Symbols / FLYW Stock $14.58 -0.21% Flywire Corporation

Technology • Software - Infrastructure • United States • NMS
FLYW (Stock) Chart
O: — H: — L: — C: — V: —
SMA 20: — SMA 50: — SMA 200: —
Stock Fundamentals
Scroll to Statements
Index EQUITY
Sector Technology
Industry Software - Infrastructure
CEO Mr. Michael Massaro
Exch · Country NMS · United States
Market Cap 1.80B
Enterprise Value 1.48B
Income 30.18M
Sales 677.68M
FCF (ttm) 160.66M
Book/sh 6.91
Cash/sh 2.63
Employees 1,460
Insider 10d —
IPO May 26, 2021
Div forward ($/yr)
Div TTM ($/yr)
Dividend Yield
Ex-Div Date
5Y Avg Yield
Yield vs 5Y Avg
Payout 0.00%
P/E 60.75
Forward P/E 11.63
PEG —
P/S 2.66
P/B 2.11
P/C —
EV/EBITDA 25.86
EV/Sales 2.18
Quick Ratio 1.61
Current Ratio 1.75
Debt/Eq 0.17
LT Debt/Eq —
EPS (ttm) 0.24
EPS next Y 1.25
EPS Growth —
Revenue Growth 41.00%
EPS Gr Q/Q —
Rev Gr Q/Q —
Earnings (next) 2026-08-04
Earnings (prior) 2026-05-05
ROA 1.89%
ROE 3.69%
ROIC —
Gross Margin 60.56%
Oper. Margin 6.39%
Profit Margin 4.45%
Shs Outstand 121.54M
Shs Float 87.56M
Insider Own 3.47%
Instit Own 96.64%
Short Float 3.64%
Short Ratio 1.86
Short Interest 4.28M
52W High 18.05
vs 52W High -19.22%
52W Low 9.96
vs 52W Low 46.31%
Beta 1.34
Impl. Vol. 3.13%
Rel Volume 0.92
Avg Volume 2.01M
Volume 1.85M
Target (mean) $19.07
Tgt Median $20.00
Tgt Low $16.00
Tgt High $22.00
# Analysts 14
Recom Buy
Prev Close $14.61
Price $14.58
Change -0.21%
About

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. The company provides a payment platform that integrates into existing apps and workflows and have access to solutions, such as tailored invoicing, settlement and reconciliation tools, single sign-on and checkout, recurring payments, and split payouts. It also offers a payment network, which has access to a set of payment methods, including banks, third-party payment providers, payment networks, and digital wallets; and direct connections to alternative payment methods consisting of Alipay, Boleto, PayPal / Venmo, and Trustly. In addition, the company provides vertical-specific software comprising vertical-specific digital workflows; integration and synchronization to core and industry specific systems; real-time access; and predictive analytics. It serves education, healthcare, travel, and B2B industries. 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.

Valuation Models

Price estimates from analyst targets and simple models.

