Expensify (EXFY) Net Margin (2020 - 2026)
Expensify (EXFY) recorded Net Margin of -11.37% in Q2 2026, up 13.20 percentage points from -24.57% a year earlier but down 4.49 percentage points from the prior quarter.
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Analysis
Expensify (EXFY) Net Margin (2020 - 2026) Analysis & Trends
On a TTM basis, Expensify's Net Margin came in at -11.31% as of Jun 30, 2026, down 0.59 percentage points year-over-year; for FY2025, it came in at -15.05%, down 7.83 percentage points from FY2024.
- Annual Net Margin has a five-year change of -13.11 percentage points (FY2020 to FY2025).
- Across earlier years, Net Margin came in at -7.22% in FY2024 (+20.29 pp), -27.51% in FY2023 (-11.58 pp), -15.93% in FY2022 (-6.44 pp) and -9.49% in FY2021 (-7.55 pp).
- Quarterly Net Margin has ranged from -46.59% in Q3 2023 to -3.55% in Q4 2024 over the past five years.
- On a year-over-year basis, Net Margin rose in five of the last eight quarters, with an average year-over-year change of +5.19 percentage points.
- Peak year-over-year performance for Net Margin in the last five years was a gain of 40.38 percentage points in Q3 2024, against a drop of 47.06 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at -6.88% (Q1 2026), -20.22% (Q4 2025) and -6.60% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 409.02 Bn | 373.85 Bn | 1.93 Bn | 48.76% |
| 2 | Oracle | 353.13 Bn | 225.26 Bn | - | 24.19% |
| 3 | Sap Se | 276.84 Bn | 204.24 Bn | 8.64 Bn | 21.90% |
| 4 | Salesforce | 176.39 Bn | 132.26 Bn | 8.70 Bn | 31.08% |
| 5 | Automatic Data Processing | 121.30 Bn | 108.10 Bn | 2.53 Bn | 20.49% |
| 6 | ServiceNow | 107.32 Bn | 86.59 Bn | 2.90 Bn | 6.75% |
| 7 | Intuit | 93.19 Bn | 72.54 Bn | 3.44 Bn | 8.34% |
| 8 | Relx | 73.35 Bn | 72.44 Bn | - | - |
| 9 | Strategy | 50.90 Bn | 38.04 Bn | 89.63 Mn | 15,243.08% |
| 10 | Expensify | 172.99 Mn | -86.12 Mn | 14.93 Mn | -10.10% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | -10.10% |
| 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% |
API Access
Expensify Net Margin 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=net-margin&ticker=EXFY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "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=net-margin&ticker=EXFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();