Expensify (EXFY) Tax Rate (2020 - 2026)
Expensify's (EXFY) quarterly Tax Rate came in at 29.76% in Q1 2026, up 14272.0% year-on-year from N/an in Q1 2025, and up 70.87% quarter-over-quarter from 102.16% in Q4 2025.
Expensify (EXFY) Tax Rate (2020 - 2026) Analysis & Trends
Expensify has disclosed Tax Rate across 7 years of filings, most recently posting 29.76% for Q1 2026.
- Tax Rate for Q1 2026 came in at 29.76%, up 14272.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 21.41% (up 104707.0% YoY), and the FY2025 annual result 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.
- The 5-year median for Tax Rate is 29.76% (2026), against an average of 496.24%.
- Across the five-year window, Tax Rate sank 658193 bps in 2024 and surged 659236 bps in 2025, its largest moves.
- Expensify's Tax Rate stood at 283.84% in 2022, then soared by 94 bps to 17.55% in 2023, then slumped by 9434 bps to 1672.97% in 2024, then jumped by 94 bps to 102.16% in 2025, then soared by 71 bps to 29.76% in 2026.
- The last three Tax Rate figures came in at 29.76% (Q1 2026), 102.16% (Q4 2025), and 7.13% (Q3 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | - |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | -18.42% |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 39.11% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 8.36% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 22.74% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 21.59% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 30.31% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 23.68% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 23.50% |
| 10 | Expensify | 118.55 Mn | 52.03 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% |