Expensify annual operating expenses
2019
2020
2021
2022
2023
2024
2025
Expensify Operating Expenses Growth & History (EXFY)
Expensify's operating expenses was $89.5M for fiscal 2025.
View full Expensify company overviewExpensify annual operating expenses history
| Fiscal year | Period ended | Operating expenses | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | $89.5M | $13.7M | +18.11% |
| 2024 | 2024-12-31 | $75.8M | −$41.1M | −35.17% |
| 2023 | 2023-12-31 | $116.9M | −$5.1M | −4.19% |
| 2022 | 2022-12-31 | $122.1M | $22.7M | +22.80% |
| 2021 | 2021-12-31 | $99.4M | $49.4M | +98.84% |
| 2020 | 2020-12-31 | $50.0M | $2.8M | +5.84% |
| 2019 | 2019-12-31 | $47.2M | — | — |
Expensify quarterly operating expenses
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 | Operating expenses | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | $19.3M | −$9.7M | −33.42% |
| Q1 2026 | 2026-03-31 | $18.1M | −$1.6M | −8.04% |
| Q4 2025 | 2025-12-31 | $21.2M | $2.9M | +15.53% |
| Q3 2025 | 2025-09-30 | $19.7M | $1.7M | +9.34% |
| Q2 2025 | 2025-06-30 | $28.9M | $10.2M | +54.58% |
| Q1 2025 | 2025-03-31 | $19.7M | −$1.0M | −4.89% |
| Q4 2024 | 2024-12-31 | $18.4M | −$6.3M | −25.50% |
| Q3 2024 | 2024-09-30 | $18.0M | −$15.7M | −46.68% |
| Q2 2024 | 2024-06-30 | $18.7M | −$12.8M | −40.65% |
| Q1 2024 | 2024-03-31 | $20.7M | −$6.3M | −23.26% |
| Q4 2023 | 2023-12-31 | $24.7M | −$3.4M | −12.03% |
| Q3 2023 | 2023-09-30 | $33.7M | $2.1M | +6.49% |
| Q2 2023 | 2023-06-30 | $31.5M | $260,000 | +0.83% |
| Q1 2023 | 2023-03-31 | $27.0M | −$4.0M | −13.03% |
| Q4 2022 | 2022-12-31 | $28.1M | −$12.8M | −31.34% |
| Q3 2022 | 2022-09-30 | $31.7M | $3.5M | +12.62% |
| Q2 2022 | 2022-06-30 | $31.3M | $11.4M | +57.31% |
| Q1 2022 | 2022-03-31 | $31.1M | $20.5M | +194.84% |
| Q4 2021 | 2021-12-31 | $40.9M | — | — |
| Q3 2021 | 2021-09-30 | $28.1M | $9.8M | +53.28% |
| Q2 2021 | 2021-06-30 | $19.9M | — | — |
| Q1 2021 | 2021-03-31 | $10.5M | — | — |
| Q3 2020 | 2020-09-30 | $18.3M | — | — |
Expensify operating expenses trends
Over the last five fiscal years, Expensify's operating expenses increased from $50.0M to $89.5M, a change of $39.6M. The latest reported quarter, Q2 2026, shows $19.3M.
About the metric
What operating expenses mean
Operating expenses are the recurring costs of running a company’s business beyond the direct costs used to calculate gross profit. They commonly include selling, general and administrative expenses, research and development, and other operating costs.
Calculation and source
SEC-reported and calculated operating expenses
TickerStat uses operating expenses reported in company SEC filings when available. When a separate total is unavailable, it calculates operating expenses as aligned gross profit minus operating income for the same fiscal period. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Expensify source filings ↗