Subscription Fees was Expensify’s largest product and service line in fiscal 2025, bringing in $130.54M of $142.10M (92%).
| Product and Service | FY 2024 | FY 2025 |
|---|---|---|
| Subscription Fees | $138.82M | $130.54M |
| Interchange | $9.18M | $21.28M |
| Other | $182.00K | $365.00K |
| Cashback Rewards | -$8.95M | -$10.09M |
| Total | $139.24M | $142.10M |
Expensify brought in $142.10M from its four product and service lines in fiscal 2025, the year ended December 31, 2025. That was up 2.1% from $139.24M in fiscal 2024. Subscription Fees was the largest at $130.54M (91.9%), ahead of Interchange at $21.28M (15.0%) and Other at $365.00K (0.3%).
Compared with fiscal 2024, Interchange grew 131.9% to $21.28M, while Subscription Fees fell 6.0% to $130.54M.
The total is net of Cashback Rewards, which took $10.09M off revenue in fiscal 2025.
United States was Expensify’s largest region in fiscal 2025, bringing in $129.64M of $142.10M (91%).
| Geography | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 |
|---|---|---|---|---|---|---|---|
| United States | $154.79M | $137.37M | $126.81M | $129.64M | |||
| All Other Locations | $14.71M | $13.32M | $12.43M | $12.46M | |||
| Total | $169.50M | $150.69M | $139.24M | $142.10M |
Expensify brought in $142.10M from its two regions in fiscal 2025, the year ended December 31, 2025. That was up 2.1% from $139.24M in fiscal 2024. United States was the largest at $129.64M (91.2%), ahead of All Other Locations at $12.46M (8.8%).
Compared with fiscal 2024, United States grew 2.2% to $129.64M and All Other Locations grew 0.3% to $12.46M. From fiscal 2022 to 2025, combined revenue from these regions fell from $169.50M to $142.10M, a compound annual decline of 5.7%. United States' share held steady at about 91.2%.
Expensify (EXFY) reports its revenue by product and service and by geography. In fiscal 2025, Subscription Fees was its largest product and service line, bringing in $130.54M (91.9% of the total), followed by Interchange at $21.28M (15.0%).
Subscription Fees was Expensify's largest product and service line in fiscal 2025, bringing in $130.54M, or 91.9% of the $142.10M total across its four product and service lines.
United States was Expensify's largest region in fiscal 2025, bringing in $129.64M, or 91.2% of the $142.10M total across its two regions.
Interchange grew faster than Subscription Fees in fiscal 2025, up 131.9% from $9.18M to $21.28M. Subscription Fees fell 6.0% to $130.54M.
Every figure comes from Expensify's annual financial filings, as reported. Each line keeps the name Expensify gives it, and years follow its fiscal calendar.
Expensify's revenue by product and service goes back to fiscal 2024, with figures through fiscal 2025. The latest four fiscal years are free to view, and the full history is available with a Business Quant subscription.