Expensify annual operating margin
2019
2020
2021
2022
2023
2024
2025
Expensify Operating Margin Growth & History (EXFY)
Expensify's operating margin was −12.68% for fiscal 2025.
View full Expensify company overviewExpensify annual operating margin history
| Fiscal year | Period ended | Operating margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | −12.68% | −12.09 pp |
| 2024 | 2024-12-31 | −0.59% | +21.41 pp |
| 2023 | 2023-12-31 | −22.00% | −13.01 pp |
| 2022 | 2022-12-31 | −8.99% | −1.81 pp |
| 2021 | 2021-12-31 | −7.18% | −13.62 pp |
| 2020 | 2020-12-31 | 6.44% | +4.89 pp |
| 2019 | 2019-12-31 | 1.55% | — |
Expensify quarterly operating margin
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 margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | −8.63% | +20.28 pp |
| Q1 2026 | 2026-03-31 | −5.81% | −1.68 pp |
| Q4 2025 | 2025-12-31 | −11.19% | −12.44 pp |
| Q3 2025 | 2025-09-30 | −6.44% | −7.25 pp |
| Q2 2025 | 2025-06-30 | −28.91% | −29.56 pp |
| Q1 2025 | 2025-03-31 | −4.12% | +1.22 pp |
| Q4 2024 | 2024-12-31 | 1.26% | +18.26 pp |
| Q3 2024 | 2024-09-30 | 0.81% | +41.64 pp |
| Q2 2024 | 2024-06-30 | 0.66% | +25.25 pp |
| Q1 2024 | 2024-03-31 | −5.35% | +1.40 pp |
| Q4 2023 | 2023-12-31 | −17.00% | −15.39 pp |
| Q3 2023 | 2023-09-30 | −40.82% | −27.37 pp |
| Q2 2023 | 2023-06-30 | −24.59% | −15.38 pp |
| Q1 2023 | 2023-03-31 | −6.74% | +5.25 pp |
| Q4 2022 | 2022-12-31 | −1.61% | +49.02 pp |
| Q3 2022 | 2022-09-30 | −13.45% | +10.20 pp |
| Q2 2022 | 2022-06-30 | −9.21% | −30.45 pp |
| Q1 2022 | 2022-03-31 | −11.99% | −50.83 pp |
| Q4 2021 | 2021-12-31 | −50.63% | −27.18 pp |
| Q3 2021 | 2021-09-30 | −23.65% | — |
| Q2 2021 | 2021-06-30 | 21.24% | — |
| Q1 2021 | 2021-03-31 | 38.84% | — |
| Q3 2020 | 2020-09-30 | −23.45% | — |
Expensify operating margin trends
Over the last five reported fiscal years, Expensify's operating margin decreased from 6.44% to −12.68%, a change of −19.12 percentage points. The latest reported quarter, Q2 2026, shows −8.63%.
About the metric
What operating margin means
Operating margin measures the percentage of revenue left after operating costs and expenses. It shows how much operating profit a company generates from each dollar of revenue.
Calculation and source
How operating margin is calculated
TickerStat calculates operating margin as SEC-reported operating income divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Expensify filings at SEC.gov ↗