---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-26-000031"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2026-05-07T23:59:59+00:00"
generated_at: "2026-05-14T21:35:31.509048+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001476840-26-000031
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2026-05-07T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1476840/000147684026000031/0001476840-26-000031-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684026000031/exfy-20260507.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-26-000031
- JSON: https://secwatch.observer/filing/0001476840-26-000031.json
- Plain text: https://secwatch.observer/filing/0001476840-26-000031.txt

## Source-grounded claims
- claim_id: 109a33087cf1cd29041a5d5f228412d936b16ff1
  claim: Expensify, Inc. reported Q1 2026 results: revenue $34.0 million, net income $2.3 million.
  evidence_excerpt: • Revenue, net was $34.0 million, a decrease of 6% compared to the same period last year.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1476840/000147684026000031/0001476840-26-000031-index.htm

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