Expensify reported Q4 FY2025 revenue of USD 35.2 million (down 5%) and a net loss of USD 7.1 million, with USD 2.2 million in cash from operating activities and free cash flow of USD 3.2 million. Adjusted EBITDA was USD 3.3 million, while Expensify Card interchange rose to USD 5.5 million (up 9%). Paid members were 650,000 (down 5%). For FY2025, Expensify posted revenue of USD 142.1 million (up 2%), net loss of USD 21.4 million, operating cash flow of USD 20.1 million, and free cash flow of USD 19.9 million. Adjusted EBITDA was USD 16.9 million, non-GAAP net income was USD 5.2 million, and Expensify Card interchange increased to USD 21.3 million (up 24%). The company repurchased 4,823,118 shares for about USD 9.1 million in 2025 and ended FY2025 with USD 63.1 million in cash and cash equivalents. Business updates included New Expensify being rolled out to 63% of paying customers and set as the default for new customers, a multi-year integration partnership with Uber for Business to automate travel and meal receipts, and Expensify Travel quarterly bookings growth of 434% in Q4 FY2025. Expensify guided FY2026 free cash flow of USD 6.0 million to USD 9.0 million.
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 via Business Wire (Ref. ID: 202602261600BIZWIRE_USPR_____20260226_BW906474) on February 26, 2026, and is solely responsible for the information contained therein.
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