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Side-by-side financial comparison of Expensify, Inc. (EXFY) and READING INTERNATIONAL INC (RDI). Click either name above to swap in a different company.
READING INTERNATIONAL INC is the larger business by last-quarter revenue ($50.3M vs $35.2M, roughly 1.4× Expensify, Inc.). On growth, Expensify, Inc. posted the faster year-over-year revenue change (-4.9% vs -14.2%). Over the past eight quarters, READING INTERNATIONAL INC's revenue compounded faster (5.6% 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.
The Reading Company was a Philadelphia-headquartered railroad that provided passenger and freight transport in eastern Pennsylvania and neighboring states from 1924 until its acquisition by Conrail in 1976.
EXFY vs RDI — Head-to-Head
Income Statement — Q4 FY2025 vs Q4 FY2025
| Metric | | |
|---|---|---|
| Revenue | $35.2M | $50.3M |
| Net Profit | — | $-2.6M |
| Gross Margin | 49.2% | — |
| Operating Margin | -11.2% | -1.9% |
| Net Margin | — | -5.1% |
| Revenue YoY | -4.9% | -14.2% |
| Net Profit YoY | — | -14.5% |
| EPS (diluted) | $-0.07 | $-0.11 |
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 | $50.3M | ||
| Q3 25 | $35.1M | $52.2M | ||
| Q2 25 | $35.8M | $60.4M | ||
| Q1 25 | $36.1M | $40.2M | ||
| Q4 24 | $37.0M | $58.6M | ||
| Q3 24 | $35.4M | $60.1M | ||
| Q2 24 | $33.3M | $46.8M | ||
| Q1 24 | $33.5M | $45.1M |
| Q4 25 | — | $-2.6M | ||
| Q3 25 | $-2.3M | $-4.2M | ||
| Q2 25 | $-8.8M | $-2.7M | ||
| Q1 25 | $-3.2M | $-4.8M | ||
| Q4 24 | — | $-2.2M | ||
| Q3 24 | $-2.2M | $-7.0M | ||
| Q2 24 | $-2.8M | $-12.8M | ||
| Q1 24 | $-3.8M | $-13.2M |
| 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% | -1.9% | ||
| Q3 25 | -6.4% | -0.6% | ||
| Q2 25 | -28.9% | 4.8% | ||
| Q1 25 | -4.1% | -17.2% | ||
| Q4 24 | 1.3% | 2.6% | ||
| Q3 24 | 0.8% | -0.6% | ||
| Q2 24 | 0.7% | -16.4% | ||
| Q1 24 | -5.3% | -16.7% |
| Q4 25 | — | -5.1% | ||
| Q3 25 | -6.6% | -8.0% | ||
| Q2 25 | -24.6% | -4.4% | ||
| Q1 25 | -8.8% | -11.8% | ||
| Q4 24 | — | -3.8% | ||
| Q3 24 | -6.2% | -11.7% | ||
| Q2 24 | -8.3% | -27.4% | ||
| Q1 24 | -11.3% | -29.4% |
| Q4 25 | $-0.07 | $-0.11 | ||
| Q3 25 | $-0.03 | $-0.18 | ||
| Q2 25 | $-0.10 | $-0.12 | ||
| Q1 25 | $-0.03 | $-0.21 | ||
| Q4 24 | $-0.03 | $-0.11 | ||
| Q3 24 | $-0.02 | $-0.31 | ||
| Q2 24 | $-0.03 | $-0.57 | ||
| Q1 24 | $-0.04 | $-0.59 |
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 | $10.5M |
| Total DebtLower is stronger | — | $185.1M |
| Stockholders' EquityBook value | $132.7M | $-18.2M |
| Total Assets | $186.0M | $434.9M |
| Debt / EquityLower = less leverage | — | — |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $63.1M | $10.5M | ||
| Q3 25 | $61.5M | $8.1M | ||
| Q2 25 | $60.5M | $9.1M | ||
| Q1 25 | $59.6M | $5.9M | ||
| Q4 24 | $48.8M | $12.4M | ||
| Q3 24 | $39.2M | $10.1M | ||
| Q2 24 | $53.2M | $9.3M | ||
| Q1 24 | $49.3M | $7.5M |
| Q4 25 | — | $185.1M | ||
| Q3 25 | — | — | ||
| Q2 25 | — | — | ||
| Q1 25 | — | — | ||
| Q4 24 | — | $202.7M | ||
| Q3 24 | — | — | ||
| Q2 24 | — | — | ||
| Q1 24 | — | — |
| Q4 25 | $132.7M | $-18.2M | ||
| Q3 25 | $135.7M | $-12.1M | ||
| Q2 25 | $131.8M | $-7.7M | ||
| Q1 25 | $134.7M | $-8.1M | ||
| Q4 24 | $128.2M | $-4.4M | ||
| Q3 24 | $119.9M | $1.6M | ||
| Q2 24 | $114.0M | $6.5M | ||
| Q1 24 | $106.5M | $18.0M |
| Q4 25 | $186.0M | $434.9M | ||
| Q3 25 | $186.8M | $435.2M | ||
| Q2 25 | $187.1M | $438.1M | ||
| Q1 25 | $189.2M | $441.0M | ||
| Q4 24 | $173.7M | $471.0M | ||
| Q3 24 | $176.2M | $495.7M | ||
| Q2 24 | $192.9M | $494.9M | ||
| Q1 24 | $184.8M | $494.9M |
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 | $4.3M |
| Free Cash FlowOCF − Capex | — | $4.1M |
| FCF MarginFCF / Revenue | — | 8.2% |
| Capex IntensityCapex / Revenue | — | 0.3% |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | — | $-2.9M |
8-quarter trend — quarters aligned by calendar period.
| Q4 25 | $2.2M | $4.3M | ||
| Q3 25 | $4.2M | $295.0K | ||
| Q2 25 | $8.9M | $1.6M | ||
| Q1 25 | $4.8M | $-7.7M | ||
| Q4 24 | $7.4M | $8.0M | ||
| Q3 24 | $3.7M | $1.3M | ||
| Q2 24 | $9.3M | $-10.4M | ||
| Q1 24 | $3.5M | $-2.8M |
| Q4 25 | — | $4.1M | ||
| Q3 25 | — | $-246.0K | ||
| Q2 25 | — | $1.2M | ||
| Q1 25 | — | $-8.0M | ||
| Q4 24 | — | $7.0M | ||
| Q3 24 | — | $-1.1M | ||
| Q2 24 | — | $-10.6M | ||
| Q1 24 | — | $-4.7M |
| Q4 25 | — | 8.2% | ||
| Q3 25 | — | -0.5% | ||
| Q2 25 | — | 1.9% | ||
| Q1 25 | — | -19.8% | ||
| Q4 24 | — | 12.0% | ||
| Q3 24 | — | -1.8% | ||
| Q2 24 | — | -22.7% | ||
| Q1 24 | — | -10.4% |
| Q4 25 | — | 0.3% | ||
| Q3 25 | 0.0% | 1.0% | ||
| Q2 25 | — | 0.6% | ||
| Q1 25 | — | 0.6% | ||
| Q4 24 | 0.0% | 1.7% | ||
| Q3 24 | 0.0% | 4.0% | ||
| Q2 24 | 0.0% | 0.5% | ||
| Q1 24 | 0.0% | 4.3% |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
EXFY
Segment breakdown not available.
RDI
| Cinema Exhibition Segment | $46.9M | 93% |
| Real Estate Revenue | $3.4M | 7% |
