Expensify, Inc. financials
Source: EDGAR filings · Built 2026-06-02T02:57:13Z
Custom taxonomy namespace:
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Key metrics by reporting period
Up to six most-recent periods side-by-side. Rows are the curated key lines — revenue, margins, cash, debt, equity, cash-flow totals, plus the derived and valuation metrics we compute on top. For every tag a filer reported in one period, use the single-filing drilldown below.
Derived Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Free Cash Flow | 19.93M | 23.75M | -338.00K | 31.50M | 2.01M | 4.29M |
| EBITDA | -9.56M | 5.99M | -27.98M | -9.84M | -5.05M | 8.92M |
| Working Capital | 106.60M | 98.87M | 69.34M | 126.75M | 104.07M | 24.46M |
| Net Debt | -57.34M | -42.30M | -32.96M | -51.00M | -28.43M | 2.30M |
| Gross Margin | 50.34% | 53.86% | 55.61% | 63.03% | 62.41% | 63.20% |
| Operating Margin | -12.68% | -0.59% | -22.00% | -8.99% | -7.18% | 6.44% |
| Net Margin | -15.05% | -7.22% | -27.51% | -15.94% | -9.49% | -1.94% |
| Return on Equity (ROE) | -16.11% | -7.84% | -41.15% | -27.78% | -17.70% | 5.51% |
| Return on Assets (ROA) | -11.50% | -5.79% | -23.45% | -12.85% | -7.40% | -1.95% |
| Current Ratio | 3.30× | 3.60× | 2.02× | 3.10× | 2.94× | 1.62× |
| Debt-to-Equity | 0.04× | 0.05× | 0.14× | 0.54× | 0.91× | -1.18× |
| Effective Tax Rate | -31.28% | -320.36% | -7.75% | -30.84% | 1.27% | 157.93% |
| Cash Conversion Ratio | -0.94× | -2.37× | -0.04× | -1.22× | -0.40× | -4.44× |
| Accruals Ratio | -0.22× | -0.20× | -0.24× | -0.28× | -0.10× | -0.11× |
| SBC % of Revenue | 18.70% | 24.09% | 27.35% | 30.88% | 10.20% | 20.25% |
| CapEx Coverage | 127.96× | 185.09× | 0.82× | 23.86× | 1.58× | 2.30× |
| Free Cash Flow Per Share | $0.22 | $0.27 | $-0.00 | $0.39 | $0.05 | $0.16 |
Valuation Metrics
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| P/FCF | 6.99× | 12.33× | — | 22.65× | 834.91× | — |
| FCF Yield | 14.30% | 8.11% | — | 4.42% | 0.12% | — |
| EV / EBITDA | — | 41.78× | — | — | — | — |
| P/S | 0.98× | 2.10× | 1.35× | 4.21× | 11.72× | — |
| P/B | 1.05× | 2.28× | 2.02× | 7.34× | 21.85× | — |
Income Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 142.10M | 139.24M | 150.69M | 169.50M | 142.84M | 88.07M |
| Cost of Goods and Services Sold | — | 7.20M | 10.10M | 6.20M | 2.90M | 1.00M |
| Cost of Revenue | 70.57M | 64.24M | 66.89M | 62.67M | 53.69M | 32.41M |
| Gross Profit | 71.53M | 75.00M | 83.80M | 106.83M | 89.14M | 55.66M |
| Research and Development Expense | 20.68M | 24.64M | 23.37M | 13.69M | 10.99M | 6.73M |
| Operating Expenses | 89.55M | 75.82M | 116.95M | 122.06M | 99.39M | 49.99M |
| Operating Income (Loss) | -18.02M | -820.00K | -33.15M | -15.23M | -10.25M | 5.67M |
| Income Tax Expense (Benefit) | 5.10M | 7.66M | 2.98M | 6.37M | -174.00K | 4.66M |
| Net Income (Loss) Attributable to Parent | -21.39M | -10.05M | -41.46M | -27.01M | -13.56M | -1.71M |
| Earnings Per Share, Basic | $-0.23 | $-0.12 | $-0.50 | $-0.33 | $-0.36 | $-0.06 |
