Expensify, Inc. Class A (EXFY)

Expensify's stock price has significantly declined, decreasing by 23.28% in the past six months and 60.06% over the last year, trading at $1.39 as of February 5, 2026. Key events include a Q3 2025 earnings miss, a director stock purchase, and the COO's resignation along with a director stock sale. The stock's price has decreased 62.04% over the last 12 months, with a year-to-date return of -3.97%.

Expensify's business experiences some demand seasonality, with Q1 2025 results being seasonally affected as expected. Expensify Travel is subject to seasonal fluctuations common in the travel industry. Corporate card usage can see higher volumes during months tied to seasonal demand or annual vendor payments. Expense management software can help businesses identify seasonal fluctuations in their spending patterns.

Expensify, Inc. (EXFY) is a software company providing a cloud-based expense management platform in the Technology Services sector and Packaged Software industry. Its offerings include the Expense Management Platform, Expensify Card, Expensify Travel, and Concierge AI, which automate and simplify money management for individuals, SMBs, and enterprises.

Expensify, Inc. is headquartered in Portland, Oregon, and serves customers in over 200 countries and territories. It supports multi-currency functionality and has expanded the availability of its Expensify Card to the UK, EU, and Canada. Its operations are segmented into "United States and All Other Locations."

Expensify's brand reputation has been influenced by both positive and negative events. A class action lawsuit was filed alleging untrue statements or omissions in IPO documents. Negative user feedback cited software malfunctions, ineffective customer service, and unauthorized subscription renewals. However, brand awareness was boosted by a feature in "F1® The Movie," reportedly increasing awareness by 50% in target demographics and 350% among the 18-24 demographic.

Expensify, Inc. operates with a hybrid ownership model, with significant control held by its founders and insiders, balanced by substantial holdings from institutional investors. Major institutional owners hold 36% of the company's shares, while founders and key executives hold approximately 29.7%.