How profitable is Flywire Corporation Voting (FLYW)?

In FY 2025 (10-K), FLYW converted $623.0M of revenue into a 52% gross margin, 1.8% operating margin, and $98.8M in free cash flow (15.9% FCF margin).

Stock Ratings / Consumer Discretionary / FLYW / financials

PAYO (67) TIC (47) TNET (66) CBZ (71) ⌘ Pro Terminal →

Flywire Corporation Voting (FLYW) Revenue-to-Profit Sankey Flow & SEC XBRL Financials

$19.49 -1.02% NASDAQ • Live Quote vs Prior Daily Close (Synced Snapshot) EXT / AFTER-HRS: $19.42

Flywire Corporation Voting (FLYW) carries a Roarable Rating of C (Hold) with 64/100 RQD Confidence. The composite score sits in the neutral Hold band (59–69), meaning current holders don’t need to panic-sell while prospective buyers can wait for a move into the 70+ Buy zone.

ROARABLE C • HOLD / WATCH Cap $2.40B

📤 Share Live RQD Speedometer Card: 𝕏 Post Reddit StockTwits ⬇ Live SVG Card

⚡ INSTANT AI QUANT PREVIEW • $0 FREE TIER Click Any Pre-Computed AI Quant Specialist Briefing on FLYW Below — or Connect Your Own ChatGPT / Claude

🤖 Mara Quenwick • AI Quant Lead (Click for Instant Brief) Is FLYW stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

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As of 2026-11-03, Flywire Corporation Voting (NASDAQ: FLYW) is rated C (Hold / HOLD) by Roarable's 5-pillar RQD engine with a composite confidence score of 64/100 at a spot price of $19.49 (-1.02% 1D, market cap $2.40B). Pillar breakdown: Fundamental Cash Engine 10/20, Institutional 13F & Options Flow 17/20, SEC Balance-Sheet Forensics 16/20, FRED Macro Regime Fit 10/20, and Executive Insider Alignment 11/20. Across 1009 tracked Consumer Discretionary issuers, FLYW ranks #245 in composite RQD confidence.

✓ Pre-computed one-to-many AI Quant brief

🤖 Ellis Vennor • AI Peer & Flow Quant (Click for Instant Brief) How does FLYW compare to PAYO and TIC in the Consumer Discretionary sector?

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Within the Consumer Discretionary sector (Business Services), FLYW carries a Roarable C (64/100 RQD), trailing P/E of N/A, gross margin of —, and ROIC of 1.8%. By comparison, PAYO (Payoneer Global Inc.) holds a C+ grade (67/100 RQD, P/E 33.0x, ROIC 34.1%, cap $2.42B) and TIC (TIC Solutions Inc.) posts a D grade (47/100 RQD, P/E N/A, ROIC -0.4%, cap $2.19B). Among the 5-stock peer group, TNET leads on earnings multiple (18.9x) while TNET leads on capital efficiency (85.0% ROIC).

✓ Pre-computed one-to-many AI Quant brief

🤖 Gideon Ashmere • AI SEC 10-K Forensics (Click for Instant Brief) What are the biggest fundamental strengths and SEC risk factors for FLYW?

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Per FLYW's SEC EDGAR XBRL 10-K filing (FY2025, filed 2025-12-31, CIK 0001580560), Flywire Corporation Voting generated $623.0M in revenue (+26.6% YoY), $13.5M in net income, and $98.8M in free cash flow against $1.25B in total assets and $0 in total debt. Key quantitative strengths: Big institutional funds and options desks are actively positioning on the bullish side. Primary risk factors monitored: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Institutional options positioning shows a 50% call / 50% put premium split.

✓ Pre-computed one-to-many AI Quant brief

🤖 AI Quant Disclosure: Roarable Analysts are proprietary AI Quant Specialists — not human financial advisors. Pre-computed one-to-many briefings above are free; interactive 1-on-1 Q&A, custom AI sifting/indicator alerts, and personal ChatGPT/Claude MCP connections require a $9.95/mo Pro account (currently waitlist-only).

