Expensify Inc. reported Q3 2025 revenue of $35.1 million and a net loss of $2.3 million. Non-GAAP net income for the quarter was $4.3 million, and adjusted EBITDA reached $6.5 million. The company's free cash flow, excluding timing of customer funds, was $1.2 million, while operating cash flow including customer funds was $4.2 million. Average paid members during the quarter totaled 642,000, with paid members in October reaching 653,000. Total interchange amounted to $5.4 million. Business developments for the period included Expensify becoming the official Travel and Expense partner of the Brooklyn Nets, with the team adopting Expensify Travel in Q3. Expensify Travel bookings grew 36% from Q2 to Q3 and 95% since Q1. The company also repurchased approximately 1.6 million shares of its Class A common stock for about $3.0 million between August 12, 2025, and September 30, 2025.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Expensify Inc. published the original content used to generate this news brief on November 07, 2025, and is solely responsible for the information contained therein.
Comments