Expensify (EXFY) Expected to Announce Quarterly Earnings on Thursday

Key Points

• Expensify will report Q1 2026 results after the market close on Thursday, May 7, 2026; analysts expect EPS of $0.02 and revenue of $34.33 million, with a conference call at 5:00 PM ET.
• In the prior quarter (reported Feb. 26) Expensify missed estimates, posting a ($0.08) EPS versus a $0.05 consensus and revenue of $35.2M versus $35.5M, and the company has a negative net margin (~15%) and negative return on equity (~16%).
• Insider activity is notable: the CEO sold 30,000 shares at $1.45 while major shareholder Steven J. Mclaughlin bought 500,000 shares at $0.84 and insiders purchased 2,263,444 shares over the past 90 days; the stock trades around $1.05 with a market cap of about $93M and an average analyst rating of Hold (consensus target $3.50).

Expensify (NASDAQ:EXFY - Get Free Report) is expected to issue its Q1 2026 results after the market closes on Thursday, May 7th. Analysts expect the company to announce earnings of $0.02 per share and revenue of $34.33 million for the quarter. Parties can find conference call details on the company's upcoming Q1 2026 earning report page for the latest details on the call scheduled for Thursday, May 7, 2026 at 5:00 PM ET.

Expensify (NASDAQ:EXFY - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported ($0.08) EPS for the quarter, missing the consensus estimate of $0.05 by ($0.13). Expensify had a negative return on equity of 16.00% and a negative net margin of 15.05%.The business had revenue of $35.20 million for the quarter, compared to the consensus estimate of $35.50 million.

Expensify Trading Up 2.9%

Shares of NASDAQ EXFY opened at $1.05 on Thursday. Expensify has a 12 month low of $0.69 and a 12 month high of $3.06. The stock has a 50 day moving average of $0.92 and a 200-day moving average of $1.30. The company has a market capitalization of $93.07 million, a P/E ratio of -4.37 and a beta of 1.70.

Wall Street Analyst Weigh In

Separately, Wall Street Zen upgraded Expensify from a "sell" rating to a "hold" rating in a research note on Saturday, March 21st. One investment analyst has rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Expensify currently has an average rating of "Hold" and a consensus price target of $3.50.

Insider Buying and Selling at Expensify

In related news, CEO David Michael Barrett sold 30,000 shares of the business's stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $1.45, for a total value of $43,500.00. Following the completion of the sale, the chief executive officer directly owned 1,318,480 shares in the company, valued at $1,911,796. The trade was a 2.22% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, major shareholder Steven J. Mclaughlin purchased 500,000 shares of Expensify stock in a transaction that occurred on Wednesday, March 11th. The stock was purchased at an average price of $0.84 per share, with a total value of $420,000.00. Following the completion of the purchase, the insider directly owned 12,203,393 shares in the company, valued at $10,250,850.12. This trade represents a 4.27% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Insiders purchased a total of 2,263,444 shares of company stock valued at $2,132,976 over the last 90 days. 11.65% of the stock is currently owned by corporate insiders.

Institutional Trading of Expensify

Institutional investors have recently added to or reduced their stakes in the company. Abel Hall LLC acquired a new position in Expensify in the 4th quarter valued at $25,000. Franklin Resources Inc. acquired a new position in Expensify in the 3rd quarter valued at $34,000. Balyasny Asset Management L.P. raised its holdings in Expensify by 126.1% in the 4th quarter. Balyasny Asset Management L.P. now owns 31,615 shares of the company's stock valued at $48,000 after acquiring an additional 17,634 shares in the last quarter. Prelude Capital Management LLC raised its holdings in Expensify by 68.5% in the 3rd quarter. Prelude Capital Management LLC now owns 36,400 shares of the company's stock valued at $67,000 after acquiring an additional 14,800 shares in the last quarter. Finally, HRT Financial LP acquired a new position in Expensify in the 4th quarter valued at $68,000. 68.42% of the stock is currently owned by institutional investors.

Expensify Company Profile

Expensify, traded on NASDAQ under the ticker EXFY, is a software-as-a-service (SaaS) company specializing in automated expense management and reporting. Its flagship platform enables employees to capture receipts via mobile app or email, automatically extract expense details through optical character recognition (OCR) and artificial intelligence, and submit streamlined expense reports. The solution is designed to eliminate manual data entry and reduce approval cycle times, serving a broad range of industries from small businesses to large enterprises.

Founded in 2008 by entrepreneur David Barrett, Expensify has grown from a simple receipt-scanning app into a comprehensive spend management suite.

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