Expensify (EXFY) Tax Rate (2020 - 2024)
Expensify's Tax Rate came in at -41.63% for Q2 2026, down 49.04 percentage points from 7.41% a year earlier and down 11.87 percentage points from the prior quarter.
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Analysis
Expensify (EXFY) Tax Rate (2020 - 2024) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Expensify reported Tax Rate of -53.56%, down 2.24 percentage points year-over-year; for FY2025, it came in at -31.28%, up 289.08 percentage points from FY2024.
- Tax Rate carries a five-year change of -189.20 percentage points (FY2020 to FY2025).
- Going back by year, Tax Rate was -320.36% in FY2024 (-312.61 pp), -7.75% in FY2023 (+23.09 pp), -30.84% in FY2022 (-32.11 pp) and 1.27% in FY2021 (-156.66 pp).
- The five-year range for quarterly Tax Rate is -6641.46% (Q2 2024) to 575.69% (Q3 2024).
- Year-over-year, Tax Rate increased in four of the last eight quarters, with an average year-over-year change of +813.95 percentage points.
- The fastest year-over-year change in Tax Rate over five years came in Q2 2025 (a gain of 6648.87 percentage points), and the weakest in Q2 2024 (a drop of 6637.80 percentage points).
- Business Quant data shows EXFY's Tax Rate at -29.76% (Q1 2026), -102.16% (Q4 2025) and -9.25% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Palantir Technologies | 449.46 Bn | 418.52 Bn | 1.64 Bn | 1.42% |
| 2 | Oracle | 415.29 Bn | 287.84 Bn | - | 15.11% |
| 3 | Sap Se | 256.30 Bn | 177.39 Bn | 8.40 Bn | - |
| 4 | Salesforce | 188.94 Bn | 144.82 Bn | 8.70 Bn | 22.54% |
| 5 | ServiceNow | 138.57 Bn | 117.03 Bn | 2.82 Bn | 31.96% |
| 6 | Automatic Data Processing | 102.66 Bn | 84.78 Bn | 2.51 Bn | 22.20% |
| 7 | Intuit | 74.00 Bn | 53.35 Bn | 3.44 Bn | 32.78% |
| 8 | Relx | 60.34 Bn | 57.31 Bn | - | - |
| 9 | Strategy | 53.88 Bn | 46.87 Bn | 81.55 Mn | - |
| 10 | Expensify | 206.77 Mn | -50.05 Mn | 16.33 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2024 | 575.69% |
| Jun 30, 2021 | 1.49% |
| Mar 31, 2021 | 25.56% |
| Dec 31, 2020 | 54.56% |
API Access
Expensify Tax Rate API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=tax-rate&ticker=EXFY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "tax-rate", "ticker": "EXFY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=tax-rate&ticker=EXFY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();