Expensify reported revenue of $33.87M and net income of -$3.85M for the quarter ended Jun 2026, down 5.3% year over year. This income statement covers 24 quarters of results from Sep 2020 through Jun 2026, standardized by Business Quant from the company’s SEC filings.
| Income Statement | Sep2020 | Dec2020 | Mar2021 | Jun2021 | Sep2021 | Dec2021 | Mar2022 | Jun2022 | Sep2022 | Dec2022 | Mar2023 | Jun2023 | Sep2023 | Dec2023 | Mar2024 | Jun2024 | Sep2024 | Dec2024 | Mar2025 | Jun2025 | Sep2025 | Dec2025 | Mar2026 | Jun2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue & cost | ||||||||||||||||||||||||
| Revenue | 37.45M | 40.36M | 40.37M | 43.16M | 42.49M | 43.47M | 40.10M | 38.88M | 36.49M | 35.21M | 33.53M | 33.29M | 35.41M | 37.00M | 36.07M | 35.76M | 35.06M | 35.20M | 33.97M | 33.87M | ||||
| Cost of RevenueCost of Rev | 18.20M | 19.93M | 14.13M | 15.88M | 16.55M | 16.11M | 15.78M | 16.93M | 17.68M | 16.51M | 14.58M | 14.36M | 17.14M | 18.15M | 17.83M | 17.19M | 17.67M | 17.89M | 17.80M | 17.54M | ||||
| Gross Profit | 19.25M | 20.44M | 26.24M | 27.29M | 25.94M | 27.36M | 24.33M | 21.96M | 18.81M | 18.70M | 18.95M | 18.93M | 18.26M | 18.86M | 18.24M | 18.58M | 17.40M | 17.31M | 16.17M | 16.33M | ||||
| Operating items | ||||||||||||||||||||||||
| Research & DevelopmentR&D | 7.61M | 13.11M | 13.37M | 12.24M | 12.34M | 11.92M | 9.18M | 14.71M | 12.86M | 7.59M | 5.93M | 6.39M | 5.62M | 6.70M | 5.36M | 14.35M | 4.94M | 3.92M | 5.26M | 4.98M | ||||
| Selling, General & AdministrativeSG&A | 18.33M | 24.91M | 14.01M | 15.43M | 15.90M | 13.15M | 12.43M | 11.71M | 14.24M | 10.84M | 11.43M | 9.24M | 9.08M | 8.62M | 10.83M | 9.41M | 9.81M | 12.07M | 9.12M | 9.59M | ||||
| Other Operating ExpensesOther Opex | 2.17M | 2.85M | 3.70M | 3.58M | 3.42M | 2.99M | 5.42M | 5.09M | 6.61M | 6.25M | 3.38M | 3.07M | 3.27M | 3.07M | 3.54M | 5.16M | 4.91M | 5.26M | 3.76M | 4.68M | ||||
| Operating ExpensesOpex | 28.11M | 40.87M | 31.08M | 31.26M | 31.66M | 28.06M | 27.03M | 31.52M | 33.71M | 24.69M | 20.74M | 18.71M | 17.98M | 18.39M | 19.73M | 28.91M | 19.66M | 21.25M | 18.14M | 19.25M | ||||
| Operating IncomeOp. Inc | -8.86M | -20.43M | -4.84M | -3.97M | -5.72M | -0.70M | -2.70M | -9.56M | -14.90M | -5.99M | -1.79M | 0.22M | 0.29M | 0.47M | -1.49M | -10.34M | -2.26M | -3.94M | -1.97M | -2.92M | ||||
| EBIT | -8.86M | -20.43M | -4.84M | -3.97M | -5.72M | -0.70M | -2.70M | -9.56M | -14.90M | -5.99M | -1.79M | 0.22M | 0.29M | 0.47M | -1.49M | -10.34M | -2.26M | -3.94M | -1.97M | -2.92M | ||||
| Non-operating items | ||||||||||||||||||||||||
| Non Operating Interest Expenses | 1.37M | 0.26M | ||||||||||||||||||||||
| Interest & Investment IncomeInt & Inv Inc | -1.05M | -0.92M | -0.90M | -1.96M | -2.37M | -0.18M | -1.42M | -1.37M | -2.38M | -0.17M | -0.95M | 0.32M | 0.89M | 0.17M | 0.20M | |||||||||
| Other Non Operating IncomeOther Non Op Inc. | -2.38M | -0.95M | -0.26M | 0.18M | -0.54M | 0.32M | 0.89M | 0.10M | 0.42M | |||||||||||||||
| Net income details | ||||||||||||||||||||||||
| EBT | -9.91M | -21.36M | -5.74M | -5.93M | -8.09M | -0.89M | -4.12M | -10.93M | -17.27M | -6.16M | -2.75M | -0.04M | 0.47M | -0.07M | -1.16M | -9.45M | -2.16M | -3.52M | -1.80M | -2.72M | ||||
