FLYW - NASDAQ
Flywire Corporation
$14.61
-12%Flywire Corporation, together with its subsidiaries, operates as a payment enablement and software company in the United States, Canada, and the United Kingdom, 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; and 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. Flywire Corporation 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.
At a Glance
Live SnapshotFlywire Corporation Profit Bridge
Profitability Analysis
Gross Margin
Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.
Operating Margin
Minimal operating profit suggests high operating costs or pricing challenges. Scalability is concerning.
Net Profit Margin
Minimal profitability after all expenses. Limited financial flexibility for reinvestment or shareholder returns.
Effective Tax Rate
Higher tax burden may reflect limited tax optimization or operations in high-tax jurisdictions.
Profitability Insight
Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.
Flywire Corporation Income Statement
FLYW • NASDAQ
| Flywire Corporation Income Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 |
|---|---|---|---|---|---|---|---|
REVENUE | |||||||
623M | 492.1M | 403.1M | 289.4M | 201.1M | 131.8M | 94.9M | |
GROSS PROFIT | |||||||
(240.4M) | (177.5M) | (147.3M) | (107.9M) | (70.2M) | (47.8M) | (36.7M) | |
382.7M | 314.7M | 255.8M | 181.4M | 131M | 84M | 58.2M | |
OPERATING INCOME | |||||||
(371.4M) | (321.9M) | (277.3M) | (211.7M) | (144.2M) | (99.8M) | (75.6M) | |
(292.5M) | (255.3M) | (215.2M) | (161.4M) | (112.9M) | (75.3M) | (60.6M) | |
(70.2M) | (66.6M) | (62M) | (50.3M) | (31.3M) | (24.5M) | (15M) | |
11.3M | -7.3M | -21.5M | -30.2M | -13.3M | -15.8M | -17.5M | |
PRE-TAX INCOME | |||||||
(3.5B) | (538K) | (372K) | (1.2M) | (2M) | (2.5M) | (2.5M) | |
2.1B | 20.9M | 13M | 2M | -2M | -2.5M | -2.5M | |
(8.7M) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | |
10.1M | 9.1M | 17.2M | -7.1M | -12.7M | -2.5M | -2.1M | |
21.4M | 1.9M | -4.4M | -37.4M | -25.9M | -18.3M | -19.6M | |
NET INCOME | |||||||
(7.9M) | -1M | (4.2M) | (2M) | (2.2M) | -7.2M | (550K) | |
13.5M | 2.9M | -8.6M | -39.3M | -28.1M | -11.1M | -20.1M |
SEC Filings
FLYW - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
8-K 8-K 2026 N/A | May 15, 2026 | May 15, 2026 | 2026 | |
10-Q 10-Q 2026 Q1 Q1 | May 06, 2026 | March 31, 2026 | 2026 | |
8-K 8-K 2026 N/A | May 05, 2026 | May 05, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | April 23, 2026 | June 02, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 26, 2026 | March 25, 2026 | 2026 | |
10-K 10-K 2025 FY FY | February 24, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | February 24, 2026 | February 23, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 14, 2026 | January 13, 2026 | 2026 | |
10-Q 10-Q 2025 Q3 Q3 | November 10, 2025 | September 30, 2025 | 2025 | |
8-K 8-K 2025 N/A | November 04, 2025 | November 04, 2025 | 2025 |
Related Guides
Continue your FLYW research with focused valuation guides.
Research Paths
Snapshot
Start with context, operating signals, and key market metrics.
Value Model
Stress test fair value across bear, base, and bull assumptions.
Statements
Validate revenue quality, margins, and balance sheet durability.
Earnings Call
Read management commentary and compare it with reported outcomes.
Dividends
Check payout sustainability and long-term distribution behavior.
Analyst Expectations
Review consensus spread and where estimate risk is concentrated.