Flywire (FLYW) EV to CFO (2021 - 2026)
Flywire's EV to CFO was 11.08 in Q2 2026, down 6.9% from 11.90 a year earlier but up 68.0% from the prior quarter.
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Analysis
Flywire (FLYW) EV to CFO (2021 - 2026) Analysis & Trends
On a trailing twelve-month basis, Flywire's EV to CFO was 4.72 through Jun 30, 2026; for FY2025, it was 13.43, down 30.6% from FY2024.
- EV to CFO has now declined for three consecutive years.
- In earlier years, EV to CFO was 19.34 in FY2024 (-31.0%), 28.02 in FY2023 (-93.3%), 420.25 in FY2022 (+209.9%) and 135.62 in FY2021.
- Quarterly EV to CFO has moved between 6.59 (Q1 2026) and 1806.49 (Q1 2023) over five years.
- Compared with a year earlier, EV to CFO has declined for three straight quarters, with an average decline of 22.7% over the last eight quarters.
- The best year-over-year quarter for EV to CFO over five years was Q1 2023 (growth of 888.7%); the worst was Q1 2024 (a decline of 97.7%).
- Per Business Quant data, FLYW's EV to CFO in the three quarters before Q2 2026 was 6.59 (Q1 2026), 13.43 (Q4 2025) and 18.74 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.12 Bn | 6.93 Bn | - |
| 2 | PayPal Holdings | 46.45 Bn | 4.68 Bn | - |
| 3 | Block | 44.49 Bn | 15.75 Bn | 3.17 Bn |
| 4 | Iren | 31.49 Bn | 19.08 Bn | 103.89 Mn |
| 5 | Corpay | 25.78 Bn | 15.98 Bn | - |
| 6 | Fiserv | 24.12 Bn | 20.82 Bn | 2.90 Bn |
| 7 | Global Payments | 22.15 Bn | 588.57 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.50 Bn | 12.88 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.68 Bn | 8.25 Bn | 269.68 Mn |
| 10 | Flywire | 2.11 Bn | 755.88 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.08 |
| Mar 31, 2026 | 6.59 |
| Dec 31, 2025 | 13.43 |
| Sep 30, 2025 | 18.74 |
| Jun 30, 2025 | 11.90 |
| Mar 31, 2025 | 15.84 |
| Dec 31, 2024 | 19.34 |
| Sep 30, 2024 | 7.27 |
| Jun 30, 2024 | 32.50 |
| Mar 31, 2024 | 40.85 |
| Dec 31, 2023 | 28.02 |
| Sep 30, 2023 | 58.65 |
| Jun 30, 2023 | 418.62 |
| Mar 31, 2023 | 1,806.49 |
| Dec 31, 2022 | 420.25 |
| Mar 31, 2022 | 182.71 |
| Dec 31, 2021 | 135.62 |
| Sep 30, 2021 | 101.63 |
| Jun 30, 2021 | 37.98 |
API Access
Flywire EV to CFO API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FLYW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-cfo", "ticker": "FLYW", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=ev-to-cfo&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();