What is the 13F Pro Quality Score for FLYW?

13F Pro ranks Flywire Corp (FLYW) on the 13F Pro Quality Score, a 0–100 composite of 32 fundamental signals including return on invested capital, free cash flow consistency, balance-sheet strength, earnings quality, growth durability, and valuation discipline. The score refreshes after each 10-K and 10-Q filing on SEC EDGAR. View FLYW's current score at https://13fpro.ai/company/FLYW (free sign-up required for the full ranking).

Which hedge funds own the most FLYW stock?

Based on the most recent Form 13F-HR filings on SEC EDGAR, the largest reported institutional holders of FLYW include Voss Capital,, BlackRock,, Divisadero Street Capital Management,. Holdings are reported quarterly within 45 days of quarter-end and updated on https://13fpro.ai/company/FLYW as soon as new 13F filings post.

Where does 13F Pro source FLYW data?

All Flywire Corp fundamentals and ownership data come directly from SEC EDGAR. Flywire Corp files with the SEC under CIK 1580560. 13F Pro ingests XBRL financial facts from 10-K and 10-Q filings, Form 13F-HR institutional holdings, and Form 4 insider transactions, with no third-party rewrites or estimates.

What sector is FLYW in?

Flywire Corp (FLYW) is classified in the Industrials sector. 13F Pro publishes sector-level fund flow analysis and quality leaders at https://13fpro.ai/research/sector/industrials.

What drives FLYW's revenue?

Per Flywire Corp's latest 10-Q filed with the SEC on 2026-08-05, the biggest revenue drivers are: Transaction revenue ($135.9M, +35.1% YoY); Platform and other revenues ($31.8M, +1.7% YoY). Figures are extracted from the filing text and machine-verified against the document. Full breakdown at https://13fpro.ai/company/FLYW.

What are FLYW's largest expenses?

Flywire Corp's latest 10-Q reports these as the largest expense items: Payment processing services costs ($74.7M, +38.6% YoY); Selling and marketing ($38.9M, +1.3% YoY); General and administrative ($38.5M, +27.5% YoY). Sourced directly from SEC EDGAR filing text for Q2 FY2026 (quarter ended June 30, 2026).

How often is FLYW research updated on 13F Pro?

FLYW's fundamentals refresh within hours of each new 10-K or 10-Q filing on SEC EDGAR. Institutional ownership updates after each quarterly 13F filing window. Insider transactions update after each Form 4 filing. The 13F Pro Quality Score recalculates after every fundamentals refresh.

Flywire Corp(FLYW)Stock Analysis

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13F Pro Quality Score

66.9/100

Rank #392 of 2,961 stocksTOP 25%

View Industrials peers →

Rankings refresh quarterly once 80% of peers have filed (~45 days after quarter-end). Next update: ~Nov 14, 2026.

Revenue Growth

87.5/100

Profitability

58.3/100

Balance Sheet

59.5/100

Earnings Quality

90.5/100

Free Cash Flow

76.8/100

Institutional Flow

89.8/100

Revenue Scale

43.3/100

Dilution Risk

14.8/100

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Why FLYW Scores 67/100

exact factor attribution · 2026-09-11

FLYW's composite is driven by revenue growth and earnings quality, held back by shareholder dilution and scale. Bars show each factor's exact push vs. a median company, using the same weights the ranking engine applies.

Revenue growth

+7.5 pts

88th pct

Earnings quality

+4.0 pts

91th pct

Free cash flow

+4.0 pts

77th pct

Institutional flow

+2.0 pts

90th pct

Profitability

+1.2 pts

58th pct

Capital efficiency

+0.9 pts

60th pct

Earnings growth

-0.1 pts

49th pct

Scale

-1.0 pts

43th pct

Shareholder dilution

-1.8 pts

15th pct

Latest change (2026-08-05): 56 → 55 · ↓ Free cash flow 68→37; ↓ Revenue growth 85→72; despite ↑ Profit margin 44→67

Factor percentiles are cross-sectional ranks across the ~2,800-stock scored universe, computed from SEC EDGAR filings. Not investment advice.

