What is Expensify, Inc.'s market cap?

Expensify, Inc. (EXFY) has a market capitalization of $174.6M and trades on NASDAQ.

What is Expensify, Inc.'s revenue and profitability?

Expensify, Inc. generated $140.0M in trailing twelve-month revenue with a net loss of $20.6M, representing a net margin of -14.7%. Gross margin stands at 49.6%, with free cash flow of $12.3M. These figures are based on the Q1 2026 filing.

Who are Expensify, Inc.'s competitors?

Expensify, Inc.'s key competitors include Bill.com, Corpay, Inc., XBP Global Holdings, Inc. Common Stock, and others. These companies compete in similar markets and product categories.

Who does Expensify, Inc. partner with?

Expensify, Inc.'s notable partners include Visa, The Bancorp Bank, N.A., Marqeta, Inc., and others.

What subsidiaries does Expensify, Inc. have?

Expensify, Inc.'s subsidiaries include Expensify.org.

Where is Expensify, Inc. headquartered?

Expensify, Inc. is headquartered in United States of America and employs approximately 133 people. It has been publicly traded since 2021.

Expensify, Inc.

EXFY

Expensify provides a cloud-based expense management platform designed to automate the entire preaccounting journey for businesses of all sizes.

Market cap

$174.55M-9.2%

Revenue$140.0M-1.3%

Net income-$20.6M-118%

Free cash flow$12.3M-56.1%

EPS (diluted)-$0.23-130%

Trailing twelve months · change vs. prior year

Table of contents

Earnings

Q1 2026 report

May 7, 2026

Revenue$34.0MMiss by $281.0K EPS$0.04Beat by $0.02

Read the full report

Next report

Aug 6, 2026 (In 1 week)

Revenue estimate$33.7M

EPS estimate$0.02

Financials

Q1 2026

Income statement

See full

Revenue$34.0M-5.8%

Gross profit$16.2M-11.4%

Operating income-$2.0M-32.6%

Net income-$2.3M+26.3%

EPS (diluted)-$0.02+33.3%

Balance sheet

See full

Cash & equivalents$109.6M+13.8%

Total equity$138.5M+2.9%

Total assets$190.6M+0.7%

Cash flow

See full

Operating cash flow$118.0K-98.5%

CapEx$182.0K+4.6%

Free cash flow-$64.0K-101%

Valuation & ratios

Valuation

See full

Market cap$174.55M-9.2%

P/S1.3×-0.2×

Profitability

See full

Gross margin49.6%-2.8pp

Operating margin-13.2%—

Net margin-14.7%-86.5pp

FCF margin8.8%-11.0pp

Returns & leverage

See full

Return on equity-15.1%+177pp

Current ratio3.5×+0.2×

Segments

By product

See full

Subscription fees$30.9M-6.9%

Interchange$5.5M+10.1%

Cashback rewards-$2.6M-15.9%

Competitors

By market cap

Corpay$24.8B+5.6%

Navan, Inc. $6.6B—

WEX$6.1B+0.6%

BILL Holdings$4.5B-5.8%

BlackLine$1.8B-48.2%

Priority Technology Holdings$537.8M-6.2%

Expensify, Inc.$174.6M-16.0%

XBP Europe Holdings, Inc.$41.1M-59.7%

By revenue growth

Navan, Inc. +41.4%

Corpay+18.3%

BILL Holdings+12.5%

Priority Technology Holdings+8.8%

BlackLine+8.1%

WEX+7.5%

Expensify, Inc.-1.3%

By net margin

Corpay24.6%-0.5pp

WEX12.56%+0.8pp

Priority Technology Holdings5.85%+2.8pp

BlackLine3.71%-19.9pp

BILL Holdings-4.21%-2.6pp

Expensify, Inc.-14.68%-8.0pp

Navan, Inc. -46.7%-11.1pp

Profile

Expensify provides a cloud-based expense management platform designed to automate the entire preaccounting journey for businesses of all sizes. The company leverages a viral, bottom-up adoption model that focuses on the end-user experience to simplify receipt tracking, corporate card management, and financial workflows. Its core value proposition lies in replacing manual, paper-based back-office processes with an integrated, AI-driven mobile application.

Competitive position

Expensify maintains a leading position in the SMB expense management market by utilizing a viral word-of-mouth strategy and a product-led growth model that minimizes traditional sales costs.

GeographiesUnited States, Global

Customer segmentsSMB, Enterprise, Freelancers

Business modelSubscription SaaS, Usage-based pricing, Transaction-based revenue, Bottom-up GTM

SuppliersCloud infrastructure providers, Payment networks (Visa), Issuing banks, OCR and AI technology components

CustomersSmall business owners, Corporate employees, Finance administrators, Accounting firms

CountryUnited States of America

Listed2021

Employees133.0

CEODavid Barrett

SectorTechnology

IndustrySoftware - Application

Websiteexpensify.com

FilingsSEC EDGAR

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Questions, answered.

What is Expensify, Inc.'s market cap?: Expensify, Inc. (EXFY) has a market capitalization of $174.6M and trades on NASDAQ.
What is Expensify, Inc.'s revenue and profitability?: Expensify, Inc. generated $140.0M in trailing twelve-month revenue with a net loss of $20.6M, representing a net margin of -14.7%. Gross margin stands at 49.6%, with free cash flow of $12.3M. These figures are based on the Q1 2026 filing.
Who are Expensify, Inc.'s competitors?: Expensify, Inc.'s key competitors include Bill.com, Corpay, Inc., XBP Global Holdings, Inc. Common Stock, and others. These companies compete in similar markets and product categories.
Who does Expensify, Inc. partner with?: Expensify, Inc.'s notable partners include Visa, The Bancorp Bank, N.A., Marqeta, Inc., and others.
What subsidiaries does Expensify, Inc. have?: Expensify, Inc.'s subsidiaries include Expensify.org.
Where is Expensify, Inc. headquartered?: Expensify, Inc. is headquartered in United States of America and employs approximately 133 people. It has been publicly traded since 2021.