---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-24-000151"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2024-08-08T23:59:59+00:00"
generated_at: "2026-05-31T10:49:13.161032+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Expensify Q2 revenue down 14% to $33.3M; net loss narrows to $2.8M; interchange up 48%

## Summary
- Revenue $33.3M (-14% YoY); paid members 684k (-8% YoY); net loss improved to $2.8M from $11.3M.
- Non-GAAP net income $5.6M; adjusted EBITDA $10.2M; operating cash flow $9.3M; free cash flow $5.7M.
- Expensify Card interchange $4.0M (+48% YoY); 34% of spend migrated to new program; targeting 100% by year-end.
- New Expensify platform live; integrations with QuickBooks and Xero; Expensify Travel launched; expects revenue in Q3.
- Apple product placement in F1 movie (June 2025); continued conference presence.

## SEC filing metadata
- accession: 0001476840-24-000151
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2024-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684024000151/0001476840-24-000151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684024000151/exfy-20240808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-24-000151
- JSON: https://secwatch.observer/filing/0001476840-24-000151.json
- Plain text: https://secwatch.observer/filing/0001476840-24-000151.txt

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