Expensify (EXFY) Invested Capital (2019 - 2026)
Expensify's (EXFY) quarterly Invested Capital came in at $138.5 million in Q1 2026, up 2.88% year-on-year from $134.7 million in Q1 2025, and up 4.36% quarter-over-quarter from $132.7 million in Q4 2025.
Expensify (EXFY) Invested Capital (2019 - 2026) Analysis & Trends
Expensify has disclosed Invested Capital across 8 years of filings, most recently posting $138.5 million for Q1 2026.
- Invested Capital for Q1 2026 came in at $138.5 million, up 2.88% year-over-year; the trailing twelve-month figure through Mar 2026 was $138.5 million (up 2.88% YoY), and the FY2025 annual result was $132.7 million, up 3.51% from the prior year.
- Invested Capital came in at $138.5 million for Q1 2026 at Expensify, up from $132.7 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $151.9 million in Q1 2022 to a low of $100.4 million in Q2 2023.
- The 5-year median for Invested Capital is $119.9 million (2024), against an average of $121.8 million.
- Across the five-year window, Invested Capital surged 880.77% in 2022 and tumbled 32.01% in 2023, its largest moves.
- Expensify's Invested Capital stood at $112.2 million in 2022, then rose by 3.12% to $115.7 million in 2023, then advanced by 10.8% to $128.2 million in 2024, then advanced by 3.51% to $132.7 million in 2025, then advanced by 4.36% to $138.5 million in 2026.
- The last three Invested Capital figures came in at $138.5 million (Q1 2026), $132.7 million (Q4 2025), and $135.7 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 60.16 Bn |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | 5.83 Bn |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 24.75 Bn |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 12.50 Bn |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 73.52 Bn |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 6.99 Bn |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 11.73 Bn |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 6.35 Bn |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 16.32 Bn |
| 10 | Expensify | 118.55 Mn | 52.03 Mn | 16.17 Mn | 138.53 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 138.53 Mn |
| Dec 31, 2025 | 132.75 Mn |
| Sep 30, 2025 | 135.66 Mn |
| Jun 30, 2025 | 131.82 Mn |
| Mar 31, 2025 | 134.65 Mn |
| Dec 31, 2024 | 128.24 Mn |
| Sep 30, 2024 | 119.93 Mn |
| Jun 30, 2024 | 129.00 Mn |
| Mar 31, 2024 | 114.13 Mn |
| Dec 31, 2023 | 115.74 Mn |
| Sep 30, 2023 | 103.16 Mn |
| Jun 30, 2023 | 100.42 Mn |
| Mar 31, 2023 | 103.25 Mn |
| Dec 31, 2022 | 112.24 Mn |
| Sep 30, 2022 | 110.82 Mn |
| Jun 30, 2022 | 107.69 Mn |
| Mar 31, 2022 | 151.86 Mn |
| Dec 31, 2021 | 144.23 Mn |
| Sep 30, 2021 | 50.52 Mn |
| Jun 30, 2021 | -13.79 Mn |