Expensify (EXFY) Net Margin (2020 - 2026)
Expensify's (EXFY) quarterly Net Margin came in at 11.37% in Q2 2026, up 1320.0% year-over-year from 0.8% in Q2 2025, and down 65.29% quarter-over-quarter from 6.88% in Q1 2026.
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Expensify (EXFY) Net Margin (2020 - 2026) Analysis & Trends
Expensify has disclosed Net Margin across 7 years of filings, most recently posting 11.37% for Q2 2026.
- In Q2 2026, Net Margin rose 1320.0% year-over-year to 11.37%; the TTM figure through Jun 2026 stood at 11.31% (down 59.0% YoY), while the FY2025 annual figure was 15.05%, down 783.0% from the prior year.
- Net Margin came in at 11.37% for Q2 2026 at Expensify, down from 6.88% in the prior quarter.
- In the past five years, Net Margin ranged from a high of 3.55% in Q4 2024 to a low of 46.59% in Q3 2023.
- Average Net Margin over 5 years is 15.71%, with a median of 13.1% recorded in 2026.
- Year-over-year, Net Margin tumbled 2720 bps in 2023 and surged 4038 bps in 2024.
- Over 5 years, Net Margin stood at 7.81% in 2022, then tumbled by 162 bps to 20.46% in 2023, then surged by 83 bps to 3.55% in 2024, then sank by 470 bps to 20.22% in 2025, then jumped by 44 bps to 11.37% in 2026.
- Per Business Quant data, the three most recent Net Margin figures were 11.37% in Q2 2026, 6.88% in Q1 2026, and 20.22% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 35.80% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | -1.26% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -9.31% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | -4.23% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 0.60% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -11.37% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | -119.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -11.37% |
| Mar 31, 2026 | -6.88% |
| Dec 31, 2025 | -20.22% |
| Sep 30, 2025 | -6.60% |
| Jun 30, 2025 | -24.57% |
| Mar 31, 2025 | -8.78% |
| Dec 31, 2024 | -3.55% |
| Sep 30, 2024 | -6.21% |
| Jun 30, 2024 | -8.30% |
| Mar 31, 2024 | -11.27% |
| Dec 31, 2023 | -20.46% |
| Sep 30, 2023 | -46.59% |
| Jun 30, 2023 | -29.07% |
| Mar 31, 2023 | -14.83% |
| Dec 31, 2022 | -7.81% |
| Sep 30, 2022 | -19.40% |
| Jun 30, 2022 | -18.52% |
| Mar 31, 2022 | -18.27% |
| Dec 31, 2021 | -40.29% |
| Sep 30, 2021 | -16.94% |