Expensify, Inc.
About Expensify, Inc.
Expensify Inc is a cloud-based expense management software platform that helps various businesses simplify the way to manage money. It is used to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. People use Expensify's free features, which include corporate cards, expense tracking, next-day reimbursement, invoicing, bill pay and travel booking in one app. Small and medium-sized businesses (SMBs) are the cornerstone of the global economy, making up almost all businesses and the majority of employment in Organization for Economic Co-operation and Development (OECD) member countries.
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Financial summary
- Revenue FY2025
- $142.1M
- Net income
- -$21.4M
- Total assets
- $186.0M
- Market cap
- $110.9M
- Gross margin
- 50.3%
- Operating margin
- -12.7%
- Net margin
- -15.1%
Source: SEC EDGAR · updated Jun 7, 2026
Revenue & profit trend
Financial statements
Income statement
- Revenue
- $142.1M
- Cost of revenue
- $70.6M
- Gross profit
- $71.5M
- Operating expenses
- $89.5M
- Operating income
- -$18.0M
- Income tax
- $5.1M
- Net income
- -$21.4M
- EPS (basic)
- $-0.23
- EPS (diluted)
- $-0.23
Balance sheet
- Total assets
- $186.0M
- Current assets
- $153.0M
- Total liabilities
- $53.2M
- Current liabilities
- $46.4M
- Shareholders’ equity
- $132.7M
Cash flow
- Operating cash flow
- $20.1M
- Investing cash flow
- -$3.6M
- Financing cash flow
- -$2.7M
- Net cash flow
- $13.8M
Statements via Polygon.io (SEC filings)
15-minute delayed · data by Polygon.io
Past year
52-week range
- Market cap
- $110.9M
- EPS (diluted)
- $-0.23
- Shares outstanding
- 94.0M
- Open
- —
- Day range
- –
- Prev close
- —
- Volume
- —
- IPO date
- Nov 10, 2021
Market data by Polygon.io · prices are 15-minute delayed
At a glance
- Reported a net loss of $21.4M in FY2025.
- Revenue declined 1% from FY2021 to FY2025.
- Gross margin of 50.3%, net margin -15.1%.
- Trading 61% below its 52-week high.
Automatically generated from public filings and market data. Informational only — not investment advice or a recommendation to buy or sell any security.
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