1. Analyst consensus
$19.07
Mean price target
2. Current target
$14.58
Latest analyst target
3. DCF / Fair value
$23.79
Simplified: (Free Cash Flow ÷ Shares) × 18 (P/FCF multiple). Not a …
Ratings
Current target
$14.58
Low
$16.00
High
$22.00
Mean
$19.07

Latest analyst rating changes

Date Action Analyst Rating Change Price Target
2026-05-21 up JP Morgan Underweight → Neutral $16
2026-05-19 main Truist Securities Buy → Buy $18
2026-05-07 main Citigroup Neutral → Neutral $16
2026-05-06 main UBS Neutral → Neutral $18
2026-05-06 main Morgan Stanley Overweight → Overweight $20
2026-05-06 main BTIG Buy → Buy $20
2026-04-16 up BTIG Neutral → Buy $17
2026-03-03 main Truist Securities Buy → Buy $16
2026-03-02 up Morgan Stanley Equal-Weight → Overweight $17
2026-02-26 main Citigroup Neutral → Neutral $13
2026-02-25 main UBS Neutral → Neutral $14
2026-02-25 main Goldman Sachs Neutral → Neutral $15
2026-02-25 main RBC Capital Outperform → Outperform $20
2026-02-24 main Morgan Stanley Equal-Weight → Equal-Weight $15
2026-01-16 up Stephens & Co. Equal-Weight → Overweight $19
2026-01-14 up Seaport Global Neutral → Buy $18
2026-01-09 main B. Riley Securities Buy → Buy $20
2025-11-13 main Truist Securities Buy → Buy $16
2025-11-05 main UBS Neutral → Neutral $16
2025-11-05 main Goldman Sachs Neutral → Neutral $16
News
RSS: Latest FLYW news
Insider Transactions
Filed Date Insider Relationship Transaction Shares Price Value SEC
2026-06-01 ORGEL ROBERT President — 178,980 $17.00 $3,042,660
2026-05-07 BUTTERFIELD PETER T General Counsel — 1,480 $18.02 $26,664
2026-05-06 RIESE PHILLIP JOHN Director — 37,921 $0.59 $22,373
2026-05-06 MASSARO MICHAEL P Chief Executive Officer — 50,000 $15.65 $819,686
2026-05-06 RIESE PHILLIP JOHN Director — 37,921 $15.54 $639,598
2026-05-06 PITIGOI COSMIN Chief Financial Officer — 35,000 $17.38 $608,174
2026-04-21 PITIGOI COSMIN Chief Financial Officer — 30,000 $14.00 $420,000
2026-03-31 KING DAVID R. Officer — 8,000 $3.95 $31,600
2026-03-30 BUTTERFIELD PETER T General Counsel — 140,000 $0.59 $82,600
2026-03-16 MASSARO MICHAEL P Chief Executive Officer — 14,087 $3.95 $55,644
Financials
Statement View
Amounts in millions (2 decimals, no suffix) • EPS per share (2 decimals) • Trend = period evolution • YoY Growth = previous period %
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Revenue
623.02
+26.59%
492.14
+22.09%
403.09
+39.30%
289.38
Operating Revenue
623.02
+26.59%
492.14
+22.09%
403.09
+39.30%
289.38
Cost Of Revenue
240.36
+35.42%
177.49
+20.46%
147.34
+36.51%
107.93
Reconciled Cost Of Revenue
240.36
+35.42%
177.49
+20.46%
147.34
+36.51%
107.93
Gross Profit
382.67
+21.61%
314.65
+23.03%
255.75
+40.96%
181.44
Operating Expense
362.68
+12.67%
321.91
+16.10%
277.27
+31.00%
211.66
Research And Development
70.21
+5.36%
66.64
+7.43%
62.03
+23.42%
50.26
Selling General And Administration
292.47
+14.57%
255.27
+18.60%
215.25
+33.36%
161.41
Selling And Marketing Expense
156.99
+21.29%