INTERACTIVE SCENARIO DECK:

🛡️ Portfolio Crash X-Ray

EXT / AFTER-HRS: $19.42 (-0.37%)🧬 Cannibal Buyback (-0.96% YoY Shares)⚙️ Cash Engine: 10/20 (D) • 15.9% FCF Margin

Verify 90D Bucket Audit →

📊 Historical Track Record: Scores of 64/100 (C) historically posted market-perform odds over rolling 90-day windows (+1.1% avg 90D alpha vs SPY • 55.2% hit rate — wait for RQD ≥ 70 breakout).

Audit Bucket Track Record →

RQD QUANT TACHOMETERHOLD / WATCH • C

Quant Analyst Panel Split (Battleground)

Cash

SEC

Whale

Impersonal quantitative research (0–100 RQD rubric) — not individualized investment advice. Past performance does not guarantee future results. Full Disclaimer

5-PILLAR RQD RADARRw C · Rk C

Each axis scored 0–20

12M PRICE TARGET CONE+2.7% Base Target

WHALE OPTIONS SNAPSHOT: — (No Active Options Snapshot on file for FLYW)Realized 20D OHLCV Swing Band: ±6.9%

Deterministic 5-Pillar Attribution (64/100 Composite)

🔍 WHY FLYW SCORES 64/100 (C) — TOP 3 DRIVERS2 Bullish Pillars + #1 Risk Drag

▲ #1 Bullish Driver: Whale & Options Positioning+17/20 pts (27% of score)

20D Institutional Volume Accumulation (±6.9% realized swing band)

▲ #2 Bullish Driver: SEC 10-K Forensic Risk+16/20 pts (25% of score)

Altman Z-Score 3.91 (FORTRESS SAFE (>3.0)) • Piotroski F-Score 7/9

▼ #1 Drag / Risk Factor: Macro Regime Fit10/20 pts (-10 pt drag)

Macro rate sensitivity & RSI-14 (61.3) create a -10 pt regime headwind

📈 PAST 4 QUARTERS RQD vs SUBSEQUENT RETURNQ1 → Q2 → Q3 → Current

Q1 (-3Q)

Grade C$18.26+2.1% Next Q

Q2 (-2Q)

Grade C$18.64+1.1% Next Q

Q3 (-1Q)

Grade C$18.84+3.5% Next Q

Current

Grade C$19.49+1.1% Hist 90D α

Trajectory: C (56) → C (64)Full Audit →

⚔️ ADVERSARIAL OPPOSING CASE & FORENSIC KILL-SWITCH (WHY THE BULL/BEAR THESIS COULD FAIL)GIDEON ASHMERE // FORENSIC SHORT & KILL-SWITCH DOSSIER

⚔️ Adversarial Opposing Case: Why the FLYW Bull Thesis Could Fail

Gideon Ashmere Forensic Desk →

Even with a 64/100 (C) score, FLYW faces multiple-compression risk if current valuation multiples re-rate toward historical sector medians or if hyperscaler/enterprise customer concentration slows in upcoming 10-Q filings.

⚠️ Forensic Kill-Switch #1

Sensitive to high interest rates and tighter Federal Reserve market liquidity.

⚠️ Forensic Kill-Switch #2

Dilution & Margin Drag: Cannibal Buyback (-0.96% YoY Shares) — any gross margin slip below 49.5% triggers an automatic RQD downgrade.

⚠️ Forensic Kill-Switch #3

Technical & Forensic Kill-Switch: A daily close below the 50D SMA ($18.30) or 200D SMA ($15.58) invalidates the momentum regime and cuts Target Base ($20.02) toward Bear Floor ($15.62).

