Expensify annual net debt
2020
2021
2022
2023
2024
2025
Expensify Net Debt Growth & History (EXFY)
Expensify's net debt was −$57.3M for fiscal 2025.
View full Expensify company overviewExpensify annual net debt history
| Fiscal year | Period ended | Net debt | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | −$57.3M | −$15.0M | — |
| 2024 | 2024-12-31 | −$42.3M | −$9.3M | — |
| 2023 | 2023-12-31 | −$33.0M | $18.0M | — |
| 2022 | 2022-12-31 | −$51.0M | −$7.6M | — |
| 2021 | 2021-12-31 | −$43.4M | −$45.7M | — |
| 2020 | 2020-12-31 | $2.3M | — | — |
Expensify quarterly net debt
Q4.20
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
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Net debt | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | −$60.4M | −$6.0M | — |
| Q1 2026 | 2026-03-31 | −$61.0M | — | — |
| Q4 2025 | 2025-12-31 | −$57.3M | −$15.0M | — |
| Q3 2025 | 2025-09-30 | −$55.5M | −$22.9M | — |
| Q2 2025 | 2025-06-30 | −$54.4M | −$15.3M | — |
| Q4 2024 | 2024-12-31 | −$42.3M | −$9.3M | — |
| Q3 2024 | 2024-09-30 | −$32.6M | $5.9M | — |
| Q2 2024 | 2024-06-30 | −$39.1M | $8.5M | — |
| Q1 2024 | 2024-03-31 | −$35.1M | $23.7M | — |
| Q4 2023 | 2023-12-31 | −$33.0M | $18.0M | — |
| Q3 2023 | 2023-09-30 | −$38.5M | $14.4M | — |
| Q2 2023 | 2023-06-30 | −$47.6M | $4.1M | — |
| Q1 2023 | 2023-03-31 | −$58.8M | −$12.1M | — |
| Q4 2022 | 2022-12-31 | −$51.0M | −$7.6M | — |
| Q3 2022 | 2022-09-30 | −$52.9M | −$40.2M | — |
| Q2 2022 | 2022-06-30 | −$51.7M | — | — |
| Q1 2022 | 2022-03-31 | −$46.7M | — | — |
| Q4 2021 | 2021-12-31 | −$43.4M | −$45.7M | — |
| Q3 2021 | 2021-09-30 | −$12.7M | — | — |
| Q4 2020 | 2020-12-31 | $2.3M | — | — |
Expensify net debt trends
Over the last five fiscal years, Expensify's net debt decreased from $2.3M to −$57.3M, a change of −$59.6M. The latest reported quarter, Q2 2026, shows −$60.4M.
About the metric
What net debt means
Net debt compares a company’s interest-bearing debt with its cash and cash equivalents. Positive net debt means debt exceeds cash, while a negative value indicates the company has more cash than debt on this measure.
Calculation and source
How net debt is calculated
TickerStat calculates net debt as total interest-bearing debt minus cash and cash equivalents at the same reporting-period end. Short-term investments are not subtracted because they are not included in the standardized cash series. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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