129.44
+20.27%
107.62
+37.17%
78.46
General And Administrative Expense
135.48
+7.66%
125.84
+16.92%
107.62
+29.75%
82.95
Other Gand A
135.48
+7.66%
125.84
+16.92%
107.62
+29.75%
82.95
Total Expenses
603.04
+20.75%
499.40
+17.61%
424.61
+32.86%
319.60
Operating Income
19.98
+375.47%
-7.25
+66.28%
-21.52
+28.80%
-30.22
Total Operating Income As Reported
11.29
+255.69%
-7.25
+66.28%
-21.52
+28.80%
-30.22
EBITDA
51.02
+158.21%
19.76
+67.69%
11.78
+149.42%
-23.84
Normalized EBITDA
51.68
+63.82%
31.55
+315.38%
7.59
+151.77%
-14.67
Reconciled Depreciation
26.06
+50.08%
17.36
+10.14%
15.76
+28.12%
12.30
EBIT
24.97
+941.12%
2.40
+160.25%
-3.98
+88.99%
-36.15
Total Unusual Items
-0.66
+94.41%
-11.79
-381.38%
4.19
+145.67%
-9.17
Total Unusual Items Excluding Goodwill
-0.66
+94.41%
-11.79
-381.38%
4.19
+145.67%
-9.17
Special Income Charges
-8.69
0.00
0.00
—
Restructuring And Mergern Acquisition
8.69
0.00
0.00
—
Net Income
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Pretax Income
21.44
+1052.69%
1.86
+142.74%
-4.35
+88.35%
-37.36
Net Non Operating Interest Income Expense
2.11
-89.89%
20.90
+61.07%
12.98
+538.32%
2.03
Interest Expense Non Operating
3.53
+555.39%
0.54
+44.62%
0.37
-69.28%
1.21
Net Interest Income
2.11
-89.89%
20.90
+61.07%
12.98
+538.32%
2.03
Interest Expense
3.53
+555.39%
0.54
+44.62%
0.37
-69.28%
1.21
Interest Income Non Operating
5.64
-73.69%
21.44
+60.61%
13.35
+311.50%
3.24
Interest Income
5.64
-73.69%
21.44
+60.61%
13.35
+311.50%
3.24
Other Income Expense
-0.66
+94.41%
-11.79
-381.38%
4.19
+145.67%
-9.17
Other Non Operating Income Expenses
—
—
4.19
+170.66%
-5.93
Gain On Sale Of Security
8.03
+168.13%
-11.79
-381.38%
4.19
+145.67%
-9.17
Tax Provision
7.94
+863.75%
-1.04
-124.68%
4.21
+111.97%
1.99
Tax Rate For Calcs
0.00
+76.19%
0.00
+0.00%
0.00
+0.00%
0.00
Tax Effect Of Unusual Items
-0.24
+90.15%
-2.48
-381.38%
0.88
+145.67%
-1.93
Net Income Including Noncontrolling Interests
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Net Income From Continuing Operation Net Minority Interest
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Net Income From Continuing And Discontinued Operation
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Net Income Continuous Operations
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Normalized Income
13.91
+13.92%
12.21
+202.83%
-11.88
+63.01%
-32.10
Net Income Common Stockholders
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Otherunder Preferred Stock Dividend
—
—
0.00
0.00
Diluted EPS
0.11
+450.00%
0.02
+128.57%
-0.07
+80.56%
-0.36
Basic EPS
0.11
+450.00%
0.02
+128.57%
-0.07
+80.56%
-0.36
Basic Average Shares
122.38
-1.52%
124.27
+8.22%
114.83
+6.39%
107.94
Diluted Average Shares
127.75
-1.23%
129.34
+12.64%
114.83
+6.39%
107.94
Diluted NI Availto Com Stockholders
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Total Assets
1,253.31
+11.66%
1,122.45
+3.96%
1,079.73
+60.13%
674.29
Current Assets
602.29
-21.05%
762.88
-6.47%
