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Expensify, Inc. (EXFY)

Technology | Software - Application | San Francisco, United States | NasdaqGS
2.58 USD +0.02 (0.781%) ⇧ (Aug. 28, 2026, 4 p.m. EDT)
After hours: 2.56 -0.02 (-0.020%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT)

Short-term:★★⯪☆☆Long-term:⯪☆☆☆☆Dividends:☆☆☆☆☆
Hot Take | Aug. 22, 2026, 2:31 a.m. EDT

The investment case for Expensify is currently broken by a catastrophic multi-year decline. The stock has lost over 90% of its value in just three years, with the last three consecutive years seeing negative returns. This is not a temporary correction; it is a structural implosion where the market has priced out the business entirely. Fundamentals confirm the distress: revenue is shrinking by 5.3%, and the company is burning cash with negative operating margins and negative returns on equity. While the balance sheet remains technically solvent due to low debt, the inability to generate profit or grow top-line revenue makes the current valuation a value trap rather than a bargain. The recent price action shows some volatility and a slight bounce off lows, but without a reversal in the revenue trend, this is merely noise. The absence of put buying suggests traders are ignoring the downside risk, perhaps hoping for a binary event like a successful spin-off or acquisition, but for a standard investor, the trajectory is dangerously bearish.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.316667
AutoETS0.358020
AutoARIMA0.358676
AutoTheta0.381776

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 35%
H-stat 6.21
Ljung-Box p 0.000
Jarque-Bera p 0.084
Excess Kurtosis -1.02
Attribute Value
Sector Technology
Debt to Equity Ratio 3.997
Revenue per Share 1.475
Market Cap 235,261,584
Forward P/E 25.80
Beta 1.68
Profit Margins -11.31%
Website https://www.expensify.com

As of Aug. 22, 2026, 2:31 a.m. EDT: Options activity shows a distinct lack of protective put buying, with virtually zero open interest in out-of-the-money puts across all expirations. Conversely, there is notable volume in deep out-of-the-money calls (e.g., $5.00 strike), suggesting speculative bets on a sharp recovery or a 'lottery ticket' trade rather than a structured hedging strategy. Implied volatility is elevated relative to the low price, reflecting uncertainty about the upcoming earnings report.


