# Flywire Corporation (FLYW)

**Exchange:** NASDAQ  
**Sector:** Technology  
**Market cap:** $1.89B  
**Price:** $14.78 (+3.87%)

> Flywire Corporation is a global payments enablement and software company. It provides a next-generation payments platform, proprietary global payment network, and vertical-specific software to streamline domestic and international payment processes for clients and their customers worldwide. The company specializes in complex cross-border transactions, supporting over 140 currencies across more than 240 countries and territories. Flywire Corporation primarily serves key verticals including education, healthcare, travel, and business-to-business sectors, embedding its solutions into clients' accounts receivable workflows for efficient receivables management. Its Flywire Advantage combines these elements to deliver seamless transaction experiences, removing payment barriers in a globalized economy. Founded in 2009 and headquartered in Boston, Massachusetts, Flywire Corporation enables organizations to receive payments more cost-effectively while enhancing payer experiences through innovative technology and deep industry expertise.

## Income Statement (Annual, USD)

| Fiscal Year | Revenue | Gross Profit | Operating Income | Net Income | EPS (dil.) |
| --- | --- | --- | --- | --- | --- |
| 2025 | $623M | — | $11M | $13M | $0.11 |
| 2024 | $492M | — | -$7M | $3M | $0.02 |
| 2023 | $403M | — | -$22M | -$9M | $-0.07 |
| 2022 | $289M | — | -$30M | -$39M | $-0.36 |
| 2021 | $201M | — | -$13M | -$28M | $-0.39 |
| 2020 | $132M | — | -$16M | -$11M | $-0.60 |
| 2019 | $95M | — | -$17M | -$20M | — |

## Balance Sheet (Annual, USD)

| Fiscal Year | Total Assets | Total Liabilities | Equity | Cash | Long-term Debt |
| --- | --- | --- | --- | --- | --- |
| 2025 | $1.25B | $418M | $835M | $330M | — |
| 2024 | $1.12B | $308M | $815M | $495M | — |
| 2023 | $1.08B | $294M | $786M | $655M | — |
| 2022 | $674M | $192M | $482M | $349M | — |
| 2021 | $640M | $158M | $482M | $385M | $26M |
| 2020 | $271M | $123M | -$82M | $104M | $24M |

## Cash Flow (Annual, USD)

| Fiscal Year | Operating Cash Flow | CapEx | Free Cash Flow |
| --- | --- | --- | --- |
| 2025 | $100M | $1M | $99M |
| 2024 | $99M | $924,000 | $98M |
| 2023 | $76M | $1M | $75M |
| 2022 | $5M | $1M | $4M |
| 2021 | $17M | $1M | $16M |
| 2020 | -$14M | $2M | -$16M |
| 2019 | $4M | $4M | $325,000 |

Source: [CompaniesByCap](https://companiesbycap.com/company/FLYW)