Expensify (EXFY) Revenue & Revenue Breakdown


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Expensify Revenue Highlights


Latest Revenue (Y)

$150.69M

Latest Revenue (Q)

$35.41M

Main Geography (Y)

UNITED STATES

Expensify Revenue by Period


Expensify Revenue by Year

DateRevenueChange
2023-12-31$150.69M-11.10%
2022-12-31$169.50M18.66%
2021-12-31$142.84M62.18%
2020-12-31$88.07M9.46%
2019-12-31$80.46M-

Expensify generated $150.69M in revenue during NA 2023, up -11.10% compared to the previous quarter, and up 0.00% compared to the same period a year ago.

Expensify Revenue by Quarter

DateRevenueChange
2024-09-30$35.41M6.37%
2024-06-30$33.29M-0.74%
2024-03-31$33.53M-4.75%
2023-12-31$35.21M-3.52%
2023-09-30$36.49M-6.15%
2023-06-30$38.88M-3.03%
2023-03-31$40.10M-7.75%
2022-12-31$43.47M2.30%
2022-09-30$42.49M-1.55%
2022-06-30$43.16M6.92%
2022-03-31$40.37M0.01%
2021-12-31$40.36M7.79%
2021-09-30$37.45M6.07%
2021-06-30$35.30M18.79%
2021-03-31$29.72M15.48%
2020-12-31$25.74M18.64%
2020-09-30$21.69M15.68%
2020-06-30$18.75M-14.32%
2020-03-31$21.89M-

Expensify generated $35.41M in revenue during Q3 2024, up 6.37% compared to the previous quarter, and up 91.06% compared to the same period a year ago.

Expensify Revenue Breakdown


Expensify Revenue Breakdown by Product

Quarterly Revenue by Product

Product/ServiceSep 24Sep 23Jun 23Mar 23Sep 22Jun 22Mar 22
Interchange$3.70M------
Cashback Rewards-$1.80M$1.80M$1.20M$800.00K$700.00K$505.00K

Expensify's latest quarterly revenue breakdown by segment (product or service), as of Sep 24: Interchange (100.00%).

Expensify Revenue Breakdown by Country

Annual Revenue by Country

CountryDec 23Dec 22Dec 21
Non-US$13.32M$14.71M$127.65M
UNITED STATES$137.37M$154.78M$15.18M

Expensify's latest annual revenue breakdown by geography, as of Dec 23: UNITED STATES (91.16%), and Non-US (8.84%).

Quarterly Revenue by Country

CountrySep 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21
UNITED STATES$32.25M$30.51M$31.99M$33.26M$35.49M$36.63M$39.92M$38.95M$39.39M$36.52M$-76.28M$33.55M
Non-US$3.16M$3.02M$3.22M$3.24M$3.40M$3.47M$3.55M$3.54M$3.77M$3.85M$116.65M$3.89M

Expensify's latest quarterly revenue breakdown by geography, as of Sep 24: UNITED STATES (91.07%), and Non-US (8.93%).

Expensify Peer Comparison by Revenue


TickerCompanyLast Year RevenueLast Quarter Revenue
ENVEnvestnet$1.25B$340.38M
CXMSprinklr$732.36M$197.21M
PYCRPaycor HCM$654.95M$167.48M
ETWOE2open Parent$634.55M$151.16M
GTLBGitLab$579.91M$182.58M
VERXVertex$572.39M$170.44M
BRZEBraze$471.80M$145.50M
CWANClearwater Analytics$368.17M$115.83M
ALKTAlkami$264.83M$85.91M
VTEXVTEX$201.52M$52.65M
ENFNEnfusion$174.53M$51.17M
ONTFON24$163.71M$37.35M
EXFYExpensify$150.69M$35.41M
LAWCS Disco$138.09M$36.27M

EXFY Revenue FAQ


What is Expensify’s yearly revenue?

Expensify's yearly revenue for 2023 was $150.69M, representing a decrease of -11.10% compared to 2022. The company's yearly revenue for 2022 was $169.5M, representing an increase of 18.66% compared to 2021. EXFY's yearly revenue for 2021 was $142.84M, representing an increase of 62.18% compared to 2020.

What is Expensify’s quarterly revenue?

Expensify's quarterly revenue for Q3 2024 was $35.41M, a 6.37% increase from the previous quarter (Q2 2024), and a -2.97% decrease year-over-year (Q3 2023). The company's quarterly revenue for Q2 2024 was $33.29M, a -0.74% decrease from the previous quarter (Q1 2024), and a -14.39% decrease year-over-year (Q2 2023). EXFY's quarterly revenue for Q1 2024 was $33.53M, a -4.75% decrease from the previous quarter (Q4 2023), and a -16.37% decrease year-over-year (Q1 2023).

What is Expensify’s revenue growth rate?

Expensify's revenue growth rate for the last 3 years (2021-2023) was 5.50%, and for the last 5 years (2019-2023) was 87.28%.