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Expensify, Inc.

Expensify, Inc.EXFYEarnings & Financial Report

Nasdaq · software industry

Expensify, Inc. is a software company that develops an expense management system for personal and business use. Expensify also offers a business credit card called the Expensify Card.

NextMar 19, 2026

EXFY Q3 2025 Key Financial Metrics

Revenue

$35.1M

Gross Profit

$17.4M

Operating Profit

$-2.3M

Net Profit

$-2.3M

Gross Margin

49.6%

Operating Margin

-6.4%

Net Margin

-6.6%

YoY Growth

-1.0%

EPS

$-0.03

Financial Flow

Expensify, Inc. Q3 2025 Financial Summary

Expensify, Inc. reported revenue of $35.1M for Q3 2025, with a net profit of $-2.3M (-6.6% margin). Cost of goods sold was $17.7M, operating expenses totaled $19.7M.

Key Financial Metrics

Total Revenue$35.1M
Net Profit$-2.3M
Gross Margin49.6%
Operating Margin-6.4%
Report PeriodQ3 2025

Expensify, Inc. Annual Revenue by Year

Expensify, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $139.2M).

YearAnnual Revenue
2024$139.2M
2023$150.7M
2022$169.5M

Income Statement

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Revenue$35.2M$33.5M$33.3M$35.4M$37.0M$36.1M$35.8M$35.1M
YoY Growth-19.0%-16.4%-14.4%-3.0%5.1%7.6%7.4%-1.0%

Balance Sheet

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Assets$176.8M$184.8M$192.9M$176.2M$173.7M$189.2M$187.1M$186.8M
Liabilities$76.0M$78.3M$78.9M$56.3M$45.4M$54.6M$55.3M$51.2M
Equity$100.7M$106.5M$114.0M$119.9M$128.2M$134.7M$131.8M$135.7M

Cash Flow

Q4 2023Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025
Operating CF$-543000$3.5M$9.3M$3.7M$7.4M$4.8M$8.9M$4.2M