Expensify, Inc.
Financial highlights
| Metric | FY December 31, 2025 | FY December 31, 2024 | FY December 31, 2023 | FY December 31, 2022 | FY December 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $142.1M | $139.2M | $150.7M | $169.5M | $142.8M |
| Gross profit | $71.5M | $75.0M | $83.8M | $106.8M | $89.1M |
| Operating income | -$18.0M | -$820,000 | -$33.1M | -$15.2M | -$10.3M |
| Operating expenses | $89.5M | $75.8M | $116.9M | $122.1M | $99.4M |
| Cost of revenue | $70.6M | $7.2M | $10.1M | $6.2M | $2.9M |
| Cash from operations | $20.1M | $23.9M | $1.6M | $32.9M | $5.5M |
| Capital expenditure | $17,000 | $0 | $1.4M | $585,000 | $2.7M |
| Free cash flow | $20.1M | $23.9M | $175,000 | $32.3M | $2.8M |
| Share repurchases | $9.1M | $1.5M | $3.0M | $6.0M | $0 |
| Total assets | $186.0M | $173.7M | $176.8M | $210.2M | $183.2M |
| Total liabilities | $53.2M | $45.4M | $76.0M | $113.0M | $106.6M |
| Total debt | — | — | $7.7M | $52.3M | $67.8M |
Shares outstanding 96.4M · Free float 67.5%
Annual filing data through FY ended December 31, 2025; float as of July 13, 2026.