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Expensify, Inc. EXFY Settlement liabilities

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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:IncreaseDecreaseInSettlementLiabilities.

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 settlement liabilities?
Expensify, Inc. (EXFY) reported settlement liabilities of $730K in Q1 2026.
How has Expensify, Inc.'s settlement liabilities changed year-over-year?
Expensify, Inc.'s settlement liabilities decreased by 80.8% year-over-year, from $3.81M to $730K.
What does settlement liabilities mean?
This metric represents the net change in obligations owed to third parties or users arising from payment settlement and transaction processing services. It reflects the timing differences between the collection of funds and the disbursement to the final recipient. Monitoring this liability helps investors understand the company's short-term obligations related to its core financial services platform.