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Side-by-side financial comparison of Flywire Corp (FLYW) and METHODE ELECTRONICS INC (MEI). Click either name above to swap in a different company.

METHODE ELECTRONICS INC is the larger business by last-quarter revenue ($246.9M vs $157.5M, roughly 1.6× Flywire Corp). Flywire Corp runs the higher net margin — 0.0% vs -4.0%, a 4.0% gap on every dollar of revenue. On growth, Flywire Corp posted the faster year-over-year revenue change (34.0% vs -15.6%). Flywire Corp produced more free cash flow last quarter ($4.5M vs $-11.6M). Over the past eight quarters, Flywire Corp's revenue compounded faster (17.5% CAGR vs -2.5%).

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.

Methode Electronics is an American multinational company headquartered in Chicago, Illinois, with engineering, manufacturing and sales operations in more than 35 locations in 14 countries. The company employs around 6,500 people worldwide.

FLYW vs MEI — Head-to-Head

Bigger by revenue
MEI
MEI
1.6× larger
MEI
$246.9M
$157.5M
FLYW
Growing faster (revenue YoY)
FLYW
FLYW
+49.6% gap
FLYW
34.0%
-15.6%
MEI
Higher net margin
FLYW
FLYW
4.0% more per $
FLYW
0.0%
-4.0%
MEI
More free cash flow
FLYW
FLYW
$16.1M more FCF
FLYW
$4.5M
$-11.6M
MEI
Faster 2-yr revenue CAGR
FLYW
FLYW
Annualised
FLYW
17.5%
-2.5%
MEI

Income Statement — Q4 FY2025 vs Q2 FY2026

Metric
FLYW
FLYW
MEI
MEI
Revenue
$157.5M
$246.9M
Net Profit
$33.0K
$-9.9M
Gross Margin
19.3%
Operating Margin
-0.6%
1.2%
Net Margin
0.0%
-4.0%
Revenue YoY
34.0%
-15.6%
Net Profit YoY
100.2%
-518.8%
EPS (diluted)
$0.01
$-0.28

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.

Revenue
FLYW
FLYW
MEI
MEI
Q4 25
$157.5M
$246.9M
Q3 25
$200.1M
$240.5M
Q2 25
$131.9M
$257.1M
Q1 25
$133.5M
$239.9M
Q4 24
$117.5M
$292.6M
Q3 24
$156.8M
$258.5M
Q2 24
$103.7M
$277.3M
Q1 24
$114.1M
$259.5M
Net Profit
FLYW
FLYW
MEI
MEI
Q4 25
$33.0K
$-9.9M
Q3 25
$29.6M
$-10.3M
Q2 25
$-12.0M
$-28.3M
Q1 25
$-4.2M
$-14.4M
Q4 24
$-15.9M
$-1.6M
Q3 24
$38.9M
$-18.3M
Q2 24
$-13.9M
$-57.3M
Q1 24
$-6.2M
$-11.6M
Gross Margin
FLYW
FLYW
MEI
MEI
Q4 25
19.3%
Q3 25
18.1%
Q2 25
7.6%
Q1 25
17.2%
Q4 24
19.8%
Q3 24
17.3%
Q2 24
12.8%
Q1 24
14.3%
Operating Margin
FLYW
FLYW
MEI
MEI
Q4 25
-0.6%
1.2%
Q3 25
16.1%
0.5%
Q2 25
-6.8%
-9.2%
Q1 25
-8.2%
-0.9%
Q4 24
-4.9%
3.2%
Q3 24
12.9%
-2.9%
Q2 24
-15.2%
-22.2%
Q1 24
-5.2%
-1.2%
Net Margin
FLYW
FLYW
MEI
MEI
Q4 25
0.0%
-4.0%
Q3 25
14.8%
-4.3%
Q2 25
-9.1%
-11.0%
Q1 25
-3.1%
-6.0%
Q4 24
-13.5%
-0.5%
Q3 24
24.8%
-7.1%
Q2 24
-13.4%
-20.7%
Q1 24
-5.4%
-4.5%
EPS (diluted)
FLYW
FLYW
MEI
MEI
Q4 25
$0.01
$-0.28
Q3 25
$0.23
$-0.29
Q2 25
$-0.10
$-0.79
Q1 25
$-0.03
$-0.41
Q4 24
$-0.12
$-0.05
Q3 24
$0.30
$-0.52
Q2 24
$-0.11
$-1.62
Q1 24
$-0.05
$-0.33

