Flywire Corp. (FLYW) intrinsic value & 10-year financials
Flywire Corp. (FLYW) has a Graham intrinsic value of $3.65 per share. At $18.47 on Oct 17, 2026, the stock trades 406% above that value. Over the last 8 fiscal years revenue grew 36.8% a year to $623.0M, with an average return on invested capital of 8.6%.
- Graham intrinsic value
- $3.65
- Share price (Oct 17, 2026)
- $18.47
- Price vs Graham value
- 406% above
- Market cap
- $2.4B
- Revenue (FY2025)
- $623.0M
- Revenue growth (8-yr CAGR)
- 36.8%
- ROIC (10-yr avg)
- 8.6%
- Free cash flow (FY2025)
- $98.8M
FLYW 10-year financial history
| Fiscal year | Revenue | Net income | EPS (diluted) | Free cash flow | Operating margin | ROIC |
|---|---|---|---|---|---|---|
| FY2025 | $623.0M | $13.5M | $0.11 | $98.8M | 1.8% | 1.7% |
| FY2024 | $492.1M | $2.9M | $0.02 | $90.5M | -1.5% | -2.3% |
| FY2023 | $403.1M | -$8.6M | -$0.07 | $79.6M | -5.3% | -16.2% |
| FY2022 | $289.4M | -$39.3M | -$0.36 | -$1.6M | -10.4% | -23.7% |
| FY2021 | $201.1M | -$28.1M | -$0.39 | $10.4M | -6.6% | 68.5% |
| FY2020 | $131.8M | -$11.1M | -$0.15 | -$16.4M | -12.0% | 6.0% |
| FY2019 | $94.9M | -$20.1M | — | $325.0K | -18.4% | 26.1% |
| FY2018 | — | — | — | — | — | — |
Source: annual 10-K filings on SEC EDGAR. Figures in USD.
Executive summary
Flywire Corp revenue growth over the past decade is N/A; insufficient history prevents a reliable 10-year CAGR calculation.
Flywire Corp returns on capital have been average, hovering around 8.6% ROIC over the decade.
Flywire Corp capital allocation metrics are N/A for the decade; share count and net debt history are incomplete.
Benjamin Graham lens
Under Benjamin Graham's formula using SEC EDGAR fundamentals, Flywire Corp is modeled at 15.0% normalized earnings growth with a 5.1% bond-yield adjustment. The resulting Graham intrinsic value estimate is $3.65 per share.