vs
Side-by-side financial comparison of Flywire Corp (FLYW) and FIRSTSUN CAPITAL BANCORP (FSUN). Click either name above to swap in a different company.
Flywire Corp is the larger business by last-quarter revenue ($157.5M vs $110.0M, roughly 1.4× FIRSTSUN CAPITAL BANCORP). FIRSTSUN CAPITAL BANCORP runs the higher net margin — 19.6% vs 0.0%, a 19.6% gap on every dollar of revenue. Over the past eight quarters, Flywire Corp's revenue compounded faster (17.5% CAGR vs 6.9%).
Flywire Corp is a global payment and receivables solutions provider serving core verticals including education, healthcare, travel, and B2B commerce. It offers secure cross-border payment processing, currency conversion, and workflow tools for organizations and payers worldwide.
FirstSun Capital Bancorp is a U.S.-headquartered financial holding company that offers a comprehensive range of banking and financial services, including commercial and consumer lending, deposit products, wealth management, and treasury solutions. It mainly serves individual customers, small and medium-sized enterprises, and corporate clients across U.S. regional markets.
FLYW vs FSUN — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $157.5M | $110.0M |
| Net Profit | $33.0K | $21.6M |
| Gross Margin | — | — |
| Operating Margin | -0.6% | — |
| Net Margin | 0.0% | 19.6% |
| Revenue YoY | 34.0% | — |
| Net Profit YoY | 100.2% | -8.4% |
| EPS (diluted) | $0.01 | $0.76 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $110.0M | ||
| Q4 25 | $157.5M | $110.2M | ||
| Q3 25 | $200.1M | $107.3M | ||
| Q2 25 | $131.9M | $105.6M | ||
| Q1 25 | $133.5M | $96.2M | ||
| Q4 24 | $117.5M | $98.7M | ||
| Q3 24 | $156.8M | $98.2M | ||
| Q2 24 | $103.7M | $96.2M |
| Q1 26 | — | $21.6M | ||
| Q4 25 | $33.0K | $24.8M | ||
| Q3 25 | $29.6M | $23.2M | ||
| Q2 25 | $-12.0M | $26.4M | ||
| Q1 25 | $-4.2M | $23.6M | ||
| Q4 24 | $-15.9M | $16.4M | ||
| Q3 24 | $38.9M | $22.4M | ||
| Q2 24 | $-13.9M | $24.6M |
| Q1 26 | — | — | ||
| Q4 25 | -0.6% | 29.0% | ||
| Q3 25 | 16.1% | 26.4% | ||
| Q2 25 | -6.8% | 31.2% | ||
| Q1 25 | -8.2% | 30.9% | ||
| Q4 24 | -4.9% | 20.4% | ||
| Q3 24 | 12.9% | 29.1% | ||
| Q2 24 | -15.2% | 32.3% |
| Q1 26 | — | 19.6% | ||
| Q4 25 | 0.0% | 22.5% | ||
| Q3 25 | 14.8% | 21.6% | ||
| Q2 25 | -9.1% | 25.0% | ||
| Q1 25 | -3.1% | 24.5% | ||
| Q4 24 | -13.5% | 16.6% | ||
| Q3 24 | 24.8% | 22.8% | ||
| Q2 24 | -13.4% | 25.5% |
| Q1 26 | — | $0.76 | ||
| Q4 25 | $0.01 | $0.89 | ||
| Q3 25 | $0.23 | $0.82 | ||
| Q2 25 | $-0.10 | $0.93 | ||
| Q1 25 | $-0.03 | $0.83 | ||
| Q4 24 | $-0.12 | $0.57 | ||
| Q3 24 | $0.30 | $0.79 | ||
| Q2 24 | $-0.11 | $0.88 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $355.0M | $413.7M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $835.2M | $1.2B |
