Expensify (EXFY) Asset Utilization Ratio (2021 - 2026)
Expensify's (EXFY) quarterly Asset Utilization Ratio came in at 0.73 in Q2 2026, down 4.17% year-over-year from 0.77 in Q2 2025, and down 1.2% quarter-over-quarter from 0.74 in Q1 2026.
Analysis
Expensify (EXFY) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Expensify has disclosed Asset Utilization Ratio across 6 years of filings, most recently posting 0.73 for Q2 2026.
- In Q2 2026, Asset Utilization Ratio fell 4.17% year-over-year to 0.73; the TTM figure through Jun 2026 stood at 0.73 (down 4.17% YoY), while the FY2025 annual figure was 0.79, down 0.55% from the prior year.
- Asset Utilization Ratio came in at 0.73 for Q2 2026 at Expensify, down from 0.74 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 0.8 in Q1 2022 to a low of 0.73 in Q2 2024.
- Average Asset Utilization Ratio over 5 years is 0.77, with a median of 0.77 recorded in 2023.
- Year-over-year, Asset Utilization Ratio decreased 6.32% in 2022 and gained 4.48% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.8 in 2022, then declined by 3.59% to 0.77 in 2023, then gained by 2.74% to 0.8 in 2024, then slipped by 4.21% to 0.76 in 2025, then declined by 3.64% to 0.73 in 2026.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 0.73 in Q2 2026, 0.74 in Q1 2026, and 0.76 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 0.57 |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 0.27 |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | 0.44 |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 0.16 |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 0.50 |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 0.73 |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | 3.59 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.73 |
| Mar 31, 2026 | 0.74 |
| Dec 31, 2025 | 0.76 |
| Sep 30, 2025 | 0.77 |
| Jun 30, 2025 | 0.77 |
| Mar 31, 2025 | 0.78 |
| Dec 31, 2024 | 0.80 |
| Sep 30, 2024 | 0.74 |
| Jun 30, 2024 | 0.73 |
| Mar 31, 2024 | 0.80 |
| Dec 31, 2023 | 0.77 |
| Sep 30, 2023 | 0.75 |
| Jun 30, 2023 | 0.77 |
| Mar 31, 2023 | 0.79 |
| Dec 31, 2022 | 0.80 |
| Sep 30, 2022 | 0.78 |
| Jun 30, 2022 | 0.78 |
| Mar 31, 2022 | 0.80 |
| Dec 31, 2021 | 0.86 |