FLYW
Flywire Corporation
FLYW offers stronger fundamentals, but that advantage does not outweigh its weaker overall profile.
MSFT
Microsoft Corporation
MSFT has the edge over FLYW overall, supported by lower modeled downside and stronger modeled upside.
FLYW Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Healthy | |
| Strong | |
| Healthy |
FLYW's revenue, profitability, cash flow and balance sheet are all currently healthy.
MSFT Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Healthy | |
| Strong |
MSFT's revenue, profitability, cash flow and balance sheet are all currently healthy.
FLYW PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 34x | $21.47 | — |
| Current | 35x | $21.47 | — |
| Cheap | 68x | $41.45 | +93% |
| Fair | 120x | $73.41 | +242% |
| Expensive | 276x | $168 | +683% |
Historical ranges are pointers, not guarantees.
FLYW has the edge over MSFT in the historical PE scenario, which offers more potential upside but is not a forecast.
MSFT PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Forward | 25x | $523 | — |
| Cheap | 27x | $525 | +0.4% |
| Current | 27x | $523 | — |
| Fair | 34x | $652 | +25% |
| Expensive | 37x | $711 | +36% |
Historical ranges are pointers, not guarantees.
MSFT's PE is in its cheap range at 27x. If earnings grow as analysts expect, today's price would be 25x next year's earnings.
FLYW Forward outlook
| Metric | Outlook |
|---|---|
| Stable | |
| Strong growth | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Moderate |
Analysts expect strong earnings and revenue growth for FLYW, with profitability improving.
MSFT Forward outlook
| Metric | Outlook |
|---|---|
| Improving | |
| Strong growth | |
| Strong growth | |
| Stable | |
| Moderate | |
| High |
Analysts expect strong earnings and revenue growth for MSFT, with profitability holding steady.
FLYW Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $0.64 | +4.4% |
| Q3 2026 | $0.61 | +$0.63 |
| Q2 2026 | $0.27 | +440% |
| Q1 2026 | $0.24 | +500% |
| Q4 2025 | $0.11 | +450% |
| Q3 2025 | -$0.02 | -112% |
| Q2 2025 | $0.05 | +$0.10 |
| Q1 2025 | $0.04 | +$0.13 |
| Q4 2024 | $0.02 | +$0.09 |
FLYW has returned to profit: it earned $0.61 per share over the past year, after losing money the year before.
MSFT Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $20.79 | +8.6% |
| Q3 2026 | $19.15 | +36% |
| Q2 2026 | $17.95 | +32% |
| Q1 2026 | $16.80 | +30% |
| Q4 2025 | $15.99 | +29% |
| Q3 2025 | $14.06 | +16% |
| Q2 2025 | $13.64 | +16% |
| Q1 2025 | $12.93 | +12% |
| Q4 2024 | $12.41 | +12% |
MSFT has the edge over FLYW on earnings, with more consistent year-over-year improvement.
FLYW Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $250.3M | +25% |
| Q2 2026 | $167.7M | +27% |
| Q1 2026 | $188.1M | +41% |
| Q4 2025 | $157.5M | +34% |
| Q3 2025 | $200.1M | +28% |
| Q2 2025 | $131.9M | +27% |
| Q1 2025 | $133.5M | +17% |
| Q4 2024 | $117.6M | +17% |
FLYW has the edge over MSFT on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 21% | +5 points |
| Q2 2026 | -1.6% | +5.2 points |
| Q1 2026 | 5.7% | +14 points |
| Q4 2025 | -0.6% | +4.3 points |
| Q3 2025 | 16% | +3.2 points |
| Q2 2025 | -6.8% | +8.4 points |
| Q1 2025 | -8.2% | -3 points |
| Q4 2024 | -4.9% | +5.1 points |
FLYW's operating margin was 21% last quarter, up 5 points from the same quarter a year ago, near the top of its range since 2020.
MSFT Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $92.3B | +19% |
| Q2 2026 | $90B | +18% |
| Q1 2026 | $82.9B | +18% |
| Q4 2025 | $81.3B | +17% |
| Q3 2025 | $77.7B | +18% |
| Q2 2025 | $76.4B | +18% |
| Q1 2025 | $70.1B | +13% |
| Q4 2024 | $69.6B | +12% |
MSFT's revenue has grown year over year every quarter since late 2020: $92.3B last quarter, up 19% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 50% | +0.9 points |
| Q2 2026 | 45% | +0.2 points |
| Q1 2026 | 46% | +0.7 points |
| Q4 2025 | 47% | +1.6 points |
| Q3 2025 | 49% | +2.3 points |
| Q2 2025 | 45% | +1.8 points |
| Q1 2025 | 46% | +1.1 points |
| Q4 2024 | 45% | +1.9 points |
MSFT has the edge over FLYW on profitability, with a higher operating margin.
FLYW Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $125M | -17% |
| Q2 2026 | $20.8M | -11% |
| Q1 2026 | -$16M | +$63.1M |
| Q4 2025 | $4.5M | +$46.1M |
| Q3 2025 | $149.9M | -21% |
| Q2 2025 | $23.5M | +$43.2M |
| Q1 2025 | -$79.1M | -$40.7M |
| Q4 2024 | -$41.6M | -170% |
FLYW has the edge over MSFT on cash flow, with more consistent year-over-year improvement.
