Expensify (EXFY) Net Margin (2020 - 2026)

Expensify (EXFY) reported Net Margin of 6.88% for Q1 2026, up 190.0% on a YoY basis from 2.37% in Q1 2025, and up 65.98% sequentially from 20.22% in Q4 2025.

Expensify (EXFY) Net Margin (2020 - 2026) Analysis & Trends

Expensify (EXFY) has 7 years of Net Margin data on file, last reported at 6.88% in Q1 2026.

  • For the quarter ending Q1 2026, Net Margin rose 190.0% year-over-year to 6.88%; the trailing twelve-month figure through Mar 2026 stood at 14.68% (down 802.0% YoY), and the FY2025 full-year result was 15.05%, down 783.0% from the prior year.
  • Net Margin advanced to 6.88% in Q1 2026, from 20.22% 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.
  • A 5-year average of 15.96% and a median of 14.83% in 2023 frame the typical range for Net Margin.
  • Across the five-year window, Net Margin slumped 2720 bps in 2023 and jumped 4038 bps in 2024, its largest moves.
  • Tracing EXFY's Net Margin over 5 years: stood at 7.81% in 2022, then slumped by 162 bps to 20.46% in 2023, then jumped by 83 bps to 3.55% in 2024, then plunged by 470 bps to 20.22% in 2025, then soared by 66 bps to 6.88% in 2026.
  • Business Quant data shows EXFY's Net Margin at 6.88% in Q1 2026, 20.22% in Q4 2025, and 6.6% in Q3 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Net Margin (Qtr)
1 Sap Se 208.91 Bn 189.27 Bn 8.16 Bn 20.22%
2 Full Truck Alliance 188.77 Bn 186.13 Bn - -
3 Shopify 145.98 Bn 140.23 Bn 1.55 Bn -18.33%
4 Uber Technologies 141.48 Bn 140.44 Bn 5.95 Bn 2.29%
5 Salesforce 128.51 Bn 116.67 Bn 8.56 Bn 18.93%
6 ServiceNow 98.38 Bn 93.20 Bn 2.82 Bn 7.47%
7 Automatic Data Processing 97.56 Bn 94.34 Bn 2.87 Bn 22.90%
8 Snowflake 91.55 Bn 88.59 Bn 926.45 Mn -21.25%
9 Cadence Design Systems 89.91 Bn 88.50 Bn 1.41 Bn 22.77%
10 Expensify 163.07 Mn 96.54 Mn 16.17 Mn -6.88%

Historic Data

Download Data
DateValue
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%
Jun 30, 2021 5.45%