FLYW Stock — Flywire Corporation

Flywire Corporation (FLYW)

Updated October 16, 2026.

FLYW is a Stock. Total return is -47.4% over the past 5.4 years, 143.4 points behind SPY at 96.0%.

Flywire Corporation is a Boston-based payment enablement and software company that provides a digital payment platform serving education, healthcare, travel, and B2B industries across the United States, Europe, the Middle East, Africa, and Asia Pacific. The platform integrates into existing workflows and offers tailored invoicing, settlement tools, recurring payments, and access to diverse payment methods including banks, digital wallets, and alternative providers like Alipay and Boleto. The company does not currently distribute dividends, making it suitable primarily for growth-oriented investors rather than those seeking regular income.

FLYW performance versus SPY

Price and return data through 2026-10-16.

Total return is -47.4% over the past 5.4 years, 143.4 points behind SPY at 96.0%. Over the past year its total return — price change plus distributions reinvested — is 44.8%. Its deepest 1-year drawdown was 28.2%.

FLYW key facts

Asset type

Stock

Asset class

Equity

Inception date

05/26/2021

Distribution frequency

None

Last close

$18.47 (as of 2026-10-16)

Market cap

$2,247,201,939

Average volume

1288163.0

Beta

1.35

Payout ratio

0.0%

P/E ratio

71.04

Forward P/E

18.9394

EPS

$0.26

How Dividend Vision calculates yield and returns

Distribution rate (the posted rate) uses calculation basis unavailable. Issuer rates can use a different denominator and date, including ex-date NAV. Trailing-12-month yield is the sum of split-adjusted cash distributions with ex-dates in the last 12 months, divided by the published price. It lags a recent raise or cut. Total return uses split-adjusted close with distributions reinvested on the ex-dividend date (a modeling convention, not the cash-settlement date) from the first stored bar on or after inception through the latest bar, compared with the same window on the benchmark. That is the security's total return, not your personal gain/loss.

Yield and safety methodology · Distribution rate methodology · Distribution Safety Score methodology

Sources and review

Primary sources: prices and distributions from Dividend Vision, derived from vendor EOD data.

Reviewed by Bert Sweet, CEO and Co-owner of Dividend Vision. Methodology: Distribution Safety Score.

FLYW risks and drawbacks

Total return has trailed SPY over the available window. The deepest 1-year drawdown on record here is 28.2%.

Who may consider FLYW — and who may not

It is a weaker fit for investors who need monthly cash flow (FLYW does not currently distribute); investors whose main goal is matching SPY total return. This is educational context, not a recommendation to buy or sell.

More on FLYW

• All tickers starting with F

Tagged: Technology.

Frequently asked questions