Expensify (EXFY) Enterprise Value (2019 - 2026)

Expensify's (EXFY) quarterly Enterprise Value came in at -$66.5 million in Q1 2026, down 11.57% year-on-year from -$75.2 million in Q1 2025, and down 5.47% quarter-over-quarter from -$63.1 million in Q4 2025.

Expensify (EXFY) Enterprise Value (2019 - 2026) Analysis & Trends

Expensify has disclosed Enterprise Value across 8 years of filings, most recently posting -$66.5 million for Q1 2026.

  • Enterprise Value for Q1 2026 came in at -$66.5 million, down 11.57% year-over-year; the trailing twelve-month figure through Mar 2026 was -$66.5 million (down 11.57% YoY), and the FY2025 annual result was -$63.1 million, down 29.34% from the prior year.
  • Enterprise Value came in at -$66.5 million for Q1 2026 at Expensify, down from -$63.1 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$39.2 million in Q3 2024 to a low of -$111.2 million in Q1 2023.
  • The 5-year median for Enterprise Value is -$63.1 million (2025), against an average of -$74.4 million.
  • Across the five-year window, Enterprise Value sank 141.14% in 2022 and jumped 56.04% in 2024, its largest moves.
  • Expensify's Enterprise Value stood at -$103.8 million in 2022, then soared by 54.22% to -$47.5 million in 2023, then retreated by 2.66% to -$48.8 million in 2024, then slipped by 29.34% to -$63.1 million in 2025, then slipped by 5.47% to -$66.5 million in 2026.
  • The last three Enterprise Value figures came in at -$66.5 million (Q1 2026), -$63.1 million (Q4 2025), and -$61.5 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn -17.97 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn - -2.55 Bn
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn -1.04 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn -5.74 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn -11.84 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn -1.41 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn -5.18 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn -3.23 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn -5.63 Bn
10 Expensify 118.55 Mn 52.03 Mn 16.17 Mn -66.53 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 -66.53 Mn
Dec 31, 2025 -63.08 Mn
Sep 30, 2025 -61.45 Mn
Jun 30, 2025 -60.52 Mn
Mar 31, 2025 -59.63 Mn
Dec 31, 2024 -48.77 Mn
Sep 30, 2024 -39.17 Mn
Jun 30, 2024 -53.23 Mn
Mar 31, 2024 -49.34 Mn
Dec 31, 2023 -47.51 Mn
Sep 30, 2023 -89.12 Mn
Jun 30, 2023 -97.80 Mn
Mar 31, 2023 -111.23 Mn
Dec 31, 2022 -103.79 Mn
Sep 30, 2022 -106.21 Mn
Jun 30, 2022 -105.54 Mn
Mar 31, 2022 -101.10 Mn
Dec 31, 2021 -98.40 Mn
Sep 30, 2021 -68.06 Mn
Jun 30, 2021 -45.43 Mn