Expensify (EXFY) EBITDA Margin (2020 - 2026)
Expensify's (EXFY) quarterly EBITDA Margin came in at 8.63% in Q2 2026, up 2028.0% year-over-year from 0.41% in Q2 2025, and down 48.57% quarter-over-quarter from 5.81% in Q1 2026.
Analysis
Expensify (EXFY) EBITDA Margin (2020 - 2026) Analysis & Trends
Expensify has disclosed EBITDA Margin across 7 years of filings, most recently posting 8.63% for Q2 2026.
- In Q2 2026, EBITDA Margin rose 2028.0% year-over-year to 8.63%; the TTM figure through Jun 2026 stood at 8.03% (down 35.0% YoY), while the FY2025 annual figure was 12.68%, down 1209.0% from the prior year.
- EBITDA Margin came in at 8.63% for Q2 2026 at Expensify, down from 5.81% in the prior quarter.
- In the past five years, EBITDA Margin ranged from a high of 1.26% in Q4 2024 to a low of 40.82% in Q3 2023.
- Average EBITDA Margin over 5 years is 10.73%, with a median of 7.68% recorded in 2023.
- The largest YoY upside for EBITDA Margin was 4902 bps in 2022 against a maximum downside of 5083 bps in 2022.
- Over 5 years, EBITDA Margin stood at 1.61% in 2022, then tumbled by 956 bps to 17.0% in 2023, then soared by 107 bps to 1.26% in 2024, then tumbled by 990 bps to 11.19% in 2025, then rose by 23 bps to 8.63% in 2026.
- Per Business Quant data, the three most recent EBITDA Margin figures were 8.63% in Q2 2026, 5.81% in Q1 2026, and 11.19% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 46.97% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 4.06% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -8.22% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -6.65% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 5.85% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -8.63% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.06% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -8.63% |
| Mar 31, 2026 | -5.81% |
| Dec 31, 2025 | -11.19% |
| Sep 30, 2025 | -6.44% |
| Jun 30, 2025 | -28.91% |
| Mar 31, 2025 | -4.12% |
| Dec 31, 2024 | 1.26% |
| Sep 30, 2024 | 0.81% |
| Jun 30, 2024 | 0.66% |
| Mar 31, 2024 | -5.35% |
| Dec 31, 2023 | -17.00% |
| Sep 30, 2023 | -40.82% |
| Jun 30, 2023 | -24.59% |
| Mar 31, 2023 | -6.74% |
| Dec 31, 2022 | -1.61% |
| Sep 30, 2022 | -13.45% |
| Jun 30, 2022 | -9.21% |
| Mar 31, 2022 | -11.99% |
| Dec 31, 2021 | -50.63% |
| Sep 30, 2021 | -23.65% |