Every 10-Q that Expensify, Inc. (EXFY) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow EXFY and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full EXFY filings page.
Expensify, Inc. reported Q2 2026 revenue, net of $33,866 (in thousands), down 5% year over year, and a net loss of $3,851 (in thousands). Gross margin declined to 48% as lower billable activity and higher cashback rewards more than offset higher interchange revenue from the Expensify Card.
Operating loss narrowed to $2,921 (in thousands), driven mainly by a 67% reduction in sales and marketing expense after elevated F1® movie sponsorship costs in 2025. Expensify held $65,760 (in thousands) of cash and equivalents with no debt, generated $8,551 (in thousands) of operating cash in the first half, completed an $8.0 million Dutch auction tender offer, continued share repurchases, settled a securities class action for $9.5 million (largely insured), and regained compliance with Nasdaq’s minimum bid price requirement.
Expensify, Inc. reported a small loss on lower revenue for Q1 2026. Revenue, net was $33.97 million, down from $36.07 million a year earlier, as billable activity softened and cashback rewards on the Expensify Card increased. Net loss narrowed to $2.34 million, or $0.02 per share, compared with $3.17 million, or $0.03 per share.
Gross margin declined to 48% from 51%, while adjusted EBITDA was $6.22 million, an 18% margin, versus $8.45 million and a 23% margin in the prior year period. Free cash flow was $2.46 million, down from $9.10 million.
Expensify ended March 31, 2026 with $66.53 million in cash and cash equivalents and no debt. The company deposited $9.5 million into escrow for a proposed settlement of a securities class action, funded by $2.6 million from the company and $6.9 million from insurance. Expensify also disclosed it received a Nasdaq notice that its share price has traded below the $1.00 minimum bid requirement, giving it until October 14, 2026 to regain compliance.
Expensify (EXFY) filed its Q3 2025 10‑Q, showing largely stable revenue with shifting mix. Revenue was $35.1M versus $35.4M a year ago, while Q3 net loss was $2.3M versus $2.2M. Gross margin was $17.4M as cost of revenue held near prior levels. Operating expenses rose to $19.7M, driving a $2.3M operating loss compared with a small profit last year. For the nine months, revenue reached $106.9M (up from $102.2M) and net loss widened to $14.3M.
Card economics are becoming more meaningful. Interchange revenue grew to $5.4M in Q3 (from $3.7M), with cashback rewards recorded as contra‑revenue at $2.6M (from $2.3M). Operating cash flow was positive at $17.9M year‑to‑date, supporting liquidity. Cash and cash equivalents were $61.5M, and total cash, cash equivalents and restricted cash were $104.4M at period end. The company repurchased 1,579,763 shares in Q3 for $3.0M ($6.1M year‑to‑date), leaving $44.0M under its 2025 authorization. Expensify terminated its $25M revolver on July 1, 2025 with no borrowings outstanding and maintains a $7.5M undrawn letter of credit expiring March 20, 2026. Class A shares outstanding were 80,840,150 as of November 3, 2025.