FLYW Stock Analysis & AI Quality Score

Data updated 2026-09-11

AI stock analysis and institutional research for Flywire Corp (FLYW), a Industrials sector company. 13F Pro's AI-powered ranking engine scores FLYW at 66.9/100 on a 32-signal composite quality model, placing it at rank #392 of 2,961 stocks — the top 25% of the AI-ranked universe. FLYW scores in the top quartile across earnings quality (90.5), institutional flow (89.8), revenue growth (87.5). Shareholder dilution risk is elevated at 14.8/100, reflecting ongoing share issuance or stock-based compensation. Based on the latest XBRL financial filings (Q2 2026), Flywire Corp reports quarterly revenue of $167.7M, net income of $-8.1M, free cash flow of $20.8M. Top institutional holders of FLYW by reported 13-F value include Voss Capital, BlackRock, Divisadero Street Capital Management, based on the most recent SEC filings. FLYW trades on the Nasdaq exchange and files with the SEC under CIK 1580560. 13F Pro's AI research platform runs 10 specialized AI analysts — value, growth, momentum, macro, and activist specialists — that debate FLYW daily and publish AI-generated analysis with cited SEC sources. The platform aggregates historical XBRL financial facts, 10-Q and 10-K filings, insider Form 4 transactions, and institutional 13-F holdings for Flywire Corp directly from SEC EDGAR. Flywire Corp's 13F Pro composite quality score has ranged between 37 and 69 since 2022, currently 66.9 — an improving long-term trajectory across 64 quarterly and live scoring snapshots.

✦

Fun facts about Flywire Corp

Quirks, history, and lore behind FLYW — the kind of stuff that makes a stock memorable.

1
The Basics
U.S. software and payments company · listed on Nasdaq · headquartered in Boston, Massachusetts · operates across multiple countries.
2
The Numbers
Annual revenue in the low hundreds of millions of dollars, with a client base spanning thousands of organizations across healthcare, education, and travel.
3
The History
Founded in the 2010s, it went public around 2021 and built its platform specifically to solve the headache of complex, high-value cross-border payments.
4
The Secret
It doesn't just move money — it handles the entire payment experience, including currency conversion, compliance, and payer communication, all in one workflow.
5
The Lore
Its sweet spot is tuition payments from international students — a market where wiring money overseas through a bank is slow, opaque, and expensive.
6
The Giveaway
Think global tuition bills, hospital invoices, and travel bookings — this company's name literally evokes money taking flight across borders.

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What's Driving FLYW's Business? Latest 10-Q Breakdown

✓ 30/30 datapoints verified

AI-extracted from Flywire Corp's 10-Q filed 2026-08-05 — Q2 FY2026 (quarter ended June 30, 2026). Every figure is machine-verified against the filing text on SEC EDGAR.

Flywire's Q2 FY2026 revenue grew 27.2% YoY to $167.7M on 43.1% transaction payment volume growth, but gross margin compressed to 53.4% from 57.0% as lower-margin payment processing mix expanded.

Biggest Revenue Drivers

Transaction revenue$135.9M+35.1% YoY

Growth in transaction payment volumes from existing and new clients; transaction payment volume rose 43.1% to $7.1B

Platform and other revenues$31.8M+1.7% YoY

Increased utilization in healthcare and SFS platform products, offset by the insurance business

Biggest Revenue Drivers

Total revenue: $167.7M+27.2% YoY

Transaction revenue$135.9M+35.1% YoY

Growth in transaction payment volumes from existing and new clients; transaction payment volume rose 43.1% to $7.1B

Platform and other revenues$31.8M+1.7% YoY

Increased utilization in healthcare and SFS platform products, offset by the insurance business

