vs
Side-by-side financial comparison of Expensify, Inc. (EXFY) and Invesco Mortgage Capital Inc. (IVR). Click either name above to swap in a different company.
Expensify, Inc. is the larger business by last-quarter revenue ($35.2M vs $21.3M, roughly 1.7× Invesco Mortgage Capital Inc.). On growth, Invesco Mortgage Capital Inc. posted the faster year-over-year revenue change (55.4% vs -4.9%). Over the past eight quarters, Invesco Mortgage Capital Inc.'s revenue compounded faster (74.2% CAGR vs 2.4%).
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.
Invesco Ltd. is an American independent investment management company headquartered in Atlanta, Georgia, with branch offices in 20 countries. Its common stock is a constituent of the S&P 500 and trades on the New York Stock Exchange. Invesco operates under the Invesco, Invesco Perpetual, and Powershares brand names.
EXFY vs IVR — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $21.3M |
| Net Profit | — | $51.5M |
| Gross Margin | 49.2% | — |
| Operating Margin | -11.2% | — |
| Net Margin | — | 242.2% |
| Revenue YoY | -4.9% | 55.4% |
| Net Profit YoY | — | 1368.7% |
| EPS (diluted) | $-0.07 | $0.72 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q4 25 | $35.2M | $21.3M | ||
| Q3 25 | $35.1M | $17.6M | ||
| Q2 25 | $35.8M | $17.7M | ||
| Q1 25 | $36.1M | $18.8M | ||
| Q4 24 | $37.0M | $13.7M | ||
| Q3 24 | $35.4M | $7.5M | ||
| Q2 24 | $33.3M | $8.6M | ||
| Q1 24 | $33.5M | $7.0M |
| Q4 25 | — | $51.5M | ||
| Q3 25 | $-2.3M | $53.5M | ||
| Q2 25 | $-8.8M | $-23.3M | ||
| Q1 25 | $-3.2M | $19.6M | ||
| Q4 24 | — | $3.5M | ||
| Q3 24 | $-2.2M | $40.7M | ||
| Q2 24 | $-2.8M | $-13.5M | ||
| Q1 24 | $-3.8M | $29.1M |
| Q4 25 | 49.2% | — | ||
| Q3 25 | 49.6% | — | ||
| Q2 25 | 51.9% | — | ||
| Q1 25 | 50.6% | — | ||
| Q4 24 | 51.0% | — | ||
| Q3 24 | 51.6% | — | ||
| Q2 24 | 56.9% | — | ||
| Q1 24 | 56.5% | — |
| Q4 25 | -11.2% | — | ||
| Q3 25 | -6.4% | — | ||
| Q2 25 | -28.9% | — | ||
| Q1 25 | -4.1% | — | ||
| Q4 24 | 1.3% | — | ||
| Q3 24 | 0.8% | — | ||
| Q2 24 | 0.7% | — | ||
| Q1 24 | -5.3% | — |
| Q4 25 | — | 242.2% | ||
| Q3 25 | -6.6% | 303.6% | ||
| Q2 25 | -24.6% | -131.6% | ||
| Q1 25 | -8.8% | 104.4% | ||
| Q4 24 | — | 25.6% | ||
| Q3 24 | -6.2% | 542.2% | ||
| Q2 24 | -8.3% | -155.9% | ||
| Q1 24 | -11.3% | 415.9% |
| Q4 25 | $-0.07 | $0.72 | ||
| Q3 25 | $-0.03 | $0.74 | ||
| Q2 25 | $-0.10 | $-0.40 | ||
| Q1 25 | $-0.03 | $0.26 | ||
| Q4 24 | $-0.03 | $-0.09 | ||
| Q3 24 | $-0.02 | $0.63 | ||
| Q2 24 | $-0.03 | $-0.38 | ||
| Q1 24 | $-0.04 | $0.49 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $63.1M | $56.0M |
| Total DebtLower is stronger | — | — |
| Stockholders' EquityBook value | $132.7M | $797.5M |
| Total Assets | $186.0M | $6.5B |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.1M | $56.0M | ||
| Q3 25 | $61.5M | $58.5M | ||
| Q2 25 | $60.5M | $59.4M | ||
| Q1 25 | $59.6M | $42.9M | ||
| Q4 24 | $48.8M | $73.4M | ||
| Q3 24 | $39.2M | $48.3M | ||
| Q2 24 | $53.2M | $58.8M | ||
| Q1 24 | $49.3M | $59.9M |
| Q4 25 | $132.7M | $797.5M | ||
| Q3 25 | $135.7M | $769.6M | ||
| Q2 25 | $131.8M | $709.4M | ||
| Q1 25 | $134.7M | $759.2M | ||
| Q4 24 | $128.2M | $730.7M | ||
| Q3 24 | $119.9M | $857.0M | ||
| Q2 24 | $114.0M | $759.2M | ||
| Q1 24 | $106.5M | $785.6M |
| Q4 25 | $186.0M | $6.5B | ||
| Q3 25 | $186.8M | $6.0B | ||
| Q2 25 | $187.1M | $5.4B | ||
| Q1 25 | $189.2M | $6.2B | ||
| Q4 24 | $173.7M | $5.7B | ||
| Q3 24 | $176.2M | $6.1B | ||
| Q2 24 | $192.9M | $5.1B | ||
| Q1 24 | $184.8M | $5.2B |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $2.2M | $157.1M |
| Free Cash FlowOCF − Capex | — | — |
| FCF MarginFCF / Revenue | — | — |
| Capex IntensityCapex / Revenue | — | — |
| Cash ConversionOCF / Net Profit | — | 3.05× |
| TTM Free Cash FlowTrailing 4 quarters | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2M | $157.1M | ||
| Q3 25 | $4.2M | $37.3M | ||
| Q2 25 | $8.9M | $40.6M | ||
| Q1 25 | $4.8M | $19.3M | ||
| Q4 24 | $7.4M | $183.2M | ||
| Q3 24 | $3.7M | $30.8M | ||
| Q2 24 | $9.3M | $33.0M | ||
| Q1 24 | $3.5M | $57.5M |
| Q4 25 | — | — | ||
| Q3 25 | 0.0% | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | 0.0% | — | ||
| Q3 24 | 0.0% | — | ||
| Q2 24 | 0.0% | — | ||
| Q1 24 | 0.0% | — |
| Q4 25 | — | 3.05× | ||
| Q3 25 | — | 0.70× | ||
| Q2 25 | — | — | ||
| Q1 25 | — | 0.98× | ||
| Q4 24 | — | 52.24× | ||
| Q3 24 | — | 0.76× | ||
| Q2 24 | — | — | ||
| Q1 24 | — | 1.97× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
