FLYW · Flywire Corp
$18.63
-0.01 (-0.05%)
At close · Oct 21
Return incl. dividend (before tax)
Market Cap
$2.27B
Shares
121.67M
Volume · Oct 21
864.24K
Avg daily vol (3M)
1.64M
Price & Indicators
20d MA
50d MA
200d MA
Earnings
Filing
Insider
Congress
Investor day
Close$18.63
Open$18.50
Day$18.37–18.74
52W close$10.64–19.54
Avg vol 30d1.4M
Short int12.4M · 10.2% float · 7.6d
Short vol55%
Last earningsNov 3, 2026
DataMay 2021–Oct 2026
Filing10-Q · Aug 5
Up next
Next earnings release
Nov 3, 2026
Announced
· in 2 wks
Next earnings call
Nov 3, 2026
Scheduled
· in 2 wks
filed Aug 5, 2026
call held Aug 4, 2026
Metrics snapshot
Useful current figures from the complete screener profile.
Revenue (TTM)
$713.54M
Trailing 12 months
Net income (TTM)
$34.03M
Trailing 12 months
Revenue growth YoY
+27.2%
Year over year
Operating margin
5.5%
Trailing 12 months
P / E (TTM)
69.0
Trailing earnings · reciprocal yield 1.4%
FCF yield
7.3%
TTM · current market cap
Return on invested capital
7.0%
Trailing 12 months
Net cash
$362.34M
Latest balance sheet
Dividend yield
—
Trailing 12 months
Shares change YoY
+0.5%
Year over year · more shares
Price change (1Y)
+41.0%
Trailing year
Short interest
10.2%
Latest settlement · 7.6 days to cover
Quarterly results
* Q4 derived as the full year minus Q1 to Q3.
AI Brief
Q2 FY26 earnings call · Aug 4, 2026
Q2 FY26
TL;DR. Flywire posted Q2 revenue of $167.7M (up 27%) and raised full-year 2026 FX-neutral revenue growth guidance by 300 bps at the midpoint and adjusted EBITDA margin guidance by 25 bps, citing faster-than-expected payment-processing ramps in B2B and healthcare even as U.S./UK visa headwinds were reiterated.
Bullish
- + Raised full-year 2026 FX-neutral revenue growth guidance by 300 bps at the midpoint
- + Raised full-year 2026 adjusted EBITDA margin expansion guidance by 25 bps at the midpoint
- + Q2 revenue grew 27.2% and beat the FX-neutral growth guide by ~590 bps at the midpoint
- + Total Payment Volume grew 38.2% to $8.2B and transaction revenue grew 35% YoY
Bearish
- − Continued macro/visa headwinds: U.S. visa assumed down 30%, UK rejection rates rising, Australia raised fees, stricter U.S./UK regulation
- − Q2 GAAP net loss of $(8.1)M, though an improvement from prior-year period
- − Management warned that accelerated FY2026 ramps create a tougher 2027 comp and signalled UK revenue growth will exit below company average
From the call
AI-generated from the earnings call and 8-K · may contain errors · not investment advice
Equibles Rating
blended score · not investment adviceOverall
Buy
SellHoldBuy
Technical
Strong Buy
Momentum
Very Strong
Sentiment
Neutral
Fundamentals
Excellent
Quant / Vol
High
Market backdrop
VIX 16.7 · calm
Equity put/call 0.52
Technical
price trend
50 / 200-day cross
No cross
Price vs 200-day avg
+21%
above
Price vs 50-day avg
+2%
above
RSI (14)
55
neutral
MACD trend
Positive
52-week position
90%
near high
Volume (OBV)
Confirms
volume backs price
Momentum
relative strength
1-month return
+11%
trailing
6-month return
+38%
trailing
YTD return
+32%
this year
Relative strength
+30%
vs S&P · 6-mo
Sentiment
smart money
Trend (MA cross)
No cross
50d $18 › 200d $15 — 50d above 200d
Institutional flow
Accumulating
23 of 239 funds reported for Sep 30 · net +2.6M sh shares · +3 new
Insider flow
Distributing
Net -$656.0K over 90 days · 100% sells
Short interest
Rising
10.19% of float · ▲ +5.3% MoM · 7.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
239 holders — near 3-yr high, broad support
Squeeze score
78
high risk · 0–100
Fundamentals
Revenue growth
+27%
Y/Y
EPS growth
+450%
Y/Y
Free cash flow
$98.8M
Valuation
P/E 69
rich
Buyback
$122.7M
remaining
Balance sheet
$495.2M
net cash
Quant / Vol
risk profile
Volatility
47%
annualized · 1-yr
Max drawdown
−28%
past year
ATR
3.3%
of price · 14-day
Blended from price, momentum, positioning, fundamentals & volatility · daily-close · not investment advice. Market backdrop is context, not part of the score.
