Filing Flows › Technology › Expensify (EXFY)
Expensify (EXFY) earnings and revenue breakdown
Latest: Q3 2026 · 10-Q filed Nov 5, 2026 · Expensify (EXFY) Q3 2026 earnings results →
Q3 2026 Revenue down 6% year over year to $33.0M · 10¢ of every $1 of revenue lost · operating margin -8.1%
Expensify made $33.0M in Q3 2026 (-6% Y/Y). Operating margin -8.1%, net loss $3.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Nov 5, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $33.0M in Q3 2026, down 6% year over year and down 2% from the previous quarter.
Gross margin was 45.2%, down 4.4 points from Q3 2025. Operating costs exceeded revenue by $2.7M, an operating margin of -8.1%. Operating expenses fell 10% while revenue fell 6%. The quarter ended with a net loss of $3.3M, narrower than the previous quarter's $3.9M loss.
Operating cash flow was $4.0M. Non-cash charges added back $2.3M of depreciation and amortization and $6.4M of share-based compensation. Working capital and other items used $1.4M. Capital expenditures of $227K left free cash flow of $3.8M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q3 2026 | 10-Q | Nov 5, 2026 | $33.0M | -6% | -8.1% | −$3.3M | $4.0M |
| Q2 2026 | 10-Q | Aug 6, 2026 | $33.9M | -5% | -8.6% | −$3.9M | $8.4M |
| Q1 2026 | 10-Q | May 7, 2026 | $34.0M | -6% | -5.8% | −$2.3M | $118K |
| Q4 2025 | 10-K | Feb 26, 2026 | $35.2M | -5% | -11.2% | −$7.1M | $2.2M |
| Q3 2025 | 10-Q | Nov 6, 2025 | $35.1M | -1% | -6.4% | −$2.3M | $4.2M |
| Q2 2025 | 10-Q | Aug 7, 2025 | $35.8M | +7% | -28.9% | −$8.8M | $8.9M |
| Q1 2025 | 10-Q | May 8, 2025 | $36.1M | +8% | -4.1% | −$3.2M | $4.8M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
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🌏Named in Asian annual reportsinteractive
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🔄Rotation against the market and its industry (RRG)interactive
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🔍Earnings qualityinteractive
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⚖️Fair value by methodinteractive
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🔭Outlook & guidanceinteractive
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📈Investments: gains and what it boughtinteractive
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🏭Its industry’s money flow (input-output)interactive
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About Expensify
Expensify is a leading cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. Every day, people from all walks of life in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. Since our founding in 2008, we have added over 15 million members to our community, and processed and automated over 1.8 billion expense transactions on our platform as of December 31, 2025, freeing people to spend less time managing expenses and more time doing the things they love. For the quarter ended December 31, 2025, an average of 650,000 paid members across an average of 39,700 companies and over 200 countries and territories used Expensify to make money easy.
In its own words, from its 10-K, filed Feb 26, 2026.
Expensify against its Services-Prepackaged Software peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -6% against the peers' median +14%. Operating margin: -8.1% against the peers' median 15.2%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| EXFY Expensify | Q3 2026 | $33.0M | -6% | -8.1% |
| MSFT Microsoft | Q1 FY27 | $92.3B | +19% | 49.8% |
| ORCL Oracle | Q1 FY27 | $19.3B | +30% | 34.8% |
| CRM Salesforce | Q2 FY27 | $11.3B | +11% | 20.5% |
| ADBE Adobe | Q3 FY26 | $6.8B | +13% | 34.8% |
| XYZ Block | Q3 2026 | $6.7B | +10% | 6.4% |
| INTU Intuit | Q4 FY26 | $4.4B | +14% | 10.9% |
| NOW ServiceNow | Q3 2026 | $4.1B | +20% | 9.4% |
| SHOP Shopify | Q3 2026 | $3.7B | +32% | 15.2% |
Source: Expensify 10-Q on SEC EDGAR · CIK 1476840 · Services-Prepackaged Software
Guidance and outlook
13F: who owns EXFY and who is buying
More on EXFY
History
Every quarter: Q3 2026 results · Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results