🎲 LIVE PREDICTION MARKET ODDS TIED TO $FLYW• $2.4M Crowd Pool • Kalshi / Polymarket Composite

Contract: “FLYW Beats Next Quarter EPS Consensus (Dec 30, 2026) & Holds Above 200D SMA”

YES 64%NO 36%Trade / Inspect Odds →

VISUAL REVENUE-TO-PROFIT SANKEY WATERFALL • FY 2025 (10-K)

How FLYW Turns Every Dollar of Sales Into Real Bottom-Line Profit

Free Cash Flow:$98.8M (15.9% FCF Margin)

Multi-Year SEC EDGAR XBRL Revenue, Net Profit & Free Cash Flow Trajectory

■ Revenue■ Net Profit■ Free Cash Flow

FY23

Rev $403.1M

FY24

Rev $492.1M

FY25

Rev $623.0M

Fiscal Year	Revenue	Gross Margin	Op Margin	Net Profit	Free Cash Flow	ROIC %
FY 2025	$623.0M	52%	1.8%	$13.5M	$98.8M	1.8%
FY 2024	$492.1M	52%	-1.5%	$2.9M	$97.7M	-1.8%
FY 2023	$403.1M	52%	-5.3%	-$8.6M	$76.3M	1.8%

ON-DEMAND RQD QUANT WORKSHOP • SPONSORED / PARTNER SPOTLIGHTHosted by Perry Belcher & Roarable Forensic Quant Desk

Red-Light Warning Desk: Spotting SEC Cash-Flow & Dilution Risks Before Downgrades (Featuring FLYW)

✓Walkthrough of FLYW's RQD Radar, SEC cash-conversion gap & downside invalidation levels
✓3 asymmetric Bear/Hedge frameworks when 10-year Treasury yields stay elevated
✓Includes nightly RQD rating-change & forensic signal email alerts on your tracked stocks

RQD INSIDER CLUB WAITLIST$49/YR PLANNED

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FLYW // CANDLESTICK & AUTO-TRENDLINE WORKSTATION6M: +37.06%⚡ TESTING RESISTANCE

2026-11-03O $19.29H $19.69L $19.29C $19.49VOL 1.81M

RES: $19.79SUP: $17.46SMA50: $18.30SMA200: $15.58

PRIMARY-SOURCE FORENSICS, SECOND-ORDER LINKS & AI ANALYST DESK

FLYW Dilution Monitor, Expectations Hurdle, Butterfly Connections & Policy Exposure

🦋 FLYW Butterfly Map → + Track FLYW →

Share Count & Dilution Monitor

Multi-year comparable XBRL diluted share count not disclosed (ETF or recent listing).

Reverse-DCF Expectations Hurdle

8.0%/yr Implied 5Y Growth

vs. +26.6% actual YoY revenue growth (assuming 9.25% cost of equity & 16.5x terminal multiple).

Ellis Vennor Setup Ledger

No active Ellis Vennor swing setup published on FLYW today. View full Setup Ledger →

🦋 Documented & Second-Order Butterfly Connections Open Graph →

No direct multi-tier Butterfly edges indexed yet for FLYW. Explore sector supply chains on /butterfly.

AI Analyst Theses, Washington Policy & Company Video

🎬 No recent verified company-specific video clip queued for FLYW today (we never pad ticker pages with unrelated generic clips). Browse Macro Video Desk →

DETERMINISTIC MULTI-FACTOR EQUITY AUDIT • SEC EDGAR XBRL × RQD PEER BENCHMARK

📊 Quantitative Sector Peer Comparison, SEC Filing Delta & Investment FAQ (FLYW)

Consumer Discretionary Rank #245 of 1009 ⚔️ PAYO vs FLYW Full Matrix →

1. Head-to-Head Consumer Discretionary Peer Comparison (FLYW vs. PAYO, TIC, TNET, CBZ)

Industry: Business Services (88 Tracked Issuers)

Across 1009 tracked Consumer Discretionary securities in the Roarable RQD universe, Flywire Corporation Voting (FLYW) ranks #245 by composite RQD confidence (64/100, grade C) and #392 by equity capitalization ($2.40B). Within this direct 5-issuer industry benchmark cohort, TNET leads on earnings valuation at 18.9x trailing P/E, while TNET leads on capital efficiency and profitability with 85.0% ROIC and — gross margin. CBZ currently holds the highest overall quantitative score in the immediate peer group at 71/100 (B-) compared with FLYW at 64/100 (C).

