EXFY (Expensify, Inc.) Stock Financials & Earnings

EXFYExpensify, Inc.

Mkt Cap$85M

Technology·Software - Application·🇺🇸 United States·NASDAQ

Revenue (TTM)$142M

Net Income (TTM)-$21M

EPS (TTM)-$0.23

Free Cash Flow (TTM)$18M

Gross Margin50.3%

Op. Margin-12.7%

Net Margin-15.1%

FCF Margin12.7%

P/S Ratio (TTM)0.6x

P/E Ratio (TTM)—

YoY Rev Growth+2.1%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$40M	$24M	-$3M
Q2 23	$39M	$22M	-$10M
Q3 23	$36M	$19M	-$15M
Q4 23	$35M	$19M	-$6M
Q1 24	$34M	$19M	-$2M
Q2 24	$33M	$19M	$219K
Q3 24	$35M	$18M	$288K
Q4 24	$37M	$19M	$465K
Q1 25	$36M	$18M	-$1M
Q2 25	$36M	$19M	-$10M
Q3 25	$35M	$17M	-$2M
Q4 25	$35M	$17M	-$4M

Valuation

Operating Cash Flow

Capital Expenditures

CapEx

OpEx vs Revenue Growth (YoY)

Stock-Based Compensation

OpEx Breakdown

Quarter	R&D	G&A	S&M
Q1 23	$5M	$12M	$9M
Q2 23	$5M	$12M	$15M
Q3 23	$7M	$14M	$13M
Q4 23	$6M	$11M	$8M
Q1 24	$6M	$11M	$3M
Q2 24	$6M	$9M	$3M
Q3 24	$6M	$9M	$3M
Q4 24	$7M	$9M	$3M
Q1 25	$5M	$11M	$4M
Q2 25	$5M	$9M	$14M
Q3 25	$7M	$10M	$5M
Q4 25	$5M	$12M	$4M

Rule of 40

Quarter	Rev Growth %	EBITDA Margin %	Rule of 40
Q1 23	-0.7%	-3.2%	-3.9
Q2 23	-9.9%	-21.0%	-31.0
Q3 23	-14.1%	-37.9%	-52.0
Q4 23	-19.0%	-13.3%	-32.3
Q1 24	-16.4%	-1.1%	-17.5
Q2 24	-14.4%	5.6%	-8.8
Q3 24	-3.0%	5.9%	2.9
Q4 24	5.1%	6.6%	11.7
Q1 25	7.6%	1.4%	8.9
Q2 25	7.4%	-23.2%	-15.7
Q3 25	-1.0%	-5.5%	-6.5
Q4 25	-4.9%	-3.5%	-8.4

Revenue by Geography

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$111M	$0	$111M
Q2 23	$98M	$0	$98M
Q3 23	$89M	$0	$89M
Q4 23	$48M	$0	$48M
Q1 24	$49M	$0	$49M
Q2 24	$53M	$0	$53M
Q3 24	$39M	$0	$39M
Q4 24	$49M	$0	$49M
Q1 25	$60M	$0	$60M
Q2 25	$61M	$0	$61M
Q3 25	$61M	$0	$61M
Q4 25	$63M	$0	$63M

Shares Outstanding

Revenue Per Employee

Revenue / Employee