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Gross margin at other companies

Navan, Inc.
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Navan, Inc. NAVN
72.1%
BILL Holdings logo
BILL HoldingsBILL
80.7%-0.8pp
WEX logo
WEXWEX
58.8%-1.3pp
Priority Technology Holdings logo
Priority Technology HoldingsPRTH
39.5%+1.8pp
BlackLine logo
BlackLineBL
75.4%+0.1pp
Global Payments logo
Global PaymentsGPN
67.3%-6.4pp

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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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

Calculated from Expensify, Inc.’s reported figures.

Based on trailing twelve months.

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 gross margin?
Expensify, Inc. (EXFY) reported gross margin of 49.6% in Q1 2026.
How has Expensify, Inc.'s gross margin changed year-over-year?
Expensify, Inc.'s gross margin decreased by 5.3% year-over-year, from 52.4% to 49.6%.
What is the long-term trend for Expensify, Inc.'s gross margin?
Over 4 years (2021 to 2025), Expensify, Inc.'s gross margin has grown at a -5.2% compound annual growth rate (CAGR), from 62.4% to 50.3%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.