---
schema_version: "secwatch.filing_event.v1"
accession: "0001476840-26-000073"
form_type: "8-K"
ticker: "EXFY"
cik: "0001476840"
company_name: "Expensify, Inc."
filed_at: "2026-08-06T20:03:55+00:00"
generated_at: "2026-08-06T20:05:25.438561+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Expensify Q2 revenue $33.9M (-5% YoY); net loss narrows to $3.9M; New Expensify ARR tops $10M

## Summary
- Revenue $33.9M, down 5% YoY; net loss $3.9M vs $8.8M loss last year; non-GAAP net income $3.4M.
- Adjusted EBITDA $6.6M; free cash flow $6.4M; interchange revenue from Expensify Card $5.9M (+12% YoY).
- Paid members 640k, down 2% YoY; New Expensify net new customer ARR >$10M, up >250% YoY across 10k+ customers.
- Repurchased 6.8M shares in Q2 (~7% of shares outstanding) via Dutch auction at $1.20 and open market at $1.63 avg.
- AI features launched (natural-language setup, MCP connector to ChatGPT/Claude); 30+ product improvements shipped.

## SEC filing metadata
- accession: 0001476840-26-000073
- form_type: 8-K
- ticker: EXFY
- cik: 0001476840
- company_name: Expensify, Inc.
- filed_at: 2026-08-06T20:03:55+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/1476840/000147684026000073/0001476840-26-000073-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1476840/000147684026000073/exfy-20260806.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001476840-26-000073
- JSON: https://secwatch.observer/filing/0001476840-26-000073.json
- Plain text: https://secwatch.observer/filing/0001476840-26-000073.txt

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