815.68
+81.00%
450.64
Cash Cash Equivalents And Short Term Investments
355.00
-41.91%
611.09
-6.65%
654.61
+87.47%
349.18
Cash And Cash Equivalents
330.30
-33.30%
495.24
-24.35%
654.61
+87.47%
349.18
Other Short Term Investments
24.69
-78.69%
115.85
0.00
—
Receivables
210.75
+63.04%
129.27
-9.51%
142.85
+74.34%
81.94
Accounts Receivable
34.78
+46.72%
23.70
+30.13%
18.21
+32.99%
13.70
Gross Accounts Receivable
35.61
+47.68%
24.11
+28.80%
18.72
+34.60%
13.91
Allowance For Doubtful Accounts Receivable
-0.83
-103.41%
-0.41
+19.13%
-0.51
-139.15%
-0.21
Other Receivables
175.98
+66.70%
105.56
-15.30%
124.63
+82.65%
68.24
Prepaid Assets
—
—
—
—
Restricted Cash
—
—
0.00
-100.00%
2.00
Other Current Assets
36.54
+62.20%
22.53
+23.60%
18.23
+3.97%
17.53
Total Non Current Assets
651.02
+81.06%
359.56
+36.17%
264.05
+18.07%
223.64
Net PPE
22.12
+28.93%
17.16
+13.39%
15.13
+13.64%
13.32
Gross PPE
40.88
+21.49%
33.65
+19.48%
28.16
+26.77%
22.21
Accumulated Depreciation
-18.75
-13.74%
-16.48
-26.56%
-13.03
-46.41%
-8.90
Properties
0.00
0.00
0.00
0.00
Machinery Furniture Equipment
36.57
+29.73%
28.19
+24.03%
22.73
+32.00%
17.22
Construction In Progress
—
—
0.00
-100.00%
0.29
Leases
4.30
-21.10%
5.46
+0.46%
5.43
+15.45%
4.70
Goodwill And Other Intangible Assets
595.56
+122.02%
268.24
+16.72%
229.82
+17.63%
195.38
Goodwill
406.51
+171.81%
149.56
+22.95%
121.65
+24.43%
97.77
Other Intangible Assets
189.05
+59.29%
118.68
+9.71%
108.18
+10.82%
97.62
Investments And Advances
0.00
-100.00%
50.12
0.00
—
Other Non Current Assets
33.34
+38.73%
24.04
+25.91%
19.09
+27.73%
14.95
Total Liabilities Net Minority Interest
418.14
+35.90%
307.68
+4.79%
293.61
+52.62%
192.38
Current Liabilities
401.76
+38.65%
289.77
+5.84%
273.79
+54.44%
177.28
Payables And Accrued Expenses
356.69
+37.90%
258.66
+6.20%
243.56
+58.87%
153.30
Payables
336.79
+39.26%
241.84
+5.25%
229.78
+61.10%
142.63
Accounts Payable
15.30
-0.36%
15.35
+21.98%
12.59
-5.54%
13.32
Other Payable
310.80
+42.71%
217.79
+3.26%
210.92
+69.68%
124.31
Current Accrued Expenses
19.91
+18.37%
16.82
+22.04%
13.78
+29.13%
10.67
Pensionand Other Post Retirement Benefit Plans Current
21.73
+21.05%
17.95
-9.10%
19.75
+16.55%
16.94
Total Tax Payable
10.69
+22.89%
8.70
+38.74%
6.27
+25.37%
5.00
Income Tax Payable
8.56
-1.62%
8.70
+38.74%
6.27
+25.37%
5.00
Current Debt And Capital Lease Obligation
1.35
-21.70%
1.72
+17.34%
1.47
-18.93%
1.81
Current Capital Lease Obligation
1.35
-21.70%
1.72
+17.34%
1.47
-18.93%
1.81
Current Deferred Liabilities
19.95
+171.92%
7.34
+5.30%
6.97
+33.41%
5.22
Current Deferred Revenue
19.95
+171.92%
7.34
+5.30%
6.97
+33.41%
5.22
Other Current Liabilities
2.05
-50.26%
4.11
+100.34%
2.05
+56.24%
1.31
Total Non Current Liabilities Net Minority Interest
16.38
-8.52%
17.90
-9.68%
19.82
+31.20%
15.11
Long Term Debt And Capital Lease Obligation
—
—
—
—
Long Term Debt
—
—
—
—
Non Current Deferred Liabilities
12.90
+2.03%
12.64
-17.85%
15.39
+26.69%
12.15
