EXFY logo

ExpensifyNasdaqGS:EXFY Stock Report

Market Cap US$202.3m
Share Price
US$2.22
My Fair Value
AN
AnalystConsensusTarget
US$4.00
44.5% undervalued intrinsic discount
1Y12.1%
7D4.7%
Portfolio Value
​
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Expensify, Inc.

NasdaqGS:EXFY Stock Report

Market Cap: US$202.3m

Expensify (EXFY) Stock Overview

Provides a cloud-based expense management software platform in the United States and internationally. More details

EXFY fundamental analysis
Snowflake Score
Valuation4/6
Future Growth3/6
Past Performance0/6
Financial Health6/6
Dividends0/6

Rewards

Trading at 35.8% below our estimate of its fair value

Earnings are forecast to grow 91.93% per year

Risk Analysis

No risks detected for EXFY from our risk checks.

EXFY Community Fair Values

Create Narrative

See what 14 others think this stock is worth. Follow their fair value or set your own to get alerts.

EXFY logo
Expensify
AN
AnalystConsensusTarget
AnalystConsensusTarget
Consensus Narrative from 4 Analysts

Cloud Automation And AI Will Expand Global Reach

Key Takeaways Product innovation and AI-driven automation enhance operational efficiency, customer value, and support sustained revenue and margin growth. Expanding ecosystem, global reach, and high-profile marketing initiatives enable greater cross-selling, new user acquisition, and increased per-customer monetization.
View narrative
US$4.00
FV
44.5% undervalued intrinsic discount
4.20%
Revenue growth p.a.
0users have liked this narrative
0users have commented on this narrative
6users have followed this narrative
1 day ago author updated this narrative
View Expensify Community

Expensify, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for Expensify
Historical stock prices
Current Share PriceUS$2.22
52 Week HighUS$4.13
52 Week LowUS$1.45
Beta1.75
1 Month Change-11.55%
3 Month Change-25.50%
1 Year Change12.12%
3 Year Change-88.88%
5 Year Changen/a
Change since IPO-94.59%

Recent News & Updates

At US$2.18, Is Expensify, Inc. (NASDAQ:EXFY) Worth Looking At Closely?

Jul 16
At US$2.18, Is Expensify, Inc. (NASDAQ:EXFY) Worth Looking At Closely?

Expensify: Clients Have The Upper Hand

Jul 08

Revenues Working Against Expensify, Inc.'s (NASDAQ:EXFY) Share Price Following 26% Dive

May 25
Revenues Working Against Expensify, Inc.'s (NASDAQ:EXFY) Share Price Following 26% Dive

Recent updates

At US$2.18, Is Expensify, Inc. (NASDAQ:EXFY) Worth Looking At Closely?

Jul 16
At US$2.18, Is Expensify, Inc. (NASDAQ:EXFY) Worth Looking At Closely?

Expensify: Clients Have The Upper Hand

Jul 08

Revenues Working Against Expensify, Inc.'s (NASDAQ:EXFY) Share Price Following 26% Dive

May 25
Revenues Working Against Expensify, Inc.'s (NASDAQ:EXFY) Share Price Following 26% Dive

Expensify: Tiny Company, Bountiful FCF Potential

Apr 23
author-image

AI Integration, SmartScan And Travel Will Drive Future Efficiency

Expensify's strategic AI investments and successful card program expansion could enhance profitability and sustain revenue growth through increased margins and new revenue streams.

