289M+43.9% | 201M+52.6% | |
| 612M+22.5% | 499M+17.6% | 425M+32.9% | 320M+49.1% | 214M+45.3% | ||
| Research & development | 70.2M+5.4% | 66.6M+7.4% | 62.0M+23.4% | 50.3M+60.6% | 31.3M+27.7% | |
| Selling, general & administrative | 135M+7.7% | 126M+16.9% | 108M+29.7% | 82.9M+34.6% | 61.6M+44.4% | |
| General & administrative | 135M+7.7% | 126M+16.9% | 108M+29.7% | 82.9M+34.6% | 61.6M+44.4% | |
| Selling & marketing | 157M+21.3% | 129M+20.3% | 108M+37.2% | 78.5M+52.9% | 51.3M+57.3% | |
| Restructuring | 8.69M | 0.00 | 0.00 | — | — | |
| Amortization of intangibles | 20.1M+63.4% | 12.3M+7.0% | 11.5M+26.4% | 9.10M+35.8% | 6.70M+36.7% | |
| Provision for credit losses | 2.36M+2944.6% | -83.0K-125.5% | 326K+114.5% | 152K-7.9% | 165K-30.4% | |
| Operating income | 11.3M+255.7% | -7.25M+66.3% | -21.5M+28.8% | -30.2M-128.0% | -13.3M+16.2% | |
| Interest expense | 3.53M+555.4% | 538K+44.6% | 372K-69.3% | 1.21M-40.1% | 2.02M-20.2% | |
| Other non-operating income | 10.1M+11.3% | 9.12M-46.9% | 17.2M+389.6% | -5.93M-5538.5% | 109K-84.4% | |
| Pre-tax income | 21.4M+1052.7% | 1.86M+142.7% | -4.35M+88.4% | -37.4M-44.1% | -25.9M-41.9% | |
| Income tax | 7.94M+863.7% | -1.04M-124.7% | 4.21M+112.0% | 1.99M-7.9% | 2.16M+130.1% | |
| 13.5M+365.4% | 2.90M+133.9% | -8.57M+78.2% | -39.3M-40.1% | -28.1M-152.9% | ||
| Net income to common | 13.5M+365.4% | 2.90M+133.9% | -8.57M+78.2% | -39.3M-40.0% | -28.1M-152.7% | |
| $0.11+450.0% | $0.02+128.6% | -$0.07+80.6% | -$0.36+7.7% | -$0.39+35.0% | ||
| EPS (basic) | $0.11+450.0% | $0.02+128.6% | -$0.07+80.6% | -$0.36+7.7% | -$0.39+35.0% | |
| Weighted-avg shares (basic) | 122M-1.5% | 124M+8.2% | 115M+6.4% | 108M+51.7% | 71.2M+287.0% | |
| Weighted-avg shares (diluted) | 128M-1.2% | 129M+12.6% | 115M+6.4% | 108M+51.7% | 71.2M+287.0% | |
| Balance Sheet | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 602M-21.1% | 763M-6.5% | 816M+81.0% | 451M+1.5% | 444M+198.7% | ||
| Cash & equivalents | 330M-33.3% | 495M-24.3% | 655M+87.5% | 349M-9.4% | 385M+270.4% | |
| Short-term investments | 24.7M-78.7% | 116M | 0.00 | — | — | |
| Accounts receivable | 34.8M+46.7% | 23.7M+30.1% | 18.2M+33.0% | 13.7M+5.6% | 13.0M+12.1% | |
| Prepaid expenses | 36.5M+62.2% | 22.5M+23.6% | 18.2M+4.0% | 17.5M+78.3% | 9.83M+162.0% | |
| 1.25B+11.7% | 1.12B+4.0% | 1.08B+60.1% | 674M+5.4% | 640M+135.7% | ||
| Property, plant & equipment | 22.1M+28.9% | 17.2M+13.4% | 15.1M+13.6% | 13.3M+41.0% | 9.44M+85.1% | |
| Operating lease right-of-use | 3.67M+8.4% | 3.38M-1.2% | 3.42M+22.7% | 2.79M | — | |
| Goodwill | 407M+171.8% | 150M+22.9% | 122M+24.4% | 97.8M+13.9% | 85.8M+92.3% | |
