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Expensify, Inc. EXFY Q4 2024 Annual earnings

Reported February 27, 2025 · After market close

Revenue$37.0MBeat by $974.0K
EPS$0.10Beat by $0.03
Revenue estimate$36.0M
EPS estimate$0.07

Next report

Aug 6, 2026 (In 1 week)
Revenue estimate$33.7M
EPS estimate$0.02

Financials

Q4 2024

Income statement

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Revenue$37.0M+5.1%
Gross profit$18.9M+0.8%
Net income-$1.3M+81.8%
EPS (diluted)-$0.02+75.0%

Balance sheet

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Cash & equivalents$90.8M-6.0%
Total debt$829.0K-90.0%
Total equity$128.2M+27.3%
Total assets$173.7M-1.8%

Cash flow

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Operating cash flow$7.4M
CapEx--100%
Free cash flow$7.4M

Valuation & ratios

Valuation

as of 12/31/24
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Market cap$298.03M+44.2%
Enterprise value$208.02M+75.7%
P/S2.1×+0.8×

Profitability

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Gross margin53.9%-1.7pp
Net margin-7.2%-3.1pp
FCF margin17.1%

Returns & leverage

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Return on equity-8.8%-3.9pp
Debt / equity-0.1×
Current ratio3.6×+1.6×

Segments

By product

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Subscription fees$34.7M
Interchange$5.0M
Cashback rewards-$2.2M

By geography

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United States$33.9M

Versus estimates

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Questions, answered.

When did Expensify, Inc. report Q4 2024 earnings?
Expensify, Inc. (EXFY) reported Q4 2024 earnings on February 27, 2025 after market close.
What were Expensify, Inc.'s Q4 2024 revenue and EPS?
Expensify, Inc. reported revenue of $37.0M and eps of $0.10 for Q4 2024.
Did Expensify, Inc. beat estimates in Q4 2024?
Revenue beat the consensus estimate of $36.0M by $974.0K. EPS beat the consensus estimate of $0.07 by $0.03.
Where can I find Expensify, Inc.'s Q4 2024 SEC filings?
You can read the 10-K periodic report (0001476840-25-000018) directly on SEC EDGAR. The filing index links above go to sec.gov.