Saturday 17 October 2026 Export EXFY’s income statement to Excel — free account

Expensify, Inc.

Expensify, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $142.1 million, up 2.06% from fiscal 2024. In the quarter to June 2026, revenue fell 5.31%, EPS grew 60.0% and free cash flow grew 4.91%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

2.42 0.11 −4.35%

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Market cap: $230.3M
P/E: 0.0×
Fwd P/E: −4.3×
Dividend yield: —
F-score: 3/9
Altman Z: 1.41
Beneish M: −3.69
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 2.19

Total sells 0.49

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	1	—	—	—	1	—	—	—	—	—	—	—
Sell	2	11	—	1	6	2	2	2	—	—	—	—

Insider Ownership 42.87%

Capital & Financial Ratios $m

Market Cap 230.25

Revenue 138.10

Net Income (15.62)

Free Cash Flow 8.23

Net Debt (65.76)

Current Ratio 3.50

Debt/Equity 0.00

P/E ratio 0.00

Fwd P/E (4.26)

P/S ratio 1.67

P/B ratio 1.72

Past 5Y EPS Growth —

This Y EPS Growth 106.89%

Next Y EPS Growth (16.67%)

Next Y revenue growth (4.36%)

Next 5Y EPS Growth 27.42%

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 51.13%

10-year low 10-year high

P/B against its own 10 years 43.14%

10-year low 10-year high

EV/Sales against its own 10 years 50.89%

10-year low 10-year high

EV/FCF against its own 10 years 65.47%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

	total	individual payouts
2025	Powerpack
2024	Powerpack
2023	Powerpack
2022	Powerpack
2021	Powerpack
2020	Powerpack
2019	Powerpack

predictions special payouts not included in total or ratios

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	48	49	63	66
Receivables	14	13	13	11
Inventory	—	—	—	—
Other	70	63	72	73
	137	137	153	154

	2023	2024	2025	Q'26
Payables	1	0	0	1
ST’ Debt	23	—	—	—
Other	34	29	28	34
	68	38	46	44

Compound Annual Growth %

	10y	5y	3y
Sales	—	10.04%	(5.71%)
Cash Flow	—	21.51%	(15.14%)
Earnings	—	0.00%	0.00%
Book Value	—	56.66%	10.93%

Revenue $m

	Mar	Jun	Sep	Dec	Year
’26	34	34	—	—	—
’25	36	36	35	35	142
’24	34	33	35	37	139
’23	40	39	36	35	151
’22	40	43	42	43	169
’21	30	35	37	40	143
’20	—	19	22	26	88

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	0	8	—	—	—
’25	8	8	2	2	20
’24	3	9	4	7	24
’23	8	0	(5)	(1)	2
’22	11	16	(1)	7	33
’21	10	14	10	(29)	5
’20	—	(4)	(4)	12	8

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(1)	7	—	—	—
’25	7	7	1	1	17
’24	1	7	2	6	16
’23	7	(2)	(7)	(3)	(6)
’22	11	16	(2)	6	31
’21	9	12	7	(30)	(2)
’20	—	(4)	(7)	11	3

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.02)	(0.04)	—	—	—
’25	(0.03)	(0.10)	(0.03)	(0.08)	(0.23)
’24	(0.04)	(0.03)	(0.02)	(0.01)	(0.12)
’23	(0.07)	(0.14)	(0.21)	(0.09)	(0.51)
’22	(0.09)	(0.10)	(0.10)	(0.04)	(0.33)
’21	0.20	0.16	(0.18)	(0.82)	(0.36)
’20	—	0.00	(0.25)	0.03	(0.06)

