Expensify (EXFY) Equity Ratio (2020 - 2026)
Expensify's (EXFY) quarterly Equity Ratio came in at 0.73 in Q1 2026, up 2.14% year-on-year from 0.71 in Q1 2025, and up 1.83% quarter-over-quarter from 0.71 in Q4 2025.
Expensify (EXFY) Equity Ratio (2020 - 2026) Analysis & Trends
Expensify has disclosed Equity Ratio across 7 years of filings, most recently posting 0.73 for Q1 2026.
- Equity Ratio for Q1 2026 came in at 0.73, up 2.14% year-over-year; the trailing twelve-month figure through Mar 2026 was 0.73 (up 2.14% YoY), and the FY2025 annual result was 0.71, down 3.34% from the prior year.
- Equity Ratio came in at 0.73 for Q1 2026 at Expensify, up from 0.71 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 0.74 in Q4 2024 to a low of 0.42 in Q1 2022.
- The 5-year median for Equity Ratio is 0.58 (2024), against an average of 0.58.
- Across the five-year window, Equity Ratio jumped 496.36% in 2022 and decreased 3.34% in 2025, its largest moves.
- Expensify's Equity Ratio stood at 0.46 in 2022, then gained by 23.21% to 0.57 in 2023, then advanced by 29.57% to 0.74 in 2024, then decreased by 3.34% to 0.71 in 2025, then climbed by 1.83% to 0.73 in 2026.
- The last three Equity Ratio figures came in at 0.73 (Q1 2026), 0.71 (Q4 2025), and 0.73 (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 0.62 |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 0.90 |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 0.41 |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 0.89 |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 0.32 |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 0.54 |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 0.48 |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 0.10 |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 0.38 |
| 10 | Expensify | 118.55 Mn | 52.03 Mn | 16.17 Mn | 0.73 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.73 |
| Dec 31, 2025 | 0.71 |
| Sep 30, 2025 | 0.73 |
| Jun 30, 2025 | 0.70 |
| Mar 31, 2025 | 0.71 |
| Dec 31, 2024 | 0.74 |
| Sep 30, 2024 | 0.68 |
| Jun 30, 2024 | 0.59 |
| Mar 31, 2024 | 0.58 |
| Dec 31, 2023 | 0.57 |
| Sep 30, 2023 | 0.45 |
| Jun 30, 2023 | 0.47 |
| Mar 31, 2023 | 0.47 |
| Dec 31, 2022 | 0.46 |
| Sep 30, 2022 | 0.45 |
| Jun 30, 2022 | 0.43 |
| Mar 31, 2022 | 0.42 |
| Dec 31, 2021 | 0.42 |
| Sep 30, 2021 | -0.11 |
| Dec 31, 2020 | -0.35 |