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Side-by-side financial comparison of Flywire Corp (FLYW) and OneStream, Inc. (OS). Click either name above to swap in a different company.

OneStream, Inc. is the larger business by last-quarter revenue ($163.7M vs $157.5M, roughly 1.0× Flywire Corp). OneStream, Inc. runs the higher net margin — 0.6% vs 0.0%, a 0.6% gap on every dollar of revenue. On growth, Flywire Corp posted the faster year-over-year revenue change (34.0% vs 23.6%). OneStream, Inc. produced more free cash flow last quarter ($25.6M vs $4.5M). Over the past eight quarters, OneStream, Inc.'s revenue compounded faster (21.8% CAGR vs 17.5%).

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.

Blue Stream provides cable television, cable telephone, DVR, and up to 1 GIG Internet speed broadband services to customers in the Florida communities of Coral Springs and Weston.

FLYW vs OS — Head-to-Head

Bigger by revenue
OS
OS
1.0× larger
OS
$163.7M
$157.5M
FLYW
Growing faster (revenue YoY)
FLYW
FLYW
+10.4% gap
FLYW
34.0%
23.6%
OS
Higher net margin
OS
OS
0.6% more per $
OS
0.6%
0.0%
FLYW
More free cash flow
OS
OS
$21.2M more FCF
OS
$25.6M
$4.5M
FLYW
Faster 2-yr revenue CAGR
OS
OS
Annualised
OS
21.8%
17.5%
FLYW

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
FLYW
FLYW
OS
OS
Revenue
$157.5M
$163.7M
Net Profit
$33.0K
$999.0K
Gross Margin
69.8%
Operating Margin
-0.6%
-3.2%
Net Margin
0.0%
0.6%
Revenue YoY
34.0%
23.6%
Net Profit YoY
100.2%
EPS (diluted)
$0.01

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
OS
OS
Q4 25
$157.5M
$163.7M
Q3 25
$200.1M
$154.3M
Q2 25
$131.9M
$147.6M
Q1 25
$133.5M
$136.3M
Q4 24
$117.5M
$132.5M
Q3 24
$156.8M
$129.1M
Q2 24
$103.7M
$117.5M
Q1 24
$114.1M
$110.3M
Net Profit
FLYW
FLYW
OS
OS
Q4 25
$33.0K
$999.0K
Q3 25
$29.6M
$-8.8M
Q2 25
$-12.0M
$-18.4M
Q1 25
$-4.2M
$-24.0M
Q4 24
$-15.9M
Q3 24
$38.9M
$-171.9M
Q2 24
$-13.9M
$-7.8M
Q1 24
$-6.2M
$-5.0M
Gross Margin
FLYW
FLYW
OS
OS
Q4 25
69.8%
Q3 25
68.1%
Q2 25
68.6%
Q1 25
68.0%
Q4 24
66.8%
Q3 24
50.1%
Q2 24
68.5%
Q1 24
69.1%
Operating Margin
FLYW
FLYW
OS
OS
Q4 25
-0.6%
-3.2%
Q3 25
16.1%
-11.3%
Q2 25
-6.8%
-21.8%
Q1 25
-8.2%
-29.3%
Q4 24
-4.9%
-35.8%
Q3 24
12.9%
-197.6%
Q2 24
-15.2%
-9.8%
Q1 24
-5.2%
-4.9%
Net Margin
FLYW
FLYW
OS
OS
Q4 25
0.0%
0.6%
Q3 25
14.8%
-5.7%
Q2 25
-9.1%
-12.5%
Q1 25
-3.1%
-17.6%
Q4 24
-13.5%
Q3 24
24.8%
-133.1%
Q2 24
-13.4%
-6.7%
Q1 24
-5.4%
-4.5%
EPS (diluted)
FLYW
FLYW
OS
OS
Q4 25
$0.01
Q3 25
$0.23
Q2 25
$-0.10
Q1 25
$-0.03
Q4 24
$-0.12
Q3 24
$0.30
$-1.06
Q2 24
$-0.11
Q1 24
$-0.05

