Flywire Corp
Financial highlights
| Metric | FY 12/31/25 | FY 12/31/24 | FY 12/31/23 | FY 12/31/22 | FY 12/31/21 |
|---|---|---|---|---|---|
| Income Statement | |||||
| Revenue | $623.0M | $492.1M | $403.1M | $289.4M | $201.1M |
| Research and development | $70.2M | $66.6M | $62.0M | $50.3M | $31.3M |
| Operating expenses | $611.7M | $499.4M | $424.6M | $319.6M | $214.4M |
| Operating income | $11.3M | -$7.3M | -$21.5M | -$30.2M | -$13.3M |
| Interest expense | $3.5M | $538,000 | $372,000 | $1.2M | $2.0M |
| Pretax income | $21.4M | $1.9M | -$4.4M | -$37.4M | -$25.9M |
| Income tax expense | $7.9M | -$1.0M | $4.2M | $2.0M | $2.2M |
| Net income | $13.5M | $2.9M | -$8.6M | -$39.3M | -$28.1M |
| Balance Sheet | |||||
| Cash and equivalents | $330.3M | $495.2M | $654.6M | $349.2M | $385.4M |
| Current assets | $602.3M | $762.9M | $815.7M | $450.6M | $443.8M |
| Total assets | $1.3B | $1.1B | $1.1B | $674.3M | $639.8M |
| Current liabilities | $401.8M | $289.8M | $273.8M | $177.3M | $117.5M |
| Total liabilities | $418.1M | $307.7M | $293.6M | $192.4M | $157.6M |
| Total debt | — | — | — | — | $25.9M |
| Stockholders' equity | $835.2M | $814.8M | $786.1M | $481.9M | $482.2M |
| Cash Flow Statement | |||||
| Cash from operations | $100.2M | $98.7M | $76.3M | $5.4M | $17.1M |
| Depreciation and amortization | $26.1M | $17.4M | $15.8M | $12.3M | $9.0M |
| Stock-based compensation | $71.8M | $64.9M | $43.7M | $30.3M | $18.9M |
| Capital expenditure | $1.4M | $924,000 | $1.0M | $1.4M | $1.0M |
| Free cash flow | $98.8M | $97.7M | $75.3M | $4.1M | $16.1M |
| Share repurchases | $72.9M | $45.6M | — | — | $0 |
| Impairments | $0 | $0 | $0 | — | — |
Shares outstanding 123.4M · Free float 83.3%
Annual filing data through FY ended December 31, 2025; float as of July 14, 2026.