Expensify (EXFY) Operating Margin (2020 - 2026)
Expensify (EXFY) posted Operating Margin of 5.81% for Q1 2026, up 48.1% sequentially from 11.19% in Q4 2025, and down 168.0% YoY from 8.54% in Q1 2025.
Expensify (EXFY) Operating Margin (2020 - 2026) Analysis & Trends
Expensify has reported Operating Margin for 7 years, with the latest figure at 5.81% in Q1 2026.
- Quarterly Operating Margin fell 168.0% year-over-year to 5.81% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 13.22% (down 1285.0% YoY) and the FY2025 annual result came in at 12.68%, down 1209.0% from the prior year.
- Operating Margin grew to 5.81% in Q1 2026 per EXFY's latest filing, from 11.19% in the prior quarter.
- Over five years, Operating Margin peaked at 1.26% in Q4 2024 and troughed at 40.82% in Q3 2023.
- A 5-year average of 10.85% and a median of 6.74% in 2023 frame the typical range for Operating Margin.
- The widest YoY moves for Operating Margin: up 4902 bps in 2022, down 5083 bps in 2022.
- Over 5 years, Operating Margin stood at 1.61% in 2022, then sank by 956 bps to 17.0% in 2023, then surged by 107 bps to 1.26% in 2024, then sank by 990 bps to 11.19% in 2025, then soared by 48 bps to 5.81% in 2026.
- According to Business Quant data, Operating Margin over the past three periods registered 5.81%, 11.19%, and 6.44% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 255.48 Bn | 234.41 Bn | 16.51 Bn | 27.70% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 13.62% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 21.08% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 13.32% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 4.06% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | -23.45% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | -33.33% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 33.82% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 46.97% |
| 10 | Expensify | 211.36 Mn | 145.60 Mn | 16.33 Mn | -8.63% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | -8.63% |
| Mar 31, 2026 | -5.81% |
| Dec 31, 2025 | -11.19% |
| Sep 30, 2025 | -6.44% |
| Jun 30, 2025 | -28.91% |
| Mar 31, 2025 | -4.12% |
| Dec 31, 2024 | 1.26% |
| Sep 30, 2024 | 0.81% |
| Jun 30, 2024 | 0.66% |
| Mar 31, 2024 | -5.35% |
| Dec 31, 2023 | -17.00% |
| Sep 30, 2023 | -40.82% |
| Jun 30, 2023 | -24.59% |
| Mar 31, 2023 | -6.74% |
| Dec 31, 2022 | -1.61% |
| Sep 30, 2022 | -13.45% |
| Jun 30, 2022 | -9.21% |
| Mar 31, 2022 | -11.99% |
| Dec 31, 2021 | -50.63% |
| Sep 30, 2021 | -23.65% |