Expensify, Inc. Financial Summary

Quick Answer

Expensify, Inc. reported Total Revenue of $142.10 million for fiscal year 2025.

Expensify, Inc. — Key Financials by Year

Metric 2025 2024 2023 2022 2021 2020
Total Revenue $142.10M
+2.1%
$139.24M
-7.6%
$150.69M
-11.1%
$169.50M
+18.7%
$142.84M
+62.2%
$88.07M
+9.5%
Revenue (ASC 606) $142.10M
+2.1%
$139.24M
-7.6%
$150.69M
-11.1%
$169.50M
+18.7%
$142.84M
+62.2%
$88.07M
+9.5%
Net Income -$21.39M
-112.7%
-$10.05M
+75.7%
-$41.46M
-53.5%
-$27.01M
-99.2%
-$13.56M
-692.9%
-$1.71M
-237.8%
Diluted EPS -$0.23
-91.7%
-$0.12
+76.0%
-$0.50
-51.5%
-$0.33
+8.3%
-$0.36
-500.0%
-$0.06
Total Assets $185.99M
+7.1%
$173.68M
-1.8%
$176.78M
-15.9%
$210.24M
+14.8%
$183.21M
+108.8%
$87.73M
Cash and Equivalents $63.08M
+29.3%
$48.77M
+2.7%
$47.51M
-54.2%
$103.79M
+5.5%
$98.40M
+186.0%
$34.40M
+244.4%
Long-Term Debt $0.00
-100.0%
$51.43M
-1.2%
$52.07M
+71.7%
$30.32M
Stockholders Equity $132.75M
+3.5%
$128.24M
+27.3%
$100.74M
+3.6%
$97.24M
+26.9%
$76.61M
+346.9%
-$31.04M
+36.0%
R&D Expense $20.68M
-16.1%
$24.64M
+5.4%
$23.37M
+70.7%
$13.69M
+24.6%
$10.99M
+63.3%
$6.73M
+63.7%
Operating Income -$18.02M
-2097.4%
-$820.0K
+97.5%
-$33.15M
-117.6%
-$15.23M
-48.6%
-$10.25M
-280.8%
$5.67M
+354.7%
Gross Profit $71.53M
-4.6%
$75.00M
-10.5%
$83.80M
-21.6%
$106.83M
+19.8%
$89.14M
+60.2%
$55.66M
+14.8%

Most Recent Quarter

Metric Quarter Ending Value YoY QoQ
Total Revenue September 30, 2025 $35.06M -1.0% -2.0%
Revenue (ASC 606) September 30, 2025 $35.06M -1.0% -2.0%
Net Income September 30, 2025 -$2.31M -5.3% +73.7%
Diluted EPS September 30, 2025 -$0.03 -50.0% +70.0%
Total Assets September 30, 2025 $186.84M +6.0% -0.2%
Cash and Equivalents September 30, 2025 $61.45M +56.9% +1.5%
Long-Term Debt September 30, 2023 $35.58M -31.0% -17.6%
Stockholders Equity September 30, 2025 $135.66M +13.1% +2.9%
R&D Expense September 30, 2025 $4.91M -12.7% -4.9%
Operating Income September 30, 2025 -$2.26M -883.7% +78.2%
Gross Profit September 30, 2025 $17.40M -4.7% -6.3%
Shares Outstanding September 30, 2021 36.24M +23.4%
  • Expensify, Inc. reported Total Revenue of $142.10 million for fiscal year 2025.
  • Expensify, Inc. showed an increase of +2.1% in Total Revenue compared to the prior fiscal year.
  • Expensify, Inc. reported Revenue (ASC 606) of $142.10 million for fiscal year 2025.
  • Expensify, Inc. showed an increase of +2.1% in Revenue (ASC 606) compared to the prior fiscal year.
  • Expensify, Inc. reported Net Income of -$21.39 million for fiscal year 2025.
  • Expensify, Inc. showed a decrease of -112.7% in Net Income compared to the prior fiscal year.
  • Expensify, Inc. reported Diluted EPS of $0.23 per share (loss) for fiscal year 2025.
  • Expensify, Inc. showed a decrease of -91.7% in Diluted EPS compared to the prior fiscal year.
  • Expensify, Inc. reported Total Assets of $185.99 million for fiscal year 2025.
  • Expensify, Inc. showed an increase of +7.1% in Total Assets compared to the prior fiscal year.
  • Expensify, Inc. reported Cash and Equivalents of $63.08 million for fiscal year 2025.
  • Expensify, Inc. showed an increase of +29.3% in Cash and Equivalents compared to the prior fiscal year.
  • Expensify, Inc. reported Long-Term Debt of $0.00 for fiscal year 2023.
  • Expensify, Inc. showed a decrease of -100.0% in Long-Term Debt compared to the prior fiscal year.
  • Expensify, Inc. reported Stockholders Equity of $132.75 million for fiscal year 2025.
  • Expensify, Inc. showed an increase of +3.5% in Stockholders Equity compared to the prior fiscal year.
  • Expensify, Inc. reported R&D Expense of $20.68 million for fiscal year 2025.
  • Expensify, Inc. showed a decrease of -16.1% in R&D Expense compared to the prior fiscal year.
  • Expensify, Inc. reported Operating Income of -$18.02 million for fiscal year 2025.
  • Expensify, Inc. showed a decrease of -2097.4% in Operating Income compared to the prior fiscal year.
  • Expensify, Inc. reported Gross Profit of $71.53 million for fiscal year 2025.
  • Expensify, Inc. showed a decrease of -4.6% in Gross Profit compared to the prior fiscal year.
  • All figures are sourced from SEC EDGAR XBRL filings, last verified June 17, 2026.

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