What is Flywire Corporation's market cap?

Flywire Corporation (FLYW) has a market capitalization of $2.0B and trades on NASDAQ.

What is Flywire Corporation's revenue and profitability?

Flywire Corporation generated $677.7M in trailing twelve-month revenue with net income of $30.2M, representing a net margin of 4.5%, with free cash flow of $163.8M. These figures are based on the Q1 2026 filing.

Who are Flywire Corporation's competitors?

Flywire Corporation's key competitors include Bill.com, Western Union, J.P. Morgan Chase & Co., and others. These companies compete in similar markets and product categories.

Who does Flywire Corporation partner with?

Flywire Corporation's notable partners include Bank of America Corporation, China UnionPay Co. Ltd., Adyen N.V., and others.

What subsidiaries does Flywire Corporation have?

Flywire Corporation's subsidiaries include Sertifi, Invoiced, StudyLink.

Where is Flywire Corporation headquartered?

Flywire Corporation is headquartered in United States of America and employs approximately 1,200 people. It has been publicly traded since 2021.

Flywire Corporation

FLYW

Flywire is a global payments enablement and software company that specializes in facilitating high-stakes, complex transactions across cross-border and domestic corridors.

Market cap

$1.99B+47.1%

Revenue$677.7M+32.5%

Net income$30.2M+106%

Free cash flow$163.8M+261%

EPS (diluted)$0.24+118%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 5, 2026

Revenue$184.0MBeat by $13.8M EPS$0.10Beat by $0.07

Read the full report

Next report

Aug 4, 2026 (In 6 days)

Revenue estimate$156.5M

EPS estimate$0.09

Financials

Q1 2026

Income statement

See full

Revenue$188.1M+41.0%

Operating income$10.8M+198%

Net income$12.5M+401%

EPS (diluted)$0.10+433%

Balance sheet

See full

Cash & equivalents$311.9M+63.7%

Total debt$1.5M-97.6%

Total equity$852.2M+8.7%

Total assets$1.2B+9.6%

Cash flow

See full

Operating cash flow-$15.8M+80.4%

CapEx$139.0K-25.7%

Free cash flow-$16.0M+80.3%

Valuation & ratios

Valuation

See full

Market cap$1.99B+47.1%

Enterprise value$1.68B+36.8%

P/E66×—

P/S2.9×+0.3×

Profitability

See full

Operating margin5%+3.8pp

Net margin4.5%—

FCF margin24.2%—

Returns & leverage

See full

Return on equity3.7%—

Debt / equity0×-0.1×

Current ratio1.7×-0.3×

Competitors

By market cap

JPMorgan Chase$946.85B+15.4%

Corpay$24.8B+5.6%

WEX$6.1B+0.6%

BILL Holdings$4.5B-5.8%

Western Union$2.6B-8.5%

Payoneer Global Inc.$2.4B-0.9%

Flywire Corporation$2.0B+40.5%

Expensify, Inc.$174.6M-16.0%

By revenue growth

Flywire Corporation+32.5%

Payoneer Global Inc.+7.2%

Expensify, Inc.-1.3%

Western Union-2.3%

By net margin

JPMorgan Chase32.63%+0.4pp

Corpay24.6%-0.5pp

WEX12.56%+0.8pp

Western Union10.88%-11.2pp

Payoneer Global Inc.6.76%-4.6pp

Flywire Corporation4.45%+1.6pp

BILL Holdings-4.21%-2.6pp

Expensify, Inc.-14.68%-8.0pp

Profile

Flywire is a global payments enablement and software company that specializes in facilitating high-stakes, complex transactions across cross-border and domestic corridors. The company integrates vertical-specific software with a proprietary global payment network to automate accounts receivable, invoicing, and reconciliation for industries undergoing digital transformation. Its core value proposition centers on reducing payment friction, mitigating currency risk, and improving financial yields for clients in specialized sectors.

Competitive position

Flywire differentiates itself through a 'local-in / local-out' strategy and deep vertical software integration that legacy banks and generic payment processors lack.

GeographiesUnited States, Canada, Europe, Asia-Pacific, Latin America

Customer segmentsEducational Institutions, Healthcare Systems, Travel Providers, Enterprise B2B

Business modelB2B2C, Transaction-based, Subscription SaaS, Platform-as-a-Service

SuppliersGlobal banking networks, Cloud infrastructure providers (AWS), Alternative payment methods (APMs), Card networks (Visa, Mastercard)

CustomersUniversity bursar offices, Hospital finance departments, Luxury tour operators, Corporate accounts receivable teams

CountryUnited States of America

Listed2021

Employees1.2K

CEOMichael Massaro

SectorTechnology

IndustryInformation Technology Services

Websiteflywire.com

FilingsSEC EDGAR

Ask your AI about Flywire Corporation.

Connect your AI assistant and dig into the numbers, right in your chat.

Connect your AI

Claude

Questions, answered.

What is Flywire Corporation's market cap?: Flywire Corporation (FLYW) has a market capitalization of $2.0B and trades on NASDAQ.
What is Flywire Corporation's revenue and profitability?: Flywire Corporation generated $677.7M in trailing twelve-month revenue with net income of $30.2M, representing a net margin of 4.5%, with free cash flow of $163.8M. These figures are based on the Q1 2026 filing.
Who are Flywire Corporation's competitors?: Flywire Corporation's key competitors include Bill.com, Western Union, J.P. Morgan Chase & Co., and others. These companies compete in similar markets and product categories.
Who does Flywire Corporation partner with?: Flywire Corporation's notable partners include Bank of America Corporation, China UnionPay Co. Ltd., Adyen N.V., and others.
What subsidiaries does Flywire Corporation have?: Flywire Corporation's subsidiaries include Sertifi, Invoiced, StudyLink.
Where is Flywire Corporation headquartered?: Flywire Corporation is headquartered in United States of America and employs approximately 1,200 people. It has been publicly traded since 2021.