---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-25-000069"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2025-05-08T23:59:59+00:00"
generated_at: "2026-05-22T03:56:24.497069+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.78
calibrated_materiality_score: 0.78
confidence: "high"
source: SEC EDGAR
---

# Expensify Q1 revenue $36.1M (+8% YoY); raises FY 2025 FCF guidance to $17M-$21M

## Summary
- Revenue $36.1M (+8% YoY); net loss improved to $3.2M from $3.8M.
- Non-GAAP net income $4.8M; adjusted EBITDA $8.4M; FCF $9.1M.
- Free cash flow guidance raised to $17M–$21M for FY 2025.
- Expensify Card interchange $5.1M (+43% YoY); paid members 657K (-5% YoY).
- Travel bookings up 166% Q/Q; pricing updated to $5/member/month for Collect plan.

## SEC filing metadata
- accession: 0001476840-25-000069
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2025-05-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.78
- calibrated_materiality_score: 0.78
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684025000069/0001476840-25-000069-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684025000069/exfy-20250508.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-25-000069
- JSON: https://secwatch.observer/filing/0001476840-25-000069.json
- Plain text: https://secwatch.observer/filing/0001476840-25-000069.txt

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