Expensify, Inc. (EXFY) — Financial statements
Income statement, balance sheet, and cash flow for Expensify, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 142↑2.1% | 139↓7.6% | 151↓11.1% | 169↑18.7% | 143 | |
| Cost of Revenue | 71↑9.9% | 64↓4.0% | 67↑6.7% | 63↑16.7% | 54 | |
| Gross Profit | 72↓4.6% | 75↓10.5% | 84↓21.6% | 107↑19.8% | 89 | |
| Operating Expenses | ||||||
| R&D Expenses | 21↓16.1% | 25↑5.4% | 23↑70.7% | 14↑24.6% | 11 | |
| General & Administrative Expenses | 42↑9.7% | 38↓22.0% | 49↓15.8% | 58↓3.7% | 61 | |
| Selling & Marketing Expenses | 27↑109.0% | 13↓71.1% | 44↓11.1% | 50↑80.3% | 28 | |
| SG&A Expenses | 69↑34.6% | 51↓45.3% | 94↓13.6% | 108↑22.6% | 88 | |
| Other Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Operating Expenses | 90↑18.1% | 76↓35.2% | 117↓4.2% | 122↑22.8% | 99 | |
| Total Costs & Expenses | 160↑14.3% | 140↓23.8% | 184↓0.5% | 185↑20.7% | 153 | |
| Operating Results | ||||||
| Operating Income | -18↓2097.4% | -0.82↑97.5% | -33↓117.6% | -15↓48.6% | -10 | |
| Depreciation & Amortization | 8↑24.2% | 7↑32.0% | 5↓14.7% | 6↑16.5% | 5 | |
| EBITDA | -8↓230.7% | 6↑121.4% | -28↓204.9% | -9↓81.6% | -5 | |
| EBIT | -16↓1887.0% | -0.82↑97.5% | -33↓117.6% | -15↓48.6% | -10 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↑100.0% | -2↑70.5% | -5↑1.6% | -5↓55.5% | -3 | |
| Interest Income | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest Expense | 0.00↓100.0% | 2↓70.5% | 5↓1.6% | 5↑55.5% | 3 | |
| Non-Operating Income | -2 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Other Income / Expenses | 2↑209.8% | -2↑70.5% | -5↑1.6% | -5↓55.5% | -3 | |
| Income Before Tax | -16↓581.1% | -2↑93.8% | -38↓86.4% | -21↓50.3% | -14 | |
| Income Tax Expense | 5↓33.5% | 8↑157.1% | 3↓53.2% | 6↑3758.6% | -0.17 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -21↓112.7% | -10↑75.7% | -41↓53.5% | -27↓99.2% | -14 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | -21↓112.7% | -10↑75.7% | -41↓53.5% | -27↓99.2% | -14 | |
| Bottom-Line Net Income | -21↓112.7% | -10↑75.7% | -41↓53.5% | -27↓99.2% | -14 | |
| EPS (Basic) | -0.23↓91.7% | -0.12↑76.0% | -0.50↓51.5% | -0.33↓94.1% | -0.17 | |
| EPS (Diluted) | -0.23↓91.7% | -0.12↑76.0% | -0.50↓51.5% | -0.33↓94.1% | -0.17 | |
| Weighted Average Shares | 92↑5.6% | 87↑5.9% | 82↑2.1% | 81↓0.8% | 81 | |
| Weighted Average Diluted Shares | 92↑5.6% | 87↑5.9% | 82↑2.1% | 81↓0.8% | 81 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.