---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-22-000012"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2022-03-31T23:59:59+00:00"
generated_at: "2026-06-26T11:57:41.708751+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Expensify Q4 revenue $40.4M (+56% YoY); full year $142.8M (+61.8%); net loss due to IPO bonus

## Summary
- Revenue Q4 $40.4M (+56% YoY); full year $142.8M (+61.8%).
- Net loss Q4 $(21.9)M vs net income $1.7M prior year; non-GAAP net income Q4 $4.4M.
- Adjusted EBITDA Q4 $(6.9)M; excluding $14.2M IPO bonus, Adj EBITDA $7.3M.
- Paid members 711k in Q4; free plan launched Oct grew to 3,100 customers.
- Expensify Card interchange up 185% in 2021; introduced 2% ongoing cash back.

## SEC filing metadata
- accession: 0001476840-22-000012
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2022-03-31T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684022000012/0001476840-22-000012-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684022000012/exfy-20220330.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-22-000012
- JSON: https://secwatch.observer/filing/0001476840-22-000012.json
- Plain text: https://secwatch.observer/filing/0001476840-22-000012.txt

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