| Tax ProvisionsTaxes | -3.60M | 0.53M | 1.63M | 2.10M | 0.20M | 2.47M | 1.82M | 0.40M | -0.30M | 1.05M | 1.03M | 2.72M | 2.70M | 1.24M | 2.01M | -0.70M | 0.20M | 3.60M | 0.54M | 1.13M | ||||
| Profit After TaxPAT | -6.34M | -21.89M | -7.38M | -7.99M | -8.24M | -3.40M | -5.95M | -11.30M | -17.00M | -7.20M | -3.78M | -2.76M | -2.20M | -1.31M | -3.17M | -8.79M | -2.31M | -7.12M | -2.34M | -3.85M | ||||
| Income from Continuing OperationsIncome (Continuing) | -6.31M | -21.89M | -7.38M | -8.03M | -8.29M | -3.35M | -5.95M | -11.33M | -16.97M | -7.20M | -3.78M | -2.76M | -2.23M | -1.31M | -3.17M | -8.75M | -2.36M | -7.12M | -2.34M | -3.85M | ||||
| Consolidated Net IncomeConsol Net Inc. | -6.31M | -21.89M | -7.38M | -8.03M | -8.29M | -3.35M | -5.95M | -11.33M | -16.97M | -7.20M | -3.78M | -2.76M | -2.23M | -1.31M | -3.17M | -8.75M | -2.36M | -7.12M | -2.34M | -3.85M | ||||
| Income towards Parent CompanyParent Net Inc | -6.31M | -21.89M | -7.38M | -8.03M | -8.29M | -3.35M | -5.95M | -11.33M | -16.97M | -7.20M | -3.78M | -2.76M | -2.23M | -1.31M | -3.17M | -8.75M | -2.36M | -7.12M | -2.34M | -3.85M | ||||
| Preferred Dividend PaymentsPref Dividends | -5.62M | |||||||||||||||||||||||
| Net Income towards Common StockholdersNet Income | -6.34M | -16.26M | -7.38M | -7.99M | -8.24M | -3.40M | -5.95M | -11.30M | -17.00M | -7.20M | -3.78M | -2.76M | -2.20M | -1.31M | -3.17M | -8.79M | -2.31M | -7.12M | -2.34M | -3.85M | ||||
| Additional items | ||||||||||||||||||||||||
| EPS (Basic) | -0.18 | -0.43 | -0.09 | -0.10 | -0.10 | -0.04 | -0.07 | -0.14 | -0.21 | -0.09 | -0.04 | -0.03 | -0.02 | -0.02 | -0.03 | -0.10 | -0.03 | -0.08 | -0.02 | -0.04 | ||||
| EPS (Diluted) | -0.18 | -0.43 | -0.09 | -0.10 | -0.10 | -0.04 | -0.07 | -0.14 | -0.21 | -0.09 | -0.04 | -0.03 | -0.02 | -0.02 | -0.03 | -0.10 | -0.03 | -0.08 | -0.02 | -0.04 | ||||
| Shares Outstanding | 34.49M | 38.04M | 80.15M | 80.47M | 80.94M | 80.79M | 81.77M | 82.01M | 82.47M | 82.49M | 85.14M | 86.59M | 88.18M | 87.38M | 91.50M | 92.27M | 92.56M | 92.28M | 93.72M | 95.44M | ||||
| Shares Outstanding (Diluted)Shares Outstanding (Dil.) | 34.49M | 38.04M | 80.15M | 80.47M | 80.94M | 80.79M | 81.77M | 82.01M | 82.47M | 82.49M | 85.14M | 86.59M | 88.18M | 87.38M | 91.50M | 92.27M | 92.56M | 92.28M | 93.72M | 95.44M | ||||
| Shares Outstanding (Entity)Shares Outstanding (Entity.) | 74.85M | 75.18M | 81.61M | 81.77M | 82.64M | 82.43M | 82.81M | 82.78M | 83.70M | 85.23M | 86.48M | 88.19M | 88.93M | 91.38M | 92.38M | 92.65M | 93.03M | 93.06M | 96.43M | 91.90M | ||||
| EBITDA | -8.86M | -20.43M | -4.84M | -3.97M | -5.72M | -0.70M | -2.70M | -9.56M | -14.90M | -5.99M | -1.79M | 0.22M | 0.29M | 0.47M | -1.49M | -10.34M | -2.26M | -3.94M | -1.97M | -2.92M | ||||
| Interest ExpensesInt Expense | 1.37M | 0.26M | ||||||||||||||||||||||
| Tax Rate | 36.32% | -2.49% | -28.41% | -35.42% | -2.47% | -278.64% | -44.30% | -3.66% | 1.74% | -17.04% | -37.64% | -6,641.46% | 575.69% | -1,672.97% | -172.48% | 7.41% | -9.25% | -102.16% | -29.76% | -41.63% |