EXFY

Company Overview — What Does Expensify, Inc. Do?

Expensify, Inc. provides a cloud-based expense management software platform to individuals, small businesses, and corporations in the United States and internationally. The company's platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel. It also offers track and submit plans for individuals. The company was founded in 2008 and is based in Portland, Oregon. Expensify, Inc. (EXFY) is classified as a micro-cap stock in the Technology sector, specifically within the Computer Software industry. The company is led by CEO David Barrett and employs approximately 140 people. With a market capitalization of $81M, EXFY is one of the notable companies in the Technology sector.

Expensify, Inc. (EXFY) Stock Rating — Avoid (April 2026)

As of April 2026, Expensify, Inc. receives a Avoid rating with a composite score of 29.2/100 and 1 out of 5 stars from the Blank Capital Research quantitative model.EXFY ranks #4,251 out of 4,446 stocks in our coverage universe. Within the Technology sector, Expensify, Inc. ranks #556 of 584 stocks, placing it in the lower half of its Technology peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).

EXFY Stock Price and 52-Week Range

Expensify, Inc. (EXFY) currently trades at $0.78. The stock lost $0.01 (0.8%) in the most recent trading session. The 52-week high for EXFY is $3.60, which means the stock is currently trading -78.3% from its annual peak. The 52-week low is $0.69, putting the stock 12.9% above its annual trough. Recent trading volume was 377K shares, suggesting relatively thin trading activity.

Is EXFY Overvalued or Undervalued? — Valuation Analysis

Expensify, Inc. (EXFY) carries a value factor score of 18/100 in the Blank Capital model, signaling premium valuation that prices in significant future growth. The price-to-book ratio stands at 0.58x, versus the sector average of 3.16x. The price-to-sales ratio is 0.54x, compared to 1.06x for the average Technology stock.

At current multiples, Expensify, Inc. trades at a premium to most Technology peers. This elevated valuation may be justified if the company can sustain above-average growth rates and profitability, but it also creates downside risk if earnings disappoint expectations.

Expensify, Inc. Profitability — ROE, Margins, and Quality Score

Expensify, Inc. (EXFY) earns a quality factor score of 38/100, signaling below-average profitability metrics relative to the broader market. The return on equity (ROE) is -12.4%, compared to the Technology sector average of -1.4%, which is below typical expectations for high-quality companies. Return on assets (ROA) comes in at -8.9% versus the sector average of -1.0%.

On a margin basis, Expensify, Inc. reports gross margins of 50.9%, compared to 50.9% for the sector. The operating margin is -9.7% (sector: -0.5%). Net profit margin stands at -11.5%, versus -1.5% for the average Technology stock. Revenue growth is running at 5.3% on a trailing basis, compared to 14.2% for the sector. Profitability is below benchmark levels, which may reflect industry headwinds, elevated reinvestment, or structural challenges.

EXFY Debt, Balance Sheet, and Financial Health

Expensify, Inc. has a debt-to-equity ratio of 40.0%, compared to the Technology sector average of 43.0%. The low leverage indicates a conservative balance sheet with significant financial flexibility. The current ratio is 3.30x, indicating strong short-term liquidity. Total debt on the balance sheet is $5M. Cash and equivalents stand at $61M.

EXFY has a beta of 1.12, meaning it is roughly in line with the broader market in terms of price volatility. The stability factor score for Expensify, Inc. is 36/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.

Expensify, Inc. Revenue and Earnings History — Quarterly Trend

In TTM 2026, Expensify, Inc. reported revenue of $142M and earnings per share (EPS) of $-0.23. Net income for the quarter was $-16M. Gross margin was 50.9%. Operating income came in at $-14M.

In FY 2025, Expensify, Inc. reported revenue of $142M and earnings per share (EPS) of $-0.23. Net income for the quarter was $-21M. Gross margin was 50.3%. Revenue grew 2.1% year-over-year compared to FY 2024. Operating income came in at $-18M.

In Q3 2025, Expensify, Inc. reported revenue of $35M and earnings per share (EPS) of $-0.03. Net income for the quarter was $-2M. Gross margin was 49.6%. Revenue grew -1.0% year-over-year compared to Q3 2024. Operating income came in at $-2M.

In Q2 2025, Expensify, Inc. reported revenue of $36M and earnings per share (EPS) of $-0.10. Net income for the quarter was $-9M. Gross margin was 51.9%. Revenue grew 7.4% year-over-year compared to Q2 2024. Operating income came in at $-10M.

Over the past 8 quarters, Expensify, Inc. has demonstrated a growth trajectory, with revenue expanding from $33M to $142M. Investors analyzing EXFY stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.

EXFY Dividend Yield and Income Analysis

Expensify, Inc. (EXFY) does not currently pay a dividend. This is common among smaller companies in the Computer Software industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Technology dividend stocks may want to explore other Technology stocks or use the stock screener to filter by dividend yield.

EXFY Momentum and Technical Analysis Profile

Expensify, Inc. (EXFY) has a momentum factor score of 12/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 31/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 55/100 reflects moderate short selling activity.

EXFY vs Competitors — Technology Sector Ranking and Peer Comparison

Within the Technology sector, Expensify, Inc. (EXFY) ranks #556 out of 584 stocks based on the Blank Capital composite score. This places EXFY in the lower half of all Technology stocks in our coverage universe. Key competitors and sector peers include IHS Holding Ltd (IHS) with a score of 55.0/100, VERISIGN INC/CA (VRSN) with a score of 56.0/100, ESCO TECHNOLOGIES INC (ESE) with a score of 51.7/100, CareCloud, Inc. (CCLD) with a score of 46.9/100, and MMTec, Inc. (MTC) with a score of 47.4/100.

Comparing EXFY against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full EXFY vs S&P 500 (SPY) comparison to assess how Expensify, Inc. stacks up against the broader market across all factor dimensions.

EXFY Next Earnings Date

No upcoming earnings date has been announced for Expensify, Inc. (EXFY) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.

Should You Buy EXFY? — Investment Thesis Summary

The quantitative profile for Expensify, Inc. suggests caution. The quality score of 38/100 flags below-average profitability. The value score of 18/100 indicates premium valuation. Momentum is weak at 12/100, a headwind for near-term performance. High volatility (stability score 36/100) increases portfolio risk.

In summary, Expensify, Inc. (EXFY) earns a Avoid rating with a composite score of 29.2/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on EXFY stock.

Related Resources for EXFY Investors

Explore more research and tools: EXFY vs S&P 500 comparison, top Technology stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare EXFY head-to-head with peers: EXFY vs IHS, EXFY vs VRSN, EXFY vs ESE.