Expensify Q1 revenue down 6% to $34M; interchange up 10%, paid members slip 4%

Expensify, Inc.

2026-Q1 EPS reported -$0.02 vs consensus $0.02 ▼ miss (-184.0%)

Net loss narrowed to $2.3M from $3.2M YoY; Non-GAAP net income $3.6M.
Adjusted EBITDA $6.2M; free cash flow $2.5M including $2.6M class-action settlement.
Expensify Card interchange revenue rose 10% to $5.5M; paid members 632k (-4%).
April 2026 paid active users increased vs. Q1 average; guidance for 2026 FCF unchanged.
Added integrations with Campfire ERP, Rillet ERP, and American Airlines.

item 2.02 item 7.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Expensify, Inc. reported Q1 2026 results: revenue $34.0 million, net income $2.3 million.

Period: Q1 2026
Revenue: $34.0 million
Net income: $2.3 million
Result: reported results

Exact text from the filing

• Revenue, net was $34.0 million, a decrease of 6% compared to the same period last year.

View on SEC.gov

Browse all earnings releases →

Expensify, Inc. filing history →

Source: SEC EDGAR

accession 0001476840-26-000031

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.