Expensify: Competitive Industry And Poor Operating Metrics

Jan 30

The Jury's Still Out On Expensify's Platform 2.0 Approach

Nov 13

Expensify, Inc. (NASDAQ:EXFY) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Nov 09
Expensify, Inc. (NASDAQ:EXFY) Stock Catapults 32% Though Its Price And Business Still Lag The Industry

Expensify, Inc.'s (NASDAQ:EXFY) Shares Bounce 28% But Its Business Still Trails The Industry

Aug 18
Expensify, Inc.'s (NASDAQ:EXFY) Shares Bounce 28% But Its Business Still Trails The Industry

Expensify: Staying Bullish On Good Performance And Favorable Prospects

Aug 13

Expensify, Inc.'s (NASDAQ:EXFY) Revenues Are Not Doing Enough For Some Investors

Jun 19
Expensify, Inc.'s (NASDAQ:EXFY) Revenues Are Not Doing Enough For Some Investors

Expensify: A Busted IPO To An Undervalued SaaS Micro-Cap

May 07

Expensify: A Company That Hopes To Turn The Corner In 2024

Apr 02

Expensify: Poor Execution And Outlook (Rating Downgrade)

Mar 05

There's No Escaping Expensify, Inc.'s (NASDAQ:EXFY) Muted Revenues Despite A 25% Share Price Rise

Mar 01
There's No Escaping Expensify, Inc.'s (NASDAQ:EXFY) Muted Revenues Despite A 25% Share Price Rise

Expensify May Have More Surprises In Store (Rating Upgrade)

Feb 27

Is Expensify (NASDAQ:EXFY) Using Debt In A Risky Way?

Feb 19
Is Expensify (NASDAQ:EXFY) Using Debt In A Risky Way?

Time To Worry? Analysts Just Downgraded Their Expensify, Inc. (NASDAQ:EXFY) Outlook

Nov 16
Time To Worry? Analysts Just Downgraded Their Expensify, Inc. (NASDAQ:EXFY) Outlook

The Market Doesn't Like What It Sees From Expensify, Inc.'s (NASDAQ:EXFY) Revenues Yet As Shares Tumble 38%

Nov 10
The Market Doesn't Like What It Sees From Expensify, Inc.'s (NASDAQ:EXFY) Revenues Yet As Shares Tumble 38%

An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 46% Undervalued

Mar 10
An Intrinsic Calculation For Expensify, Inc. (NASDAQ:EXFY) Suggests It's 46% Undervalued

Shareholder Returns

EXFYUS SoftwareUS Market
7D4.7%0.03%1.0%
1Y12.1%30.5%18.0%

Return vs Industry: EXFY underperformed the US Software industry which returned 28.6% over the past year.

Return vs Market: EXFY underperformed the US Market which returned 17.7% over the past year.

Price Volatility

Is EXFY's price volatile compared to industry and market?
EXFY volatility
EXFY Average Weekly Movement9.7%
Software Industry Average Movement7.3%
Market Average Movement6.3%
10% most volatile stocks in US Market17.3%
10% least volatile stocks in US Market3.0%

Stable Share Price: EXFY has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: EXFY's weekly volatility (10%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2008115David Barrettwww.expensify.com

Expensify, Inc. provides a cloud-based expense management software platform in the United States and internationally. The company offers Expensify, a platform that offers corporate card management, bills payment, invoice generation, payment collection, and travel booking services, as well as track and submit plans for individuals. It serves individuals and corporations, small and midsized businesses, and enterprises.

Expensify, Inc. Fundamentals Summary

How do Expensify's earnings and revenue compare to its market cap?
EXFY fundamental statistics
Market capUS$202.28m
Earnings (TTM)-US$9.44m
Revenue (TTM)US$141.78m
1.4x
P/S Ratio
-21.4x
P/E Ratio

Is EXFY overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
EXFY income statement (TTM)
RevenueUS$141.78m
Cost of RevenueUS$67.49m
Gross ProfitUS$74.29m
Other ExpensesUS$83.73m
Earnings-US$9.44m

Last Reported Earnings

Mar 31, 2025

Next Earnings Date

Aug 07, 2025

Earnings per share (EPS)-0.10
Gross Margin52.40%
Net Profit Margin-6.66%
Debt/Equity Ratio0%

How did EXFY perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/07/25 21:29
End of Day Share Price 2025/07/25 00:00
Earnings2025/03/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Expensify, Inc. is covered by 9 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Daniel JesterBMO Capital Markets Equity Research
Koji IkedaBofA Global Research
Steven EndersCitigroup Inc