Expensify, Inc.

Expensify, Inc.EXFYEarnings & Financial Report

Nasdaq · Information Technology · Services-Prepackaged Software

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.

EXFY Q4 FY2025 Key Financial Metrics

Revenue

$35.2M

Gross Profit

$17.3M

Operating Profit

$-3.9M

Net Profit

N/A

Gross Margin

49.2%

Operating Margin

-11.2%

Net Margin

N/A

YoY Growth

-4.9%

EPS

$-0.07

Expensify, Inc. Q4 FY2025 Financial Summary

Expensify, Inc. reported revenue of $35.2M (down 4.9% YoY) for Q4 FY2025, with a net profit of N/A (N/A margin). Cost of goods sold was $17.9M, operating expenses totaled $21.2M.

Key Financial Metrics

Total Revenue$35.2M
Net ProfitN/A
Gross Margin49.2%
Operating Margin-11.2%
Report PeriodQ4 FY2025

Expensify, Inc. Annual Revenue by Year

Expensify, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $142.1M).

YearAnnual Revenue
2025$142.1Mvs 2024
2024$139.2Mvs 2023
2023$150.7Mvs 2022
2022$169.5M

Expensify, Inc. Quarterly Revenue & Net Profit History

Expensify, Inc. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.

QuarterRevenueRevenue YoYNet ProfitNet Margin
Q4 FY2025$35.2M-4.9%N/AN/A
Q3 FY2025$35.1M-1.0%$-2.3M-6.6%
Q2 FY2025$35.8M+7.4%$-8.8M-24.6%
Q1 FY2025$36.1M+7.6%$-3.2M-8.8%
Q4 FY2024$37.0M+5.1%N/AN/A
Q3 FY2024$35.4M-3.0%$-2.2M-6.2%
Q2 FY2024$33.3M-14.4%$-2.8M-8.3%
Q1 FY2024$33.5M-16.4%$-3.8M-11.3%

Income Statement

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Revenue$33.5M$33.3M$35.4M$37.0M$36.1M$35.8M$35.1M$35.2M
YoY Growth-16.4%-14.4%-3.0%5.1%7.6%7.4%-1.0%-4.9%

Balance Sheet

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Assets$184.8M$192.9M$176.2M$173.7M$189.2M$187.1M$186.8M$186.0M
Liabilities$78.3M$78.9M$56.3M$45.4M$54.6M$55.3M$51.2M$53.2M
Equity$106.5M$114.0M$119.9M$128.2M$134.7M$131.8M$135.7M$132.7M

Cash Flow

Q1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025
Operating CF$3.5M$9.3M$3.7M$7.4M$4.8M$8.9M$4.2M$2.2M