Expensify (EXFY) Operating Leases (2020 - 2026)
Expensify's Operating Leases came in at $4.75 million for Q2 2026, down 11.6% from $5.38 million a year earlier and down 3.2% from the prior quarter.
Analysis
Expensify (EXFY) Operating Leases (2020 - 2026) Analysis & Trends
At the end of FY2025, Expensify's Operating Leases was $5.06 million, down 11.8% from FY2024.
- Operating Leases carries a five-year compound annual growth rate of 16.6% (FY2020 to FY2025).
- Going back by year, Operating Leases was $5.74 million in FY2024 (-11.3%), $6.47 million in FY2023 and $802,000 in FY2021 (-65.9%).
- The Q2 2026 figure represents the lowest quarterly Operating Leases since Q1 2023.
- Year-over-year, Operating Leases has declined for nine consecutive quarters, with an average decline of 11.1% over the last eight quarters.
- The year-over-year decline in Operating Leases has ranged between 1.7% (Q2 2024) and 76.5% (Q1 2023) over the last five years.
- Business Quant data shows EXFY's Operating Leases at $4.91 million (Q1 2026), $5.06 million (Q4 2025) and $5.21 million (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Palantir Technologies | 484.14 Bn | 453.09 Bn | 1.64 Bn |
| 2 | Oracle | 382.29 Bn | 254.42 Bn | - |
| 3 | Sap Se | 271.18 Bn | 198.96 Bn | 8.40 Bn |
| 4 | Salesforce | 198.30 Bn | 154.17 Bn | 8.70 Bn |
| 5 | ServiceNow | 157.86 Bn | 136.32 Bn | 2.82 Bn |
| 6 | Automatic Data Processing | 118.67 Bn | 100.80 Bn | 2.51 Bn |
| 7 | Intuit | 92.65 Bn | 72.00 Bn | 3.44 Bn |
| 8 | Relx | 71.64 Bn | 70.74 Bn | - |
| 9 | Strategy | 54.13 Bn | 47.12 Bn | 81.55 Mn |
| 10 | Expensify | 248.62 Mn | -8.20 Mn | 16.33 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.75 Mn |
| 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 |
API Access
Expensify Operating Leases API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=operating-leases&ticker=EXFY&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-leases", "ticker": "EXFY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=operating-leases&ticker=EXFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();