Info Dump

Attribute Value
52 Week Change 0.34375
Address1 88 Kearny St
Address2 Ste 1600
All Time High 51.06
All Time Low 0.691
Ask 3.31
Ask Size 2
Audit Risk 8
Average Daily Volume10 Day 774,290
Average Daily Volume3 Month 1,524,666
Average Volume 1,524,666
Average Volume10Days 774,290
Beta 1.679
Bid 1.9
Bid Size 2
Board Risk 10
Book Value 1.464
City San Francisco
Compensation As Of Epoch Date 1,767,139,200
Compensation Risk 10
Country United States
Crypto Tradeable 0
Currency USD
Current Price 2.58
Current Ratio 3.497
Custom Price Alert Confidence HIGH
Date Short Interest 1,786,665,600
Day High 2.68
Day Low 2.54
Debt To Equity 3.997
Display Name Expensify
Earnings Call Timestamp End 1,786,050,000
Earnings Call Timestamp Start 1,786,050,000
Earnings Timestamp 1,786,046,400
Earnings Timestamp End 1,793,908,800
Earnings Timestamp Start 1,793,908,800
Ebitda -13,070,000
Ebitda Margins -0.094639994
Enterprise To Ebitda -13.38
Enterprise To Revenue 1.266
Enterprise Value 174,879,600
Eps Current Year 0.12
Eps Forward 0.1
Eps Trailing Twelve Months -0.17
Esg Populated 0
Exchange NMS
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 1.9926
Fifty Day Average Change 0.58739996
Fifty Day Average Change Percent 0.29479071
Fifty Two Week Change Percent 34.375
Fifty Two Week High 2.81
Fifty Two Week High Change -0.23000002
Fifty Two Week High Change Percent -0.08185054
Fifty Two Week Low 0.691
Fifty Two Week Low Change 1.8889999
Fifty Two Week Low Change Percent 2.733719
Fifty Two Week Range 0.691 - 2.81
Financial Currency USD
First Trade Date Milliseconds 1,636,554,600,000
Float Shares 54,587,073
Forward Eps 0.1
Forward P E 25.8
Free Cashflow 20,026,124
Full Exchange Name NasdaqGS
Full Time Employees 117
Fullday Change 0.02
Fullday Change Percent 0.781249
Fullday Price 2.56
Gmt Off Set Milliseconds -14,400,000
Governance Epoch Date 1,785,542,400
Gross Margins 0.48668
Gross Profits 67,210,000
Has Pre Post Market Data 1
Held Percent Insiders 0.25594
Held Percent Institutions 0.32683998
Implied Shares Outstanding 91,186,664
Industry Software - Application
Industry Disp Software - Application
Industry Key software-application
Ipo Expected Date 2,021-11-10
Is Earnings Date Estimate 0
Language en-US
Last Fiscal Year End 1,767,139,200
Long Business Summary Expensify, Inc. provides a cloud-based expense management software platform in the United States and internationally. The company offers Expensify, a platform that engages in managing corporate cards, paying bills, generating invoices, collecting payments, and booking travel, as well as track and submit plans for individuals. It serves individuals and corporations, small and midsized businesses, and enterprises. The company was founded in 2008 and is based in San Francisco, California.
Long Name Expensify, Inc.
Market us_market
Market Cap 235,261,584
Market State CLOSED
Max Age 86,400
Message Board Id finmb_59692786
Most Recent Quarter 1,782,777,600
Net Income To Common -15,620,000
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 233,437,859
Number Of Analyst Opinions 3
Open 2.58
Operating Cashflow 12,600,000
Operating Margins -0.08625
Overall Risk 10
Payout Ratio 0.0
Phone 971 365 3939
Post Market Change -0.01999998
Post Market Change Percent -0.7751931
Post Market Price 2.56
Post Market Time 1,787,959,805
Previous Close 2.56
Price Eps Current Year 21.5
Price Hint 4
Price To Book 1.762295
Price To Sales Trailing12 Months 1.7035843
Profit Margins -0.11311
Quick Ratio 1.757
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key none
Region US
Regular Market Change 0.02
Regular Market Change Percent 0.781249
Regular Market Day High 2.68
Regular Market Day Low 2.54
Regular Market Day Range 2.54 - 2.68
Regular Market Open 2.58
Regular Market Previous Close 2.56
Regular Market Price 2.58
Regular Market Time 1,787,947,201
Regular Market Volume 550,263
Return On Assets -0.0466
Return On Equity -0.11728
Revenue Growth -0.053
Revenue Per Share 1.475
Sand P52 Week Change 0.20204377
Sector Technology
Sector Disp Technology
Sector Key technology
Share Holder Rights Risk 10
Shares Outstanding 78,936,804
Shares Percent Shares Out 0.0086
Shares Short 787,346
Shares Short Previous Month Date 1,784,073,600
Shares Short Prior Month 749,354
Short Name Expensify, Inc.
Short Percent Of Float 0.012
Short Ratio 0.7
Source Interval 15
State CA
Symbol EXFY
Target High Price 3.0
Target Low Price 2.5
Target Mean Price 2.83333
Target Median Price 3.0
Total Cash 65,760,000
Total Cash Per Share 0.721
Total Debt 5,378,000
Total Revenue 138,098,000
Tradeable 0
Trailing Annual Dividend Rate 0.0
Trailing Annual Dividend Yield 0.0
Trailing Eps -0.17
Trailing Peg Ratio None
Triggerable 1
Two Hundred Day Average 1.41029
Two Hundred Day Average Change 1.1697099
Two Hundred Day Average Change Percent 0.8294109
Type Disp Equity
Volume 550,263
Website https://www.expensify.com
Zip 94,108