MSFT Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | $18.6B | -27% |
| Q2 2026 | $19.6B | -23% |
| Q1 2026 | $15.8B | -22% |
| Q4 2025 | $5.9B | -9.3% |
| Q3 2025 | $25.7B | +33% |
| Q2 2025 | $25.6B | +9.6% |
| Q1 2025 | $20.3B | -3.2% |
| Q4 2024 | $6.5B | -29% |
MSFT's free cash flow has been positive every quarter for seven years: $60B over the past year, down 23% from the year before.
FLYW Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +6% | +7.3M shares |
| 1 year | +1.6% | +2M shares |
| 3 years | +3.4% | +4.2M shares |
| 5 years | +147% | +77.2M shares |
| Available history | +46% | +40.6M shares |
FLYW has 130M diluted shares, up 1.6% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | $20.5M |
| Q1 2026 | $10M |
| Q3 2025 | $10M |
| Q2 2025 | $5M |
| Q1 2025 | $49.3M |
| Q1 2021 | — |
| Q4 2020 | — |
MSFT Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | -0.1% | -7M shares |
| 1 year | -0.3% | -20M shares |
| 3 years | -0.2% | -16M shares |
| 5 years | -1.6% | -121M shares |
| Available history | -3.2% | -245M shares |
MSFT has the edge over FLYW on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q3 2026 | $4.4B |
| Q2 2026 | $4.6B |
| Q1 2026 | $4.6B |
| Q4 2025 | $7.4B |
| Q3 2025 | $5.7B |
| Q2 2025 | $4.5B |
| Q1 2025 | $4.8B |
| Q4 2024 | $5B |
MSFT spent $21B buying back its own shares over the past year, up 5.2% from the year before.
FLYW Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -4.9x | Net Cash |
| Q1 2026 | -6.1x | Net Cash |
| Q4 2025 | -12.3x | Net Cash |
| Q3 2025 | -17.3x | Net Cash |
| Q2 2025 | -26.1x | Net Cash |
| Q1 2025 | -741.5x | Net Cash |
| Q4 2024 | -125.1x | Net Cash |
FLYW has the edge over MSFT on leverage, with a lower net debt burden relative to earnings.
MSFT Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.1x | Very low |
| Q2 2026 | 0.1x | Very low |
MSFT's net debt is less than a year of its operating earnings (EBITDA).
FLYW Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 68.5 | Neutral |
| Stochastic | 89.5 | Overbought |
FLYW's weekly RSI is 68 (neutral) and its Stochastic is 90 (overbought).
MSFT Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 62.1 | Neutral |
| Stochastic | 68.0 | Neutral |
MSFT's weekly RSI is 62 (neutral) and its Stochastic is 68 (neutral).
FLYW PE vs Technology Sector
| Metric | FLYW | Sector median | Relative |
|---|---|---|---|
| PE | 35x | 28x | 26% above |
| PE % | 0 | 43 | 43 pts below |
FLYW is trading at 35x earnings, a 26% premium to the Technology sector's median of 28x.
MSFT PE vs Technology Sector
| Metric | MSFT | Sector median | Relative |
|---|---|---|---|
| PE | 27x | 28x | 2% below |
| PE % | 16 | 35 | 19 pts below |
MSFT has the edge over FLYW on valuation relative to its sector.
FLYW Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $19.3 | 11% above |
| 20 week MA | $18.5 | 16% above |
| 50 week MA | $15.7 | 37% above |
| 100 week MA | $14.4 | 49% above |
| 200 week MA | $19.3 | 11% above |
FLYW has the edge over MSFT on trend strength, trading above more of its moving averages.
MSFT Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $524.7 | 0.3% below |
| 20 week MA | $484.8 | 7.9% above |
| 50 week MA | $446.9 | 17% above |
| 100 week MA | $453.8 | 15% above |
| 200 week MA | $411.5 | 27% above |
MSFT's trend is up, with a small recent dip: it's below only its 8-week average, and 27% above its 200-week average.
FLYW Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2021 | $34.3 | $36.5 | +6.4% |
| 2022 | $36.5 | $21.9 | -40% |
| 2023 | $21.9 | $23.2 | +5.7% |
| 2024 | $23.2 | $20.3 | -13% |
| 2025 | $20.3 | $14.5 | -29% |
| 2026 YTD | $14.5 | $21.5 | +49% |
FLYW has the edge over MSFT on returns for 2026, with the stronger performance.
MSFT Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $159.0 | $222.8 | +40% |
| 2021 | $222.8 | $334.7 | +50% |
| 2022 | $334.7 | $238.7 | -29% |
| 2023 | $238.7 | $376.0 | +58% |
| 2024 | $376.0 | $430.5 | +14% |
| 2025 | $430.5 | $487.7 | +13% |
| 2026 YTD | $487.7 | $523.0 | +7.2% |
MSFT has finished higher in five of the last six years, two of them by more than 50%. It's up 7.2% so far in 2026.