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

RHYTHM PHARMACEUTICALS, INC. is the larger business by last-quarter revenue ($57.3M vs $35.2M, roughly 1.6× Expensify, Inc.). On growth, RHYTHM PHARMACEUTICALS, INC. posted the faster year-over-year revenue change (36.9% vs -4.9%). Over the past eight quarters, RHYTHM PHARMACEUTICALS, INC.'s revenue compounded faster (48.5% 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.

Rhythm Pharmaceuticals is a biopharmaceutical firm focused on developing and commercializing targeted therapies for rare genetic disorders causing severe unmanageable obesity, including POMC deficiency, LEPR deficiency, and Bardet-Biedl syndrome. It serves patients in North America and Europe who lack effective standard treatments for their chronic life-altering conditions.

EXFY vs RYTM — Head-to-Head

Bigger by revenue
RYTM
RYTM
1.6× larger
RYTM
$57.3M
$35.2M
EXFY
Growing faster (revenue YoY)
RYTM
RYTM
+41.8% gap
RYTM
36.9%
-4.9%
EXFY
Faster 2-yr revenue CAGR
RYTM
RYTM
Annualised
RYTM
48.5%
2.4%
EXFY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXFY
EXFY
RYTM
RYTM
Revenue
$35.2M
$57.3M
Net Profit
$-47.5M
Gross Margin
49.2%
91.6%
Operating Margin
-11.2%
-82.2%
Net Margin
-83.0%
Revenue YoY
-4.9%
36.9%
Net Profit YoY
-9.6%
EPS (diluted)
$-0.07
$-0.73

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
RYTM
RYTM
Q4 25
$35.2M
$57.3M
Q3 25
$35.1M
$51.3M
Q2 25
$35.8M
$48.5M
Q1 25
$36.1M
$32.7M
Q4 24
$37.0M
$41.8M
Q3 24
$35.4M
$33.3M
Q2 24
$33.3M
$29.1M
Q1 24
$33.5M
$26.0M
Net Profit
EXFY
EXFY
RYTM
RYTM
Q4 25
$-47.5M
Q3 25
$-2.3M
$-52.9M
Q2 25
$-8.8M
$-46.6M
Q1 25
$-3.2M
$-49.5M
Q4 24
$-43.3M
Q3 24
$-2.2M
$-43.6M
Q2 24
$-2.8M
$-32.3M
Q1 24
$-3.8M
$-141.4M
Gross Margin
EXFY
EXFY
RYTM
RYTM
Q4 25
49.2%
91.6%
Q3 25
49.6%
89.3%
Q2 25
51.9%
88.6%
Q1 25
50.6%
88.8%
Q4 24
51.0%
90.9%
Q3 24
51.6%
88.5%
Q2 24
56.9%
89.9%
Q1 24
56.5%
89.2%
Operating Margin
EXFY
EXFY
RYTM
RYTM
Q4 25
-11.2%
-82.2%
Q3 25
-6.4%
-102.6%
Q2 25
-28.9%
-93.4%
Q1 25
-4.1%
-143.7%
Q4 24
1.3%
-98.6%
Q3 24
0.8%
-132.0%
Q2 24
0.7%
-139.2%
Q1 24
-5.3%
-538.7%
Net Margin
EXFY
EXFY
RYTM
RYTM
Q4 25
-83.0%
Q3 25
-6.6%
-103.1%
Q2 25
-24.6%
-96.1%
Q1 25
-8.8%
-151.4%
Q4 24
-103.6%
Q3 24
-6.2%
-131.2%
Q2 24
-8.3%
-110.9%
Q1 24
-11.3%
-544.4%
EPS (diluted)
EXFY
EXFY
RYTM
RYTM
Q4 25
$-0.07
$-0.73
Q3 25
$-0.03
$-0.82
Q2 25
$-0.10
$-0.75
Q1 25
$-0.03
$-0.81
Q4 24
$-0.03
$-0.71
Q3 24
$-0.02
$-0.73
Q2 24
$-0.03
$-0.55
Q1 24
$-0.04
$-2.35

Balance Sheet & Financial Strength

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

Metric
EXFY
EXFY
RYTM
RYTM
Cash + ST InvestmentsLiquidity on hand
$63.1M
$388.9M
Total DebtLower is stronger
Stockholders' EquityBook value
$132.7M
$139.1M
Total Assets
$186.0M
$480.2M
Debt / EquityLower = less leverage

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXFY
EXFY
RYTM
RYTM
Q4 25
$63.1M
$388.9M
Q3 25
$61.5M
$416.1M
Q2 25
$60.5M
$291.0M
Q1 25
$59.6M
$314.5M
Q4 24
$48.8M
$320.6M
Q3 24
$39.2M
$298.4M
Q2 24
$53.2M
$319.1M
Q1 24
$49.3M
$201.2M
Stockholders' Equity
EXFY
EXFY
RYTM
RYTM
Q4 25
$132.7M
$139.1M
Q3 25
$135.7M
$148.8M
Q2 25
$131.8M
$-11.9M
Q1 25
$134.7M
$18.9M
Q4 24
$128.2M
$21.7M
Q3 24
$119.9M
$11.2M
Q2 24
$114.0M
$39.3M
Q1 24
$106.5M
$61.6M
Total Assets
EXFY
EXFY
RYTM
RYTM
Q4 25
$186.0M
$480.2M
Q3 25
$186.8M
$506.9M
Q2 25
$187.1M
$372.7M
Q1 25
$189.2M
$386.7M
Q4 24
$173.7M
$392.3M
Q3 24
$176.2M
$363.6M
Q2 24
$192.9M
$381.8M
Q1 24
$184.8M
$258.7M

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
RYTM
RYTM
Operating Cash FlowLast quarter
$2.2M
$-25.4M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXFY
EXFY
RYTM
RYTM
Q4 25
$2.2M
$-25.4M
Q3 25
$4.2M
$-26.6M
Q2 25
$8.9M
$-23.3M
Q1 25
$4.8M
$-40.4M
Q4 24
$7.4M
$-18.8M
Q3 24
$3.7M
$-25.2M
Q2 24
$9.3M
$-29.1M
Q1 24
$3.5M
$-40.7M
Capex Intensity
EXFY
EXFY
RYTM
RYTM
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%

Financial Flow Comparison

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

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