Expensify (EXFY) Operating Leases (2020 - 2026)

Expensify's (EXFY) quarterly Operating Leases came in at $4.9 million in Q1 2026, down 11.66% year-on-year from $5.6 million in Q1 2025, and down 2.98% quarter-over-quarter from $5.1 million in Q4 2025.

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

Expensify has disclosed Operating Leases across 7 years of filings, most recently posting $4.9 million for Q1 2026.

  • Operating Leases for Q1 2026 came in at $4.9 million, down 11.66% year-over-year; the trailing twelve-month figure through Mar 2026 was $4.9 million (down 11.66% YoY), and the FY2025 annual result was $5.1 million, down 11.8% from the prior year.
  • Operating Leases came in at $4.9 million for Q1 2026 at Expensify, down from $5.1 million in the prior quarter.
  • In the past five years, Operating Leases ranged from a high of $6.5 million in Q3 2023 to a low of $68000.0 in Q2 2022.
  • The 5-year median for Operating Leases is $5.6 million (2025), against an average of $4.7 million.
  • Peak annual rise in Operating Leases reached 9055.88% in 2023, while the deepest fall reached 76.54% in 2023.
  • Expensify's Operating Leases stood at $68000.0 in 2022, then jumped by 9410.29% to $6.5 million in 2023, then declined by 11.27% to $5.7 million in 2024, then declined by 11.8% to $5.1 million in 2025, then declined by 2.98% to $4.9 million in 2026.
  • The last three Operating Leases figures came in at $4.9 million (Q1 2026), $5.1 million (Q4 2025), and $5.2 million (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Sap Se 257.53 Bn 239.56 Bn 8.16 Bn
2 Full Truck Alliance 171.61 Bn 169.06 Bn -
3 Salesforce 152.15 Bn 140.31 Bn 8.56 Bn
4 Uber Technologies 144.45 Bn 143.41 Bn 11.88 Bn
5 Shopify 144.09 Bn 138.34 Bn 1.55 Bn
6 ServiceNow 110.55 Bn 105.37 Bn 2.83 Bn
7 Cadence Design Systems 106.32 Bn 104.91 Bn 1.26 Bn
8 Adobe 97.77 Bn 90.88 Bn 5.73 Bn
9 Automatic Data Processing 93.39 Bn 90.16 Bn 2.87 Bn
10 Expensify 111.53 Mn 45.00 Mn 16.17 Mn

Historic Data

Download Data
DateValue
Mar 31, 2026 4.91 Mn
Dec 31, 2025 5.06 Mn
Sep 30, 2025 5.21 Mn
Jun 30, 2025 5.38 Mn
Mar 31, 2025 5.56 Mn
Dec 31, 2024 5.74 Mn
Sep 30, 2024 5.93 Mn
Jun 30, 2024 6.12 Mn
Mar 31, 2024 6.16 Mn
Dec 31, 2023 6.47 Mn
Sep 30, 2023 6.51 Mn
Jun 30, 2023 6.23 Mn
Mar 31, 2023 95,000.00
Jun 30, 2022 68,000.00
Mar 31, 2022 405,000.00
Dec 31, 2021 802,000.00
Sep 30, 2021 1.19 Mn
Dec 31, 2020 2.35 Mn