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Side-by-side financial comparison of Expensify, Inc. (EXFY) and RIGEL PHARMACEUTICALS INC (RIGL). Click either name above to swap in a different company.

RIGEL PHARMACEUTICALS INC is the larger business by last-quarter revenue ($69.8M vs $35.2M, roughly 2.0× Expensify, Inc.). On growth, RIGEL PHARMACEUTICALS INC posted the faster year-over-year revenue change (21.2% vs -4.9%). Over the past eight quarters, RIGEL PHARMACEUTICALS INC's revenue compounded faster (53.7% 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.

Rigel Pharmaceuticals Inc is a clinical-stage biotechnology company focused on developing and commercializing targeted small molecule therapies for autoimmune, inflammatory, and hematologic diseases. Its approved flagship product treats adult immune thrombocytopenia, with primary operations and core markets in the United States, addressing unmet medical needs for underserved patient groups.

EXFY vs RIGL — Head-to-Head

Bigger by revenue
RIGL
RIGL
2.0× larger
RIGL
$69.8M
$35.2M
EXFY
Growing faster (revenue YoY)
RIGL
RIGL
+26.1% gap
RIGL
21.2%
-4.9%
EXFY
Faster 2-yr revenue CAGR
RIGL
RIGL
Annualised
RIGL
53.7%
2.4%
EXFY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXFY
EXFY
RIGL
RIGL
Revenue
$35.2M
$69.8M
Net Profit
$268.1M
Gross Margin
49.2%
91.5%
Operating Margin
-11.2%
33.2%
Net Margin
384.0%
Revenue YoY
-4.9%
21.2%
Net Profit YoY
1769.2%
EPS (diluted)
$-0.07
$14.11

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.

Revenue
EXFY
EXFY
RIGL
RIGL
Q4 25
$35.2M
$69.8M
Q3 25
$35.1M
$69.5M
Q2 25
$35.8M
$101.7M
Q1 25
$36.1M
$53.3M
Q4 24
$37.0M
$57.6M
Q3 24
$35.4M
$55.3M
Q2 24
$33.3M
$36.8M
Q1 24
$33.5M
$29.5M
Net Profit
EXFY
EXFY
RIGL
RIGL
Q4 25
$268.1M
Q3 25
$-2.3M
$27.9M
Q2 25
$-8.8M
$59.6M
Q1 25
$-3.2M
$11.4M
Q4 24
$14.3M
Q3 24
$-2.2M
$12.4M
Q2 24
$-2.8M
$-1.0M
Q1 24
$-3.8M
$-8.2M
Gross Margin
EXFY
EXFY
RIGL
RIGL
Q4 25
49.2%
91.5%
Q3 25
49.6%
93.2%
Q2 25
51.9%
95.6%
Q1 25
50.6%
91.7%
Q4 24
51.0%
89.9%
Q3 24
51.6%
85.5%
Q2 24
56.9%
92.4%
Q1 24
56.5%
93.1%
Operating Margin
EXFY
EXFY
RIGL
RIGL
Q4 25
-11.2%
33.2%
Q3 25
-6.4%
40.9%
Q2 25
-28.9%
60.1%
Q1 25
-4.1%
23.9%
Q4 24
1.3%
28.9%
Q3 24
0.8%
25.4%
Q2 24
0.7%
1.2%
Q1 24
-5.3%
-23.6%
Net Margin
EXFY
EXFY
RIGL
RIGL
Q4 25
384.0%
Q3 25
-6.6%
40.2%
Q2 25
-24.6%
58.6%
Q1 25
-8.8%
21.5%
Q4 24
24.9%
Q3 24
-6.2%
22.5%
Q2 24
-8.3%
-2.8%
Q1 24
-11.3%
-27.9%
EPS (diluted)
EXFY
EXFY
RIGL
RIGL
Q4 25
$-0.07
$14.11
Q3 25
$-0.03
$1.46
Q2 25
$-0.10
$3.28
Q1 25
$-0.03
$0.63
Q4 24
$-0.03
$0.82
Q3 24
$-0.02
$0.70
Q2 24
$-0.03
$-0.06
Q1 24
$-0.04
$-0.47

Balance Sheet & Financial Strength

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

Metric
EXFY
EXFY
RIGL
RIGL
Cash + ST InvestmentsLiquidity on hand
$63.1M
$155.0M
Total DebtLower is stronger
$52.5M
Stockholders' EquityBook value
$132.7M
$391.5M
Total Assets
$186.0M
$513.6M
Debt / EquityLower = less leverage
0.13×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXFY
EXFY
RIGL
RIGL
Q4 25
$63.1M
$155.0M
Q3 25
$61.5M
$137.1M
Q2 25
$60.5M
$108.4M
Q1 25
$59.6M
$77.1M
Q4 24
$48.8M
$77.3M
Q3 24
$39.2M
$61.1M
Q2 24
$53.2M
$49.1M
Q1 24
$49.3M
$49.5M
Total Debt
EXFY
EXFY
RIGL
RIGL
Q4 25
$52.5M
Q3 25
$60.0M
Q2 25
$60.0M
Q1 25
$60.0M
Q4 24
$60.0M
Q3 24
$60.0M
Q2 24
$60.0M
Q1 24
$60.0M
Stockholders' Equity
EXFY
EXFY
RIGL
RIGL
Q4 25
$132.7M
$391.5M
Q3 25
$135.7M
$117.6M
Q2 25
$131.8M
$81.9M
Q1 25
$134.7M
$18.6M
Q4 24
$128.2M
$3.3M
Q3 24
$119.9M
$-14.6M
Q2 24
$114.0M
$-29.9M
Q1 24
$106.5M
$-31.7M
Total Assets
EXFY
EXFY
RIGL
RIGL
Q4 25
$186.0M
$513.6M
Q3 25
$186.8M
$242.5M
Q2 25
$187.1M
$206.7M
Q1 25
$189.2M
$176.0M
Q4 24
$173.7M
$164.0M
Q3 24
$176.2M
$139.4M
Q2 24
$192.9M
$128.4M
Q1 24
$184.8M
$126.5M
Debt / Equity
EXFY
EXFY
RIGL
RIGL
Q4 25
0.13×
Q3 25
0.51×
Q2 25
0.73×
Q1 25
3.23×
Q4 24
18.25×
Q3 24
Q2 24
Q1 24

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
RIGL
RIGL
Operating Cash FlowLast quarter
$2.2M
$22.0M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.08×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXFY
EXFY
RIGL
RIGL
Q4 25
$2.2M
$22.0M
Q3 25
$4.2M
$24.0M
Q2 25
$8.9M
$30.5M
Q1 25
$4.8M
$-893.0K
Q4 24
$7.4M
$14.5M
Q3 24
$3.7M
$21.7M
Q2 24
$9.3M
$302.0K
Q1 24
$3.5M
$-5.0M
Capex Intensity
EXFY
EXFY
RIGL
RIGL
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
RIGL
RIGL
Q4 25
0.08×
Q3 25
0.86×
Q2 25
0.51×
Q1 25
-0.08×
Q4 24
1.01×
Q3 24
1.75×
Q2 24
Q1 24

Financial Flow Comparison

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

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