Financial Comparison: Flywire (NASDAQ:FLYW) & Circle Internet Group (NYSE:CRCL)

Circle Internet Group (NYSE:CRCL) and Flywire (NASDAQ:FLYW) are both finance companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, earnings, profitability, valuation, institutional ownership and risk.

Analyst Recommendations

This is a breakdown of current ratings and target prices for Circle Internet Group and Flywire, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Circle Internet Group	4	9	10	1	2.33
Flywire	0	7	8	0	2.53

Circle Internet Group presently has a consensus target price of $97.82, indicating a potential upside of 17.19%. Flywire has a consensus target price of $20.23, indicating a potential upside of 11.34%. Given Circle Internet Group’s higher possible upside, analysts plainly believe Circle Internet Group is more favorable than Flywire.

Earnings & Valuation

This table compares Circle Internet Group and Flywire”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Circle Internet Group	$2.75 billion	7.72	-$69.51 million	$1.46	57.17
Flywire	$623.03 million	3.55	$13.50 million	$0.26	69.88

Flywire has lower revenue, but higher earnings than Circle Internet Group. Circle Internet Group is trading at a lower price-to-earnings ratio than Flywire, indicating that it is currently the more affordable of the two stocks.

Institutional and Insider Ownership

95.9% of Flywire shares are held by institutional investors. 10.8% of Circle Internet Group shares are held by insiders. Comparatively, 5.0% of Flywire shares are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Circle Internet Group has a beta of 0.73, suggesting that its share price is 27% less volatile than the S&P 500. Comparatively, Flywire has a beta of 1.35, suggesting that its share price is 35% more volatile than the S&P 500.

Profitability

This table compares Circle Internet Group and Flywire’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Circle Internet Group	15.53%	13.58%	0.58%
Flywire	4.77%	4.08%	2.81%

Summary

Circle Internet Group beats Flywire on 9 of the 15 factors compared between the two stocks.

About Circle Internet Group

Founded in 2013, Circle’s mission is to raise global economic prosperity through the frictionless exchange of value. We intend to connect the world more deeply by building a new global economic system on the foundation of the internet, and to facilitate the creation of a world where everyone, everywhere can share value as easily as we can today share information, content, and communications. Since inception, we have relentlessly pursued our mission and vision, building fundamental technology for the internet financial system. We have forged paths toward mainstream acceptance through persistent and active engagement with policymakers and regulators globally, and have seen institutional and consumer knowledge and acceptance of internet-native financial assets approach critical mass. Large and influential players in the incumbent financial services system are increasingly embracing digital assets broadly and stablecoins specifically. Circle’s innovative products reach tens of millions of end-users, power thousands of businesses, and, as of March 31, 2025, USDC has been used for more than $25 trillion in onchain transactions. While we have made strong progress in our pursuit of our mission and vision over the past decade, we believe the internet financial system is in its infancy with decades of growth and innovation ahead. Our principal executive office is located in New York, NY.

About Flywire

Flywire Corporation, together with its subsidiaries, operates as a payments enablement and software company in the United States and internationally. Its payment platform and network, and vertical-specific software help clients to get paid and help their customers to pay. The company’s platform facilitates payment flows across multiple currencies, payment types, and payment options, as well as provides direct connections to alternative payment methods, such as Alipay, Boleto, PayPal/Venmo, and Trustly. It serves education, healthcare, travel, and business to business organizations. The company was formerly known as peerTransfer Corporation and changed its name to Flywire Corporation in December 2016. Flywire Corporation was incorporated in 2009 and is headquartered in Boston, Massachusetts.