Flywire (FLYW) Intangibles (2020 - 2026)
Flywire (FLYW) recorded Intangibles of $177.74 million in Q2 2026, down 10.9% from $199.59 million a year earlier and down 3.0% from the prior quarter.
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Analysis
Flywire (FLYW) Intangibles (2020 - 2026) Analysis & Trends
At the end of FY2025, Flywire reported Intangibles of $189.05 million, up 59.3% from FY2024.
- Annual Intangibles has increased for five straight years, with a five-year compound annual growth rate of 22.6% (FY2020 to FY2025).
- Across earlier years, Intangibles came in at $118.68 million in FY2024 (+9.7%), $108.18 million in FY2023 (+10.8%), $97.62 million in FY2022 (+4.3%) and $93.6 million in FY2021 (+37.2%).
- The Q2 2026 figure is the lowest quarterly Intangibles since Q4 2024.
- On a year-over-year basis, Intangibles rose in six of the last eight quarters, with growth averaging 42.2%.
- Peak year-over-year performance for Intangibles in the last five years was growth of 97.0% in Q2 2025, against a decline of 10.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $183.15 million (Q1 2026), $189.05 million (Q4 2025) and $194.2 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Coinbase Global | 49.17 Bn | 5.98 Bn | - | 1.47 Bn |
| 2 | PayPal Holdings | 45.28 Bn | 3.51 Bn | - | 178.00 Mn |
| 3 | Block | 44.18 Bn | 15.44 Bn | 3.17 Bn | 1.20 Bn |
| 4 | Iren | 31.11 Bn | 18.70 Bn | 103.89 Mn | 317.43 Mn |
| 5 | Corpay | 25.52 Bn | 15.72 Bn | - | 2.92 Bn |
| 6 | Fiserv | 24.03 Bn | 20.73 Bn | 2.90 Bn | - |
| 7 | Global Payments | 21.72 Bn | 155.29 Mn | 2.03 Bn | 19.41 Bn |
| 8 | Bitmine Immersion Technologies | 15.32 Bn | 12.70 Bn | 40.81 Mn | 10.87 Bn |
| 9 | Guidewire Software | 11.69 Bn | 8.26 Bn | 269.68 Mn | 16.41 Mn |
| 10 | Flywire | 2.13 Bn | 776.55 Mn | - | 177.74 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 177.74 Mn |
| Mar 31, 2026 | 183.15 Mn |
| Dec 31, 2025 | 189.05 Mn |
| Sep 30, 2025 | 194.20 Mn |
| Jun 30, 2025 | 199.59 Mn |
| Mar 31, 2025 | 202.01 Mn |
| Dec 31, 2024 | 118.68 Mn |
| Sep 30, 2024 | 126.97 Mn |
| Jun 30, 2024 | 101.30 Mn |
| Mar 31, 2024 | 103.42 Mn |
| Dec 31, 2023 | 108.18 Mn |
| Sep 30, 2023 | 88.29 Mn |
| Jun 30, 2023 | 92.52 Mn |
| Mar 31, 2023 | 95.08 Mn |
| Dec 31, 2022 | 97.62 Mn |
| Sep 30, 2022 | 97.15 Mn |
| Jun 30, 2022 | 86.08 Mn |
| Mar 31, 2022 | 90.54 Mn |
| Dec 31, 2021 | 93.60 Mn |
| Sep 30, 2021 | 63.38 Mn |
API Access
Flywire Intangibles 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=intangibles&ticker=FLYW&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "intangibles", "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=intangibles&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();