Expensify EXFY
NASDAQ EXFY
$2.38 -0.05 (-2.06%)
At close: Sep 4, 2026 · 4:00 PM EDT

Expensify (EXFY) Operating Expenses (2020 - 2026)

Expensify's (EXFY) quarterly Operating Expenses came in at $19.3 million in Q2 2026, down 33.42% year-over-year from $28.9 million in Q2 2025, and up 6.11% quarter-over-quarter from $18.1 million in Q1 2026.

Analysis

Expensify (EXFY) Operating Expenses (2020 - 2026) Analysis & Trends

Expensify has disclosed Operating Expenses across 7 years of filings, most recently posting $19.3 million for Q2 2026.

  • In Q2 2026, Operating Expenses fell 33.42% year-over-year to $19.3 million; the TTM figure through Jun 2026 stood at $78.3 million (down 7.9% YoY), while the FY2025 annual figure was $89.5 million, up 18.11% from the prior year.
  • Operating Expenses came in at $19.3 million for Q2 2026 at Expensify, up from $18.1 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.
  • Average Operating Expenses over 5 years is $24.5 million, with a median of $23.0 million recorded in 2023.
  • Year-over-year, Operating Expenses surged 194.84% in 2022 and tumbled 46.68% in 2024.
  • Over 5 years, 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 retreated by 9.39% to $19.3 million in 2026.
  • Per Business Quant data, the three most recent Operating Expenses figures were $19.3 million in Q2 2026, $18.1 million in Q1 2026, and $21.2 million in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Intuit 91.01 Bn 84.23 Bn 7.24 Bn 4.54 Bn
2 Clearwater Analytics Holdings 7.30 Bn 7.22 Bn 145.55 Mn 136.56 Mn
3 Navan 7.02 Bn 6.34 Bn 163.06 Mn 181.16 Mn
4 BILL Holdings 4.52 Bn 2.59 Bn 356.19 Mn 390.44 Mn
5 Blackline 1.91 Bn 1.41 Bn 142.68 Mn 131.69 Mn
6 Expensify 218.72 Mn 152.96 Mn 16.33 Mn 19.25 Mn
7 Ankam 27.35 Mn 27.34 Mn 44,900.00 98,357.00
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 19.25 Mn
Mar 31, 2026 18.14 Mn
Dec 31, 2025 21.25 Mn
Sep 30, 2025 19.66 Mn
Jun 30, 2025 28.92 Mn
Mar 31, 2025 19.73 Mn
Dec 31, 2024 18.39 Mn
Sep 30, 2024 17.98 Mn
Jun 30, 2024 18.71 Mn
Mar 31, 2024 20.74 Mn
Dec 31, 2023 24.69 Mn
Sep 30, 2023 33.71 Mn
Jun 30, 2023 31.52 Mn
Mar 31, 2023 27.03 Mn
Dec 31, 2022 28.06 Mn
Sep 30, 2022 31.66 Mn
Jun 30, 2022 31.26 Mn
Mar 31, 2022 31.08 Mn
Dec 31, 2021 40.87 Mn
Sep 30, 2021 28.11 Mn