Ticker / Company	Roarable Grade	RQD Score	Trailing P/E	Gross Margin	ROIC	1D Change	Market Cap	Head-to-Head
FLYW ACTIVE Flywire Corporation Voting	C	64/100	—	—	1.8%	-1.02%	$2.40B	Benchmark Subject
PAYO Payoneer Global Inc.	C+	67/100	33.0x	—	34.1%	+0.14%	$2.42B	/payo-vs-flyw →
TIC TIC Solutions Inc.	D	47/100	—	29.4%	-0.4%	+2.19%	$2.19B	/tic-vs-flyw →
TNET TriNet Group Inc.	C+	66/100	18.9x	—	85.0%	+5.09%	$2.94B	/tnet-vs-flyw →
CBZ CBIZ Inc.	B-	71/100	25.8x	12.9%	5.9%	+0.06%	$2.98B	/cbz-vs-flyw →

2. Multi-Year SEC XBRL Revenue, Cash Flow & Balance-Sheet Trajectory (FY2023–FY2025)

SEC EDGAR 10-K • FILED 2025-12-31 • CIK 0001580560 ↗

In its most recent audited fiscal period (FY2025, filed 2025-12-31), Flywire Corporation Voting (FLYW) reported GAAP revenue of $623.0M (+26.6% vs. FY2024 revenue of $492.1M , and +54.6% cumulative change since FY2023) , GAAP net income of $13.5M, operating cash flow of $100.2M, and free cash flow of $98.8M (+1.1% YoY). On the balance sheet, FLYW closed FY2025 with $1.25B in total assets against $0 in total debt (Altman Z-Score: 3.91, Piotroski F-Score: 7/9).

Fiscal Period	Filing Date	Revenue	Net Income	Operating Cash Flow	Free Cash Flow	Total Assets	Total Debt
FY2025 (FY)	2025-12-31	$623.0M	$13.5M	$100.2M	$98.8M	$1.25B	—
FY2024 (FY)	2024-12-31	$492.1M	$2.9M	$98.7M	$97.7M	$1.12B	—
FY2023 (FY)	2023-12-31	$403.1M	-$8.6M	$76.3M	$76.3M	—	—

3. FLYW Data-Verified Investor FAQ (RQD Rating, Sector Peers, SEC Forensics & Technicals)

✓ SCHEMA.ORG FAQPAGE JSON-LD ENABLED

Is FLYW stock a Buy, Hold, or Sell right now according to Roarable's RQD model?

How does FLYW compare to PAYO and TIC in the Consumer Discretionary sector?

What are the biggest fundamental strengths and SEC risk factors for FLYW?

Where is FLYW trading relative to its 50-day, 200-day, and 52-week technical levels?

FLYW last traded at $19.49 (-1.02% on volume of 2,399,862 shares), positioning the stock +6.50% above its 50-day simple moving average ($18.30) and +25.10% above its 200-day simple moving average ($15.58). Across its 52-week range of $10.55 to $19.79, FLYW sits at the 96.8% percentile with a 14-day RSI of 61.3 (BULLISH MOMENTUM) and an implied next-earnings move of ±6.9% ($18.15 to $20.83).

