Expensify, Inc. EXFY Lease impairment charges
Lease impairment charges at other companies
Other financials
Where this comes from
Reported directly by Expensify, Inc. in its filing.
Tagged under the XBRL concept us-gaap:OperatingLeaseImpairmentLoss.
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 lease impairment charges?
- Expensify, Inc. (EXFY) reported lease impairment charges of $137K in Q1 2026.
- How has Expensify, Inc.'s lease impairment charges changed year-over-year?
- Expensify, Inc.'s lease impairment charges decreased by 0.7% year-over-year, from $138K to $137K.
- What is the long-term trend for Expensify, Inc.'s lease impairment charges?
- Over 4 years (2021 to 2025), Expensify, Inc.'s lease impairment charges has grown at a -6.1% compound annual growth rate (CAGR), from $741K to $575K.
- What does lease impairment charges mean?
- This metric represents the non-cash charge recognized when the carrying amount of an operating lease right-of-use asset exceeds its recoverable value. It reflects a downward adjustment in the valuation of leased assets due to changes in business strategy or market conditions. Investors monitor this to assess potential asset underutilization or impairment risks within the company's real estate and equipment portfolio.