Expensify (EXFY) Gross Profit (2020 - 2026)

Expensify's (EXFY) quarterly Gross Profit came in at $16.2 million in Q1 2026, down 11.35% year-on-year from $18.2 million in Q1 2025, and down 6.58% quarter-over-quarter from $17.3 million in Q4 2025.

Expensify (EXFY) Gross Profit (2020 - 2026) Analysis & Trends

Expensify has disclosed Gross Profit across 7 years of filings, most recently posting $16.2 million for Q1 2026.

  • Gross Profit for Q1 2026 came in at $16.2 million, down 11.35% year-over-year; the trailing twelve-month figure through Mar 2026 was $69.5 million (down 6.5% YoY), and the FY2025 annual result was $71.5 million, down 4.63% from the prior year.
  • Gross Profit came in at $16.2 million for Q1 2026 at Expensify, down from $17.3 million in the prior quarter.
  • In the past five years, Gross Profit ranged from a high of $27.4 million in Q4 2022 to a low of $16.2 million in Q1 2026.
  • The 5-year median for Gross Profit is $18.9 million (2024), against an average of $20.8 million.
  • Across the five-year window, Gross Profit soared 34.75% in 2022 and sank 31.66% in 2023, its largest moves.
  • Expensify's Gross Profit stood at $27.4 million in 2022, then tumbled by 31.66% to $18.7 million in 2023, then climbed by 0.83% to $18.9 million in 2024, then slipped by 8.2% to $17.3 million in 2025, then fell by 6.58% to $16.2 million in 2026.
  • The last three Gross Profit figures came in at $16.2 million (Q1 2026), $17.3 million (Q4 2025), and $17.4 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 238.14 Bn 220.17 Bn 8.16 Bn
2 Full Truck Alliance 166.83 Bn 164.28 Bn -
3 Uber Technologies 150.36 Bn 149.32 Bn 11.88 Bn
4 Shopify 147.75 Bn 142.01 Bn 1.55 Bn
5 Salesforce 140.39 Bn 128.55 Bn 8.56 Bn
6 Cadence Design Systems 105.73 Bn 104.32 Bn 1.26 Bn
7 ServiceNow 105.42 Bn 100.24 Bn 2.83 Bn
8 Automatic Data Processing 89.57 Bn 86.34 Bn 2.87 Bn
9 Adobe 85.05 Bn 78.16 Bn 5.90 Bn
10 Expensify 118.55 Mn 52.03 Mn 16.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 16.17 Mn
Mar 31, 2026 16.17 Mn
Dec 31, 2025 17.31 Mn
Dec 31, 2025 17.31 Mn
Sep 30, 2025 17.40 Mn
Sep 30, 2025 17.40 Mn
Jun 30, 2025 18.58 Mn
Jun 30, 2025 18.58 Mn
Mar 31, 2025 18.24 Mn
Mar 31, 2025 18.24 Mn
Dec 31, 2024 18.86 Mn
Dec 31, 2024 18.86 Mn
Sep 30, 2024 18.26 Mn
Sep 30, 2024 18.26 Mn
Jun 30, 2024 18.93 Mn
Jun 30, 2024 18.93 Mn
Mar 31, 2024 18.95 Mn
Mar 31, 2024 18.95 Mn
Dec 31, 2023 18.70 Mn
Dec 31, 2023 18.70 Mn