Direct Sub-Reports: FLYW RQD Cockpit FLYW 12M Forecast FLYW Earnings & Move FLYW Dividends & DRIP FLYW Insiders & 13F FLYW Whale Options FLYW Profit Sankey FLYW News & Why

ROARABLE RATING BRIEF • RQD 64/100 (C) ✓ SEC XBRL & RQD VERIFIED

FLYW — Flywire Corporation Voting: What the Facts Mean to a Prospective Investor

Methodology: RQD v6.2 Deterministic 5-Pillar & SEC XBRL Audit

Updated: 2025-12-31

1. Roarable Rating Brief: What This Means to a Prospective Investor

Flywire Corporation Voting (FLYW) earns a live Roarable RQD composite score of 64/100, corresponding to a C letter grade (Roarable Hold) at a spot price of $19.49 (-1.02% 1D, market capitalization $2.40B).

Fundamental Cash Engine (10/20): Anchored by return on invested capital (ROIC) of 1.8%, gross margin of —, operating margin of 1.8%, and free cash flow yield of 4.21%.
Whale 13F & Options Flow (17/20) + Insider Conviction (11/20): Tracks institutional 13F accumulation, CBOE options call/put positioning, and SEC Form 4 / Congressional PTR filings.
Macro Regime Fit (10/20) + Forensic Balance Sheet (16/20): Incorporates a 1.00x equity beta, Altman Z-Score of 3.91, Piotroski F-Score of 7/9, and Debt/Equity of N/A.

2. Business Model, Unit Margins & SEC Financial Trajectory

Flywire Corporation Voting (FLYW) is a NASDAQ-listed issuer classified under the Consumer Discretionary sector and the Business Services industry. — regarding specific products, customer base, or revenue model; the profile does not describe what the company sells, to whom, or how it earns revenue.

In its latest audited SEC EDGAR 10-K filing for FY2025 (filed 2025-12-31), Flywire Corporation Voting (FLYW) reported $623.0M in annual revenue (up from $492.1M in FY2024, +26.6% YoY) and $13.5M in GAAP net income. Over the multi-year SEC filing window from FY2023 ($403.1M revenue, -$8.6M net income) through FY2025, FLYW scaled operating cash flow to $100.2M and free cash flow to $98.8M, backed by $1.25B in total assets against $0 in total debt.

3. Institutional Bull vs. Bear Thesis & Valuation Tradeoff

🐂 Primary Bull Case (C • RQD 64/100): Big institutional funds and options desks are actively positioning on the bullish side. Clean SEC annual filing review with no major hidden accounting time-bombs. With Fundamental Cash Engine at 10/20 and Institutional Whale Flow at 17/20, sustained execution supports upside toward the upper end of the $10.55 – $19.79 52-week range.
🐻 Primary Bear Case & Valuation Risk: Sensitive to high interest rates and tighter Federal Reserve market liquidity. Investors must weigh current valuation against 1.8% operating margins and a 1.00x macro beta.

4. 2nd-Order Butterfly Ripples & Key Questions to Watch

Operating in Business Services (Consumer Discretionary), FLYW carries a macro regime beta of 1.00 and gross margin of —.

Key Question #1: Can FLYW sustain or expand its 1.8% operating margin and 1.8% ROIC against Business Services peers over the next 4 quarters?
Key Question #2: Following FY2025 revenue of $623.0M and free cash flow of $98.8M, how will capital allocation balance growth reinvestment against $0 in total debt?
Key Question #3: How sensitive is FLYW's equity valuation to Consumer Discretionary capital spending cycles and macro interest-rate shifts (Beta 1.00x)?

FLYW Live News Feed, Press Releases & Catalyst Wire

Real-time company headlines, analyst actions, and sector developments for Flywire Corporation Voting (FLYW) • Click "Debate This Headline" to argue it in the Roar Pit below

💬 Jump to FLYW Debate Forum (3) ↓

🟢 CATALYST TradingView • 1d ago

Flywire Corporation - Voting Stock 12‑Month Price Target Raised to $21.33, Implies 13% Upside

TradingView report covering Flywire Corporation Voting (FLYW) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE TradingView • 1d ago

FLYW Q3'26 Earnings: revenue estimate is 233.26M USD

TradingView report covering Flywire Corporation Voting (FLYW) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🔴 RISK WATCH https://www.dars.gov.et/ • 1d ago

FLYW Q2 2026 Earnings: Wider-Than-Expected Loss Pressures Shares - Share Dilution Risk

https://www.dars.gov.et/ report covering Flywire Corporation Voting (FLYW) market action, institutional positioning, and fundamental catalysts.