| Intangible assets | 189M+59.3% | 119M+9.7% | 108M+10.8% | 97.6M+4.3% | 93.6M+37.2% | |
| Long-term investments | 0.00-100.0% | 50.1M | 0.00 | — | — | |
| Other non-current assets | 33.3M+38.7% | 24.0M+25.9% | 19.1M+27.7% | 14.9M+108.3% | 7.18M+45.8% | |
| 402M+38.6% | 290M+5.8% | 274M+54.4% | 177M+50.9% | 117M+32.9% | ||
| Accounts payable | 15.3M-0.4% | 15.4M+22.0% | 12.6M-5.5% | 13.3M+30.1% | 10.2M+88.4% | |
| Accrued liabilities | 55.7M+13.0% | 49.3M+562.0% | 7.45M+27.4% | 5.84M+85.5% | 3.15M+182.8% | |
| Deferred revenue | 20.0M+171.9% | 7.34M+5.3% | 6.97M+33.4% | 5.22M-4.8% | 5.49M+347.3% | |
| Current lease liability | 1.35M-21.7% | 1.72M+17.3% | 1.47M-18.9% | 1.81M | 0.00 | |
| Other current liabilities | — | — | — | 4.07M | — | |
| 418M+35.9% | 308M+4.8% | 294M+52.6% | 192M+22.0% | 158M+28.1% | ||
| Long-term debt | — | 0.00 | — | 0.00-100.0% | 25.9M+6.5% | |
| Deferred revenue (non-current) | 0.00-100.0% | 207K+22.5% | 169K+29.0% | 131K-29.2% | 185K+71.3% | |
| Non-current lease liability | 2.38M+31.4% | 1.81M | — | — | — | |
| Operating lease liability (total) | 3.73M+5.6% | 3.53M-0.5% | 3.55M+12.8% | 3.15M | — | |
| Finance lease liability (total) | — | — | — | 686K | 0.00 | |
| Deferred tax liabilities | 12.9M+2.0% | 12.6M-17.9% | 15.4M+26.7% | 12.1M+44.6% | 8.40M+1646.6% | |
| Other non-current liabilities | 3.48M-33.9% | 5.26M+18.7% | 4.43M+49.7% | 2.96M+32.3% | 2.24M+5.1% | |
| 835M+2.5% | 815M+3.6% | 786M+63.1% | 482M-0.1% | 482M+689.8% | ||
| Preferred stock | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Common stock | 13.0K+0.0% | 13.0K+18.2% | 11.0K+10.0% | 10.0K+0.0% | 10.0K+400.0% | |
| Additional paid-in capital | 1.11B+7.2% | 1.03B+7.8% | 959M+47.6% | 650M+6.7% | 609M+3489.8% | |
| Retained earnings | -157M+7.9% | -171M+1.7% | -174M-5.2% | -165M-31.3% | -126M-28.7% | |
| Treasury stock | 119M+156.4% | 46.3M+6093.8% | 747K-0.1% | 748K+0.0% | 748K+0.0% | |
| Accumulated other comprehensive income | 2.49M+220.4% | -2.07M-256.5% | 1.32M+169.0% | -1.91M-379.2% | -399K-86.4% | |
| Total liabilities & equity | 1.25B+11.7% | 1.12B+4.0% | 1.08B+60.1% | 674M+5.4% | 640M+135.7% | |
| Common shares issued | 130M+2.7% | 127M+3.1% | 123M+12.0% | 110M+6.8% | 103M+362.1% | |
| Common shares outstanding | 120M-1.7% | 122M+1.2% | 121M+12.3% | 107M+7.0% | 100M+404.2% | |
| Cash Flow | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| 100M+1.5% | 98.7M+29.2% | 76.3M+1306.8% | 5.43M-68.3% | 17.1M+220.4% | ||
| Depreciation & amortization | 26.1M+50.1% | 17.4M+10.1% | 15.8M+28.1% | 12.3M+36.7% | 9.00M+32.4% | |
| Intangible amortization | 20.1M+63.4% | 12.3M+7.0% | 11.5M+26.4% | 9.10M+35.8% | 6.70M+36.7% | |
