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Expensify, Inc. EXFY Change in Prepaids

Change in Prepaids at other companies

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PaylocityPCTY
-$6.68M+70.3%
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International Money ExpressIMXI
$47.19M+375%

Other financials

Income statement

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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

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Cash & equivalents$109.6M+13.8%
Total debt$678.0K-18.2%
Total equity$138.5M+2.9%
Total assets$190.6M+0.7%

Cash flow

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Operating cash flow$118.0K-98.5%
CapEx$182.0K+4.6%
Free cash flow-$64.0K-101%

Valuation

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Market cap$172.62M-24.4%
P/S1.2×-0.3×

Profitability

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Gross margin49.6%-2.8pp
Operating margin-13.2%
Net margin-14.7%-86.5pp
FCF margin8.8%-11.0pp

Returns & leverage

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Return on equity-15.1%+177pp
Debt / equity0.0×
Current ratio3.5×+0.2×

Where this comes from

Reported directly by Expensify, Inc. in its filing.

Tagged under the XBRL concept us-gaap:IncreaseDecreaseInPrepaidExpense.

The official record: Expensify, Inc.’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Expensify, Inc.'s change in prepaids?
Expensify, Inc. (EXFY) reported change in prepaids of -$796K in Q1 2026.
How has Expensify, Inc.'s change in prepaids changed year-over-year?
Expensify, Inc.'s change in prepaids decreased by 34.9% year-over-year, from -$590K to -$796K.
What is the long-term trend for Expensify, Inc.'s change in prepaids?
Over 2 years (2021 to 2024), Expensify, Inc.'s change in prepaids has grown at a -52.5% compound annual growth rate (CAGR), from $6.61M to $1.49M.
What does change in prepaids mean?
This metric measures the net change in payments made in advance for goods or services that will be consumed in future periods. It reflects the company's working capital management regarding upfront commitments such as insurance, software subscriptions, or marketing contracts. An increase in this balance typically represents a cash outflow that will be recognized as an expense in subsequent reporting periods.