Guidance & track record
Latest guidance
· from the Earnings Call filed Aug 4, 2026
full year 2026
FX-neutral revenue growth
Non-GAAP
21% – 27%
Adjusted EBITDA margin
Non-GAAP
23%
Stock-based compensation as a percent of revenue
10%
Stock-based compensation as a percentage of revenue
Non-GAAP
10%
Free cash flow conversion of adjusted EBITDA
Non-GAAP
70% – 75%
this year
Net dilution
up to 2%
ongoing
Net dilution on an ongoing basis
up to 3%
next few years
Adjusted EBITDA margin
Non-GAAP
30%
full year 2027
Adjusted EBITDA margin
Non-GAAP
25%
Prior guidance
period ended
· from the Earnings Call filed Aug 4, 2026
FX neutral revenue growth
· Q3 2026
16% – 22%
Guided vs delivered
· last 8 settled
Revenue
Q3 2024
guided $141M – $151M
$156.82M
Beat +7.4%
Revenue
FY 2024
guided $469M – $485M
$492.14M
Beat +3.2%
Revenue
First Quarter 2024
guided $110M – $117M
$114.1M
In line
Revenue
Third Quarter 2023
guided $121M – $128M
$123.32M
In line
Guidance from company 8-Ks · delivered figures from as-reported statements · no analyst estimates involved.
Technicals
trend & momentum for long-term holders Strong Buy
50 / 200-day cross
No cross
Neutral
Price vs 200-day avg
+21%
Bullish
Price vs 50-day avg
+2%
Bullish
RSI (14)
55
Neutral
MACD trend
Positive
Bullish
52-week position
90%
Bullish
Volume (OBV)
Confirms
Neutral
Market signals — smart money & positioning
Mixed
Trend (MA cross)
No cross
50d $18 › 200d $15 — 50d above 200d
Institutional flow
Accumulating
23 of 239 funds reported for Sep 30 · net +2.6M sh shares · +3 new
Insider flow
Distributing
Net -$656.0K over 90 days · 100% sells
Short interest
Rising
10.19% of float · ▲ +5.3% MoM · 7.6 days cover
Volume signal
Normal
Volume near normal
Institution breadth
Multi-yr high
239 holders — near 3-yr high, broad support
Price context
position in its 52-week range
Range low $11
Now $19 · 90%
Range high $20
vs 200-day avg +21%
vs 50-day avg +2%
Illustrative technical + ownership context — a signal mix, not investment advice.
