---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-22-000010"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2022-03-30T23:59:59+00:00"
generated_at: "2026-06-26T13:21:55.205306+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Expensify reports 56% Q4 revenue growth; Free Plan adoption drives paid member surge

## Summary
- Q4 revenue $40.4M (+56% YoY); FY21 revenue $142.8M (+61.8% YoY).
- GAAP net loss Q4 $21.9M due to $14.2M IPO bonus; non-GAAP net income $4.4M.
- Adjusted EBITDA Q4 was $(6.9)M; excluding IPO bonus $7.3M. FY21 adj. EBITDA $9.5M.
- Paid members reached 711k in Q4; Free Plan launched Oct 2021 attracted 3,100+ customers.
- Expensify Card interchange up 185% YoY; introduced unlimited 2% cash back.

## SEC filing metadata
- accession: 0001476840-22-000010
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2022-03-30T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684022000010/0001476840-22-000010-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684022000010/exfy-20220330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-22-000010
- JSON: https://secwatch.observer/filing/0001476840-22-000010.json
- Plain text: https://secwatch.observer/filing/0001476840-22-000010.txt

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