FLYW
Flywire Corporation
NASDAQ · Technology · Information Technology Services · US
$18.55
−0.80%Income statement
| Metric | TTM | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|---|
| Revenue | |||||
| Total Revenue | 713.5M | 623.0M | 492.1M | 403.1M | 289.4M |
| Cost of Revenue | 303.3M | 240.4M | 177.5M | 147.3M | 107.9M |
| Gross Profit | 410.2M | 382.7M | 314.7M | 255.8M | 181.4M |
| Operating Expenses | |||||
| R&D Expense | 55.6M | 70.2M | 66.6M | 62.0M | 50.3M |
| SG&A Expense | 291.7M | 292.5M | 255.3M | 215.2M | 161.4M |
| General & Admin Expense | 142.7M | 135.5M | 125.8M | 107.6M | 82.9M |
| Selling & Marketing Expense | 149.1M | 157.0M | 129.4M | 107.6M | 78.5M |
| Other Expenses | 23.6M | — | — | — | — |
| Total Operating Expenses | 370.9M | 362.7M | 321.9M | 277.3M | 211.7M |
| Cost and Expenses | 674.2M | 603.0M | 499.4M | 424.6M | 319.6M |
| Operating Income (EBIT) | 39.3M | 20.0M | (7.3M) | (21.5M) | (30.2M) |
| Non-Operating | |||||
| Interest Income | 3.2M | 5.6M | 21.4M | 13.3M | — |
| Interest Expense | 2.4M | 3.5M | 538.0K | 372.0K | 1.2M |
| Net Interest Income | 836.0K | 2.1M | 20.9M | 13.0M | (1.2M) |
| Other Non-Op Income/Expense | 1.6M | 1.5M | 9.1M | 17.2M | (7.1M) |
| Non-Operating Income (excl Interest) | (9.1M) | (5.0M) | (9.7M) | (17.5M) | 5.9M |
| EBT (Pre-Tax Income) | 40.9M | 21.4M | 1.9M | (4.4M) | (37.4M) |
| Income Tax Expense | 6.8M | 7.9M | (1.0M) | 4.2M | 2.0M |
| Bottom Line | |||||
| Net Income | 34.0M | 13.5M | 2.9M | (8.6M) | (39.3M) |
| Earnings from Cont. Ops | 34.0M | 13.5M | 2.9M | (8.6M) | (39.3M) |
| Earnings from Discont. Ops | — | — | — | — | — |
| Bottom Line Net Income | 34.0M | 13.5M | 2.9M | (8.6M) | (39.3M) |
| Per Share | |||||
| Basic EPS | $0.27 | $0.11 | $0.02 | ($0.07) | ($0.36) |
| Diluted EPS | $0.26 | $0.11 | $0.02 | ($0.07) | ($0.36) |
| Revenue Per Share | $5.83 | $5.09 | $3.96 | $3.51 | $2.68 |
| Shares | |||||
| Basic Shares Outstanding | 122.4M | 122.4M | 124.3M | 114.8M | 107.9M |
| Diluted Shares Outstanding | 122.4M | 127.7M | 129.3M | 114.8M | 107.9M |
| Profitability Metrics | |||||
| EBITDA | 76.7M | 51.0M | 19.8M | 11.8M | (23.8M) |
| D&A | 28.3M | 26.1M | 17.4M | 15.8M | 12.3M |
| EBIT | 48.4M | 25.0M | 2.4M | (4.0M) | (36.1M) |
As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026