Expensify (EXFY) Research & Development (2020 - 2026)

Expensify (EXFY) has 7 years of Research & Development data on file, last reported at $5.3 million in Q1 2026.

• For the quarter ending Q1 2026, Research & Development rose 48.64% year-over-year to $5.3 million; the trailing twelve-month figure through Mar 2026 stood at $20.6 million (up 155.65% YoY), and the FY2025 full-year result was $20.7 million, up 61.62% from the prior year.
• Research & Development held at $5.3 million in Q1 2026, from $5.3 million in the prior quarter.
• In the past five years, Research & Development ranged from a high of $14.7 million in Q2 2023 to a low of -$24.3 million in Q4 2022.
• A 5-year average of $2.8 million and a median of $5.2 million in 2025 frame the typical range for Research & Development.
• Peak annual rise in Research & Development reached 334.58% in 2022, while the deepest fall reached 951.44% in 2022.
• Tracing EXFY's Research & Development over 5 years: stood at -$24.3 million in 2022, then jumped by 44.82% to -$13.4 million in 2023, then surged by 61.62% to -$5.1 million in 2024, then surged by 202.39% to $5.3 million in 2025, then climbed by 0.06% to $5.3 million in 2026.
• Business Quant data shows EXFY's Research & Development at $5.3 million in Q1 2026, $5.3 million in Q4 2025, and $4.9 million in Q3 2025.