Expensify (EXFY) Gross Profit (2020 - 2026)
Expensify's Gross Profit was $16.33 million in Q2 2026, down 12.1% from $18.58 million a year earlier but up 1.0% from the prior quarter.
Expensify (EXFY) Gross Profit (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, Expensify's Gross Profit was $67.21 million through Jun 30, 2026, down 9.1% year-over-year; for FY2025, it came in at $71.53 million, down 4.6% from FY2024.
- Gross Profit has now declined for three consecutive years, though with a five-year compound annual growth rate of 5.1% (FY2020 to FY2025).
- In earlier years, Gross Profit was $75 million in FY2024 (-10.5%), $83.8 million in FY2023 (-21.6%), $106.83 million in FY2022 (+19.8%) and $89.14 million in FY2021 (+60.2%).
- Quarterly Gross Profit has moved between $16.17 million (Q1 2026) and $27.36 million (Q4 2022) over five years.
- Compared with a year earlier, Gross Profit has declined for six straight quarters, with an average decline of 5.5% over the last eight quarters.
- The best year-over-year quarter for Gross Profit over five years was Q3 2021 (growth of 45.3%); the worst was Q4 2023 (a decline of 31.7%).
- Per Business Quant data, EXFY's Gross Profit in the three quarters before Q2 2026 was $16.17 million (Q1 2026), $17.31 million (Q4 2025) and $17.4 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn |
| 10 | Expensify | 206.77 Mn | -50.05 Mn | 16.33 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 16.33 Mn |
| Mar 31, 2026 | 16.17 Mn |
| Dec 31, 2025 | 17.31 Mn |
| Sep 30, 2025 | 17.40 Mn |
| Jun 30, 2025 | 18.58 Mn |
| Mar 31, 2025 | 18.24 Mn |
| Dec 31, 2024 | 18.86 Mn |
| Sep 30, 2024 | 18.26 Mn |
| Jun 30, 2024 | 18.93 Mn |
| Mar 31, 2024 | 18.95 Mn |
| Dec 31, 2023 | 18.70 Mn |
| Sep 30, 2023 | 18.81 Mn |
| Jun 30, 2023 | 21.96 Mn |
| Mar 31, 2023 | 24.33 Mn |
| Dec 31, 2022 | 27.36 Mn |
| Sep 30, 2022 | 25.94 Mn |
| Jun 30, 2022 | 27.29 Mn |
| Mar 31, 2022 | 26.24 Mn |
| Dec 31, 2021 | 20.44 Mn |
| Sep 30, 2021 | 19.25 Mn |
Expensify Gross Profit API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-profit&ticker=EXFY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-profit", "ticker": "EXFY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=gross-profit&ticker=EXFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();