Largest Expense Items

Payment processing services costs$74.7M+38.6% YoY

Correlated with 43.1% transaction payment volume growth and business mix shifts toward higher-cost payment processing capabilities

Selling and marketing$38.9M+1.3% YoY

Higher stock-based compensation and personnel costs, offset by lower engineering tools and professional fees

General and administrative$38.5M+27.5% YoY

Higher engineering tools, professional fees, net hedging activity losses, and personnel costs

Technology and development$18.4M+7.6% YoY

Higher personnel costs from increased headcount, partially offset by lower stock-based compensation and software tools

Margins: Gross margin fell to 53.4% from 57.0% YoY (Adjusted Gross Margin 56.6% vs 61.1%) as growing domestic transactions, credit card usage, and expansion of lower-margin payment processing capabilities in healthcare, travel and B2B pressured margins, partially offset by payment cost optimization.

Watch Items from the Filing

Payment partner concentration: Partner B represented 47% of funds receivable from payment partners as of June 30, 2026, up from 25% at December 31, 2025.
Securities class action (Hickman v. Flywire) alleges overstated revenue growth and understated visa-policy impacts; company filed a motion to dismiss June 15, 2026 but cannot estimate potential exposure.
Company made voluntary OFAC disclosures after internal review found possible sanctions compliance issues, including payments potentially from sanctioned jurisdictions; management believes any loss would not be material.
Tightening student visa policies in Australia, Canada, the U.K., and new U.S. H-1B fees ($100,000 per petition) are cited as ongoing headwinds to the education vertical and hiring costs.
Total payment volume grew 38.2% YoY to $8.2B and annual net dollar-based retention was approximately 110% for FY2025, indicating strong existing-client expansion.

AI-extracted and verified against SEC EDGAR filing text. Not investment advice.

Read the full 10-Q on SEC EDGAR →Share on X

Revenue

Q2 2026

$167.7M

Net Income

Q2 2026

$-8.1M

Free Cash Flow

Q2 2026

$20.8M

ROIC

Q2 2026

-1.4%

Period

Revenue & Net Income

Earnings Per Share

Key Financials Over Time

Export Financial Table · Pro

Revenue

+26.6% YoY

$623.0MFY 2025

FY22 $289.4MFY23 $403.1MFY24 $492.1MFY25 $623.0M

Net Income

+365.4% YoY

$13.5MFY 2025

FY22 $-39.3MFY23 $-8.6MFY24 $2.9MFY25 $13.5M

Operating Income

+255.7% YoY

$11.3MFY 2025

FY22 $-30.2MFY23 $-21.5MFY24 $-7.3MFY25 $11.3M

EPS (Diluted)