Balance Sheet & Financial Strength

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

Metric
FLYW
FLYW
OS
OS
Cash + ST InvestmentsLiquidity on hand
$355.0M
$693.6M
Total DebtLower is stronger
Stockholders' EquityBook value
$835.2M
$504.7M
Total Assets
$1.3B
$1.0B
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
FLYW
FLYW
OS
OS
Q4 25
$355.0M
$693.6M
Q3 25
$377.3M
$653.9M
Q2 25
$274.2M
$652.1M
Q1 25
$255.3M
$593.9M
Q4 24
$611.1M
$544.2M
Q3 24
$681.1M
$495.5M
Q2 24
$571.0M
$140.5M
Q1 24
$619.0M
Total Debt
FLYW
FLYW
OS
OS
Q4 25
Q3 25
$15.0M
Q2 25
$60.0M
Q1 25
$60.0M
Q4 24
$0
Q3 24
Q2 24
Q1 24
Stockholders' Equity
FLYW
FLYW
OS
OS
Q4 25
$835.2M
$504.7M
Q3 25
$829.1M
$472.1M
Q2 25
$792.4M
$458.2M
Q1 25
$784.3M
$412.9M
Q4 24
$814.8M
$386.2M
Q3 24
$843.2M
$458.2M
Q2 24
$802.6M
$97.5M
Q1 24
$-797.0M
$102.5M
Total Assets
FLYW
FLYW
OS
OS
Q4 25
$1.3B
$1.0B
Q3 25
$1.3B
$949.4M
Q2 25
$1.1B
$910.5M
Q1 25
$1.1B
$867.3M
Q4 24
$1.1B
$823.2M
Q3 24
$1.2B
$750.1M
Q2 24
$998.7M
$379.7M
Q1 24
$998.7M
Debt / Equity
FLYW
FLYW
OS
OS
Q4 25
Q3 25
0.02×
Q2 25
0.08×
Q1 25
0.08×
Q4 24
0.00×
Q3 24
Q2 24
Q1 24

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
OS
OS
Operating Cash FlowLast quarter
$4.9M
$25.8M
Free Cash FlowOCF − Capex
$4.5M
$25.6M
FCF MarginFCF / Revenue
2.9%
15.7%
Capex IntensityCapex / Revenue
0.2%
0.1%
Cash ConversionOCF / Net Profit
148.06×
25.79×
TTM Free Cash FlowTrailing 4 quarters
$98.8M
$95.6M

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
FLYW
FLYW
OS
OS
Q4 25
$4.9M
$25.8M
Q3 25
$150.1M
$5.0M
Q2 25
$24.1M
$29.7M
Q1 25
$-78.9M
$36.2M
Q4 24
$-28.6M
Q3 24
$184.6M
$2.4M
Q2 24
$-19.3M
$8.1M
Q1 24
$-38.1M
$25.5M
Free Cash Flow
FLYW
FLYW
OS
OS
Q4 25
$4.5M
$25.6M
Q3 25
$149.9M
$4.8M
Q2 25
$23.5M
$29.4M
Q1 25
$-79.1M
$35.8M
Q4 24
$-28.7M
Q3 24
$184.4M
$1.3M
Q2 24
$-19.7M
$7.7M
Q1 24
$-38.3M
$24.9M
FCF Margin
FLYW
FLYW
OS
OS
Q4 25
2.9%
15.7%
Q3 25
74.9%
3.1%
Q2 25
17.8%
19.9%
Q1 25
-59.3%
26.3%
Q4 24
-24.4%
Q3 24
117.6%
1.0%
Q2 24
-19.0%
6.6%
Q1 24
-33.6%
22.5%
Capex Intensity
FLYW
FLYW
OS
OS
Q4 25
0.2%
0.1%
Q3 25
0.1%
0.1%
Q2 25
0.4%
0.2%
Q1 25
0.1%
0.3%
Q4 24
0.1%
Q3 24
0.1%
0.8%
Q2 24
0.3%
0.3%
Q1 24
0.2%
0.6%
Cash Conversion
FLYW
FLYW
OS
OS
Q4 25
148.06×
25.79×
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%

OS
OS

Subscription And Circulation$150.3M92%
Professional Services And Other$9.4M6%
License$4.0M2%

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