Expensify Gross Profit Growth & History (EXFY)
Expensify's gross profit was $71.5M for fiscal 2025.
View full Expensify company overviewExpensify annual gross profit history
2019
2020
2021
2022
2023
2024
2025
| Fiscal year | Period ended | Gross profit | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $71.5M | −$3.5M | −4.63% |
| 2024 | 2024-12-31 | $75.0M | −$8.8M | −10.50% |
| 2023 | 2023-12-31 | $83.8M | −$23.0M | −21.56% |
| 2022 | 2022-12-31 | $106.8M | $17.7M | +19.84% |
| 2021 | 2021-12-31 | $89.1M | $33.5M | +60.16% |
| 2020 | 2020-12-31 | $55.7M | $7.2M | +14.82% |
| 2019 | 2019-12-31 | $48.5M | — | — |
Expensify quarterly gross profit
Q3.20
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 | Gross profit | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $16.3M | −$2.2M | −12.10% |
| Q1 2026 | 2026-03-31 | $16.2M | −$2.1M | −11.35% |
| Q4 2025 | 2025-12-31 | $17.3M | −$1.5M | −8.20% |
| Q3 2025 | 2025-09-30 | $17.4M | −$866,000 | −4.74% |
| Q2 2025 | 2025-06-30 | $18.6M | −$348,000 | −1.84% |
| Q1 2025 | 2025-03-31 | $18.2M | −$709,000 | −3.74% |
| Q4 2024 | 2024-12-31 | $18.9M | $157,000 | +0.84% |
| Q3 2024 | 2024-09-30 | $18.3M | −$550,000 | −2.92% |
| Q2 2024 | 2024-06-30 | $18.9M | −$3.0M | −13.82% |
| Q1 2024 | 2024-03-31 | $19.0M | −$5.4M | −22.10% |
| Q4 2023 | 2023-12-31 | $18.7M | −$8.7M | −31.66% |
| Q3 2023 | 2023-09-30 | $18.8M | −$7.1M | −27.47% |
| Q2 2023 | 2023-06-30 | $22.0M | −$5.3M | −19.52% |
| Q1 2023 | 2023-03-31 | $24.3M | −$1.9M | −7.28% |
| Q4 2022 | 2022-12-31 | $27.4M | $6.9M | +33.88% |
| Q3 2022 | 2022-09-30 | $25.9M | $6.7M | +34.75% |
| Q2 2022 | 2022-06-30 | $27.3M | −$84,000 | −0.31% |
| Q1 2022 | 2022-03-31 | $26.2M | $4.2M | +18.81% |
| Q4 2021 | 2021-12-31 | $20.4M | — | — |
| Q3 2021 | 2021-09-30 | $19.3M | $6.0M | +45.27% |
| Q2 2021 | 2021-06-30 | $27.4M | — | — |
| Q1 2021 | 2021-03-31 | $22.1M | — | — |
| Q3 2020 | 2020-09-30 | $13.3M | — | — |
Expensify gross profit trends
Over the last five fiscal years, Expensify's gross profit increased from $55.7M to $71.5M, a change of $15.9M. The latest reported quarter, Q2 2026, shows $16.3M.
About the metric
What gross profit means
Gross profit is the amount of revenue remaining after the direct costs of producing and delivering a company’s goods or services. It helps show the dollars available to cover operating expenses before operating income, interest, and taxes.
Calculation and source
SEC-reported and calculated gross profit
TickerStat uses gross profit reported in company SEC filings when available. Otherwise, it calculates gross profit as SEC-reported revenue minus aligned cost of revenue for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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