Expensify (EXFY) EV to EBITDA (2021 - 2026)
Expensify's (EXFY) quarterly EV to EBITDA came in at 33.8 in Q2 2026, down 94.75% year-over-year from 643.26 in Q2 2025, and down 283.78% quarter-over-quarter from 8.81 in Q1 2026.
Analysis
Expensify (EXFY) EV to EBITDA (2021 - 2026) Analysis & Trends
Expensify has disclosed EV to EBITDA across 6 years of filings, most recently posting 33.8 for Q2 2026.
- In Q2 2026, EV to EBITDA fell 94.75% year-over-year to 33.8; the TTM figure through Jun 2026 stood at 8.91 (up 45.05% YoY), while the FY2025 annual figure was 4.3, up 98.63% from the prior year.
- EV to EBITDA came in at 33.8 for Q2 2026 at Expensify, down from 8.81 in the prior quarter.
- In the past five years, EV to EBITDA ranged from a high of 553.42 in Q4 2024 to a low of 891.52 in Q4 2022.
- Average EV to EBITDA over 5 years is 53.81, with a median of 41.41 recorded in 2026.
- Year-over-year, EV to EBITDA slumped 467.66% in 2022 and soared 3921.59% in 2024.
- Over 5 years, EV to EBITDA stood at 891.52 in 2022, then soared by 96.95% to 27.23 in 2023, then surged by 2132.42% to 553.42 in 2024, then sank by 103.55% to 19.67 in 2025, then plunged by 71.84% to 33.8 in 2026.
- Per Business Quant data, the three most recent EV to EBITDA figures were 33.8 in Q2 2026, 8.81 in Q1 2026, and 19.67 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -33.80 |
| Mar 31, 2026 | -8.81 |
| Dec 31, 2025 | -19.67 |
| Sep 30, 2025 | -49.03 |
| Jun 30, 2025 | -17.36 |
| Mar 31, 2025 | -148.77 |
| Dec 31, 2024 | 553.42 |
| Sep 30, 2024 | 469.18 |
| Jun 30, 2024 | 356.97 |
| Mar 31, 2024 | -61.23 |
| Dec 31, 2023 | -27.23 |
| Sep 30, 2023 | -12.28 |
| Jun 30, 2023 | -58.86 |
| Mar 31, 2023 | -208.45 |
| Dec 31, 2022 | -891.52 |
| Sep 30, 2022 | -196.53 |
| Jun 30, 2022 | -339.51 |
| Mar 31, 2022 | -275.08 |
| Dec 31, 2021 | -157.05 |