Flywire (FLYW) EV to EBITDA (2021 - 2026)
Flywire's EV to EBITDA came in at 26.94 for Q2 2026, down 62.7% from 72.32 a year earlier but up 52.5% from the prior quarter.
Flywire (FLYW) EV to EBITDA (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Flywire reported EV to EBITDA of 11.48; for FY2025, it was 36.02, down 80.9% from FY2024.
- Going back by year, EV to EBITDA was 188.79 in FY2024.
- The five-year range for quarterly EV to EBITDA is 17.66 (Q1 2026) to 1600.05 (Q3 2021).
- Year-over-year, EV to EBITDA has declined for four consecutive quarters, with an average decline of 78.7% over the last four quarters.
- Business Quant data shows FLYW's EV to EBITDA at 17.66 (Q1 2026), 36.02 (Q4 2025) and 41.45 (Q3 2025) in the three quarters before Q2 2026.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 50.59 Bn | 7.40 Bn | - |
| 2 | PayPal Holdings | 46.79 Bn | 5.01 Bn | - |
| 3 | Block | 44.05 Bn | 15.31 Bn | 3.17 Bn |
| 4 | Iren | 31.74 Bn | 19.34 Bn | 103.89 Mn |
| 5 | Corpay | 26.01 Bn | 16.21 Bn | - |
| 6 | Fiserv | 24.47 Bn | 21.17 Bn | 2.90 Bn |
| 7 | Global Payments | 22.51 Bn | 952.73 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.56 Bn | 12.94 Bn | 40.81 Mn |
| 9 | Guidewire Software | 11.90 Bn | 8.47 Bn | 269.68 Mn |
| 10 | Flywire | 2.10 Bn | 752.23 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 26.94 |
| Mar 31, 2026 | 17.66 |
| Dec 31, 2025 | 36.02 |
| Sep 30, 2025 | 41.45 |
| Jun 30, 2025 | 72.32 |
| Mar 31, 2025 | 140.15 |
| Dec 31, 2024 | 188.79 |
| Sep 30, 2024 | 255.81 |
| Sep 30, 2021 | 1,600.05 |
Flywire EV to EBITDA 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-ebitda&ticker=FLYW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ev-to-ebitda", "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-ebitda&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();