Expensify (EXFY) Tax Rate (2020 - 2026)
Expensify's (EXFY) quarterly Tax Rate came in at 41.63% in Q2 2026, down 4904.0% year-over-year from 0.87% in Q2 2025, and down 39.89% quarter-over-quarter from 29.76% in Q1 2026.
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Expensify (EXFY) Tax Rate (2020 - 2026) Analysis & Trends
Expensify has disclosed Tax Rate across 7 years of filings, most recently posting 41.63% for Q2 2026.
- In Q2 2026, Tax Rate fell 4904.0% year-over-year to 41.63%; the TTM figure through Jun 2026 stood at 53.56% (down 224.0% YoY), while the FY2025 annual figure was 31.28%, up 28908.0% from the prior year.
- Tax Rate came in at 41.63% for Q2 2026 at Expensify, down from 29.76% 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 6641.46% in Q2 2024.
- Average Tax Rate over 5 years is 474.03%, with a median of 32.59% recorded in 2026.
- Year-over-year, Tax Rate sank 663780 bps in 2024 and surged 664887 bps in 2025.
- Over 5 years, Tax Rate stood at 278.64% in 2022, then surged by 94 bps to 17.04% in 2023, then plunged by 9716 bps to 1672.97% in 2024, then jumped by 94 bps to 102.16% in 2025, then surged by 59 bps to 41.63% in 2026.
- Per Business Quant data, the three most recent Tax Rate figures were 41.63% in Q2 2026, 29.76% in Q1 2026, and 102.16% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Intuit | 91.01 Bn | 84.23 Bn | 7.24 Bn | 24.29% |
| 2 | Clearwater Analytics Holdings | 7.30 Bn | 7.22 Bn | 145.55 Mn | 22.44% |
| 3 | Navan | 7.02 Bn | 6.34 Bn | 163.06 Mn | -4.07% |
| 4 | BILL Holdings | 4.52 Bn | 2.59 Bn | 356.19 Mn | 7.94% |
| 5 | Blackline | 1.91 Bn | 1.41 Bn | 142.68 Mn | 27.41% |
| 6 | Expensify | 218.72 Mn | 152.96 Mn | 16.33 Mn | -41.63% |
| 7 | Ankam | 27.35 Mn | 27.34 Mn | 44,900.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -41.63% |
| Mar 31, 2026 | -29.76% |
| Dec 31, 2025 | -102.16% |
| Sep 30, 2025 | -9.25% |
| Jun 30, 2025 | 7.41% |
| Mar 31, 2025 | -172.48% |
| Dec 31, 2024 | -1,672.97% |
| Sep 30, 2024 | 575.69% |
| Jun 30, 2024 | -6,641.46% |
| Mar 31, 2024 | -37.64% |
| Dec 31, 2023 | -17.04% |
| Sep 30, 2023 | 1.74% |
| Jun 30, 2023 | -3.66% |
| Mar 31, 2023 | -44.30% |
| Dec 31, 2022 | -278.64% |
| Sep 30, 2022 | -2.47% |
| Jun 30, 2022 | -35.42% |
| Mar 31, 2022 | -28.41% |
| Dec 31, 2021 | -2.49% |
| Sep 30, 2021 | 36.32% |