+450.0% YoY

$0.11FY 2025

FY22 $-0.36FY23 $-0.07FY24 $0.02FY25 $0.11

Total Assets

+11.7% YoY

$1.25BFY 2025

FY22 $674.3MFY23 $1.08BFY24 $1.12BFY25 $1.25B

Total Debt

—FY 2025

FY22 $0.00FY23 —FY24 $0.00FY25 —

Op. Cash Flow

+1.5% YoY

$100.2MFY 2025

FY22 $5.4MFY23 $76.3MFY24 $98.7MFY25 $100.2M

Free Cash Flow

+1.1% YoY

$98.8MFY 2025

FY22 $4.1MFY23 $75.3MFY24 $97.7MFY25 $98.8M

Metric	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Revenue	$623.0M +26.6%	$492.1M +22.1%	$403.1M +39.3%	$289.4M +43.9%	$201.1M +52.6%	$131.8M
Net Income	$13.5M +365.4%	$2.9M +133.9%	$-8.6M +78.2%	$-39.3M -40.1%	$-28.1M -152.9%	$-11.1M
Operating Income	$11.3M +255.7%	$-7.3M +66.3%	$-21.5M +28.8%	$-30.2M -128.0%	$-13.3M +16.2%	$-15.8M
EPS (Diluted)	$0.11 +450.0%	$0.02 +128.6%	$-0.07 +80.6%	$-0.36 +7.7%	$-0.39 -225.0%	$-0.12
Total Assets	$1.25B +11.7%	$1.12B +4.0%	$1.08B +60.1%	$674.3M +5.4%	$639.8M +135.7%	$271.4M
Total Debt	—	$0.00	—	$0.00 -100.0%	$25.9M +6.5%	$24.4M
Operating Cash Flow	$100.2M +1.5%	$98.7M +29.2%	$76.3M +1306.8%	$5.4M -68.3%	$17.1M +220.4%	$-14.2M
Free Cash Flow	$98.8M +1.1%	$97.7M +29.7%	$75.3M +1749.2%	$4.1M -74.7%	$16.1M +198.3%	$-16.4M

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Available Research

13F Pro tracks comprehensive data for Flywire Corp including:

SEC EDGAR filings (10-K, 10-Q, 8-K)

XBRL financial facts (revenue, EPS, margins)

Insider transactions (Form 4)

Institutional 13F holdings

Quality rankings (32 signals)

AI analyst debates & daily meetings

Historical financial trends

Peer comparison & sector analysis

Top Institutional Holders of FLYW

Voss Capital, LP
$239.5M13,629,500 sh
BlackRock, Inc.
$160.7M9,144,416 sh
Divisadero Street Capital Management, LP
$116.7M6,644,513 sh
Temasek Holdings (Private) Ltd
$108.5M6,173,385 sh
CADIAN CAPITAL MANAGEMENT, LP
$100.9M5,744,166 sh
WELLINGTON MANAGEMENT GROUP LLP
$93.8M5,340,579 sh
JENNISON ASSOCIATES LLC
$92.6M5,272,962 sh
VANGUARD PORTFOLIO MANAGEMENT LLC
$87.3M4,966,384 sh
VANGUARD CAPITAL MANAGEMENT LLC
$87.2M4,960,457 sh
DRIEHAUS CAPITAL MANAGEMENT LLC
$79.2M4,506,928 sh

Fund	Value	Shares
Voss Capital, LP	$239.5M	13,629,500
BlackRock, Inc.	$160.7M	9,144,416
Divisadero Street Capital Management, LP	$116.7M	6,644,513
Temasek Holdings (Private) Ltd	$108.5M	6,173,385
CADIAN CAPITAL MANAGEMENT, LP	$100.9M	5,744,166
WELLINGTON MANAGEMENT GROUP LLP	$93.8M	5,340,579
JENNISON ASSOCIATES LLC	$92.6M	5,272,962
VANGUARD PORTFOLIO MANAGEMENT LLC	$87.3M	4,966,384
VANGUARD CAPITAL MANAGEMENT LLC	$87.2M	4,960,457
DRIEHAUS CAPITAL MANAGEMENT LLC	$79.2M	4,506,928

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Is FLYW a good stock to buy?

13F Pro's AI-powered analysis of Flywire Corp (FLYW) draws on SEC EDGAR-sourced fundamentals, institutional 13F holdings, and insider Form 4 transactions in the Industrials sector (listed on Nasdaq). The 32-signal AI Quality Score, current rank, and full bull/bear verdict for FLYW are available on the FLYW stock profile dashboard — with the same data, AI insights, ratios, and institutional activity refreshed after every 10-K, 10-Q, 13F, and Form 4 filing. FLYW is classified as a small company.

Which hedge funds own FLYW?

Institutional investors are required to disclose their holdings quarterly via SEC Form 13F. 13F Pro aggregates these filings to show which hedge funds, mutual funds, and asset managers are buying or selling FLYW. Combined with insider transaction data from Form 4 filings and AI-powered analysis from 10 specialized research agents, 13F Pro provides a comprehensive view of Flywire Corp's investment landscape.