Filing Flows › Expensify (EXFY) › Q3 2026 › vs Q3 2025
Expensify (EXFY) Q3 2026 vs Q3 2025 (year over year)
Expensify's revenue fell $2.0M (-6%) from $35.1M in Q3 2025 to $33.0M in Q3 2026.
Expensify, Q3 2026: revenue $33.0M (-6% year over year), operating margin -8.1%, net loss $3.3M, operating cash flow $4.0M. The chart draws each line against Q3 2025, the increases inside each band.
Margins
| Q3 2026 | Q3 2025 | Change | |
|---|---|---|---|
| Free cash flow margin | 11.5% | -2.8% | +14.3 pts |
Every line
| Line | Q3 2026 | Q3 2025 | Change | % |
|---|---|---|---|---|
| Revenue | $33.0M | $35.1M | −$2.0M | -6% |
| Other income, net | $367K | $96K | $271K | +282% |
| Net loss | $3.3M | $2.3M | $1.0M | +44% |
| Costs & expenses | $36.7M | $37.5M | −$753K | -2% |
| Operating costs | $35.7M | $37.3M | −$1.6M | -4% |
| Income tax | $1.0M | $154K | $872K | +566% |
| Cost of revenue | $18.1M | $17.7M | $422K | +2% |
| Research & development | $5.0M | $4.9M | $47K | +1% |
| Sales & marketing | $4.4M | $4.9M | −$582K | -12% |
| General & admin | $8.3M | $9.8M | −$1.5M | -15% |
| Operating cash sources | $8.8M | $8.8M | −$8K | -0.1% |
| Depreciation & amortization | $2.3M | $2.1M | $207K | +10% |
| Share-based compensation | $6.4M | $6.7M | −$215K | -3% |
| Net loss absorbed | $3.3M | $2.3M | $1.0M | +44% |
| Working capital & other | $1.4M | $7.5M | −$6.0M | -81% |
| Operating cash flow | $4.0M | −$980K | $5.0M | — |
| Free cash flow (OCF − capex) | $3.8M | −$980K | $4.8M | — |
| Capital expenditures | $227K | $0 | $227K | — |
Questions
How much did Expensify's revenue grow year over year in Q3 2026?
Expensify's revenue fell $2.0M (-6%) from $35.1M in Q3 2025 to $33.0M in Q3 2026.