Non Current Deferred Taxes Liabilities
12.90
+2.03%
12.64
-17.85%
15.39
+26.69%
12.15
Other Non Current Liabilities
3.48
-33.87%
5.26
+18.73%
4.43
+49.75%
2.96
Stockholders Equity
835.17
+2.50%
814.77
+3.64%
786.12
+63.13%
481.90
Common Stock Equity
835.17
+2.50%
814.77
+3.64%
786.12
+63.13%
481.90
Capital Stock
0.01
+0.00%
0.01
+8.33%
0.01
+9.09%
0.01
Common Stock
0.01
+0.00%
0.01
+8.33%
0.01
+9.09%
0.01
Preferred Stock
0.00
0.00
0.00
0.00
Share Issued
132.21
+2.70%
128.73
+3.08%
124.88
+11.84%
111.66
Ordinary Shares Number
121.96
-1.69%
124.06
+1.21%
122.57
+12.09%
109.35
Treasury Shares Number
10.25
+119.43%
4.67
+101.77%
2.32
-0.12%
2.32
Additional Paid In Capital
1,108.68
+7.23%
1,033.96
+7.78%
959.30
+47.64%
649.76
Retained Earnings
-157.37
+7.90%
-170.87
+1.67%
-173.77
-5.19%
-165.20
Gains Losses Not Affecting Retained Earnings
2.49
+220.43%
-2.07
-256.52%
1.32
+169.04%
-1.91
Treasury Stock
118.64
+156.41%
46.27
+6093.84%
0.75
-0.13%
0.75
Other Equity Adjustments
2.49
+220.43%
-2.07
-256.52%
1.32
+169.04%
-1.91
Total Equity Gross Minority Interest
835.17
+2.50%
814.77
+3.64%
786.12
+63.13%
481.90
Total Capitalization
835.17
+2.50%
814.77
+3.64%
786.12
+63.13%
481.90
Working Capital
200.53
-57.62%
473.11
-12.69%
541.89
+98.23%
273.37
Invested Capital
835.17
+2.50%
814.77
+3.64%
786.12
+63.13%
481.90
Total Debt
1.35
-21.70%
1.72
+17.34%
1.47
-18.93%
1.81
Capital Lease Obligations
1.35
-21.70%
1.72
+17.34%
1.47
-18.93%
1.81
Net Tangible Assets
239.61
-56.16%
546.52
-1.76%
556.29
+94.15%
286.52
Tangible Book Value
239.61
-56.16%
546.52
-1.76%
556.29
+94.15%
286.52
Available For Sale Securities
—
50.12
—
—
Investmentin Financial Assets
0.00
-100.00%
50.12
0.00
—
Line Item Trend 2025-12-31 2024-12-31 2023-12-31 2022-12-31
Operating Cash Flow
100.17
+1.53%
98.67
+29.24%
76.35
+1306.78%
5.43
Cash Flow From Continuing Operating Activities
100.17
+1.53%
98.67
+29.24%
76.35
+1306.78%
5.43
Net Income From Continuing Operations
13.50
+365.41%
2.90
+133.85%
-8.57
+78.23%
-39.35
Depreciation Amortization Depletion
26.06
+50.08%
17.36
+10.14%
15.76
+28.12%
12.30
Depreciation And Amortization
26.06
+50.08%
17.36
+10.14%
15.76
+28.12%
12.30
Other Non Cash Items
-0.57
+81.01%
-3.02
-222.33%
2.47
+474.92%
-0.66
Stock Based Compensation
71.78
+10.54%
64.93
+48.50%
43.73
+44.51%
30.26
Provisionand Write Offof Assets
2.36
+2944.58%
-0.08
-125.46%
0.33
+114.47%
0.15
Asset Impairment Charge
—
—
—
—
Deferred Tax
-1.36
+84.48%
-8.79
-12313.89%
0.07
+104.22%
-1.71
Deferred Income Tax
-1.36
+84.48%
-8.79
-12313.89%
0.07
+104.22%
-1.71
Operating Gains Losses
-11.94
-203.16%
11.57
+398.84%
2.32
—
Gain Loss On Investment Securities
—
—
—
—
Net Foreign Currency Exchange Gain Loss
-11.94
-203.16%
11.57
+398.84%
2.32
—
Change In Working Capital
0.36
-97.40%
13.79
-31.83%
20.24
+357.33%
4.42
Change In Receivables
-74.99
-665.20%
13.27
+122.05%
-60.18
-81.45%
-33.17
Changes In Account Receivables
-6.81
-30.37%
-5.23
-189.53%
-1.80
-458.82%
