Growth Metrics

Expensify (EXFY) Research & Development (2020 - 2025)

Historic Research & Development for Expensify (EXFY) over the last 6 years, with Q3 2025 value amounting to $4.9 million.

  • Expensify's Research & Development fell 1269.13% to $4.9 million in Q3 2025 from the same period last year, while for Sep 2025 it was $22.1 million, marking a year-over-year decrease of 852.59%. This contributed to the annual value of $24.6 million for FY2024, which is 543.48% up from last year.
  • According to the latest figures from Q3 2025, Expensify's Research & Development is $4.9 million, which was down 1269.13% from $5.2 million recorded in Q2 2025.
  • In the past 5 years, Expensify's Research & Development ranged from a high of $6.7 million in Q4 2024 and a low of $1.1 million during Q1 2021
  • Moreover, its 5-year median value for Research & Development was $5.1 million (2023), whereas its average is $4.6 million.
  • Examining YoY changes over the last 5 years, Expensify's Research & Development showed a top increase of 23737.47% in 2022 and a maximum decrease of 2646.7% in 2022.
  • Quarter analysis of 5 years shows Expensify's Research & Development stood at $2.8 million in 2021, then rose by 4.95% to $3.0 million in 2022, then surged by 108.93% to $6.2 million in 2023, then increased by 7.25% to $6.7 million in 2024, then dropped by 26.81% to $4.9 million in 2025.
  • Its Research & Development stands at $4.9 million for Q3 2025, versus $5.2 million for Q2 2025 and $5.4 million for Q1 2025.