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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

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TTENK/calls
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TTENK/calls
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Home›FLYW›Financials
Annual statements · SEC XBRL · FY2019 – FY2025

Flywire Corp (FLYW) financials

Income statement

Flywire Corp (FLYW) income statement, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue$94.9M$132M$201M$289M$403M$492M$623M
Revenue growth—38.8%52.6%43.9%39.3%22.1%26.6%
Operating income-$17.5M-$15.8M-$13.3M-$30.2M-$21.5M-$7.25M$11.3M
Operating margin-18.4%-12.0%-6.6%-10.4%-5.3%-1.5%1.8%
Net income-$20.1M-$11.1M-$28.1M-$39.3M-$8.57M$2.90M$13.5M
Net margin-21.2%-8.4%-14.0%-13.6%-2.1%0.6%2.2%
EPS (diluted)-$1.25-$0.60-$0.39-$0.36-$0.07$0.02$0.11

Cash flow

Flywire Corp (FLYW) cash flow, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow$4.07M-$14.2M$17.1M$5.43M$76.3M$98.7M$100M
Capital expenditures$3.75M$2.14M$1.05M$1.35M$1.01M$924K$1.35M
Free cash flow$325K-$16.4M$16.1M$4.07M$75.3M$97.7M$98.8M
Share buybacks$295K$0.00$0.00————

Balance sheet

Flywire Corp (FLYW) balance sheet, annual, from SEC filings
Fiscal yearFY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash & equivalents$86.0M$104M$385M$349M$655M$495M$330M
Total assets—$271M$640M$674M$1.08B$1.12B$1.25B
Total liabilities—$123M$158M$192M$294M$308M$418M
Long-term debt—$24.4M$25.9M$0.00———
Shareholders' equity-$75.3M-$81.8M$482M$482M$786M$815M$835M
Retained earnings—-$97.8M-$126M-$165M-$174M-$171M-$157M
Shares (wtd avg diluted)—18.4M71.2M108M115M129M128M

Every figure is extracted from Flywire Corp’s annual reports as filed with the SEC (XBRL company facts) — no third-party estimates. Fiscal years are labeled by period end; filers occasionally re-tag concepts, so a sparse cell means the company didn’t report that concept for that year. Free cash flow = operating cash flow − capital expenditures.

Common questions

What is Flywire Corp's annual revenue?
Flywire Corp (FLYW) reported $623M of revenue for fiscal year 2025 — up 26.6% from $492M in FY2024, per its annual report filed with the SEC.
Is Flywire Corp profitable?
Yes — FLYW earned $13.5M of net income in FY2025, a 2.2% net margin, per SEC filings.
What is Flywire Corp's free cash flow?
$98.8M in FY2025 (operating cash flow $100M minus $1.35M of capital expenditures), from the SEC cash-flow statement.
Does FLYW pay a dividend?
Flywire Corp reported no cash dividends paid in FY2025, per its SEC cash-flow statement.
Full FLYW analysis — verdict, score & filings →Is FLYW a buy? →

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.