| Total Assets | $1.3B | $8.6B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $413.7M | ||
| Q4 25 | $355.0M | $652.6M | ||
| Q3 25 | $377.3M | $659.9M | ||
| Q2 25 | $274.2M | $785.1M | ||
| Q1 25 | $255.3M | $621.4M | ||
| Q4 24 | $611.1M | $615.9M | ||
| Q3 24 | $681.1M | $573.7M | ||
| Q2 24 | $571.0M | $535.8M |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | $15.0M | — | ||
| Q2 25 | $60.0M | — | ||
| Q1 25 | $60.0M | — | ||
| Q4 24 | $0 | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
| Q1 26 | — | $1.2B | ||
| Q4 25 | $835.2M | $1.2B | ||
| Q3 25 | $829.1M | $1.1B | ||
| Q2 25 | $792.4M | $1.1B | ||
| Q1 25 | $784.3M | $1.1B | ||
| Q4 24 | $814.8M | $1.0B | ||
| Q3 24 | $843.2M | $1.0B | ||
| Q2 24 | $802.6M | $996.6M |
| Q1 26 | — | $8.6B | ||
| Q4 25 | $1.3B | $8.5B | ||
| Q3 25 | $1.3B | $8.5B | ||
| Q2 25 | $1.1B | $8.4B | ||
| Q1 25 | $1.1B | $8.2B | ||
| Q4 24 | $1.1B | $8.1B | ||
| Q3 24 | $1.2B | $8.1B | ||
| Q2 24 | $998.7M | $8.0B |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | 0.02× | — | ||
| Q2 25 | 0.08× | — | ||
| Q1 25 | 0.08× | — | ||
| Q4 24 | 0.00× | — | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $4.9M | — |
| Free Cash FlowOCF − Capex | $4.5M | — |
| FCF MarginFCF / Revenue | 2.9% | — |
| Capex IntensityCapex / Revenue | 0.2% | — |
| Cash ConversionOCF / Net Profit | 148.06× | — |
| TTM Free Cash FlowTrailing 4 quarters | $98.8M | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | — | ||
| Q4 25 | $4.9M | $111.5M | ||
| Q3 25 | $150.1M | $49.4M | ||
| Q2 25 | $24.1M | $15.0M | ||
| Q1 25 | $-78.9M | $26.4M | ||
| Q4 24 | $-28.6M | $101.1M | ||
| Q3 24 | $184.6M | $48.1M | ||
| Q2 24 | $-19.3M | $20.9M |
| Q1 26 | — | — | ||
| Q4 25 | $4.5M | $104.0M | ||
| Q3 25 | $149.9M | $47.6M | ||
| Q2 25 | $23.5M | $13.0M | ||
| Q1 25 | $-79.1M | $24.3M | ||
| Q4 24 | $-28.7M | $95.7M | ||
| Q3 24 | $184.4M | $47.1M | ||
| Q2 24 | $-19.7M | $19.9M |
| Q1 26 | — | — | ||
| Q4 25 | 2.9% | 94.3% | ||
| Q3 25 | 74.9% | 44.4% | ||
| Q2 25 | 17.8% | 12.3% | ||
| Q1 25 | -59.3% | 25.3% | ||
| Q4 24 | -24.4% | 97.0% | ||
| Q3 24 | 117.6% | 47.9% | ||
| Q2 24 | -19.0% | 20.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.2% | 6.8% | ||
| Q3 25 | 0.1% | 1.6% | ||
| Q2 25 | 0.4% | 1.9% | ||
| Q1 25 | 0.1% | 2.1% | ||
| Q4 24 | 0.1% | 5.5% | ||
| Q3 24 | 0.1% | 1.1% | ||
| Q2 24 | 0.3% | 1.1% |
| Q1 26 | — | — | ||
| Q4 25 | 148.06× | 4.49× | ||
| Q3 25 | 5.07× | 2.13× | ||
| Q2 25 | — | 0.57× | ||
| Q1 25 | — | 1.12× | ||
| Q4 24 | — | 6.18× | ||
| Q3 24 | 4.75× | 2.15× | ||
| Q2 24 | — | 0.85× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
FLYW
| Transactions | $126.4M | 80% |
| Platform And Other Revenues | $31.1M | 20% |
FSUN
| Net Interest Income | $82.8M | 75% |
| Noninterest Income | $27.2M | 25% |
