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

Expensify, Inc. is the larger business by last-quarter revenue ($35.2M vs $27.2M, roughly 1.3× SUNation Energy, Inc.). On growth, SUNation Energy, Inc. posted the faster year-over-year revenue change (77.0% vs -4.9%). Over the past eight quarters, SUNation Energy, Inc.'s revenue compounded faster (43.5% 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.

Suncor Energy Inc. is a Canadian integrated energy company based in Calgary, Alberta. It specializes in production of synthetic crude from oil sands. In the 2020 Forbes Global 2000, Suncor Energy was ranked as the 48th-largest public company in the world.

EXFY vs SUNE — Head-to-Head

Bigger by revenue
EXFY
EXFY
1.3× larger
EXFY
$35.2M
$27.2M
SUNE
Growing faster (revenue YoY)
SUNE
SUNE
+81.9% gap
SUNE
77.0%
-4.9%
EXFY
Faster 2-yr revenue CAGR
SUNE
SUNE
Annualised
SUNE
43.5%
2.4%
EXFY

Income Statement — Q4 FY2025 vs Q4 FY2025

Metric
EXFY
EXFY
SUNE
SUNE
Revenue
$35.2M
$27.2M
Net Profit
$2.6M
Gross Margin
49.2%
40.7%
Operating Margin
-11.2%
10.7%
Net Margin
9.6%
Revenue YoY
-4.9%
77.0%
Net Profit YoY
138.2%
EPS (diluted)
$-0.07
$105.59

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
SUNE
SUNE
Q4 25
$35.2M
$27.2M
Q3 25
$35.1M
$19.0M
Q2 25
$35.8M
$13.1M
Q1 25
$36.1M
$12.6M
Q4 24
$37.0M
$15.4M
Q3 24
$35.4M
$14.7M
Q2 24
$33.3M
$13.5M
Q1 24
$33.5M
$13.2M
Net Profit
EXFY
EXFY
SUNE
SUNE
Q4 25
$2.6M
Q3 25
$-2.3M
$-393.0K
Q2 25
$-8.8M
$-9.6M
Q1 25
$-3.2M
$-3.5M
Q4 24
$-6.8M
Q3 24
$-2.2M
$-3.3M
Q2 24
$-2.8M
$-6.9M
Q1 24
$-3.8M
$1.2M
Gross Margin
EXFY
EXFY
SUNE
SUNE
Q4 25
49.2%
40.7%
Q3 25
49.6%
38.0%
Q2 25
51.9%
37.0%
Q1 25
50.6%
35.1%
Q4 24
51.0%
36.4%
Q3 24
51.6%
35.6%
Q2 24
56.9%
35.4%
Q1 24
56.5%
36.4%
Operating Margin
EXFY
EXFY
SUNE
SUNE
Q4 25
-11.2%
10.7%
Q3 25
-6.4%
-1.3%
Q2 25
-28.9%
-16.6%
Q1 25
-4.1%
-17.2%
Q4 24
1.3%
-42.3%
Q3 24
0.8%
-10.9%
Q2 24
0.7%
-15.0%
Q1 24
-5.3%
-16.5%
Net Margin
EXFY
EXFY
SUNE
SUNE
Q4 25
9.6%
Q3 25
-6.6%
-2.1%
Q2 25
-24.6%
-73.5%
Q1 25
-8.8%
-27.7%
Q4 24
-44.4%
Q3 24
-6.2%
-22.4%
Q2 24
-8.3%
-51.2%
Q1 24
-11.3%
9.1%
EPS (diluted)
EXFY
EXFY
SUNE
SUNE
Q4 25
$-0.07
$105.59
Q3 25
$-0.03
$-0.12
Q2 25
$-0.10
$-3.14
Q1 25
$-0.03
$-106.71
Q4 24
$-0.03
$41676.94
Q3 24
$-0.02
$-2350.12
Q2 24
$-0.03
$-11022.91
Q1 24
$-0.04
$-38414.84

