Expensify (EXFY) to Release Earnings on Thursday

Key Points

• Expensify is set to announce its Q2 2025 earnings on August 7th, with analysts predicting earnings of $0.02 per share and revenue of $36.15 million.
• Recent insider trading shows CEO David Michael Barrett sold 30,000 shares for approximately $76,800, reducing his ownership by 1.92%.
• Institutional ownership of Expensify stands at 68.42%, with Millennium Management increasing its stake by 103.2% in the last quarter.

Expensify (NASDAQ:EXFY - Get Free Report) is anticipated to post its Q2 2025 quarterly earnings results after the market closes on Thursday, August 7th. Analysts expect Expensify to post earnings of $0.02 per share and revenue of $36.15 million for the quarter.

Expensify Trading Down 2.5%

Expensify stock traded down $0.05 during trading on Friday, hitting $1.98. The company had a trading volume of 793,560 shares, compared to its average volume of 642,652. Expensify has a 1-year low of $1.45 and a 1-year high of $4.13. The company's 50 day simple moving average is $2.30 and its 200-day simple moving average is $2.86. The stock has a market cap of $159.14 million, a price-to-earnings ratio of -22.00 and a beta of 1.75.

Analyst Ratings Changes

EXFY has been the subject of several recent research reports. Lake Street Capital decreased their price target on shares of Expensify from $5.00 to $4.50 and set a "buy" rating for the company in a research report on Friday, May 9th. Wall Street Zen raised shares of Expensify from a "buy" rating to a "strong-buy" rating in a research report on Saturday, July 26th.

Insider Buying and Selling

In other Expensify news, CEO David Michael Barrett sold 30,000 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The shares were sold at an average price of $2.56, for a total value of $76,800.00. Following the completion of the transaction, the chief executive officer owned 1,528,480 shares of the company's stock, valued at $3,912,908.80. This trade represents a 1.92% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Over the last three months, insiders have sold 74,609 shares of company stock valued at $180,456. Company insiders own 12.27% of the company's stock.

Hedge Funds Weigh In On Expensify

An institutional investor recently raised its position in Expensify stock. Millennium Management LLC lifted its position in shares of Expensify, Inc. (NASDAQ:EXFY - Free Report) by 103.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 1,406,476 shares of the company's stock after purchasing an additional 714,244 shares during the period. Millennium Management LLC owned about 1.75% of Expensify worth $4,276,000 at the end of the most recent reporting period. Hedge funds and other institutional investors own 68.42% of the company's stock.

Expensify Company Profile

Expensify, Inc provides a cloud-based expense management software platform to individuals and corporations, small and midsized businesses, and enterprises in the United States and internationally. The company's platform enables users to manage corporate cards, pay bills, generate invoices, collect payments, and book travel.