Key metrics
the company's own KPIs, from written earnings releases and filings| Metric | Latest | Period | YoY |
|---|---|---|---|
| Adjusted EBITDA Margin (E/B) non-GAAP | 14.6% | Three Months Ended June 30, 2026 filing | — |
| Non-GAAP Selling and marketing non-GAAP | $28.5M | Three Months Ended June 30, 2026 filing | — |
GAAP → non-GAAP reconciliationGAAP GAAP Selling and marketing 38.9M
-6M Stock-based compensation expense and related taxes
-4.5M Depreciation and amortization
= Non-GAAP Selling and marketing 28.5M
|
|||
| Platform and other revenues payment volume | $1.06B | Three Months Ended June 30, 2026 filing | — |
| Transaction payment volume | $7.14B | Three Months Ended June 30, 2026 filing | — |
| Adjusted EBITDA non-GAAP | $63.3M | Six Months Ended June 30, 2026 | — |
| Adjusted EBITDA margin non-GAAP | 18.2% | Six Months Ended June 30, 2026 | — |
| Adjusted Gross Margin non-GAAP | 56.6% | Second quarter of 2026 | — |
| Adjusted Gross Profit non-GAAP | $203.2M | Six Months Ended June 30, 2026 | — |
| FX Neutral Revenue Less Ancillary Services non-GAAP | $161.8M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP Revenue Less Ancillary Services $163.8M
-$2M Effects of foreign currency rate fluctuations
= FX Neutral Revenue Less Ancillary Services $161.8M
|
|||
| FX-Neutral Revenue Less Ancillary Services growth non-GAAP | 26.9% | Second quarter of 2026 | — |
| Non-GAAP General and administrative non-GAAP | $27.7M | Three Months Ended June 30, 2026 | — |
GAAP → non-GAAP reconciliationGAAP GAAP General and administrative $38.5M
-$9.2M Stock-based compensation expense and related taxes
-$1M Depreciation and amortization
-$0.5M Change in fair value of contingent consideration
+$0M Acquisition related transaction costs
= Non-GAAP General and administrative $27.7M
|
|||
| Non-GAAP Technology and development non-GAAP | $14.2M | Three Months Ended June 30, 2026 | — |
| Revenue Less Ancillary Services non-GAAP | $163.8M | Second quarter of 2026 | — |
GAAP → non-GAAP reconciliationGAAP Revenue $167.7M
-$3.9M Pass-through cost for printing and mailing
+$0M Marketing fees
= Revenue Less Ancillary Services $163.8M
|
|||
| Self-service rate | 44.7% | Q2'26 | — |
| Shares repurchased | 3.1M | Second quarter of 2026 | — |
| Total Payment Volume | 8.2B | Second quarter of 2026 | — |
Figures exactly as the company stated them in writing · click a metric with a to chart its history · period links open the stating document · "filing" marks figures stated in the 10-K/10-Q · YoY needs an exactly comparable prior-year period
Versus peers
Software - Infrastructure — same industry group| Company | Mkt cap | YTD | Rev growth Y/Y | P/E | Short % shares |
|---|---|---|---|---|---|
|
FLYW
this stock
Flywire Corp
|
$2.27B | +31.6% | +26.6% | 69.0 | 10.2% |
|
MSFT
Microsoft Corp
|
$3.95T | +10.2% | +6.9% | 29.6 | 0.8% |
|
PLTR
Palantir Technologies Inc.
|
$462.83B | +13.5% | +56.2% | 164.6 | 2.3% |
|
ORCL
Oracle Corp
|
$396.53B | -33.7% | +17.3% | 20.6 | 1.6% |
|
PANW
Palo Alto Networks Inc
|
$278.35B | +88.5% | +29.0% | — | 2.6% |
Peers by industry group · P/E from as-reported trailing EPS · short % is of shares outstanding
At a glance
key data from every sectionOwnership
Short & Settlement
Smart Money
Financials
Filings
Performance
| 5D | 20D | 120D | MTD | YTD | |
|---|---|---|---|---|---|
| FLYW | +3.2% | +10.5% | +37.9% | +6.5% | +31.6% |
| SPY | +0.5% | +0.7% | +7.6% | +1.4% | +13.4% |
| vs SPY | +2.7% | +9.8% | +30.3% | +5.1% | +18.2% |
Capital returns
Buyback program
· as of Jun 30, 2026
Authorized
$300.00M
Spent (derived)
$177.30M
Remaining
$122.70M
Spent
Remaining
Dividends per share over the trailing 365 days by ex-date · buyback figures as last reported in SEC filings ("spent" derived as authorized − remaining; when several programs run concurrently, authorized is their combined total per the newest filing) · components shown separately — trailing-year buyback spend isn't tracked, so no combined shareholder yield is derived.
Key facts
CIK
1580560
CUSIP
302492103
13F (30d)
28 filings
22 filers
Visit website
Investor relations