Expensify, Inc.
EXFYNasdaqTechnology · Services-Prepackaged Software · DE · SEC filings ↗ · Compare ⊕
View price & chart on Yahoo Finance ↗Financials
SEC XBRL · annual| FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | |
|---|---|---|---|---|---|---|
| Revenue | $142.1M | $139.2M | $150.7M | $169.5M | $142.8M | $88.1M |
| Operating income | −$18.0M | −$820,000 | −$33.1M | −$15.2M | −$10.3M | $5.7M |
| Net income | −$21.4M | −$10.1M | −$41.5M | −$27.0M | −$13.6M | −$1.7M |
| Total assets | $186.0M | $173.7M | $176.8M | $210.2M | $183.2M | $87.7M |
| Total liabilities | $53.2M | $45.4M | $76.0M | $113.0M | $106.6M | $73.7M |
| Equity | $132.7M | $128.2M | $100.7M | $97.2M | $76.6M | −$31.0M |
| EPS (diluted) | $-0.23 | $-0.12 | $-0.50 | $-0.33 | $-0.36 | $-0.06 |
| Shares out. | 92.3M | 87.4M | 82.5M | 80.8M | 38.0M | 27.4M |
Reported figures from the company's SEC filings (XBRL). Blank where a line item isn't cleanly tagged — never estimated.
Key ratios
from filings · FY2025- Operating margin
- −12.7%
- Net margin
- −15.1%
- Return on equity
- −16.1%
- Return on assets
- −11.5%
- Return on capital (ROCE)
- −12.9%
- Liabilities / assets
- 28.6%
- Debt / equity
- 0.40×
- Book value / share
- $1.44
- Revenue growth (YoY)
- 2.1%
- Net income growth (YoY)
- —
Computed from the company's own SEC figures — no market price, so these are facts, not a valuation. Book value per share is reported equity ÷ shares; it is not the stock price.
Financial health
forensic scores · FY2025- Altman Z″ (distress)
- 2.71safe
- Accruals / assets
- −22.3%clean
- Beneish M-Score
- -3.20normal
- Piotroski F-Score
- 2/9weak
Altman Z″is a textbook bankruptcy-distress score from book values only (>2.6 safe · 1.1–2.6 grey · <1.1 distress). Accruals = (net income − operating cash flow) ÷ assets; persistently high accruals are an earnings-quality red flag. Beneish M-Scoreis an eight-ratio screen comparing this year with last (M > −1.78 = elevated manipulation-risk screen, not proof). Piotroski F-Scorecounts how many of nine fundamental-health checks pass (shown as passed / applicable; we use operating margin and total liabilities as documented proxies where the exact input isn't XBRL-tagged). Computed from SEC filings — descriptive factors, not advice or a forecast.
Quality score
EDS ScoreOur own multi-factor score from free SEC data — profitability, growth, financial strength, earnings quality, and event/ownership catalysts. No market price and no licensed model: each axis is the share of source-backed checks it passes. Descriptive factors, not advice or a forecast.
Signs
● 1 severe● 2 warning● 5 good- Filed a late-filing notice (Form NT) — missed an SEC deadline
- Operating losses (negative operating margin)
- Reported a net loss
- Revenue is growing year-over-year
- Conservative leverage (liabilities < 50% of assets)
- Positive operating cash flow
- Clean earnings (low accruals)
- Altman Z″ in the safe zone
Derived from the company's own SEC figures (fundamentals, forensic scores, filing discipline) — descriptive factors, not advice or a forecast.
Risk flags
late SEC filings- NT 10-Kmissed a reporting deadline ↗Mar 2, 2023
A Form NT means the company notified the SEC it would file a periodic report late — often an accounting, audit or liquidity warning sign. Also search SEC enforcement actions for this company.
5%+ owners
SEC Schedule 13D / 13G · last 3 yrs- Vanguard Group IncPassive (13G)Mar 26, 2026
- Barrett David MichaelPassive (13G)Feb 13, 2025
Holders who disclosed a 5%+ stake. 13D signals intent to influence or control; 13G is a passive holding. Latest filing per holder — open it for the exact stake.
Short interest
FINRA · bi-monthly| Settlement | Shares short | Days to cover | Δ vs prior |
|---|---|---|---|
| May 15, 2026 | 3.7M | 4.7 | +5.4% |
| Apr 30, 2026 | 3.5M | 6.4 | -15.6% |
| Apr 15, 2026 | 4.2M | 7.2 | +11.7% |
| Mar 31, 2026 | 3.8M | 3.5 | +6.2% |
| Mar 13, 2026 | 3.5M | 3.0 | +36.0% |
Shares sold short as reported to FINRA. Days-to-cover = short shares ÷ average daily volume — higher means more potential squeeze pressure.
Material events
SEC Form 8-K · most recent- Other material eventMay 29, 2026
- Shareholder voteMay 27, 2026
- Regulation FD disclosureMay 13, 2026
- Results of operations · Regulation FD disclosureMay 7, 2026
- Delisting / listing-standard noticeApr 21, 2026
- Results of operations · Regulation FD disclosureFeb 26, 2026
- Director / officer changeDec 30, 2025
- Results of operations · Regulation FD disclosureNov 6, 2025
Events the company reported on Form 8-K, labelled by the SEC item code it filed under — its own classification, not our interpretation.
Recent SEC filings
All filings ↗Event-driven situations (1)
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