Flywire annual free cash flow
2019
2020
2021
2022
2023
2024
2025
Flywire Free Cash Flow (FCF) History (FLYW)
Flywire reported $98.8M in free cash flow for fiscal 2025, an increase of 1.10% from the previous fiscal year, with a free cash flow margin of 15.86%.
View full Flywire company overviewFlywire free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $98.8M | $1.1M | +1.10% | +15.86% |
| 2024 | 2024-12-31 | $97.7M | $22.4M | +29.74% | +19.86% |
| 2023 | 2023-12-31 | $75.3M | $71.3M | +1749.21% | +18.69% |
| 2022 | 2022-12-31 | $4.1M | −$12.0M | −74.67% | +1.41% |
| 2021 | 2021-12-31 | $16.1M | $32.4M | — | +8.00% |
| 2020 | 2020-12-31 | −$16.4M | −$16.7M | — | −12.42% |
| 2019 | 2019-12-31 | $325,000 | — | — | +0.34% |
Flywire quarterly free cash flow
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $20.8M | $1.5M | +7.54% | +12.42% |
| Q1 2026 | 2026-03-31 | −$16.0M | $65.0M | — | −8.50% |
| Q4 2025 | 2025-12-31 | $4.5M | $33.1M | — | +2.85% |
| Q3 2025 | 2025-09-30 | $155.9M | −$28.5M | −15.44% | +77.92% |
| Q2 2025 | 2025-06-30 | $19.4M | $39.0M | — | +14.68% |
| Q1 2025 | 2025-03-31 | −$81.0M | −$42.6M | — | −60.68% |
| Q4 2024 | 2024-12-31 | −$28.7M | −$84.1M | — | −24.38% |
| Q3 2024 | 2024-09-30 | $184.4M | $138.2M | +298.68% | +117.60% |
| Q2 2024 | 2024-06-30 | −$19.7M | −$14.7M | — | −18.97% |
| Q1 2024 | 2024-03-31 | −$38.3M | −$17.0M | — | −33.61% |
| Q4 2023 | 2023-12-31 | $55.4M | $22.5M | +68.60% | +55.10% |
| Q3 2023 | 2023-09-30 | $46.3M | $46.7M | — | +37.51% |
| Q2 2023 | 2023-06-30 | −$5.0M | $6.2M | — | −5.89% |
| Q1 2023 | 2023-03-31 | −$21.3M | −$4.2M | — | −22.60% |
| Q4 2022 | 2022-12-31 | $32.9M | $44.7M | — | +44.98% |
| Q3 2022 | 2022-09-30 | −$451,000 | −$9.9M | — | −0.47% |
| Q2 2022 | 2022-06-30 | −$11.2M | −$37.6M | — | −19.86% |
| Q1 2022 | 2022-03-31 | −$17.1M | −$842,000 | — | −26.50% |
| Q4 2021 | 2021-12-31 | −$11.9M | −$24.3M | — | −23.06% |
| Q3 2021 | 2021-09-30 | $9.5M | — | — | +13.99% |
| Q2 2021 | 2021-06-30 | $26.4M | — | — | +71.28% |
| Q1 2021 | 2021-03-31 | −$16.3M | — | — | −36.15% |
| Q3 2020 | 2020-09-30 | $12.5M | — | — | +29.68% |
Flywire free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from −$16.4M to $98.8M, a net increase of $115.2M. Flywire's latest reported quarter, Q2 2026, generated $20.8M in free cash flow, an increase of 7.54% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Flywire filings at SEC.gov ↗