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.
  • Per Expensify's latest filing, its Research & Development stood at $4.9 million for Q3 2025, which was down 1269.13% from $5.2 million recorded in Q2 2025.
  • Over the past 5 years, Expensify's Research & Development peaked at $6.7 million during Q4 2024, and registered a low of $1.1 million during Q1 2021.
  • In the last 5 years, Expensify's Research & Development had a median value of $5.1 million in 2023 and averaged $4.6 million.
  • Within the past 5 years, the most significant YoY rise in Expensify's Research & Development was 23737.47% (2022), while the steepest drop was 2646.7% (2022).
  • Quarter analysis of 5 years shows Expensify's Research & Development stood at $2.8 million in 2021, then increased by 4.95% to $3.0 million in 2022, then skyrocketed by 108.93% to $6.2 million in 2023, then grew by 7.25% to $6.7 million in 2024, then fell by 26.81% to $4.9 million in 2025.
  • Its last three reported values are $4.9 million in Q3 2025, $5.2 million for Q2 2025, and $5.4 million during Q1 2025.