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
FLYW
FLYW
MEI
MEI
Cash + ST InvestmentsLiquidity on hand
$355.0M
$118.5M
Total DebtLower is stronger
$332.5M
Stockholders' EquityBook value
$835.2M
$679.3M
Total Assets
$1.3B
$1.3B
Debt / EquityLower = less leverage
0.49×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLYW
FLYW
MEI
MEI
Q4 25
$355.0M
$118.5M
Q3 25
$377.3M
$121.1M
Q2 25
$274.2M
$103.6M
Q1 25
$255.3M
$103.8M
Q4 24
$611.1M
$97.0M
Q3 24
$681.1M
$111.3M
Q2 24
$571.0M
$161.5M
Q1 24
$619.0M
$122.9M
Total Debt
FLYW
FLYW
MEI
MEI
Q4 25
$332.5M
Q3 25
$15.0M
$323.4M
Q2 25
$60.0M
$317.6M
Q1 25
$60.0M
$327.9M
Q4 24
$0
$340.6M
Q3 24
$296.0M
Q2 24
$330.9M
Q1 24
$331.3M
Stockholders' Equity
FLYW
FLYW
MEI
MEI
Q4 25
$835.2M
$679.3M
Q3 25
$829.1M
$688.1M
Q2 25
$792.4M
$693.3M
Q1 25
$784.3M
$704.3M
Q4 24
$814.8M
$738.3M
Q3 24
$843.2M
$744.4M
Q2 24
$802.6M
$766.0M
Q1 24
$-797.0M
$835.0M
Total Assets
FLYW
FLYW
MEI
MEI
Q4 25
$1.3B
$1.3B
Q3 25
$1.3B
$1.3B
Q2 25
$1.1B
$1.3B
Q1 25
$1.1B
$1.3B
Q4 24
$1.1B
$1.4B
Q3 24
$1.2B
$1.4B
Q2 24
$998.7M
$1.4B
Q1 24
$998.7M
$1.5B
Debt / Equity
FLYW
FLYW
MEI
MEI
Q4 25
0.49×
Q3 25
0.02×
0.47×
Q2 25
0.08×
0.46×
Q1 25
0.08×
0.47×
Q4 24
0.00×
0.46×
Q3 24
0.40×
Q2 24
0.43×
Q1 24
0.40×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
FLYW
FLYW
MEI
MEI
Operating Cash FlowLast quarter
$4.9M
$-7.4M
Free Cash FlowOCF − Capex
$4.5M
$-11.6M
FCF MarginFCF / Revenue
2.9%
-4.7%
Capex IntensityCapex / Revenue
0.2%
1.7%
Cash ConversionOCF / Net Profit
148.06×
TTM Free Cash FlowTrailing 4 quarters
$98.8M
$52.3M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLYW
FLYW
MEI
MEI
Q4 25
$4.9M
$-7.4M
Q3 25
$150.1M
$25.1M
Q2 25
$24.1M
$35.4M
Q1 25
$-78.9M
$28.1M
Q4 24
$-28.6M
$-48.0M
Q3 24
$184.6M
$10.9M
Q2 24
$-19.3M
$24.9M
Q1 24
$-38.1M
$28.8M
Free Cash Flow
FLYW
FLYW
MEI
MEI
Q4 25
$4.5M
$-11.6M
Q3 25
$149.9M
$18.0M
Q2 25
$23.5M
$26.3M
Q1 25
$-79.1M
$19.6M
Q4 24
$-28.7M
$-58.4M
Q3 24
$184.4M
$-2.7M
Q2 24
$-19.7M
$15.8M
Q1 24
$-38.3M
$12.2M
FCF Margin
FLYW
FLYW
MEI
MEI
Q4 25
2.9%
-4.7%
Q3 25
74.9%
7.5%
Q2 25
17.8%
10.2%
Q1 25
-59.3%
8.2%
Q4 24
-24.4%
-20.0%
Q3 24
117.6%
-1.0%
Q2 24
-19.0%
5.7%
Q1 24
-33.6%
4.7%
Capex Intensity
FLYW
FLYW
MEI
MEI
Q4 25
0.2%
1.7%
Q3 25
0.1%
3.0%
Q2 25
0.4%
3.5%
Q1 25
0.1%
3.5%
Q4 24
0.1%
3.6%
Q3 24
0.1%
5.3%
Q2 24
0.3%
3.3%
Q1 24
0.2%
6.4%
Cash Conversion
FLYW
FLYW
MEI
MEI
Q4 25
148.06×
Q3 25
5.07×
Q2 25
Q1 25
Q4 24
Q3 24
4.75×
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

Revenue Breakdown by Segment

FLYW
FLYW

Transactions$126.4M80%
Platform And Other Revenues$31.1M20%

MEI
MEI

Segment breakdown not available.

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