Expensify (EXFY) Cost of Revenue (2020 - 2026)
Expensify (EXFY) reported Cost of Revenue of $17.8 million for Q1 2026, little changed on a YoY basis from $17.8 million in Q1 2025, and down 0.5% sequentially from $17.9 million in Q4 2025.
Expensify (EXFY) Cost of Revenue (2020 - 2026) Analysis & Trends
Expensify (EXFY) has 7 years of Cost of Revenue data on file, last reported at $17.8 million in Q1 2026.
- For the quarter ending Q1 2026, Cost of Revenue changed 0.19% year-over-year to $17.8 million; the trailing twelve-month figure through Mar 2026 stood at $70.5 million (up 4.52% YoY), and the FY2025 full-year result was $70.6 million, up 9.86% from the prior year.
- Cost of Revenue retreated to $17.8 million in Q1 2026, from $17.9 million in the prior quarter.
- In the past five years, Cost of Revenue ranged from a high of $18.1 million in Q4 2024 to a low of $14.1 million in Q1 2022.
- A 5-year average of $16.6 million and a median of $16.9 million in 2023 frame the typical range for Cost of Revenue.
- Peak annual rise in Cost of Revenue reached 100.1% in 2022, while the deepest fall reached 19.17% in 2022.
- Tracing EXFY's Cost of Revenue over 5 years: stood at $16.1 million in 2022, then gained by 2.5% to $16.5 million in 2023, then advanced by 9.93% to $18.1 million in 2024, then dropped by 1.43% to $17.9 million in 2025, then dropped by 0.5% to $17.8 million in 2026.
- Business Quant data shows EXFY's Cost of Revenue at $17.8 million in Q1 2026, $17.9 million in Q4 2025, and $17.7 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 199.59 Bn | 179.36 Bn | 8.16 Bn | 3.02 Bn |
| 2 | Full Truck Alliance | 193.24 Bn | 190.53 Bn | - | - |
| 3 | Shopify | 164.78 Bn | 159.04 Bn | 1.55 Bn | 1.62 Bn |
| 4 | Salesforce | 150.52 Bn | 138.68 Bn | 8.56 Bn | 2.57 Bn |
| 5 | Uber Technologies | 139.79 Bn | 138.58 Bn | 5.95 Bn | 7.26 Bn |
| 6 | ServiceNow | 109.10 Bn | 104.44 Bn | 2.82 Bn | 1.17 Bn |
| 7 | Automatic Data Processing | 102.68 Bn | 99.45 Bn | 2.87 Bn | 3.07 Bn |
| 8 | Adobe | 95.80 Bn | 90.17 Bn | 5.90 Bn | 715.00 Mn |
| 9 | Snowflake | 93.75 Bn | 90.79 Bn | 926.45 Mn | 464.50 Mn |
| 10 | Expensify | 167.76 Mn | 101.23 Mn | 16.17 Mn | 17.80 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 17.80 Mn |
| Mar 31, 2026 | 17.80 Mn |
| Dec 31, 2025 | 17.89 Mn |
| Dec 31, 2025 | 17.89 Mn |
| Sep 30, 2025 | 17.67 Mn |
| Sep 30, 2025 | 17.67 Mn |
| Jun 30, 2025 | 17.19 Mn |
| Jun 30, 2025 | 17.19 Mn |
| Mar 31, 2025 | 17.83 Mn |
| Mar 31, 2025 | 17.83 Mn |
| Dec 31, 2024 | 18.15 Mn |
| Dec 31, 2024 | 18.15 Mn |
| Sep 30, 2024 | 17.15 Mn |
| Sep 30, 2024 | 17.15 Mn |
| Jun 30, 2024 | 14.36 Mn |
| Jun 30, 2024 | 14.36 Mn |
| Mar 31, 2024 | 14.58 Mn |
| Mar 31, 2024 | 14.58 Mn |
| Dec 31, 2023 | 16.51 Mn |
| Dec 31, 2023 | 16.51 Mn |