Expensify (EXFY) Asset Utilization Ratio (2021 - 2026)
Expensify (EXFY) posted Asset Utilization Ratio of 0.74 for Q1 2026, down 2.47% sequentially from 0.76 in Q4 2025, and down 4.84% YoY from 0.78 in Q1 2025.
Expensify (EXFY) Asset Utilization Ratio (2021 - 2026) Analysis & Trends
Expensify has reported Asset Utilization Ratio for 6 years, with the latest figure at 0.74 in Q1 2026.
- Quarterly Asset Utilization Ratio fell 4.84% year-over-year to 0.74 in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 0.74 (down 4.84% YoY) and the FY2025 annual result came in at 0.79, down 0.55% from the prior year.
- Asset Utilization Ratio eased to 0.74 in Q1 2026 per EXFY's latest filing, from 0.76 in the prior quarter.
- Over five years, Asset Utilization Ratio peaked at 0.8 in Q1 2022 and troughed at 0.73 in Q2 2024.
- A 5-year average of 0.77 and a median of 0.77 in 2023 frame the typical range for Asset Utilization Ratio.
- The sharpest annual moves came in 2022 and 2025: Asset Utilization Ratio slipped 6.32% in 2022, then advanced 4.48% in 2025.
- Over 5 years, Asset Utilization Ratio stood at 0.8 in 2022, then retreated by 3.59% to 0.77 in 2023, then climbed by 2.74% to 0.8 in 2024, then declined by 4.21% to 0.76 in 2025, then declined by 2.47% to 0.74 in 2026.
- According to Business Quant data, Asset Utilization Ratio over the past three periods registered 0.74, 0.76, and 0.77 for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 0.52 |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 0.93 |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 0.39 |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 0.88 |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 0.53 |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 0.57 |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 0.34 |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 0.85 |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 0.57 |
| 10 | Expensify | 211.36 Mn | 145.60 Mn | 16.33 Mn | 0.73 |
Historic Data
Download 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 |