1.85
-9.76%
Close of 9 Nov 2026, in USD
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About Expensify
From its filings with the US Securities and Exchange Commission
Expensify is based in San Francisco, California and is incorporated in Delaware. Its shares trade on Nasdaq under the ticker EXFY. The SEC classifies its business as prepackaged software. In the fiscal year to 31 December 2025, it reported revenue of $142.1m and a net loss of $21.4m. At that date it held total assets of $186.0m and shareholders' equity of $132.7m. By region, United States accounted for 91.2%, followed by All other locations at 8.8%.
Expensify is a leading cloud-based expense management software platform that helps the smallest to the largest businesses simplify the way they manage money. Every day, people from all walks of life in organizations around the world use Expensify to scan and reimburse receipts from flights, hotels, coffee shops, office supplies and ride shares. Since our founding in 2008, we have added over 15 million members to our community, and processed and automated over 1.8 billion expense transactions on our platform as of December 31, 2025, freeing people to spend less time managing expenses and more time doing the things they love. For the quarter ended December 31, 2025, an average of 650,000 paid members across an average of 39,700 companies and over 200 countries and territories used Expensify to make money easy.
Since the beginning of Expensify, our guiding principle has been improving the experience of the actual end users of expense management software: everyday employees. We designed Expensify to be easy to set up, integrate, configure and use from almost any device, which has enabled us to serve employees of all types and organizations of all sizes, industries and geographies. Our first breakthrough was revolutionizing receipt tracking with our patented scanning technology, SmartScan, which allows anyone to simply take a photo of any receipt – no matter the currency or quality of handwriting – for fast, automatic and accurate transcription of a receipt with just one tap.
Quoted from its 10-K, filed 26 Feb 2026. Read the filing on SEC.gov ↗
Company facts
- Sector
- Information Technology
- Industry
- Software
- Listed since
- 10 Nov 2021
- Employees
- 117
- Website
- we.are.expensify.com ↗
- Head office
- 88 KEARNY ST, SAN FRANCISCO, CA, 94108
- Incorporated in
- DE
- Classification
- Services-Prepackaged Software
- Filer status
- Accelerated filer<br>Smaller reporting company
Leadership
Pay as last reported
- Mr. David BarrettChief Executive Officer, Founder, Director, since 2009$2.1m
- Mr. Ryan SchafferChief Financial Officer, Director, since 2013$1.2m
- Ms. Anuradha MuralidharanChief Operating Officer, Director, since 2021$1.2m
- Mr. Jason MillsDirector
- Mr. Daniel VidalDirector, since 2013
- Mr. Timothy ChristenIndependent Director$157,611
- Ms. Ying LiuIndependent Director$147,461
- Ms. Ellen PaoIndependent Director$147,363
- Mr. Nick TookerInvestor Relations, since 2022
Environmental, social and governance
Scores out of 100, from our data supplier
- Overall
- 15
- Environment
- 6
- Social
- 29
- Governance
- 8
- Carbon reduction policy
- No
- Human rights policy
- No
SWOT analysis
AI-generated by our data supplier. Not written or checked by our editors.
Strengths
- Expensify Inc is known for its cutting-edge expense management solution that simplifies and automates the process for businesses. This innovative software enables users to easily track and manage expenses, saving time and reducing errors.
- Expensify Inc's platform offers a user-friendly interface, making it easy for employees to submit expense reports and for managers to review and approve them. The intuitive design enhances user experience and promotes widespread adoption.
Weaknesses
- Despite its innovative solution, Expensify Inc may face challenges in gaining a significant market share. The competition in the expense management industry is fierce, and breaking through established players might require extensive marketing efforts.
- Expensify Inc heavily relies on robust technological infrastructure to deliver its expense management services. Any interruptions or system failures could impact the company's ability to provide reliable services, leading to customer dissatisfaction.
Opportunities
- The demand for expense management software is expected to increase as businesses increasingly prioritize automation and efficiency in their processes. Expensify Inc can capitalize on this opportunity to expand its customer base and market share.
- Expensify Inc can explore partnerships and integration opportunities with popular enterprise software providers, such as payroll or accounting systems. This would provide added convenience and value for customers, making Expensify a preferred choice.
Threats
- The expense management industry is highly competitive, with numerous players offering similar solutions. Expensify Inc needs to continually innovate and differentiate itself to stay ahead in a crowded marketplace and retain its market share.
- In an era of increasing data breaches and privacy regulations, Expensify Inc must ensure robust security measures are in place to protect sensitive financial information. Any security breaches could severely tarnish the company's reputation and lead to loss of customers.
Sources and methodology
- Data on this tab
- Our data supplier
- Chart on the Overview
- TradingView
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