Filing Flows › Expensify (EXFY) › Q3 2026
Expensify (EXFY) Q3 2026 earnings results (third quarter 2026)
10-Q filed Nov 5, 2026
Expensify (EXFY) reported revenue of $33.0M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -2% from the quarter before. Operating margin was -8.1%, net loss $3.3M (10.1% of revenue).
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 follows the revenue to costs, profit and cash.
| Q3 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $33.0M | -2% | -6% |
| Operating profit | −$2.7M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | $4.0M | -52% | — |
| Free cash flow | $3.8M | — | — |
What changed
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.
Questions
What was Expensify's revenue in the third quarter 2026?
Expensify (EXFY) reported revenue of $33.0M for the third quarter 2026 (Q3 2026), -6% from a year earlier and -2% from the quarter before.
Was Expensify profitable in the third quarter 2026?
Operating loss was $2.7M (-8.1% of revenue) and net loss $3.3M.
Source: Expensify 10-Q on SEC EDGAR.