---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-21-000006"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2021-12-16T23:59:59+00:00"
generated_at: "2026-06-28T00:29:42.147181+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Expensify Q3 2021 revenue $37.4M (+72.6% YoY); non-GAAP net income $19.9M excl. IPO bonus

## Summary
- Revenue $37.4M (+72.6% YoY); net loss $(6.3)M due to $26.3M IPO bonus expense.
- Adjusted EBITDA $(6.5)M; excluding bonus $19.8M; operating cash flow $34.6M.
- Average monthly paid members 667K (+28K QoQ); Expensify Card interchange up 207% YoY.
- Launched Free Plan in Sep with up to 2% cash back on card spend.
- Achieved carbon neutrality in 2021; targeting Net Zero by 2030.

## SEC filing metadata
- accession: 0001476840-21-000006
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2021-12-16T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684021000006/0001476840-21-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684021000006/exfy-20211216.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-21-000006
- JSON: https://secwatch.observer/filing/0001476840-21-000006.json
- Plain text: https://secwatch.observer/filing/0001476840-21-000006.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.