Expensify (EXFY) Tax Rate (2020 - 2026)

Expensify (EXFY) posted Tax Rate of 27.76% for Q1 2026, up 72.83% sequentially from 102.19% in Q4 2025, and up 14472.0% YoY from N/an in Q1 2025.

Expensify (EXFY) Tax Rate (2020 - 2026) Analysis & Trends

Expensify has reported Tax Rate for 7 years, with the latest figure at 27.76% in Q1 2026.

Quarterly Tax Rate rose 14472.0% year-over-year to 27.76% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 21.25% (up 104316.0% YoY) and the FY2025 annual result came in at 31.28%, up 28908.0% from the prior year.
Tax Rate advanced to 27.76% in Q1 2026 per EXFY's latest filing, from 102.19% in the prior quarter.
Over five years, Tax Rate peaked at 568.66% in Q3 2024 and troughed at 6585.37% in Q2 2024.
A 5-year average of 496.73% and a median of 28.41% in 2022 frame the typical range for Tax Rate.
The sharpest annual moves came in 2024 and 2025: Tax Rate slumped 658171 bps in 2024, then jumped 659277 bps in 2025.
Over 5 years, Tax Rate stood at 283.84% in 2022, then soared by 94 bps to 17.04% in 2023, then slumped by 9716 bps to 1672.97% in 2024, then jumped by 94 bps to 102.19% in 2025, then soared by 73 bps to 27.76% in 2026.
According to Business Quant data, Tax Rate over the past three periods registered 27.76%, 102.19%, and 9.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Tax Rate (Qtr)
1	Sap Se	255.48 Bn	234.41 Bn	16.51 Bn	-27.76%
2	Shopify	198.95 Bn	194.00 Bn	1.71 Bn	15.38%
3	Salesforce	160.70 Bn	148.86 Bn	8.56 Bn	22.57%
4	Uber Technologies	154.94 Bn	149.73 Bn	6.38 Bn	25.63%
5	ServiceNow	128.25 Bn	123.58 Bn	2.82 Bn	31.96%
6	Snowflake	114.00 Bn	111.05 Bn	926.45 Mn	0.37%
7	Automatic Data Processing	108.58 Bn	104.35 Bn	2.51 Bn	22.20%
8	Adobe	105.34 Bn	99.72 Bn	5.90 Bn	23.50%
9	Intuit	94.55 Bn	87.77 Bn	7.24 Bn	24.29%
10	Expensify	211.36 Mn	145.60 Mn	16.33 Mn	-41.63%

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