Balance Sheet & Financial Strength

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

Metric
EXFY
EXFY
SUNE
SUNE
Cash + ST InvestmentsLiquidity on hand
$63.1M
$7.2M
Total DebtLower is stronger
$6.6M
Stockholders' EquityBook value
$132.7M
$24.3M
Total Assets
$186.0M
$48.2M
Debt / EquityLower = less leverage
0.27×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
EXFY
EXFY
SUNE
SUNE
Q4 25
$63.1M
$7.2M
Q3 25
$61.5M
$5.4M
Q2 25
$60.5M
$3.2M
Q1 25
$59.6M
$1.4M
Q4 24
$48.8M
$839.3K
Q3 24
$39.2M
$1.1M
Q2 24
$53.2M
$1.0M
Q1 24
$49.3M
$1.8M
Total Debt
EXFY
EXFY
SUNE
SUNE
Q4 25
$6.6M
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
Stockholders' Equity
EXFY
EXFY
SUNE
SUNE
Q4 25
$132.7M
$24.3M
Q3 25
$135.7M
$21.7M
Q2 25
$131.8M
$22.1M
Q1 25
$134.7M
$14.8M
Q4 24
$128.2M
$8.5M
Q3 24
$119.9M
$13.1M
Q2 24
$114.0M
$-10.9M
Q1 24
$106.5M
$-11.2M
Total Assets
EXFY
EXFY
SUNE
SUNE
Q4 25
$186.0M
$48.2M
Q3 25
$186.8M
$49.6M
Q2 25
$187.1M
$44.1M
Q1 25
$189.2M
$44.4M
Q4 24
$173.7M
$45.7M
Q3 24
$176.2M
$51.0M
Q2 24
$192.9M
$52.9M
Q1 24
$184.8M
$54.7M
Debt / Equity
EXFY
EXFY
SUNE
SUNE
Q4 25
0.27×
Q3 25
Q2 25
Q1 25
Q4 24
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
SUNE
SUNE
Operating Cash FlowLast quarter
$2.2M
$2.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
0.81×
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
EXFY
EXFY
SUNE
SUNE
Q4 25
$2.2M
$2.1M
Q3 25
$4.2M
$2.4M
Q2 25
$8.9M
$-130.2K
Q1 25
$4.8M
$-3.4M
Q4 24
$7.4M
$-1.9M
Q3 24
$3.7M
$-968.1K
Q2 24
$9.3M
$-776.4K
Q1 24
$3.5M
$-2.6M
Free Cash Flow
EXFY
EXFY
SUNE
SUNE
Q4 25
Q3 25
$2.4M
Q2 25
Q1 25
Q4 24
$-1.9M
Q3 24
$-980.3K
Q2 24
$-788.4K
Q1 24
$-2.7M
FCF Margin
EXFY
EXFY
SUNE
SUNE
Q4 25
Q3 25
12.5%
Q2 25
Q1 25
Q4 24
-12.4%
Q3 24
-6.7%
Q2 24
-5.8%
Q1 24
-20.1%
Capex Intensity
EXFY
EXFY
SUNE
SUNE
Q4 25
Q3 25
0.0%
0.0%
Q2 25
Q1 25
Q4 24
0.0%
0.0%
Q3 24
0.0%
0.1%
Q2 24
0.0%
0.1%
Q1 24
0.0%
0.0%
Cash Conversion
EXFY
EXFY
SUNE
SUNE
Q4 25
0.81×
Q3 25
Q2 25
Q1 25
Q4 24
Q3 24
Q2 24
Q1 24
-2.20×

Financial Flow Comparison

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

Revenue Breakdown by Segment

EXFY
EXFY

Segment breakdown not available.

SUNE
SUNE

Transferred At Point In Time$15.1M55%
Hawaii Energy Connection$10.0M37%
Transferred Over Time$2.1M8%

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