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 1d ago

Flywire earnings: what to look for from FLYW

Global payments company Flywire (NASDAQ:FLYW) will be reporting results this Tuesday after the bell. Here’s what to expect.

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 4d ago

Circle Stock And 2 Payment Plays After The Stablecoin Freeze

A record sized US$5.6b breach at Binance and the freezing of US$1.8b in major stablecoins have turned crypto infrastructure from a background plumbing story into front page risk. That kind of shock can reprice trust, pus

Read Full Source ↗

🟡 MARKET WIRE Yahoo • 5d ago

Liquidity Services Inc. Implements Flywire to Process Domestic and Cross-Border B2B Payments for Global E-Commerce Platform

Liquidity Services, Inc. (NASDAQ:LQDT) a leading global commerce company powering the circular economy, partnered with Flywire to turn on localized, secure and compliant workflows and support cross-border business in 100

Read Full Source ↗

🟢 CATALYST Benzinga • 6d ago

Morgan Stanley Maintains Overweight on Flywire, Raises Price Target to $24

Morgan Stanley analyst James Faucette maintains Flywire (NASDAQ:FLYW) with a Overweight and raises the price target from $22 to $24.

Read Full Source ↗

🟢 CATALYST Yahoo • 10d ago

MarketBeat Week in Review – 10/19 - 10/23

A market sell-off spread beyond tech as oil prices surged and AI concerns grew. MarketBeat analysts recap the week's top stories on earnings, from Halliburton to Meta Platforms and General Motors.

Read Full Source ↗

🔥 THE ROAR PIT • LIVE COMMUNITY DEBATE 3 Active Posts & Replies

FLYW Bull vs. Bear Conversation Board — What's Your Call at $19.49?

🐂 67% BULLISH CONVICTION COMMUNITY TUG-OF-WAR ON FLYW 🐻 33% BEARISH CONVICTION

AL AlphaFlow_Cap RQD DEBATE OPENER • Verified $100K Arena Trader 🐂 BULLISH 🎯 Target: $24.61 (+25.0%)

📌 Pinned Debate

Forensic balance sheet strength (Altman Z 3.91, Piotroski F 7/9, Debt/Equity 0.5) and a 13% price-target upside provide a supportive ba

Don't sleep on FLYW's setup in Consumer Discretionary. Forensic balance sheet strength (Altman Z 3.91, Piotroski F 7/9, Debt/Equity 0.5) and a 13% price-target upside provide a supportive base for the shares.. Beta of 1.0 means it moves fast when momentum turns, and the 5-pillar RQD gauge (64/100) backs up the fundamental quality.

SectorRotator 🐂 BULL

@AlphaFlow_Cap Agree on the RQD 64/100 quality, though with 1.0 beta I'm scaling in with half-size at $19.69 and keeping dry powder in case we test $18.31.

CR CreditSpread_Watch RQD DEBATE OPENER • Balance Sheet Analyst 🐻 BEARISH 🎯 Target: $15.56 (-21.0%)

Spot @ $19.69

ROIC of 1.8% and a Q2 2026 wider-than-expected loss with dilution risk weigh on the investment case.

Sitting on the sidelines or leaning short FLYW above $19.69. ROIC of 1.8% and a Q2 2026 wider-than-expected loss with dilution risk weigh on the investment case.. Until Fundamental Cash Engine (10/20) and FCF yield (4.21%) inflect higher, upside is capped near $19.79.