-0.32
Change In Prepaid Assets
-17.72
-249.48%
-5.07
+1.03%
-5.12
+54.73%
-11.32
Change In Payables And Accrued Expense
96.56
+1182.55%
7.53
-91.35%
87.02
+56.25%
55.69
Change In Payable
96.56
+1182.55%
7.53
-91.35%
87.02
+56.25%
55.69
Change In Account Payable
4.72
+2712.50%
0.17
-96.44%
4.72
-30.17%
6.76
Change In Other Working Capital
-2.34
-498.47%
-0.39
+66.86%
-1.18
-195.00%
-0.40
Change In Other Current Liabilities
-1.15
+25.26%
-1.54
-418.52%
-0.30
+95.35%
-6.38
Investing Cash Flow
-194.23
+9.23%
-213.99
-451.86%
-38.78
-57.23%
-24.66
Cash Flow From Continuing Investing Activities
-194.23
+9.23%
-213.99
-451.86%
-38.78
-57.23%
-24.66
Net PPE Purchase And Sale
-1.35
-46.10%
-0.92
+8.42%
-1.01
+25.42%
-1.35
Purchase Of PPE
-1.35
-46.10%
-0.92
+8.42%
-1.01
+25.42%
-1.35
Capital Expenditure
-9.86
-57.92%
-6.24
-3.79%
-6.01
+14.95%
-7.07
Net Investment Purchase And Sale
140.54
+186.48%
-162.52
0.00
0.00
Purchase Of Investment
-16.09
+91.62%
-192.12
0.00
0.00
Sale Of Investment
156.64
+429.21%
29.60
0.00
0.00
Net Business Purchase And Sale
-324.92
-618.37%
-45.23
-38.05%
-32.76
-86.23%
-17.59
Purchase Of Business
-324.92
-618.37%
-45.23
-38.05%
-32.76
-86.23%
-17.59
Net Intangibles Purchase And Sale
-8.51
-59.98%
-5.32
-6.25%
-5.00
+12.47%
-5.72
Purchase Of Intangibles
-8.51
-59.98%
-5.32
-6.25%
-5.00
+12.47%
-5.72
Net Other Investing Changes
—
—
—
—
Financing Cash Flow
-78.40
-108.34%
-37.63
-114.29%
263.42
+1198.95%
-23.97
Cash Flow From Continuing Financing Activities
-78.40
-108.34%
-37.63
-114.29%
263.42
+1198.95%
-23.97
Net Issuance Payments Of Debt
0.00
0.00
0.00
+100.00%
-25.94
Issuance Of Debt
125.00
0.00
0.00
0.00
Repayment Of Debt
-125.00
0.00
0.00
+100.00%
-25.94
Long Term Debt Issuance
125.00
0.00
0.00
0.00
Long Term Debt Payments
-125.00
0.00
0.00
+100.00%
-25.94
Net Long Term Debt Issuance
0.00
0.00
0.00
+100.00%
-25.94
Net Common Stock Issuance
-74.33
-69.94%
-43.74
-116.75%
261.12
0.00
Common Stock Payments
-74.33
-69.94%
-43.74
0.00
0.00
Repurchase Of Capital Stock
-74.33
-69.94%
-43.74
0.00
0.00
Proceeds From Stock Option Exercised
5.64
-35.32%
8.72
-33.18%
13.05
+58.50%
8.23
Net Other Financing Charges
-9.71
-271.75%
-2.61
+75.71%
-10.75
-71.62%
-6.26
Changes In Cash
-172.46
-12.75%
-152.96
-150.82%
300.99
+796.63%
-43.21
Effect Of Exchange Rate Changes
7.52
+217.31%
-6.41
-362.32%
2.44
-51.34%
5.02
Beginning Cash Position
495.24
-24.35%
654.61
+86.40%
351.18
-9.81%
389.36
End Cash Position
330.30
-33.30%
495.24
-24.35%
654.61
+86.40%
351.18
Free Cash Flow
90.32
-2.28%
92.43
+31.41%
70.33
+4380.77%
-1.64
Interest Paid Supplemental Data
2.58
0.00
0.00
-100.00%
0.77
Common Stock Issuance
0.00
0.00
-100.00%
261.12
0.00
Issuance Of Capital Stock
0.00
0.00
-100.00%
261.12
0.00
Net Preferred Stock Issuance
—
—
0.00
0.00
Preferred Stock Issuance
—
—
0.00
0.00
SEC Filings

Recent 10-K, 10-Q, 8-K, and Form 4 (insider) filings.

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