Develops cloud-based expense management software for businesses.
Jun 2026Revenue $138M/yrExpenses $149M/yr
Fell below break-even Nov 2021
Figures by year
When will Expensify be profitable again?
Its expenses passed its revenue in Nov 2021. In the 12 months to Jun 2026, revenue was $138M and expenses $149M.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $142M | $160M | −$18.0M |
| Dec 2024 | $139M | $140M | −$820K |
| Dec 2023 | $151M | $184M | −$33.1M |
| Dec 2022 | $169M | $185M | −$15.2M |
| Dec 2021 | $143M | $153M | −$10.3M |
| Dec 2020 | $88.1M | $82.4M | $5.67M |
| Dec 2019 | $80.5M | $79.2M | $1.25M |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.