Expensify annual free cash flow
2019
2020
2021
2022
2023
2024
2025
Expensify Free Cash Flow (FCF) History (EXFY)
Expensify reported $20.1M in free cash flow for fiscal 2025, a decrease of 15.94% from the previous fiscal year, with a free cash flow margin of 14.13%.
View full Expensify company overviewExpensify free cash flow by year
| Fiscal year | Period ended | Free cash flow | Change | Growth | FCF margin |
|---|---|---|---|---|---|
| 2025 | 2025-12-31 | $20.1M | −$3.8M | −15.94% | +14.13% |
| 2024 | 2024-12-31 | $23.9M | $23.7M | +13544.00% | +17.15% |
| 2023 | 2023-12-31 | $175,000 | −$32.1M | −99.46% | +0.12% |
| 2022 | 2022-12-31 | $32.3M | $29.5M | +1061.55% | +19.05% |
| 2021 | 2021-12-31 | $2.8M | −$2.3M | −45.46% | +1.95% |
| 2020 | 2020-12-31 | $5.1M | −$4.1M | −44.57% | +5.79% |
| 2019 | 2019-12-31 | $9.2M | — | — | +11.43% |
Expensify quarterly free cash flow
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Free cash flow | Change | YoY growth | FCF margin |
|---|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $7.4M | $327,000 | +4.65% | +21.71% |
| Q1 2026 | 2026-03-31 | −$1.3M | −$8.7M | — | −3.81% |
| Q4 2025 | 2025-12-31 | $564,000 | −$6.8M | −92.38% | +1.60% |
| Q3 2025 | 2025-09-30 | $1.8M | −$1.8M | −49.91% | +5.27% |
| Q2 2025 | 2025-06-30 | $7.0M | −$2.3M | −24.58% | +19.65% |
| Q1 2025 | 2025-03-31 | $7.4M | $3.9M | +111.99% | +20.40% |
| Q4 2024 | 2024-12-31 | $7.4M | $8.2M | — | +20.00% |
| Q3 2024 | 2024-09-30 | $3.7M | $9.4M | — | +10.41% |
| Q2 2024 | 2024-06-30 | $9.3M | $10.2M | — | +27.99% |
| Q1 2024 | 2024-03-31 | $3.5M | −$4.1M | −54.41% | +10.35% |
| Q4 2023 | 2023-12-31 | −$824,000 | −$7.4M | — | −2.34% |
| Q3 2023 | 2023-09-30 | −$5.7M | −$4.6M | — | −15.70% |
| Q2 2023 | 2023-06-30 | −$885,000 | −$16.7M | — | −2.28% |
| Q1 2023 | 2023-03-31 | $7.6M | −$3.4M | −31.06% | +18.99% |
| Q4 2022 | 2022-12-31 | $6.5M | $35.7M | — | +15.02% |
| Q3 2022 | 2022-09-30 | −$1.1M | −$10.8M | — | −2.66% |
| Q2 2022 | 2022-06-30 | $15.8M | $3.2M | +25.29% | +36.72% |
| Q1 2022 | 2022-03-31 | $11.0M | $1.4M | +14.74% | +27.36% |
| Q4 2021 | 2021-12-31 | −$29.2M | — | — | −72.34% |
| Q3 2021 | 2021-09-30 | $9.7M | — | — | +25.92% |
| Q2 2021 | 2021-06-30 | $12.6M | — | — | +35.83% |
| Q1 2021 | 2021-03-31 | $9.6M | — | — | +32.39% |
Expensify free cash flow growth trends
Over the last five reported fiscal years, free cash flow grew from $5.1M to $20.1M, a compound annual growth rate of 31.54%. Expensify's latest reported quarter, Q2 2026, generated $7.4M in free cash flow, an increase of 4.65% year over year.
About the metric
What free cash flow means
Free cash flow is the cash a company generates from operations after capital expenditures. Positive FCF can fund dividends, buybacks, debt repayment, or reinvestment; negative FCF means capital spending exceeded operating cash flow for that period.
Calculation and source
How free cash flow is calculated
TickerStat calculates free cash flow as SEC-reported operating cash flow minus capital expenditures. FCF margin equals free cash flow divided by revenue. Fiscal periods can differ from calendar years, so the tables include exact period-end dates.
Review Expensify filings at SEC.gov ↗