# Flywire share price today (Flywire Corporation, FLYW)

> Flywire Corporation's results are improving, while its P/E is near the low end of its own history over 2.1 years, higher than only 25% of past readings. FLYW · Technology · Software - Infrastructure · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/flyw

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## Key numbers

- Price: $19.15 (+43.8% in a year)
- P/E: 74.0× (lower than 75% of the last 2.1 years)
- Revenue (Jun 2026): $168 M (+27.2% on a year ago)
- Profit (Jun 2026): −$8.1 M
- Operating margin: −1.4% (+4.9 points on a year ago)
- ROE: 2%, FY25
- ROIC: 6.3%, against a 11.5% cost of capital: −5.2 points
- Profit that came in as cash: 1,213%, last 2 years

The main question: yearly earnings per share moved +450.0% while the share price moved +43.8%. ## What is the Flywire share price today? Flywire Corporation's share price was $19.15 at the close on 3 November 2026. It has been rising for 26 weeks. That is 22.9% above its average price over the last 200 trading days. In the last 52 weeks it traded between $11 and $20, and at that close it sat 94% of the way up from that low. Over the past 13 weeks it has done better than the S&P 500, and it has stayed ahead for 3 weeks in a row. Over the last 5.4 years the share price moved −44% while the S&P 500 moved +80%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Flywire pay? Flywire Corporation pays no dividend. In the last 12 reported quarters it declared no dividend per share, so there is no payout history to chart and no yield to show. Companies like this usually keep their earnings in the business, so the cash-flow sections show where that cash goes. ## Which stock lists is Flywire on? Flywire is on one of our US lists: US tech stocks. [US tech stocks](https://www.sectoralpha.in/us-tech-stocks)

## Is Flywire profitable? Flywire Corporation posted a net loss of $8.1 M in the Jun 2026 quarter. Full-year FY25 profit was $13.5 M. That loss is 4.9% of the quarter's revenue. The same quarter a year earlier lost $12.0 M. 6 of the last 12 reported quarters were loss-making. For the full year, FY25 profit was $13.5 M (+365.4% on the year before). ## How much revenue does Flywire make, and is it growing? Flywire Corporation reported $168 M of revenue in the Jun 2026 quarter, +27.2% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 4 years it has grown 32.7% a year on average. The last full year, FY25, came in at $623 M. The last four reported quarters add to $714 M. FY25 revenue was $623 M, +26.6% on the year before. Recent pace: the last four quarters grew +32.4% on average, against 32.7% a year over the longer run, so this year is growing at about the same pace as its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +32.2%, against +27.1% a year over the last 8 quarters (accelerating). ## How much of every $100 of sales does Flywire keep? Flywire Corporation's operating margin was −1.4% in the Jun 2026 quarter, 4.9 percentage points higher than the same quarter a year ago. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −10.6% and 3.3%. The latest quarter is within that range. Across 5 years it has been between −10.6% and 3.3%, and FY25's 3.3% is the highest of them. Why the margin moved: operating margin changed +4.9 percentage points on the year while gross margin changed −3.7 points. So the gain came mostly from the gross margin, which means input costs and prices charged. As noted under valuation: when margins are at a record, every ratio built on profit looks better than usual, so a low multiple can mislead. ## Is Flywire's profit turning into cash? Over the last 2 years, 1,213% of Flywire Corporation's reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in $100 M of operating cash against $13.5 M of profit. After $1.4 M of spending on assets, $98.8 M was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Flywire's cash go? Flywire Corporation does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent $3.3 M on assets over the last 3 years. Averaged over those years that is 0.2% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: $3.3 M over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Flywire's P/E ratio, and how does it compare with its own history? Flywire Corporation's P/E is 74.0×, near the low end of its own history: it has been lower only 25% of the time. Its usual P/E (the middle reading) is 149.7×, over 2.1 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Keep one thing in mind: margins are the best this company has ever reported. A multiple that looks low against its own past can mislead when profit is at a record. If margins fall back, today's multiple is higher than it looks. Why the multiple is where it is: over the past year earnings per share moved +450.0% while the price moved +43.8%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Flywire business getting better or worse? Flywire Corporation's business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 12 quarters of 2 measures, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Flywire earn on its capital? Flywire Corporation earned a ROE of 2% in FY25. That is up from a low of −8% in FY22. Its return on capital used (ROIC) is 5.2 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 2.2% net margin and 0.50× asset turnover (sales divided by assets). Why the return is what it is (FY25): a 2.2% net margin × 0.50× asset turnover × 1.50× leverage (assets divided by equity) ≈ 1.7% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 6.3% − 11.5% = −5.2 percentage points. The 11.5% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 6.3% ROIC above is the latest reading, as reported. The yearly chart below shows FY25 at 3.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Flywire have too much debt? Flywire Corporation has total debt of $1.5 M against shareholder equity of $817 M as of Jun 2026, so its debt is 0.00× its equity, which is very little. Year by year, that ratio went from 0.05 in FY21 to 0.00 in FY25. So the returns on this page come from the business, not from borrowed money. ## What is the Flywire shareholding pattern? 12.1% of Flywire Corporation's tradable shares are in short positions, which are bets that the price will fall, so a large group of traders is betting against it. At normal trading volumes, closing those positions would take about 8.2 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. It is a single reading at one point in time; we do not have its history. Why it is at this level: the figure does not say who holds the short positions or why, so we show the level without guessing the story. ## How far is Flywire from balance-sheet trouble? For Flywire Corporation, the Z-score is 3.54. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 3.54 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Flywire rank in its industry? There is no score against its industry: Flywire Corporation is not among the largest members shown in this industry comparison for Software - Infrastructure. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Flywire compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Flywire in size? Flywire is the 62nd largest of 117 Software - Infrastructure companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Euronet Worldwide, Inc., Payoneer Global Inc. and LiveRamp Holdings, Inc. Just below it: PagSeguro Digital, Calix, Inc. and GigaCloud Technology Inc. ### Software - Infrastructure companies close in size

