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Expensify (EXFY) Revenue & Revenue Breakdown

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Expensify Revenue Highlights

Latest Revenue (Y)

$142.10M

Latest Revenue (Q)

$35.06M

Main Segment (Y)

Subscription Fees

Main Geography (Y)

UNITED STATES

Expensify Revenue by Period

Expensify Revenue by Year

DateRevenueChange
2025-12-31$142.10M2.06%
2024-12-31$139.24M-7.60%
2023-12-31$150.69M-11.10%
2022-12-31$169.50M18.66%
2021-12-31$142.84M62.18%
2020-12-31$88.07M9.46%
2019-12-31$80.46M-

Expensify generated $142.10M in revenue during NA 2025, up 2.06% compared to the previous quarter, and up 161.35% compared to the same period a year ago.

Expensify Revenue by Quarter

DateRevenueChange
2025-09-30$35.06M-1.95%
2025-06-30$35.76M-0.86%
2025-03-31$36.07M-2.51%
2024-12-31$37.00M4.50%
2024-09-30$35.41M6.37%
2024-06-30$33.29M-0.74%
2024-03-31$33.53M-4.75%
2023-12-31$35.21M-3.52%
2023-09-30$36.49M-6.15%
2023-06-30$38.88M-3.03%
2023-03-31$40.10M-7.75%
2022-12-31$43.47M2.30%
2022-09-30$42.49M-1.55%
2022-06-30$43.16M6.92%
2022-03-31$40.37M0.01%
2021-12-31$40.36M7.79%
2021-09-30$37.45M6.07%
2021-06-30$35.30M18.79%
2021-03-31$29.72M15.48%
2020-12-31$25.74M18.64%
2020-09-30$21.69M15.68%
2020-06-30$18.75M-14.32%
2020-03-31$21.89M-

Expensify generated $35.06M in revenue during Q3 2025, up -1.95% compared to the previous quarter, and up 105.34% compared to the same period a year ago.

Expensify Revenue Breakdown

Expensify Revenue Breakdown by Product

Annual Revenue by Product

Product/ServiceDec 25Dec 24
Cashback Rewards$-10.09M-
Interchange$21.28M$9.20M
Product and Service, Other$365.00K-
Subscription Fees$130.54M-

Expensify's latest annual revenue breakdown by segment (product or service), as of Dec 25: Subscription Fees (91.86%), Interchange (14.98%), Product and Service, Other (0.26%), and Cashback Rewards (-7.10%).

Quarterly Revenue by Product

Product/ServiceDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22
Interchange$5.58M$5.40M$5.30M$5.00M$5.50M$3.70M------
Cashback Rewards------$1.80M$1.80M$1.20M$800.00K$700.00K$505.00K

Expensify's latest quarterly revenue breakdown by segment (product or service), as of Dec 25: Interchange (100.00%).

Expensify Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 25Dec 24Dec 23Dec 22Dec 21
Non-US$12.46M$12.43M$13.32M$14.71M$127.65M
UNITED STATES$129.64M$126.81M$137.37M$154.78M$15.18M

Expensify's latest annual revenue breakdown by geography, as of Dec 25: UNITED STATES (91.23%), and Non-US (8.77%).

Quarterly Revenue by Country

CountryDec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
UNITED STATES$31.99M$31.97M$32.61M$33.07M$64.05M$32.25M$30.51M$31.99M$33.26M$35.49M$36.63M$39.92M$38.95M$39.39M$36.52M$-76.28M$33.55M
Non-US$3.21M$3.10M$3.15M$3.00M$6.25M$3.16M$3.02M$3.22M$3.24M$3.40M$3.47M$3.55M$3.54M$3.77M$3.85M$116.65M$3.89M

Expensify's latest quarterly revenue breakdown by geography, as of Dec 25: UNITED STATES (90.87%), and Non-US (9.13%).

Expensify Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
TEADTeads$889.88M$286.36M
DSPViant$344.20M$85.58M
NRDYNerdy$178.99M$45.26M
EXFYExpensify$142.10M$35.06M
SSTISoundThinking$102.03M$25.10M
SVCOSilvaco Group$63.06M$18.67M
HITHealth In Tech$19.49M$8.49T
XTKGX3$16.82M$10.24M
TROOTROOPS$3.57M$867.50K
AISPAirship AI--

EXFY Revenue FAQ

What is Expensify’s yearly revenue?

Expensify's yearly revenue for 2025 was $142.1M, representing an increase of 2.06% compared to 2024. The company's yearly revenue for 2024 was $139.24M, representing a decrease of -7.60% compared to 2023. EXFY's yearly revenue for 2023 was $150.69M, representing a decrease of -11.10% compared to 2022.

What is Expensify’s quarterly revenue?

Expensify's quarterly revenue for Q3 2025 was $35.06M, a -1.95% decrease from the previous quarter (Q2 2025), and a -0.97% decrease year-over-year (Q3 2024). The company's quarterly revenue for Q2 2025 was $35.76M, a -0.86% decrease from the previous quarter (Q1 2025), and a 7.44% increase year-over-year (Q2 2024). EXFY's quarterly revenue for Q1 2025 was $36.07M, a -2.51% decrease from the previous quarter (Q4 2024), and a 7.57% increase year-over-year (Q1 2024).

What is Expensify’s revenue growth rate?

Expensify's revenue growth rate for the last 3 years (2023-2025) was -5.70%, and for the last 5 years (2021-2025) was -0.51%.

What are Expensify’s revenue streams?

Expensify's revenue streams in c 25 are Cashback Rewards, Interchange, Product and Service, Other, and Subscription Fees. Cashback Rewards generated $-10.085M in revenue, accounting -7.10% of the company's total revenue Interchange generated $21.28M in revenue, accounting 14.98% of the company's total revenue, up 131.35% year-over-year. Product and Service, Other generated $365K in revenue, accounting 0.26% of the company's total revenue Subscription Fees generated $130.54M in revenue, accounting 91.86% of the company's total revenue

What is Expensify’s main source of revenue?

For the fiscal year ending Dec 25, the largest source of revenue of Expensify was Subscription Fees. This segment made a revenue of $130.54M, representing 91.86% of the company's total revenue.