logo
Twitter
Discord
Email
logo
Flywire Corporation

Flywire Corporation

NASDAQ•FLYW
CEO: Mr. Michael Massaro
Sector: Technology
Industry: Information Technology Services
Listing Date: 2021-05-26
Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company's platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.
Contact Information
141 Tremont Street, #10, Boston, MA, 02111-1293, United States
617-329-4524
www.flywire.com
Market Cap
$1.66B
P/E (TTM)
-693.4
20.9
Dividend Yield
--
52W High
$21.31
52W Low
$8.20
52W Range
43%
Rank58Top 85.6%
2.3
F-Score
Modified Piotroski Analysis
Based on 6-year fundamentals
Weak • 2.3 / 9 points
Scoring Range (0-9)
8-9: Excellent Value
6-7: Strong Fundamentals
4-5: Average Quality
0-3: Weak Performance
Data Period: 2020-2025

Financial Dashboard

Q3 2025 Data

Revenue

$200.14M+27.63%
4-Quarter Trend

EPS

$0.24-22.58%
4-Quarter Trend

FCF

$149.87M-21.49%
4-Quarter Trend

2025 Q3 Earnings Highlights

Key Highlights

Revenue Growth Strong 9M Revenue reached $465.5M USD, marking a 24.3% increase over prior period, driven by acquisitions.
Operations Profitability Surge Income from operations improved $13.8M USD to $12.3M USD for nine months, a 920.0% increase.
Payment Volume Expansion Total Payment Volume grew 23.6% to $28.2B USD for nine months, showing strong client utilization.
Acquisition Revenue Impact Platform revenue increased 49.6% to $89.2M USD for nine months, boosted by Sertifi and Invoiced.

Risk Factors

International Student Visa Headwinds Policy changes in Canada, Australia, and US H-1B fees adversely impact education vertical revenue growth expectations.
Restructuring Costs Incurred Incurred $8.7M USD in restructuring charges for nine months related to efficiency plan implementation.
Cash Position Decline Net cash decreased $140.3M USD for nine months due to Sertifi acquisition and share repurchases.
Regulatory Compliance Burden Increased scrutiny on cross-border payments, AML/CFT, and evolving privacy laws raise compliance costs and risks.

Outlook

Strategic Technology Investment Plan continued investment in technology, AI adoption, and solution enhancement to drive long-term profitability.
Share Repurchase Authorization Board increased share repurchase program authorization by $150.0M USD, totaling $300.0M USD available.
Global Expansion Focus Continue expanding global network reach across 240 countries and 140 currencies, including B2B vertical growth.
Managing Operational Scale Must scale infrastructure and client support efficiently to offset rising operating costs and maintain margins.

Peer Comparison

Revenue (TTM)

PC Connection, Inc.CNXN
$2.88B
+3.2%
NCR Voyix CorporationVYX
$2.65B
-14.4%
Lightspeed Commerce Inc.LSPD
$1.26B
+16.8%

Gross Margin (Latest Quarter)

N-able, Inc.NABL
80.7%
-2.2pp
Porch Group, Inc.PRCH
73.6%
+16.0pp
Flywire CorporationFLYW
63.9%
-1.3pp

Key Metrics

Symbol
Market Cap
P/E (TTM)
ROE (TTM)
Debt to Assets
LASR$2.23B-50.1-20.2%10.5%
NYAX$2.17B95.012.7%25.3%
FLYW$1.66B-693.4-0.3%1.2%

Long-Term Trends

Last 4 Quarters
Revenue
Net Income
Operating Cash Flow
4Q Revenue CAGR
19.4%
Strong Growth
4Q Net Income CAGR
N/M
Profitability Shift
Cash Flow Stability
50%
Cash Flow Needs Attention

Research & Insights

Next earnings:Feb 24, 2026
|
EPS:-$0.01
|
Revenue:-
Reports
All Years

  • Form 10-Q - Q3 2025

    Period End: Sep 30, 2025|Filed: Nov 10, 2025|
    Revenue: $200.14M+27.6%
    |
    EPS: $0.24-22.6%
    Beat

  • Form 10-Q - Q2 2025

    Period End: Jun 30, 2025|Filed: Aug 6, 2025|
    Revenue: $131.89M+27.2%
    |
    EPS: $-0.10-10.5%
    Miss

  • Form 10-Q - Q1 2025

    Period End: Mar 31, 2025|Filed: May 7, 2025|
    Revenue: $133.45M+17.0%
    |
    EPS: $-0.03-33.1%
    Miss

  • Form 10-K - FY 2024

    Period End: Dec 31, 2024|Filed: Feb 26, 2025|
    Revenue: $492.14M+22.1%
    |
    EPS: $0.02+131.2%
    Beat

  • Form 10-Q - Q3 2024

    Period End: Sep 30, 2024|Filed: Nov 7, 2024|
    Revenue: $156.82M+27.2%
    |
    EPS: $0.31+239.2%
    Beat

  • Form 10-Q - Q2 2024

    Period End: Jun 30, 2024|Filed: Aug 6, 2024|
    Revenue: $103.68M+22.2%
    |
    EPS: $-0.11-26.7%
    Miss

  • Form 10-Q - Q1 2024

    Period End: Mar 31, 2024|Filed: May 7, 2024|
    Revenue: $114.10M+20.9%
    |
    EPS: $-0.05+50.7%
    Miss

  • Form 10-K - FY 2023

    Period End: Dec 31, 2023|Filed: Feb 28, 2024|
    Revenue: $403.09M+39.3%
    |
    EPS: $-0.07+79.3%
    Beat