Expensify (EXFY) Tax Rate (2020 - 2026)
Expensify recorded quarterly Tax Rate of 29.76% in Q1 2026, up 70.87% quarter-over-quarter from 102.16% in Q4 2025, and up 14272.0% year-over-year from N/an in Q1 2025.
Expensify's Tax Rate history runs 7 years deep, the most recent figure standing at 29.76% for Q1 2026.
- In Q1 2026, Tax Rate rose 14272.0% year-over-year to 29.76%; the TTM figure through Mar 2026 stood at 21.41% (up 104707.0% YoY), while the FY2025 annual figure was 31.28%, up 28908.0% from the prior year.
- Tax Rate came in at 29.76% for Q1 2026 at Expensify, up from 102.16% in the prior quarter.
- In the past five years, Tax Rate ranged from a high of 575.69% in Q3 2024 to a low of 6585.37% in Q2 2024.
- A 5-year average of 496.24% and a median of 29.76% in 2026 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate plunged 658193 bps in 2024 and soared 659236 bps in 2025, its largest moves.
- Expensify's Tax Rate stood at 283.84% in 2022, then jumped by 94 bps to 17.55% in 2023, then sank by 9434 bps to 1672.97% in 2024, then surged by 94 bps to 102.16% in 2025, then jumped by 71 bps to 29.76% in 2026.
- According to Business Quant data, Tax Rate over the past three periods registered 29.76%, 102.16%, and 7.13% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | - |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 25.31 |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 39.11 |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 8.36 |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 30.31 |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 21.59 |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 22.01 |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 23.68 |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 24.29 |
| 10 | Expensify | 106.84 Mn | 40.31 Mn | 16.17 Mn | -29.76 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -29.76 |
| Mar 31, 2026 | -29.76 |
| Dec 31, 2025 | -102.16 |
| Dec 31, 2025 | -102.16 |
| Sep 30, 2025 | -7.13 |
| Sep 30, 2025 | -7.13 |
| Jun 30, 2025 | 7.00 |
| Jun 30, 2025 | 7.00 |
| Mar 31, 2025 | -172.48 |
| Mar 31, 2025 | -172.48 |
| Dec 31, 2024 | -1,672.97 |
| Dec 31, 2024 | -1,672.97 |
| Sep 30, 2024 | 575.69 |
| Sep 30, 2024 | 575.69 |
| Jun 30, 2024 | -6,585.37 |
| Jun 30, 2024 | -6,585.37 |
| Mar 31, 2024 | -36.40 |
| Mar 31, 2024 | -36.40 |
| Dec 31, 2023 | -17.55 |
| Dec 31, 2023 | -17.55 |
| Sep 30, 2023 | 1.74 |
| Sep 30, 2023 | 1.74 |
| Jun 30, 2023 | -3.44 |
| Jun 30, 2023 | -3.44 |
| Mar 31, 2023 | -44.30 |
| Mar 31, 2023 | -44.30 |
| Dec 31, 2022 | -283.84 |
| Dec 31, 2022 | -283.84 |
| Sep 30, 2022 | -1.93 |
| Sep 30, 2022 | -1.93 |
| Jun 30, 2022 | -34.83 |
| Jun 30, 2022 | -34.83 |
| Mar 31, 2022 | -28.41 |
| Mar 31, 2022 | -28.41 |
| Dec 31, 2021 | -2.49 |
| Dec 31, 2021 | -2.49 |
| Sep 30, 2021 | 36.32 |
| Sep 30, 2021 | 36.32 |
| Jun 30, 2021 | 1.49 |
| Jun 30, 2021 | 1.49 |
| Mar 31, 2021 | 25.56 |
| Mar 31, 2021 | 25.56 |
| Dec 31, 2020 | 54.56 |
| Dec 31, 2020 | 54.56 |
| Sep 30, 2020 | -21.02 |
| Sep 30, 2020 | -21.02 |