Expensify, Inc. filings document the public-company disclosures of a software issuer focused on expense management, corporate cards, travel, bills, and related spend workflows. Form 8-K reports furnish quarterly and annual results, shareholder letters, and investor presentation materials that describe revenue, card activity, product development, partnerships, and financial condition.
The filing record also covers governance and capital-structure matters. Definitive proxy statements address annual meeting voting items, board matters, executive compensation, and equity awards, while material-event filings record credit and letter-of-credit arrangements, termination of financing agreements, registered Class A common stock, and Nasdaq continued-listing disclosures.
Liu Ying reported acquisition or exercise transactions in this Form 4 filing.
Expensify, Inc. director Ying Liu reported receiving an equity award in the form of 5,376 shares of Class A common stock. The award was structured as restricted stock units under the Non-Employee Director Compensation Program and vested immediately on the grant date. After this grant, Ying Liu directly holds 179,469 shares of Class A common stock.
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, Inc. reported mixed Q1 2026 results, combining revenue pressure with improved profitability metrics and positive cash flow. Revenue, net was $34.0 million, down 6% from a year ago, while interchange revenue from the Expensify Card grew to $5.5 million, up 10%.
The company posted a net loss of $2.3 million compared with $3.2 million last year, and non-GAAP net income of $3.6 million. Adjusted EBITDA was $6.2 million, with an 18% margin. Free cash flow reached $2.5 million, including a $2.6 million one-time payment to settle a shareholder class action lawsuit.
Paid members were 632,000, a 4% decline year over year, but management highlighted growth initiatives, including new distribution partnerships, expanded card integrations with over 10,000 banks, and more than 30 product improvements. Expensify guides full-year 2026 free cash flow of $6.0 million to $9.0 million.
Expensify, Inc. director Carlos Eduardo Alvarez Divo reported an open-market sale of 30,728 shares of Class A Common Stock on April 28, 2026 at a weighted average price of $1.01 per share. The shares were sold in multiple trades between $1.00 and $1.04. The transactions were executed under a pre-arranged Rule 10b5-1 trading plan adopted on December 31, 2025. Following this activity, he directly holds 254,780 shares.
Morgan Stanley Smith Barney LLC submitted a Form 144 notice reporting an insider intends to sell 30,728 shares of Common Stock under Rule 144. The securities are Restricted Stock Units dated 09/19/2022. The filing lists a recent sale of 8,697 shares on 03/17/2026.
Expensify, Inc. received a Nasdaq notice that its Class A common stock failed to meet the minimum bid price requirement of $1.00 per share for 30 consecutive business days. The stock remains listed on the Nasdaq Global Select Market under “EXFY” while the company works toward regaining compliance.
Expensify has 180 calendar days, until October 14, 2026, for its closing bid price to reach at least $1.00 for ten consecutive business days. If needed, it may seek a transfer to the Nasdaq Capital Market and an additional 180-day compliance period.
At the annual meeting on May 22, 2026, stockholders will vote on amendments enabling a potential reverse stock split of all common stock at one of three ratios: 1‑for‑15, 1‑for‑20, or 1‑for‑25. Even if approved and implemented, there is no assurance the company will regain or maintain Nasdaq compliance.
Expensify, Inc. is asking stockholders to vote at its fully virtual 2026 annual meeting on May 22, 2026. Investors will elect eight directors, ratify KPMG as auditor for 2026, and cast an advisory “say‑on‑pay” vote on executive compensation.
The most significant item is Proposal 4, which would authorize the Board to implement a reverse stock split of all common share classes at a ratio of 1‑for‑15, 1‑for‑20, or 1‑for‑25, with a matching reduction in authorized shares. The Board cites maintaining Nasdaq listing and aligning the share price (recently $0.79 on April 9, 2026) with peers as key reasons.
Expensify has a multi‑class, controlled structure. As of March 27, 2026, a Voting Trust holding all LT10 and LT50 shares controls about 83.6% of total voting power and is expected to vote for all proposals, effectively determining the outcome. The company also confirms its status as a Nasdaq “controlled company,” using exemptions from some independence requirements.
Raymod James & Associates Inc submitted a Form 144 notice to sell 90,000 Class A common shares of Expensify, Inc. The filing lists prior dispositions in the past three months by related parties, including sales on 01/02/2026, 02/02/2026, 03/02/2026, 03/17/2026, and 03/24/2026.
Expensify, Inc. is soliciting proxies for its 2026 virtual Annual Meeting of Stockholders to be held May 22, 2026. The board asks holders of Class A, LT10 and LT50 common stock of record as of March 27, 2026 to vote on: election of eight directors; ratification of KPMG LLP as independent auditors for fiscal 2026; an advisory vote on executive compensation; and approval of alternative amendments to authorize a reverse stock split at a 1-for-15, 1-for-20 or 1-for-25 ratio with proportionate reductions in authorized shares. The Voting Trust holds all LT10 and LT50 shares and controls a majority of voting power, and the trustees expect to vote in favor of the board’s recommendations.
The Vanguard Group files an amendment reporting it beneficially owns 0% of Expensify Inc. The filing states 0 shares beneficially owned and 0 votes for the issuer's Common Stock. It explains an internal realignment on January 12, 2026 and says certain Vanguard subsidiaries now report separately in reliance on SEC Release No. 34-39538.