Flywire (FLYW) Debt Ratio (2020 - 2025)

Flywire's (FLYW) quarterly Debt Ratio came in at 0.01 in Q3 2025, down 77.89% quarter-over-quarter from 0.05 in Q2 2025.

Analysis

Flywire (FLYW) Debt Ratio (2020 - 2025) Analysis & Trends

Flywire has disclosed Debt Ratio across 5 years of filings, most recently posting 0.01 for Q3 2025.

In Q3 2025, Debt Ratio changed N/A year-over-year to 0.01; the TTM figure through Sep 2025 stood at 0.01 (changed N/A YoY), while the FY2022 annual figure was 0.19, up 13.57% from the prior year.
Debt Ratio came in at 0.01 for Q3 2025 at Flywire, down from 0.05 in the prior quarter.
In the past five years, Debt Ratio ranged from a high of 0.19 in Q4 2022 to a low of 0.01 in Q3 2025.
Average Debt Ratio over 4 years is 0.12, with a median of 0.13 recorded in 2022.
Year-over-year, Debt Ratio sank 51.11% in 2021 and gained 13.57% in 2022.
Over 4 years, Debt Ratio stood at 0.16 in 2021, then advanced by 13.57% to 0.19 in 2022, then tumbled by 44.69% to 0.1 in 2023, then tumbled by 88.44% to 0.01 in 2025.
Per Business Quant data, the three most recent Debt Ratio figures were 0.01 in Q3 2025, 0.05 in Q2 2025, and 0.06 in Q1 2025.

Peer Set

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Debt Ratio (Qtr)
1	Block	47.96 Bn	41.53 Bn	3.17 Bn	0.16
2	PayPal Holdings	46.69 Bn	35.44 Bn	-	0.18
3	Fiserv	26.99 Bn	26.36 Bn	3.59 Bn	0.34
4	Corpay	26.69 Bn	19.68 Bn	1.19 Bn	0.59
5	Global Payments	24.17 Bn	18.76 Bn	2.03 Bn	0.37
6	Wex	6.49 Bn	384.52 Mn	463.80 Mn	0.32
7	Aci Worldwide	5.27 Bn	5.10 Bn	181.57 Mn	0.28
8	Paymentus Holdings	4.46 Bn	4.08 Bn	94.31 Mn	-
9	dLocal	4.35 Bn	3.47 Bn	127.15 Mn	0.03
10	Flywire	2.19 Bn	1.90 Bn	-	-

Historic Data

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