Education
About Us
Working with TipRanks
Follow Us
Expensify, Inc. (EXFY)
NASDAQ:EXFY
Earnings Data
Report Date
May 07, 2026After Close (Confirmed)
Period Ending
2026 (Q1)Consensus EPS Forecast
0.02Last Year’s EPS
0.06Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call presented a mix of strong execution and product traction (notably nearly $20M of free cash flow in FY25, 24% interchange growth, 434% travel bookings growth, platform migration progress, strategic partnerships and AI/product innovations) alongside meaningful near-term headwinds (GAAP net losses driven by stock comp and one-time marketing spend, a substantial reduction in FY26 free cash flow guidance to $6M–$9M, and remaining migration/seasonality risks). Management framed the lower guidance as deliberate investment in growth (sales/marketing and AI) and emphasized non-GAAP profitability and platform advantages. Overall, the positives around cash generation, product momentum, and differentiated AI/product strategy are balanced by the significance of the guidance cut and GAAP losses.Company Guidance
Strong Free Cash Flow and Cash Generation in FY2025
Generated nearly $20.0M of free cash flow in fiscal year 2025 (FY25 free cash flow $19.9M), with FY25 operating cash flow of $20.1M and Q4 free cash flow of $3.2M, coming in at the high end of prior guidance ($16M–$20M).
Revenue and Profitability (Non-GAAP)
FY25 revenue of $142.1M and Q4 revenue of $35.2M. Full-year FY25 non-GAAP net income of $5.2M and adjusted EBITDA of $16.9M (Q4 adjusted EBITDA $3.3M).
Card Interchange Growth
Total interchange for FY25 $21.3M, a 24% increase year-over-year; Q4 interchange was $5.5M. Management highlighted interchange growth as a bright spot tied to the Expensify Card.
Explosive Travel Growth
Expensify Travel bookings in Q4 grew 434% versus Q4 2024 (management also described travel bookings as growing 'over 400%'), reflecting strong adoption of the travel product.
Platform Migration Progress and Product Momentum
New Expensify reached feature parity for customers representing 90% of revenue and rolled out to 63% of Classic customers; focus now on performance/polish and migrating accounting partners (approved accounting network) with new native reporting and 'virtual CFO insights.'
Strategic Partnerships and Recognition
Entered a multiyear integration partnership with Uber for Business to automate travel and meal receipts and improve spend controls; received the TrustRadius 2026 Buyers' Choice Award in expense management based on customer reviews.
Product-Led Growth Initiatives and AI Differentiation
Launched a free 'submit plan' to accelerate bottom-up adoption; highlighted 'Concierge' (accountable AI) as contextual, correctable, and continuous — integrated into product UI to drive differentiated automation and collaboration features.
Share Repurchases Reflect Management Confidence
Repurchased over 4.8M shares of Class A common stock in 2025, totaling approximately $9M.
Strong Bank Connectivity and Low Marginal Cost
Connects to over 10,000 global banks; over 80% of card imports occur via direct bank connections at zero marginal cost, supporting broad card compatibility beyond Expensify Card.
EXFY Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
EXFY Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Feb 26, 2026 | $1.24 | $0.95 | -23.39% |
Nov 06, 2025 | $1.57 | $1.37 | -12.74% |
Aug 07, 2025 | $1.94 | $1.70 | -12.37% |
May 08, 2025 | $3.06 | $2.38 | -22.22% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Expensify, Inc. (EXFY) report earnings?
Expensify, Inc. (EXFY) is schdueled to report earning on May 07, 2026, After Close (Confirmed).
What is Expensify, Inc. (EXFY) earnings time?
Expensify, Inc. (EXFY) earnings time is at May 07, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is EXFY EPS forecast?
EXFY EPS forecast for the fiscal quarter 2026 (Q1) is 0.02.