Expensify (EXFY) FCF Margin (2020 - 2026)
Expensify's (EXFY) quarterly FCF Margin came in at 21.71% in Q2 2026, up 207.0% year-over-year from 7.07% in Q2 2025, and up 670.04% quarter-over-quarter from 3.81% in Q1 2026.
Analysis
Expensify (EXFY) FCF Margin (2020 - 2026) Analysis & Trends
Expensify has disclosed FCF Margin across 7 years of filings, most recently posting 21.71% for Q2 2026.
- In Q2 2026, FCF Margin rose 207.0% year-over-year to 21.71%; the TTM figure through Jun 2026 stood at 5.96% (down 979.0% YoY), while the FY2025 annual figure was 11.65%, down 2.0% from the prior year.
- FCF Margin came in at 21.71% for Q2 2026 at Expensify, up from 3.81% in the prior quarter.
- In the past five years, FCF Margin ranged from a high of 36.98% in Q2 2022 to a low of 18.61% in Q3 2023.
- Average FCF Margin over 5 years is 9.5%, with a median of 9.44% recorded in 2024.
- Year-over-year, FCF Margin soared 8700 bps in 2022 and plunged 4111 bps in 2023.
- Over 5 years, FCF Margin stood at 13.65% in 2022, then slumped by 157 bps to 7.73% in 2023, then surged by 326 bps to 17.49% in 2024, then tumbled by 77 bps to 3.99% in 2025, then jumped by 444 bps to 21.71% in 2026.
- Per Business Quant data, the three most recent FCF Margin figures were 21.71% in Q2 2026, 3.81% in Q1 2026, and 3.99% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | FCF Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 61.18% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 5.08% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -5.20% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 22.22% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 20.44% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | 21.71% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -19.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 21.71% |
| Mar 31, 2026 | -3.81% |
| Dec 31, 2025 | 3.99% |
| Sep 30, 2025 | 2.17% |
| Jun 30, 2025 | 19.65% |
| Mar 31, 2025 | 20.40% |
| Dec 31, 2024 | 17.49% |
| Sep 30, 2024 | 5.24% |
| Jun 30, 2024 | 21.87% |
| Mar 31, 2024 | 1.91% |
| Dec 31, 2023 | -7.73% |
| Sep 30, 2023 | -18.61% |
| Jun 30, 2023 | -4.13% |
| Mar 31, 2023 | 16.89% |
| Dec 31, 2022 | 13.65% |
| Sep 30, 2022 | -3.22% |
| Jun 30, 2022 | 36.98% |
| Mar 31, 2022 | 26.58% |
| Dec 31, 2021 | -73.35% |
| Sep 30, 2021 | 21.12% |