Expensify (EXFY) Operating Expenses (2020 - 2026)

Expensify has disclosed Operating Expenses across 7 years of filings, most recently posting $18.1 million for Q1 2026.

• Operating Expenses for Q1 2026 came in at $18.1 million, down 8.04% year-over-year; the trailing twelve-month figure through Mar 2026 was $88.0 million (up 17.59% YoY), and the FY2025 annual result was $89.5 million, up 18.11% from the prior year.
• Operating Expenses came in at $18.1 million for Q1 2026 at Expensify, down from $21.2 million in the prior quarter.
• In the past five years, Operating Expenses ranged from a high of $33.7 million in Q3 2023 to a low of $18.0 million in Q3 2024.
• The 5-year median for Operating Expenses is $24.7 million (2023), against an average of $24.9 million.
• Across the five-year window, Operating Expenses jumped 194.84% in 2022 and plunged 46.68% in 2024, its largest moves.
• Expensify's Operating Expenses stood at $28.1 million in 2022, then fell by 12.04% to $24.7 million in 2023, then dropped by 25.5% to $18.4 million in 2024, then grew by 15.53% to $21.2 million in 2025, then declined by 14.61% to $18.1 million in 2026.
• The last three Operating Expenses figures came in at $18.1 million (Q1 2026), $21.2 million (Q4 2025), and $19.7 million (Q3 2025), per Business Quant data.