Growth Metrics

Expensify (EXFY) Enterprise Value (2019 - 2026)

Expensify recorded quarterly Enterprise Value of -$66.5 million in Q1 2026, down 5.47% quarter-over-quarter from -$63.1 million in Q4 2025, and down 11.57% year-over-year from -$75.2 million in Q1 2025.

Expensify's Enterprise Value history runs 8 years deep, the most recent figure standing at -$66.5 million for Q1 2026.

  • In Q1 2026, Enterprise Value fell 11.57% year-over-year to -$66.5 million; the TTM figure through Mar 2026 stood at -$66.5 million (down 11.57% YoY), while the FY2025 annual figure 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.
  • A 5-year average of -$74.4 million and a median of -$63.1 million in 2025 frame the typical range for Enterprise Value.
  • Across the five-year window, Enterprise Value plunged 141.14% in 2022 and surged 56.04% in 2024, its largest moves.
  • Expensify's Enterprise Value stood at -$103.8 million in 2022, then jumped by 54.22% to -$47.5 million in 2023, then decreased by 2.66% to -$48.8 million in 2024, then dropped by 29.34% to -$63.1 million in 2025, then dropped by 5.47% to -$66.5 million in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$66.5 million, -$63.1 million, and -$61.5 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Sap Se 253.17 Bn 235.20 Bn 8.16 Bn -17.97 Bn
2 Salesforce 171.07 Bn 161.50 Bn 8.69 Bn -9.57 Bn
3 Uber Technologies 151.10 Bn 150.06 Bn 11.88 Bn -1.04 Bn
4 Shopify 134.25 Bn 128.50 Bn 1.55 Bn -5.74 Bn
5 ServiceNow 105.72 Bn 100.54 Bn 2.83 Bn -5.18 Bn
6 Cadence Design Systems 101.64 Bn 100.23 Bn 1.26 Bn -1.41 Bn
7 Adobe 100.35 Bn 93.46 Bn 5.73 Bn -6.89 Bn
8 Automatic Data Processing 90.91 Bn 87.68 Bn 2.87 Bn -3.23 Bn
9 Intuit 88.30 Bn 81.52 Bn 6.77 Bn -6.78 Bn
10 Expensify 106.84 Mn 40.31 Mn 16.17 Mn -66.53 Mn

Historic Data

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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
Mar 31, 2021 -41.93 Mn
Dec 31, 2020 -34.40 Mn
Sep 30, 2020 -25.88 Mn
Dec 31, 2019 -9.99 Mn