Expensify Inc
NASDAQ: EXFY · TECHNOLOGY · SOFTWARE - APPLICATION
Updated 2026-06-02
Expensify Inc (EXFY) Financial statements
SEC filings — annual and quarterly data.
Cash flow — annual
| Item | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|
| Operating cash flow | $12.43M | $7.58M | $5.49M | $32.88M | $1.56M | $23.88M | $20.09M |
| Capital expenditures | $4.91M | $4.30M | $7.61M | $2.20M | $7.29M | $7.63M | $17000.00 |
| Depreciation | — | — | — | — | — | — | — |
| Stock-based comp | $1.71M | $17.84M | $14.57M | $52.33M | $41.21M | $33.54M | $26.58M |
| Free cash flow | $7.52M | $3.29M | $-2.13M | $30.67M | $-5.74M | $16.25M | $20.07M |
| Investing cash flow | — | — | — | — | — | — | — |
| Financing cash flow | — | — | — | — | — | — | — |
| Dividends paid | $482000.00 | — | — | — | — | — | — |
| Share repurchases | — | — | — | — | — | — | — |
| Debt repayment | — | — | — | — | — | — | — |
| Net change in cash | — | — | — | $22.39M | — | — | — |
Frequently asked questions
What is Expensify Inc's revenue?
Expensify Inc's trailing twelve-month revenue is $140.00M. Revenue is the top line the whole model builds on, and at this scale the question shifts from how fast it grows to whether margins hold as it compounds.
How profitable is EXFY?
In its most recent fiscal year, EXFY ran a gross margin of 50.34%, an operating margin of -12.68%, and a net margin of -15.05%. Margins this high mean most of each extra dollar of revenue drops through to profit, which is the signature of real pricing power.
How much free cash flow does EXFY generate?
EXFY produced $20.07M in free cash flow in its most recent fiscal year. Free cash flow is what is left after running and reinvesting in the business, and it is the cash that actually funds buybacks, dividends, and a stronger balance sheet.
Is EXFY's balance sheet healthy?
EXFY holds $63.08M in cash and equivalents against — in long-term debt, on $132.75M of shareholder equity. That debt is best read against the cash flow the business throws off each year.