1. [Euronet Worldwide, Inc.](https://www.sectoralpha.in/us/stocks/eeft) $2.5 billion
2. [Payoneer Global Inc.](https://www.sectoralpha.in/us/stocks/payo) $2.4 billion
3. [LiveRamp Holdings, Inc.](https://www.sectoralpha.in/us/stocks/ramp) $2.3 billion
4. Flywire Corporation $2.3 billion
5. [PagSeguro Digital Ltd.](https://www.sectoralpha.in/us/stocks/pags) $2.1 billion
6. [Calix, Inc.](https://www.sectoralpha.in/us/stocks/calx) $2.1 billion
7. [GigaCloud Technology Inc.](https://www.sectoralpha.in/us/stocks/gct) $2 billion

[All 117 Software - Infrastructure companies, largest first](https://www.sectoralpha.in/us/sectors/software-infrastructure#all-companies)

### Companies close in size in other industries

1. [Kingsoft Cloud Holdings Limited](https://www.sectoralpha.in/us/stocks/kc) $2.4 billion · Software - Application
2. [First Busey Corporation](https://www.sectoralpha.in/us/stocks/buse) $2.4 billion · Banks - Regional
3. Flywire Corporation $2.4 billion
4. [Prestige Consumer Healthcare Inc.](https://www.sectoralpha.in/us/stocks/pbh) $2.4 billion · Drug Manufacturers - Specialty & Generic
5. [HUTCHMED (China) Limited](https://www.sectoralpha.in/us/stocks/hcm) $2.3 billion · Drug Manufacturers - Specialty & Generic

## What else do people ask about Flywire? ### What were Flywire's latest quarterly results? Flywire Corporation reported revenue of $168 M and a net loss of $8.1 M for the Jun 2026 quarter. Earnings per share were −$0.07. The operating margin was −1.4%, 4.9 percentage points higher than a year earlier (as of 3 November 2026). ### What is Flywire's market cap? Flywire Corporation's market capitalisation is $2.3 B at a stock price of $19.15. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Flywire performing? Flywire Corporation's share price has been rising for 26 weeks. Over the past 13 weeks it has done better than the S&P 500, for 3 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Flywire's stock price go up? This page does not forecast Flywire Corporation's stock price. What it shows instead: the stock price is $19.15, and it has been rising for 26 weeks. Its P/E of 74.0× is higher than 25% of its own last 2 years (as of 3 November 2026). ### Is Flywire's profit real cash? Yes, over the last 2 years, 1,213% of Flywire Corporation's reported profit came in as cash from operations. The latest year was lower at 742%, so the trend is worth watching. In FY25, operating cash was $100 M against reported profit of $13.5 M. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Flywire in its business cycle? Flywire Corporation's FY25 operating margin was 3.3%, against a 5-year range of −10.6% to 3.3%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was −1.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Flywire story? The main question: yearly earnings per share moved +450.0% while the share price moved +43.8%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Flywire a stock worth studying right now? What the numbers show: Flywire Corporation's results are improving, while its P/E is near the low end of its own history over 2.1 years, higher than only 25% of past readings. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- US tech stocks: https://www.sectoralpha.in/us-tech-stocks

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