Flywire (FLYW) Price to Sales (2021 - 2026)
Flywire's Price to Sales was 2.99 in Q2 2026, up 14.8% from 2.61 a year earlier and up 43.5% from the prior quarter.
Analysis
Flywire (FLYW) Price to Sales (2021 - 2026) Analysis & Trends
For FY2025, Price to Sales at Flywire came in at 2.73, down 46.7% from FY2024.
- Price to Sales has now declined for four consecutive years.
- In earlier years, Price to Sales was 5.12 in FY2024 (-26.1%), 6.93 in FY2023 (-23.7%), 9.09 in FY2022 (-32.5%) and 13.47 in FY2021.
- The Q2 2026 figure marks the highest quarterly Price to Sales since Q4 2024.
- Compared with a year earlier, Price to Sales was higher in 1 of the last eight quarters, with an average decline of 33.6%.
- The best year-over-year quarter for Price to Sales over five years was Q2 2023 (growth of 31.3%); the worst was Q1 2025 (a decline of 68.9%).
- Per Business Quant data, FLYW's Price to Sales in the three quarters before Q2 2026 was 2.09 (Q1 2026), 2.73 (Q4 2025) and 2.79 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Coinbase Global | 48.27 Bn | 5.08 Bn | - |
| 2 | PayPal Holdings | 45.51 Bn | 3.74 Bn | - |
| 3 | Block | 44.67 Bn | 15.93 Bn | 3.17 Bn |
| 4 | Iren | 31.78 Bn | 19.37 Bn | 103.89 Mn |
| 5 | Corpay | 25.91 Bn | 16.11 Bn | - |
| 6 | Fiserv | 23.59 Bn | 20.29 Bn | 2.90 Bn |
| 7 | Global Payments | 20.83 Bn | -735.18 Mn | 2.03 Bn |
| 8 | Bitmine Immersion Technologies | 15.23 Bn | 12.61 Bn | 40.81 Mn |
| 9 | Guidewire Software | 12.47 Bn | 9.03 Bn | 269.68 Mn |
| 10 | Flywire | 2.14 Bn | 786.28 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 2.99 |
| Mar 31, 2026 | 2.09 |
| Dec 31, 2025 | 2.73 |
| Sep 30, 2025 | 2.79 |
| Jun 30, 2025 | 2.61 |
| Mar 31, 2025 | 2.23 |
| Dec 31, 2024 | 5.12 |
| Sep 30, 2024 | 4.23 |
| Jun 30, 2024 | 4.57 |
| Mar 31, 2024 | 7.17 |
| Dec 31, 2023 | 6.93 |
| Sep 30, 2023 | 10.14 |
| Jun 30, 2023 | 9.82 |
| Mar 31, 2023 | 10.00 |
| Dec 31, 2022 | 9.09 |
| Sep 30, 2022 | 8.94 |
| Jun 30, 2022 | 7.48 |
| Mar 31, 2022 | 14.01 |
| Dec 31, 2021 | 13.47 |
| Sep 30, 2021 | 23.64 |
API Access
Flywire Price to Sales 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=price-to-sales&ticker=FLYW&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "price-to-sales", "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=price-to-sales&ticker=FLYW&period=max&api_key=YOUR_API_KEY");
const data = await res.json();