Expensify, Inc. (EXFY)
Information Technology · expense management software · Nasdaq
A mobile-first expense management platform with patented receipt scanning technology serving SMBs and enterprises through a bottom-up, self-service adoption model.
What Expensify, Inc. does
Expensify is a cloud-based expense management software platform that helps businesses of all sizes simplify expense collection, processing, auditing and reimbursement. The platform features patented receipt scanning technology (SmartScan) and has expanded to include corporate credit card management, invoicing, bill payment, payment collection, and travel booking, serving over 650,000 paid members across 39,700 companies globally as of December 2025.
Themes: ["expense management","back office automation","SMB software solutions","receipt scanning and OCR","financial workflows"]
Fundamentals
- Price$1.89 as of 2026-07-10 close
- Market cap$182M as of 2026-07-13
- 1-year return-19.2% as of 2026-07-10 close
- Net margin-14.7% as of 2026-07-13
- Gross margin+49.6% as of 2026-07-13
- ROE-15.3% as of 2026-07-13
- Debt / equity0.00 as of 2026-07-13
- Revenue growth (YoY)-1.3% as of 2026-07-13
- Revenue CAGR (3y)-5.7% SEC XBRL
- Beta1.69 as of 2026-07-13
Key risks (from latest filing)
["Unprofitable with negative net margin of -14.68% and declining revenue growth of -1.25% YoY, raising concerns about unit economics and path to profitability","Stock price decline of -19.2% over the past year and risk of Nasdaq delisting if minimum bid price requirements are not met","Intense competition from larger, well-established enterprise software vendors and potential for competitors to enhance their offerings and erode market share"]
Competitors & peers
- Concur
- Zoho Expense
- Certify
- Ramp
- Brex
- Bill.com
- Workday (expense management module)
Fundamentals: Finnhub, as of 2026-07-13. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-07-10.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & Finnhub, shown with their as-of date.