Expensify Q2 FY26 net loss narrows 56% to $3.9 million; revenue falls 5% to $33.9 million
Reuters2026/08/06 20:02- Expensify posted Q2 revenue, net of USD 33.9 million, down 5% from a year earlier.
- Net loss narrowed to USD 3.9 million; adjusted EBITDA was USD 6.6 million.
- Cash from operating activities was USD 8.4 million; free cash flow totaled USD 6.4 million.
- Interchange revenue from the Expensify Card rose 12% to USD 5.9 million; paid members fell 2% to 640,000.
- CEO David Barrett said revenue from net new customers on New Expensify grew over 250% year-over-year to more than USD 10 million ARR across over 10,000 customers.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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