Welcome to our dedicated page for Expensify news (Ticker: EXFY), a resource for investors and traders seeking the latest updates and insights on Expensify stock.
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 (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%.
Expensify (Nasdaq: EXFY) released preliminary results of its modified Dutch auction tender offer, which expired June 10, 2026. The company expects to repurchase 6,140,642 Class A shares at $1.20, for about $7.37 million, funded with cash on hand.
This represents an expected 6.9% reduction in Class A shares outstanding, subject to final confirmation by the depositary after the guaranteed delivery period.
Expensify (Nasdaq: EXFY) launched the Expensify MCP, a Model Context Protocol integration that connects its platform to AI assistants like ChatGPT, Claude, Cursor, OpenClaw, and other MCP-compatible clients.
The integration enables secure, natural language queries for expense data, reports, and approvals via OAuth 2.1.
Expensify (Nasdaq: EXFY) announced a new integration partnership with VAT IT, a global VAT reclaim provider. The integration automatically syncs eligible expense data from Expensify to VAT IT, aiming to simplify global VAT reclaim, e-invoicing, and indirect tax compliance, especially for customers in Europe and Canada.
The partnership helps businesses identify reclaimable VAT, centralize documentation, reduce manual admin work, and support future embedded and white-label VAT reclaim experiences within existing expense workflows.
Expensify (Nasdaq: EXFY) announced a strategic partnership with Playroll to link expense management with global payroll.
The integration lets approved expenses flow from Expensify into Playroll payroll runs in local currency, enforcing compliance across 180+ countries and reducing manual data entry for distributed teams.