earnings
confidence high
sentiment neutral
materiality 0.70
Expensify Q4 revenue falls 5% YoY to $35.2M; net loss widens to $7.1M
Expensify, Inc.
2025-FY EPS
reported -$0.23
vs consensus $0.05
▼ miss
(-601.1%)
- Full-year FY2025 revenue $142.1M (+2% YoY); net loss $21.4M vs $10.1M prior year.
- Q4 paid members 650,000 (-5% YoY, +1% QoQ); Expensify Card interchange $5.5M (+9% YoY).
- FY2025 operating cash flow $20.1M, free cash flow $19.9M; non-GAAP net income $5.2M.
- Company repurchased 4.8M shares ($9.1M) in 2025; New Expensify rolled out to 63% of paying customers.
- Guidance: modest FCF target set for FY2026 to fund increased sales, marketing, and AI investments.