Growth Metrics

Expensify (EXFY) Operating Expenses (2020 - 2025)

Expensify (EXFY) has disclosed Operating Expenses for 6 consecutive years, with $21.2 million as the latest value for Q4 2025.

  • Quarterly Operating Expenses rose 15.53% to $21.2 million in Q4 2025 from the year-ago period, while the trailing twelve-month figure was $89.5 million through Dec 2025, up 18.11% year-over-year, with the annual reading at $89.5 million for FY2025, 18.11% up from the prior year.
  • Operating Expenses hit $21.2 million in Q4 2025 for Expensify, up from $19.7 million in the prior quarter.
  • In the past five years, Operating Expenses ranged from a high of $40.9 million in Q4 2021 to a low of $10.5 million in Q1 2021.
  • Historically, Operating Expenses has averaged $25.2 million across 5 years, with a median of $25.9 million in 2023.
  • Biggest five-year swings in Operating Expenses: surged 219.03% in 2021 and later tumbled 46.68% in 2024.
  • Year by year, Operating Expenses stood at $40.9 million in 2021, then tumbled by 31.34% to $28.1 million in 2022, then decreased by 12.04% to $24.7 million in 2023, then fell by 25.5% to $18.4 million in 2024, then rose by 15.53% to $21.2 million in 2025.
  • Business Quant data shows Operating Expenses for EXFY at $21.2 million in Q4 2025, $19.7 million in Q3 2025, and $28.9 million in Q2 2025.