Expensify (EXFY) EBT Margin (2020 - 2026)

Expensify's (EXFY) quarterly EBT Margin came in at 5.3% in Q1 2026, down 208.0% year-on-year from 4.91% in Q1 2025, and up 46.98% quarter-over-quarter from 10.0% in Q4 2025.

Expensify (EXFY) EBT Margin (2020 - 2026) Analysis & Trends

Expensify has disclosed EBT Margin across 7 years of filings, most recently posting 5.3% for Q1 2026.

  • EBT Margin for Q1 2026 came in at 5.3%, down 208.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 12.09% (down 1152.0% YoY), and the FY2025 annual result was 11.47%, down 975.0% from the prior year.
  • EBT Margin came in at 5.3% for Q1 2026 at Expensify, up from 10.0% in the prior quarter.
  • In the past five years, EBT Margin ranged from a high of 1.32% in Q3 2024 to a low of 47.33% in Q3 2023.
  • The 5-year median for EBT Margin is 10.0% (2025), against an average of 12.38%.
  • Peak annual rise in EBT Margin reached 5087 bps in 2022, while the deepest fall reached 5058 bps in 2022.
  • Expensify's EBT Margin stood at 2.04% in 2022, then tumbled by 759 bps to 17.48% in 2023, then soared by 99 bps to 0.2% in 2024, then plunged by 4901 bps to 10.0% in 2025, then surged by 47 bps to 5.3% in 2026.
  • The last three EBT Margin figures came in at 5.3% (Q1 2026), 10.0% (Q4 2025), and 6.16% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) EBT Margin (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn 28.74%
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn 3.76%
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -20.00%
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn 24.25%
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn 29.04%
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn 17.85%
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn 30.00%
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn 33.82%
10 Expensify 118.55 Mn 52.03 Mn 16.17 Mn -5.30%

Historic Data

Download Data
DateValue
Mar 31, 2026 -5.30%
Dec 31, 2025 -10.00%
Sep 30, 2025 -6.16%
Jun 30, 2025 -26.42%
Mar 31, 2025 -3.22%
Dec 31, 2024 -0.20%
Sep 30, 2024 1.32%
Jun 30, 2024 -0.12%
Mar 31, 2024 -8.19%
Dec 31, 2023 -17.48%
Sep 30, 2023 -47.33%
Jun 30, 2023 -28.10%
Mar 31, 2023 -10.27%
Dec 31, 2022 -2.04%
Sep 30, 2022 -19.03%
Jun 30, 2022 -13.74%
Mar 31, 2022 -14.23%
Dec 31, 2021 -52.91%
Sep 30, 2021 -26.47%
Jun 30, 2021 19.06%