| Share-based compensation | 71.8M+10.5% | 64.9M+48.5% | 43.7M+44.5% | 30.3M+59.9% | 18.9M+392.4% | |
| Deferred income taxes | -1.37M+84.5% | -8.79M-12313.9% | 72.0K+104.2% | -1.71M-1269.9% | 146K+101.7% | |
| Change in receivables | 6.81M+30.4% | 5.23M+189.5% | 1.80M+458.8% | 323K-45.0% | 587K-62.3% | |
| -194M+9.2% | -214M-451.9% | -38.8M-57.2% | -24.7M+60.8% | -62.9M+22.8% | ||
| Capital expenditure | 1.35M+46.1% | 924K-8.4% | 1.01M-25.4% | 1.35M+29.0% | 1.05M-51.0% | |
| Free cash flow | 98.8M+1.1% | 97.7M+29.7% | 75.3M+1749.2% | 4.07M-74.7% | 16.1M+198.3% | |
| Acquisitions | 325M+618.4% | 45.2M+38.0% | 32.8M+91.2% | 17.1M-69.5% | 56.1M-29.3% | |
| -78.4M-108.3% | -37.6M-114.3% | 263M+1198.9% | -24.0M-107.3% | 328M+175.1% | ||
| Long-term debt issued | 125M | 0.00 | 0.00 | 0.00-100.0% | 25.9M+522.5% | |
| Long-term debt repaid | 125M | 0.00 | 0.00-100.0% | 25.9M+3.8% | 25.0M+500.0% | |
| Common stock issued | 0.00 | 0.00-100.0% | 2.69M+111.7% | 1.27M | 0.00 | |
| Common stock repurchased | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Dividends paid | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| FX effect on cash | 7.52M+217.3% | -6.41M-362.3% | 2.44M-51.3% | 5.02M+453.5% | -1.42M-448.6% | |
| Net change in cash | -165M-3.5% | -159M-152.5% | 303M+894.7% | -38.2M-113.6% | 280M+1117.4% | |
| Interest paid | 2.58M | 0.00 | 0.00-100.0% | 770K-51.9% | 1.60M-23.7% | |
| Income taxes paid | 11.1M+44.2% | 7.70M+83.3% | 4.20M | — | — | |
| Valuation Ratios | as ofDec 31 ’25 | as ofDec 31 ’24 | as ofDec 31 ’23 | as ofDec 31 ’22 | as ofDec 31 ’21 | |
| Market cap | 1.70B-32.5% | 2.52B-8.8% | 2.76B+8.3% | 2.55B-33.3% | 3.82B | |
| P/E | 126.0×-85.5% | 868.8× | — | — | — | |
| P/S | 2.7×-46.7% | 5.1×-30.4% | 7.4×-22.8% | 9.5×-49.9% | 19.0× | |
| P/B | 2.0×-34.2% | 3.1×-13.3% | 3.6×-33.7% | 5.4×-32.2% | 7.9× | |
| P/FCF | 17.2×-33.2% | 25.8×-50.8% | 52.3× | — | 237.7× | |
| Earnings yield | 0.79%+589.6% | 0.12% | — | — | — | |
| FCF yield | 5.8%+49.8% | 3.9%+103.1% | 1.9% | — | 0.42% | |
| Source filing | 10-K | 10-K | 10-K | 10-K | 10-K |
About this data
Source: FLYW’s SEC filings (10-K / 10-Q). Annual columns are as-reported fiscal years; quarterly columns are as-reported fiscal quarters (Q4 derived as full-year minus the first three quarters where a company doesn’t file a standalone Q4); TTM (quarterly) rolls the trailing four quarters at every quarter end, TTM (yearly) samples that one year apart; balance-sheet rows show the period-end balance. Valuation ratios are sampled as of each period end. View all FLYW filings on SEC EDGAR → Not investment advice.