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Claritev vs Flywire: CTEV and FLYW compared
Claritev is the larger company: $257M of revenue in its latest quarter (Q2 2026) against $250M for Flywire (Q3 2026). Flywire is growing faster (+25% against +7% a year earlier). Flywire is more profitable, with an operating margin of 21.1% against 9.1%.
Where the money goes: CTEV and FLYW
Claritev (CTEV) · Q2 2026
Claritev, Q2 2026: revenue $257M (+7% year over year), operating margin 9.1%, net loss $59.2M, operating cash flow $92.7M. The chart follows the revenue to costs, profit and cash.
Flywire (FLYW) · Q3 2026
Flywire, Q3 2026: revenue $250M (+25% year over year), operating margin 21.1%, net earnings $74.5M, operating cash flow $125M. The chart follows the revenue to costs, profit and cash.
| Claritev (CTEV) | Flywire (FLYW) | |
|---|---|---|
| Latest quarter | Q2 2026 | Q3 2026 |
| Revenue | $257M | $250M |
| Revenue growth, Y/Y | +7% | +25% |
| Operating margin | 9.1% | 21.1% |
| Net earnings | −$59.2M | $74.5M |
| Net margin | -23.0% | 29.8% |
| Operating cash flow | $92.7M | $125M |
| Free cash flow | $54.6M | $125M |
| Market value | — | $2.4B |
| P/E | — | 30.8× |
| Analysts’ mean target | — | $22.82 |
Where the revenue comes from
Claritev
- Claims Intelligence Solutions: $178M (69%)
- Network Solutions: $50.3M (20%)
- Payment and Revenue Integrity Solutions: $28.7M (11%)
Flywire
- Transactions: $215M (86%)
- Platform and other revenues: $35.2M (14%)
Questions
Which is bigger, Claritev or Flywire?
Claritev is the larger company: $257M of revenue in its latest quarter (Q2 2026) against $250M for Flywire (Q3 2026).
Is Claritev or Flywire growing faster?
Flywire is growing faster (+25% against +7% a year earlier).
Which is more profitable, Claritev or Flywire?
Flywire is more profitable, with an operating margin of 21.1% against 9.1%.
More: Claritev earnings · how Claritev makes money · Flywire earnings · how Flywire makes money
From the companies' latest 10-Q, 10-K or earnings release (10-Q filed Aug 7, 2026; 10-Q filed Nov 4, 2026). Fiscal quarters can end on different dates. Not investment advice.