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	—	—	—	—	—	32.85	8.08	1.52	1.24	1.33	Analyst estimates 2026–2028 Powerpack
	High	—	—	—	—	—	51.06	44.55	11.65	4.13	4.00
People
People	Employees	—	—	—	—	133	144	138	133	115	117
	Revenue/emp, $m	—	—	—	0.00	0.66	0.99	1.23	1.13	1.21	1.21
Income, $m
Income, $m	Revenue	—	—	—	80	88	143	169	151	139	142
	Gross margin, %	—	—	—	60.25	63.20	62.41	63.03	55.61	53.86	50.34
	EBT	—	—	—	(2)	3	(14)	(21)	(38)	(2)	(16)
	EBT margin, %	—	—	—	(1.88)	3.35	(9.61)	(12.18)	(25.53)	(1.72)	(11.47)
	Net income	—	0	—	1	(2)	(14)	(27)	(41)	(10)	(21)
	Depreciation	—	—	—	4	5	6	6	6	7	9
Per share, $
Per share, $	Revenue	—	—	—	3.10	3.21	3.76	2.10	1.83	1.59	1.54
	Earnings	—	—	—	0.05	(0.06)	(0.36)	(0.33)	(0.51)	(0.12)	(0.23)
	Cash flow	—	—	—	0.48	0.28	0.14	0.41	0.02	0.27	0.22
	Capex	—	—	—	(0.19)	(0.16)	(0.20)	(0.03)	(0.09)	(0.09)	(0.04)
	Free cash flow	—	—	—	0.29	0.12	(0.06)	0.38	(0.07)	0.19	0.18
	Book value	—	—	—	(0.13)	0.51	2.01	1.20	1.22	1.47	1.44
	Shares, m	—	—	—	26	27	38	81	82	87	92
Valuation, ×
Valuation, ×	P/E	—	—	—	122.71	122.71	0.00	0.00	0.00	0.00	0.00
	P/S	—	—	—	11.05	11.05	11.72	4.09	1.34	2.10	0.98
	P/B	—	—	—	0.00	0.00	21.85	7.13	2.01	2.28	1.05
	EV/Sales	—	—	—	11.04	11.04	11.50	3.87	1.41	2.17	0.95
	EV/FCF	—	—	—	37.38	37.38	(772.06)	21.40	(37.11)	20.32	8.27
Cash, $m
Cash, $m	Operating cash flow	—	—	—	12	8	5	33	2	24	20
	Capex	—	—	—	(5)	(4)	(8)	(2)	(7)	(8)	(4)
	Free cash flow	—	—	—	8	3	(2)	31	(6)	16	17
Balance, $m
Balance, $m	Working capital	—	—	—	6	24	104	127	69	99	107
	Total debt	—	—	—	39	48	68	67	23	—	—
	Net debt	—	—	—	29	13	(31)	(37)	(25)	(49)	(63)
	Shareholders’ equity	—	—	—	(3)	14	77	97	101	128	133
Returns, %
Returns, %	ROA	—	—	—	0.00	(2.08)	(10.01)	(13.73)	(21.42)	(5.74)	(11.89)
	ROIC	—	—	—	2.99	12.91	(13.98)	(15.75)	(27.30)	(0.64)	(16.17)
	ROE	—	—	—	0.00	4.30	(59.49)	(31.07)	(41.88)	(8.78)	(16.39)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
ALIT Alight, Inc.	$248.4M	— (loss-making)	— (loss-making)	−3.22% (below 0%: shrinking)	n/m	−17.24% (below 0%: shrinking)	27.79%	(7.83%)	Compare
XPER Xperi Inc.	$243.9M	— (loss-making)	— (loss-making)	+8.08% (above 0%: growing)	n/m	+42.92% (above 0%: growing)	68.50%	2.54%	Compare
IMMR Immersion Corporation	$237.1M	19.9×	24.9×	+0.81% (above 0%: growing)	n/m	+27.93% (above 0%: growing)	20.51%	(6.79%)	Compare
BLND Blend Labs, Inc.	$236.5M	— (loss-making)	— (loss-making)	+6.98% (above 0%: growing)	n/m	+170.31% (above 0%: growing)	73.54%	(4.66%)	Compare
EXFY Expensify, Inc.	$230.3M	— (loss-making)	— (loss-making)	−5.31% (below 0%: shrinking)	n/m	+4.91% (above 0%: growing)	48.22%	(8.63%)
SMRT SmartRent, Inc.	$228.0M	— (loss-making)	— (loss-making)	+4.01% (above 0%: growing)	n/m	+79.52% (above 0%: growing)	40.71%	(16.22%)	Compare
SVCO Silvaco Group, Inc.	$223.0M	— (loss-making)	— (loss-making)	+47.79% (above 0%: growing)	n/m	+64.65% (above 0%: growing)	85.15%	(22.46%)	Compare
KLTR Kaltura, Inc.	$221.2M	— (loss-making)	— (loss-making)	+5.47% (above 0%: growing)	n/m	−206.36% (below 0%: shrinking)	73.65%	(1.65%)	Compare
DHX DHI Group, Inc.	$216.7M	162×	19.1×	−2.14% (below 0%: shrinking)	n/m	−7.29% (below 0%: shrinking)	79.90%	12.16%	Compare
Median of peers	$232.3M	—	—	+4.74%	—	+35.43%	71.02%	(5.72%)

All 237 Software Application stocks →

Expensify, Inc. (EXFY) key facts

Strength: Expensify, Inc.’s revenue for fiscal 2025 (year ended December 2025) was $142.1 million, up 2.06% from fiscal 2024.
Expensify, Inc. (EXFY) is a Software Application company in the Technology sector, listed on Nasdaq.
As of October 16, 2026, EXFY traded at $2.42, a market capitalization of $230.3 million.
Return on equity was −16.4% and debt-to-equity 0.00.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is 1.41 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.