Expensify, Inc. reports company developments tied to its cloud-based expense management and spend management software for expenses, corporate cards, travel, bills, invoicing, reimbursement, and receipt automation. News commonly covers quarterly results, shareholder letters, Expensify Card interchange activity, product updates for New Expensify, and features such as Concierge, card controls, expense automation, reporting, analytics, and mobile receipt management.
Recurring updates also include distribution partnerships, accounting and travel integrations, and Bring Your Own Card capabilities that connect existing corporate or personal cards to Expensify workflows. Company announcements often frame these developments around small-business operations, commercial payments, travel reconciliation, and automated expense reporting.
Expensify (EXFY) launched a native, two-way integration with DualEntry for businesses using the accounting platform. Available now, it syncs DualEntry's chart of accounts into Expensify as categories and classifications as tags; tax rates sync when available. Out-of-pocket expenses post to DualEntry as vendor bills, while company card spending posts as direct expenses. Reimbursements and card transactions stay in sync automatically.
Expensify (EXFY) announced a new integration with Anthropic’s Claude for Small Business plugin, making Expensify one of the first expense management connectors available directly inside Claude.
Business owners can now ask Claude plain-language questions about Expensify data, such as missing receipts, software spend by vendor, or month-over-month spending changes, and receive answers in seconds. The connector powers finance workflows by analyzing expenses, corporate card activity, and receipts, aiming to move after-hours back-office work into a single conversational request. The Expensify connector is available now on every paid Claude plan, and Expensify plans a free live webinar on the integration this fall.
Expensify (Nasdaq: EXFY) announced a new native integration with Rillet, an AI-native ERP platform. Finance teams using Rillet can now connect to Expensify for automatic, two-way syncing of categories, dimensions, and tax rates into Expensify, ensuring expenses are coded correctly at the point of spend.
According to Expensify, out-of-pocket expenses post back to Rillet as vendor bills, company card transactions post as credit card charges to appropriate accounts, and reimbursements and card transactions remain automatically synchronized to help keep books current.
Expensify (Nasdaq: EXFY) announced an expansion of its Expensify Visa Commercial Card spend rules, bringing proactive spend controls to businesses in 14 countries. The admin-defined rules allow companies to decide how, where, and when each Expensify Card can be used, enforcing policy at the point of purchase so only compliant transactions are approved.
According to Expensify, admins can lock cards to specific subscriptions, issue single-use virtual cards for one-time purchases, set card expiry dates tied to trips or projects, restrict cards to certain merchants or categories, and limit use to approved currencies. The Expensify Card is now available in the US, UK, Ireland, the Netherlands, Spain, Poland, Sweden, Denmark, Finland, Belgium, Luxembourg, Latvia, Lithuania, and Gibraltar.
Expensify (Nasdaq: EXFY) reported Q2 2026 revenue of $33.9 million, down 5% year over year, with a net loss of $3.9 million versus $8.8 million a year ago. Non-GAAP net income was $3.4 million and adjusted EBITDA was $6.6 million.
The company generated $8.4 million of cash from operating activities and $6.4 million in free cash flow. Interchange revenue from the Expensify Card rose to $5.9 million, up 12% year over year. Paid members were 640,000, a 2% decline.
According to Expensify, revenue from net new customers on New Expensify exceeded $10 million ARR, growing over 250% year over year across more than 10,000 customers. The company repurchased about 6.8 million Class A shares in Q2, reducing shares outstanding by roughly 7%, and guided to $12–14 million of free cash flow for full-year 2026. Cash and cash equivalents were $65.8 million at June 30, 2026.
Expensify (Nasdaq: EXFY) announced it will release its Q2 2026 financial results after market close on Thursday, August 6, 2026. The company will host an earnings conference call the same day at 2:00 p.m. PT / 5:00 p.m. ET to discuss the results.
According to Expensify, the webcast link will be available on its Investor Relations site at investors.expensify.com, where investors can also add the event to their calendars. After the call, a full recording, an investor deck, and a press release summarizing the financial results will be posted on the same website.
Expensify (Nasdaq: EXFY) launched the Expensify Visa Commercial Card for businesses in the UK and select European markets, including Spain, Ireland, Poland, and the Netherlands. Finance teams can now issue cards for real-time spend visibility, policy controls, and reduced reimbursements.
Key features include Concierge AI for auto-categorization and receipt matching, configurable spend limits and category rules, single-use and date-limited virtual cards, and daily or monthly settlement. The card supports VAT tracking for UK and EU compliance, integrates with major accounting platforms, charges zero foreign transaction fees, and connects to GBP, EUR, or US bank accounts with no minimums, deposits, guarantees, or credit checks. Teams using the card may receive up to 50% off their Expensify subscription. The launch aligns with Expensify’s global expansion and its BYOC program, which supports corporate cards from over 10,000 banks worldwide.
Expensify (Nasdaq: EXFY) introduced consolidated travel billing, a new payment option for Expensify Travel that lets companies pay for flights, hotels, cars, and rail in a single monthly bill. The feature routes bookings to a centralized billing program, provides a finance dashboard, detailed statements, and accounting integrations, and removes the need to issue corporate cards to every traveler or rely on reimbursements. It is initially available to U.S. customers on Expensify Travel.
Expensify (Nasdaq: EXFY) expanded its Concierge AI to cover expense automation, spend analytics, and autonomous workflow agents. Customers can now configure accounts, manage expenses, and analyze spend in natural language via email, text, or in-app chat.
New features include conversational analytics with visual charts, chat-based expense creation and approvals, workspace administration through chat, cross-channel AI access, and beta autonomous workflow agents that execute routine tasks with a full audit trail.
Expensify (Nasdaq: EXFY) released final results of its modified Dutch auction tender offer for Class A common stock.
The company accepted 6,053,023 shares at $1.20 per share, for about $7.26 million, funded with cash on hand, reducing Class A shares outstanding by approximately 6.8%.