| Weighted Average Number of Shares Outstanding, Basic | 92.28M | 87.38M | 82.49M | 80.79M | 38.04M | 27.42M |
| Earnings Per Share, Diluted | $-0.23 | $-0.12 | $-0.50 | $-0.33 | $-0.36 | $-0.06 |
| Weighted Average Number of Shares Outstanding, Diluted | 92.28M | 87.38M | 82.49M | 80.79M | 38.04M | 27.42M |
Balance Sheet
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 63.08M | 48.77M | 47.51M | 103.79M | 98.40M | 34.40M |
| Assets, Current | 153.01M | 136.88M | 137.23M | 187.12M | 157.64M | 63.66M |
| Assets | 185.99M | 173.68M | 176.78M | 210.24M | 183.21M | 87.73M |
| Long-term Debt | — | — | — | — | 67.62M | — |
| Liabilities, Current | 46.41M | 38.01M | 67.89M | 60.36M | 53.58M | 39.20M |
| Long-term Debt, Excluding Current Maturities | — | — | 0 | 51.43M | 52.07M | 30.32M |
| Liabilities | 53.24M | 45.44M | 76.04M | 113.00M | 106.60M | 73.66M |
| Stockholders' Equity Attributable to Parent | 132.75M | 128.24M | 100.74M | 97.24M | 76.61M | -31.04M |
| Common Stock, Shares, Outstanding | — | — | — | — | — | 29.37M |
Cash Flow Statement
| Concept | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2021 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 20.09M | 23.88M | 1.56M | 32.88M | 5.49M | 7.58M |
| Payments to Acquire Property, Plant, and Equipment | 17.00K | 0 | 1.38M | 585.00K | 2.71M | 2.49M |
| Net Cash Provided by (Used in) Investing Activities | -3.56M | -7.63M | -7.29M | -2.20M | -7.61M | -4.29M |
| Payments for Repurchase of Common Stock | 9.10M | 1.51M | 3.00M | 6.00M | 0 | 0 |
| Net Cash Provided by (Used in) Financing Activities | -2.74M | -22.07M | -45.32M | -8.28M | 80.56M | 8.79M |
Derived Metrics
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Free Cash Flow | — | 2.17M | 17.77M | 13.64M | — | 7.37M |
| EBITDA | 284.00K | -1.66M | — | — | 496.00K | 2.43M |
| Working Capital | 112.88M | 106.60M | 108.20M | 103.86M | 106.45M | 98.87M |
| Net Debt | — | -57.34M | — | — | — | -42.30M |
| Gross Margin | 47.61% | 49.18% | 49.62% | 51.94% | 50.57% | 50.96% |
| Operating Margin | -5.81% | -11.19% | -6.44% | -28.91% | -4.12% | 1.26% |
| Net Margin | -6.88% | -20.22% | -6.60% | -24.57% | -8.78% | -3.55% |
| Return on Equity (ROE) | -1.69% | -5.36% | -1.71% | -6.67% | -2.35% | -1.02% |
| Return on Assets (ROA) | -1.23% | -3.83% | -1.24% | -4.70% | -1.67% | -0.76% |
| Current Ratio | 3.49× | 3.30× | 3.44× | 3.14× | 3.25× | 3.60× |
| Debt-to-Equity | — | 0.04× | — | — | — | 0.05× |
| Effective Tax Rate | -29.76% | -102.19% | -7.13% | 7.00% | -172.49% | -1672.97% |
| Cash Conversion Ratio | -0.05× | -0.31× | -7.73× | -1.56× | -2.48× | -5.64× |
| Accruals Ratio | -0.01× | -0.05× | -0.11× | -0.12× | -0.06× | -0.05× |
| SBC % of Revenue | 17.60% | 14.20% | 61.54% | 41.71% | 22.15% | 27.03% |
| CapEx Coverage | — | 61.17× | 147.83× | 161.42× | — | 224.30× |
| Free Cash Flow Per Share | — | $0.02 | $0.19 | $0.15 | — | $0.08 |
Valuation Metrics
Income Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Revenue from Contract with Customer, Excluding Assessed Tax | 33.97M | 35.20M | 35.06M | 35.76M | 36.07M | 37.00M |
