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Side-by-side financial comparison of Expensify, Inc. (EXFY) and GLADSTONE LAND Corp (LAND). Click either name above to swap in a different company.

GLADSTONE LAND Corp is the larger business by last-quarter revenue ($41.5M vs $35.2M, roughly 1.2× Expensify, Inc.). On growth, GLADSTONE LAND Corp posted the faster year-over-year revenue change (96.5% vs -4.9%). Over the past eight quarters, GLADSTONE LAND Corp's revenue compounded faster (43.1% 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.

Hongkong Land (HKL) is a property investment, management and development group with commercial and residential property interests across Asia. It owns and manages some 850,000 sq. m. of office and retail property in Asia, principally in Hong Kong and Singapore. Its Hong Kong portfolio represents some 450,000 sq. m. of commercial property, making it the single largest landlord in Central, Hong Kong. In Singapore it has 165,000 sq. m. of office space mainly held through joint ventures. While it...

EXFY vs LAND — Head-to-Head

Bigger by revenue
LAND
LAND
1.2× larger
LAND
$41.5M
$35.2M
EXFY
Growing faster (revenue YoY)
LAND
LAND
+101.4% gap
LAND
96.5%
-4.9%
EXFY
Faster 2-yr revenue CAGR
LAND
LAND
Annualised
LAND
43.1%
2.4%
EXFY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXFY
EXFY
LAND
LAND
Revenue
$35.2M
$41.5M
Net Profit
$4.2M
Gross Margin
49.2%
Operating Margin
-11.2%
Net Margin
10.2%
Revenue YoY
-4.9%
96.5%
Net Profit YoY
680.0%
EPS (diluted)
$-0.07
$-0.05

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.

Revenue
EXFY
EXFY
LAND
LAND
Q4 25
$35.2M
$41.5M
Q3 25
$35.1M
$17.8M
Q2 25
$35.8M
$12.3M
Q1 25
$36.1M
$16.8M
Q4 24
$37.0M
$21.1M
Q3 24
$35.4M
$22.6M
Q2 24
$33.3M
$21.3M
Q1 24
$33.5M
$20.3M
Net Profit
EXFY
EXFY
LAND
LAND
Q4 25
$4.2M
Q3 25
$-2.3M
$2.1M
Q2 25
$-8.8M
$-7.9M
Q1 25
$-3.2M
$15.1M
Q4 24
$540.0K
Q3 24
$-2.2M
$6.0K
Q2 24
$-2.8M
$-823.0K
Q1 24
$-3.8M
$13.6M
Gross Margin
EXFY
EXFY
LAND
LAND
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%
Operating Margin
EXFY
EXFY
LAND
LAND
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%
Net Margin
EXFY
EXFY
LAND
LAND
Q4 25
10.2%
Q3 25
-6.6%
11.7%
Q2 25
-24.6%
-64.1%
Q1 25
-8.8%
89.9%
Q4 24
2.6%
Q3 24
-6.2%
0.0%
Q2 24
-8.3%
-3.9%
Q1 24
-11.3%
67.0%
EPS (diluted)
EXFY
EXFY
LAND
LAND
Q4 25
$-0.07
$-0.05
Q3 25
$-0.03
$-0.11
Q2 25
$-0.10
$-0.38
Q1 25
$-0.03
$0.25
Q4 24
$-0.03
$-0.15
Q3 24
$-0.02
$-0.16
Q2 24
$-0.03
$-0.19
Q1 24
$-0.04
$0.21

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
EXFY
EXFY
LAND
LAND
Cash + ST InvestmentsLiquidity on hand
$63.1M
$27.2M
Total DebtLower is stronger
$473.6M
Stockholders' EquityBook value
$132.7M
$670.3M
Total Assets
$186.0M
$1.2B
Debt / EquityLower = less leverage
0.71×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXFY
EXFY
LAND
LAND
Q4 25
$63.1M
$27.2M
Q3 25
$61.5M
$11.3M
Q2 25
$60.5M
$30.5M
Q1 25
$59.6M
$42.9M
Q4 24
$48.8M
$18.3M
Q3 24
$39.2M
$13.2M
Q2 24
$53.2M
$49.8M
Q1 24
$49.3M
$51.6M
Total Debt
EXFY
EXFY
LAND
LAND
Q4 25
$473.6M
Q3 25
$480.4M
Q2 25
$496.4M
Q1 25
$498.8M
Q4 24
$527.5M
Q3 24
$530.7M
Q2 24
$549.4M
Q1 24
$552.2M
Stockholders' Equity
EXFY
EXFY
LAND
LAND
Q4 25
$132.7M
$670.3M
Q3 25
$135.7M
$661.8M
Q2 25
$131.8M
$670.1M
Q1 25
$134.7M
$689.9M
Q4 24
$128.2M
$687.2M
Q3 24
$119.9M
$691.2M
Q2 24
$114.0M
$708.5M
Q1 24
$106.5M
$723.3M
Total Assets
EXFY
EXFY
LAND
LAND
Q4 25
$186.0M
$1.2B
Q3 25
$186.8M
$1.2B
Q2 25
$187.1M
$1.3B
Q1 25
$189.2M
$1.3B
Q4 24
$173.7M
$1.3B
Q3 24
$176.2M
$1.3B
Q2 24
$192.9M
$1.4B
Q1 24
$184.8M
$1.4B
Debt / Equity
EXFY
EXFY
LAND
LAND
Q4 25
0.71×
Q3 25
0.73×
Q2 25
0.74×
Q1 25
0.72×
Q4 24
0.77×
Q3 24
0.77×
Q2 24
0.78×
Q1 24
0.76×

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
EXFY
EXFY
LAND
LAND
Operating Cash FlowLast quarter
$2.2M
$7.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
1.66×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXFY
EXFY
LAND
LAND
Q4 25
$2.2M
$7.0M
Q3 25
$4.2M
$-12.0M
Q2 25
$8.9M
$3.9M
Q1 25
$4.8M
$4.5M
Q4 24
$7.4M
$29.5M
Q3 24
$3.7M
$-1.4M
Q2 24
$9.3M
$15.9M
Q1 24
$3.5M
$3.4M
Capex Intensity
EXFY
EXFY
LAND
LAND
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%
Cash Conversion
EXFY
EXFY
LAND
LAND
Q4 25
1.66×
Q3 25
-5.77×
Q2 25
Q1 25
0.30×
Q4 24
54.72×
Q3 24
-227.83×
Q2 24
Q1 24
0.25×

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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