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Expensify (EXFY) Revenue & Revenue Breakdown

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Expensify Revenue Highlights

Latest Revenue (Y)

$142.10M

Latest Revenue (Q)

$33.97M

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
2026-03-31$33.97M-3.49%
2025-12-31$35.20M0.38%
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 $33.97M in revenue during Q1 2026, up -3.49% compared to the previous quarter, and up 91.80% 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-
Subscription Fees$130.54M-
Product and Service, Other$365.00K-
Interchange$21.28M$9.20M

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/ServiceMar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22
Cashback Rewards$-2.64M$1.80M$1.80M$1.20M$800.00K$700.00K$505.00K------
Subscription Fees$30.95M------------
Product and Service, Other$119.00K------------
Interchange$5.54M$5.58M$5.40M$5.30M$5.00M$5.50M$3.70M------

Expensify's latest quarterly revenue breakdown by segment (product or service), as of Mar 26: Subscription Fees (91.10%), Interchange (16.31%), Product and Service, Other (0.35%), and Cashback Rewards (-7.76%).

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

CountryMar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
UNITED STATES$30.92M$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$3.05M$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 Mar 26: UNITED STATES (91.02%), and Non-US (8.98%).

Expensify Peer Comparison by Revenue

TickerCompanyLast Year RevenueLast Quarter Revenue
TEADTeads$889.88M$286.36M
DSPViant$344.20M$88.54M
NRDYNerdy$178.99M$48.73M
EXFYExpensify$142.10M$33.97M
SSTISoundThinking$104.13M$24.18M
SVCOSilvaco Group$63.06M$17.75M
HITHealth In Tech$33.33M$8.77M
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 Q1 2026 was $33.97M, a -3.49% decrease from the previous quarter (Q4 2025), and a -5.84% decrease year-over-year (Q1 2025). The company's quarterly revenue for Q4 2025 was $35.2M, a 0.38% increase from the previous quarter (Q3 2025), and a -4.88% decrease year-over-year (Q4 2024). EXFY'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).

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, Subscription Fees, Product and Service, Other, and Interchange. Cashback Rewards generated $-10.085M in revenue, accounting -7.10% of the company's total revenue Subscription Fees generated $130.54M in revenue, accounting 91.86% of the company's total revenue Product and Service, Other generated $365K in revenue, accounting 0.26% 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.

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.