| Cost of Revenue | 17.80M | 17.89M | 17.67M | 17.19M | 17.83M | 18.15M |
| Gross Profit | 16.17M | 17.31M | 17.40M | 18.58M | 18.24M | 18.86M |
| Research and Development Expense | 5.26M | 5.26M | 4.91M | 5.16M | 5.36M | 6.70M |
| Operating Expenses | 18.14M | 21.25M | 19.66M | 28.91M | 19.73M | 18.39M |
| Operating Income (Loss) | -1.97M | -3.94M | -2.26M | -10.34M | -1.49M | 465.00K |
| Income Tax Expense (Benefit) | 536.00K | 3.60M | 154.00K | -661.00K | 2.01M | 1.24M |
| Net Income (Loss) Attributable to Parent | -2.34M | -7.12M | -2.31M | -8.79M | -3.17M | -1.31M |
| Earnings Per Share, Basic | $-0.02 | $-0.08 | $-0.03 | $-0.10 | $-0.03 | $-0.02 |
| Weighted Average Number of Shares Outstanding, Basic | 93.72M | 92.28M | 92.56M | 92.27M | 91.50M | 87.38M |
| Earnings Per Share, Diluted | $-0.02 | $-0.08 | $-0.03 | $-0.10 | $-0.03 | $-0.02 |
| Weighted Average Number of Shares Outstanding, Diluted | 93.72M | 92.28M | 92.56M | 92.27M | 91.50M | 87.38M |
Balance Sheet
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Cash and Cash Equivalents, at Carrying Value | 66.53M | 63.08M | 61.45M | 60.52M | 59.63M | 48.77M |
| Assets, Current | 158.22M | 153.01M | 152.60M | 152.28M | 153.71M | 136.88M |
| Assets | 190.60M | 185.99M | 186.84M | 187.14M | 189.24M | 173.68M |
| Liabilities, Current | 45.34M | 46.41M | 44.39M | 48.42M | 47.26M | 38.01M |
| Liabilities | 52.07M | 53.24M | 51.17M | 55.32M | 54.59M | 45.44M |
| Stockholders' Equity Attributable to Parent | 138.53M | 132.75M | 135.66M | 131.81M | 134.65M | 128.24M |
Cash Flow Statement
| Concept | Q1 2026 | Q4 2025 | Q3 2025 | Q2 2025 | Q1 2025 | Q4 2024 |
|---|---|---|---|---|---|---|
| Net Cash Provided by (Used in) Operating Activities | 118.00K | 2.20M | 17.89M | 13.72M | 7.86M | 7.40M |
| Payments to Acquire Property, Plant, and Equipment | — | 0 | 17.00K | 17.00K | — | 0 |
| Net Cash Provided by (Used in) Investing Activities | -1.41M | -798.00K | -2.76M | -1.67M | -498.00K | -929.00K |
| Payments for Repurchase of Common Stock | — | 3.04M | 6.06M | 3.03M | — | 0 |
| Net Cash Provided by (Used in) Financing Activities | 6.27M | -1.16M | -1.58M | -455.00K | -1.84M | -893.00K |
Raw XBRL tagging for a single filing
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Methodology
All facts on this page come straight from SEC EDGAR XBRL
company-facts filings (EXFY CIK 0001476840),
grouped by financial statement using FASB's base
us-gaap presentation taxonomy. Filers may re-parent
concepts onto different statements in their own extension
taxonomy, so a handful of rows can show up under a different
statement than on the actual 10-K / 10-Q; custom concepts and
any we couldn't map fall into Other. Hover a
cell to see the fully-qualified concept name and the filer's
description.
For the full methodology — statement grouping, the Other bucket, derived metrics, and fact tooltips — see the methodology reference for the statement grouping, the "Other" bucket, derived metrics, and fact tooltips.