---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-24-000213"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2024-11-07T23:59:59+00:00"
generated_at: "2026-05-30T03:27:55.087404+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Expensify Q3 revenue down 3% to $35.4M, net loss narrows to $2.2M, raises FY FCF guide to $19-20M

## Summary
- Revenue $35.4M (-3% YoY); net loss $2.2M vs $17.0M last year; Non-GAAP net income $5.4M.
- Free cash flow $6.7M in Q3; FY 2024 FCF guidance raised to $19.0-$20.0M from $15-16M.
- Interchange from Expensify Card grew 48% YoY to $4.6M; 94% of card spend migrated to new program.
- Paid members 684,000 (-5% YoY); Expensify Travel beta expanded to mid-market customers.
- Adjusted EBITDA $9.7M; CEO highlights stable core business and efficiency gains.

## SEC filing metadata
- accession: 0001476840-24-000213
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2024-11-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- 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/1476840/000147684024000213/0001476840-24-000213-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684024000213/exfy-20241107.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-24-000213
- JSON: https://secwatch.observer/filing/0001476840-24-000213.json
- Plain text: https://secwatch.observer/filing/0001476840-24-000213.txt

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