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Expensify, Inc. EXFY Increase (Decrease) in Settlement Assets

Increase (Decrease) in Settlement Assets at other companies

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$121.83M+125%
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-$47M-281%

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 exfy:IncreaseDecreaseInSettlementAssets.

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 increase (decrease) in settlement assets?
Expensify, Inc. (EXFY) reported increase (decrease) in settlement assets of $4.48M in Q1 2026.
How has Expensify, Inc.'s increase (decrease) in settlement assets changed year-over-year?
Expensify, Inc.'s increase (decrease) in settlement assets decreased by 19.3% year-over-year, from $5.56M to $4.48M.
What does increase (decrease) in settlement assets mean?
This metric tracks the net change in assets held in connection with payment processing and settlement activities. It represents funds in transit or held in escrow between the initiation of a transaction and the final settlement with merchants or users. Fluctuations in this balance provide insight into the volume and velocity of the company's payment processing operations.