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Flywire Corporation FLYW Increase Decrease In Unbilled Receivable

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Other financials

Income statement

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Revenue$188.1M+41.0%
Operating income$10.8M+198%
Net income$12.5M+401%
EPS (diluted)$0.10+433%

Balance sheet

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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

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Operating cash flow-$15.8M+80.4%
CapEx$139.0K-25.7%
Free cash flow-$16.0M+80.3%

Valuation

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Market cap$2.04B+20.2%
Enterprise value$1.73B+5.3%
P/E67.7×
P/S-0.3×

Profitability

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Operating margin5%+3.8pp
Net margin4.5%
FCF margin24.2%

Returns & leverage

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Return on equity3.7%
Debt / equity-0.1×
Current ratio1.7×-0.3×

Where this comes from

Reported directly by Flywire Corporation in its filing.

Tagged under the XBRL concept flyw:IncreaseDecreaseInUnbilledReceivable.

The official record: Flywire Corporation’s 10-K, filed February 24, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Flywire Corporation's increase decrease in unbilled receivable?
Flywire Corporation (FLYW) reported increase decrease in unbilled receivable of $1.12M in Q4 2025.
How has Flywire Corporation's increase decrease in unbilled receivable changed year-over-year?
Flywire Corporation's increase decrease in unbilled receivable decreased by 7.8% year-over-year, from $1.21M to $1.12M.
What is the long-term trend for Flywire Corporation's increase decrease in unbilled receivable?
Over 4 years (2021 to 2025), Flywire Corporation's increase decrease in unbilled receivable has grown at a 28.4% compound annual growth rate (CAGR), from $1.64M to $4.46M.
What does increase decrease in unbilled receivable mean?
Tracks the change in revenue recognized for services performed where the right to consideration is conditional on something other than the passage of time. An increase indicates that the company has recognized revenue in advance of formal billing, which is a key indicator of working capital efficiency in service-based business models.