Expensify, Inc.

NASDAQ•EXFY

CEO: Mr. David Barrett

セクター: Technology

業種: Software - Application

上場日: 2021-11-10

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. It also offers track and submit plans for individuals. The company was founded in 2008 and is based in Portland, Oregon.

連絡先情報

401 SW 5th Avenue, Portland, OR, 97204, United States

971-365-3939

www.expensify.com

時価総額

$89.52M

PER (TTM)

-4.2

62.2

配当利回り

52週高値

$3.78

52週安値

$0.89

52週レンジ

順位61Top 91.5%

2.0

F-Score

改良版 Piotroski 分析

6年ファンダメンタル

弱い • 2 / 9 ポイント

スコアレンジ (0-9)

8-9: 価値が優れている

6-7: 基礎体質が強い

4-5: 全体的に堅調

0-3: パフォーマンスが弱い

データ期間: 2020-2025

財務ダッシュボード

Q4 2025 データ

売上高

$35.20M+0.00%

直近4四半期の推移

EPS

-$0.08+0.00%

直近4四半期の推移

フリーCF

$1.70M+0.00%

直近4四半期の推移

2025 Annual 決算ハイライト

主なハイライト

Revenue Increased Modestly Total revenue reached $142.1M USD in 2025, showing a 2% increase from $139.2M USD in 2024.

Card Interchange Revenue Soars Interchange revenue from Expensify Card transactions grew to $21.3M USD, significantly up from $9.2M USD last year.

Strong Operating Cash Flow Net cash provided by operating activities was $20.1M USD, resulting in $19.9M USD in Free Cash Flow for 2025.

R&D Spending Decreased Research and development expenses fell 16% to $20.7M USD, reflecting increased focus on sales and marketing initiatives.

リスク要因

Gross Margin Compression Noted Gross margin decreased to 50% in 2025 from 54% in 2024 due to increased interchange consideration and amortization costs.

Paid Member Base Declining Average paid members dropped to 650K in Q4 2025 compared to 687K in Q4 2024, impacting subscription revenue stability.

High Sales and Marketing Costs Sales and marketing expenses surged 109% to $26.7M USD, largely driven by the F1® The Movie title sponsorship investment.

Class Action Settlement Expense Recorded $2.8M net expense in 2025 related to the proposed $9.5M aggregate settlement of the Putative Class Action lawsuit.

見通し

Prioritize Product-Led Growth Intend to continue prioritizing investment in product development to enhance features and drive viral adoption across the platform.

Expand Transaction Monetization Plan to actively promote the Expensify Card and develop adjacent features to increase transaction volume and revenue streams.

Accelerate International Growth Seek to accelerate international expansion by investing in localized platform experiences and expanding strategic global partnerships.

Maintain Unique Company Culture Culture preservation remains critical for retaining talented personnel and supporting the successful word-of-mouth business model.

同業比較

売上高 (TTM)

DSP

$324.13M

+23.0%

NRDY

$178.99M

-5.9%

EXFY

$142.10M

+2.1%

粗利益率 (最新四半期)

AEYE

78.9%

-2.2pp

SVCO

77.9%

+3.3pp

AISP

51.2%

-23.8pp

主要指標

銘柄コード	時価総額	PER (TTM)	ROE (TTM)	負債比率
DSP	$655.94M	95.0	5.2%	5.7%
TROO	$289.73M	-23.4	-17.6%	0.0%
MRT	$172.37M	-2.1	105.9%	484.6%

長期トレンド

直近4四半期

売上高

純利益

営業キャッシュフロー

4四半期売上高CAGR

-0.8%

横ばい

4四半期純利益CAGR

N/M

収益構造の変化

キャッシュフロー安定性

100%

優れたキャッシュフローの実績

深度リサーチ

次回決算:2026年5月6日

EPS:-

売上高:-

財務データ

決算説明会

財務レポート

ニュース

損益計算書

バランスシート

キャッシュフロー計算書

財務比率

変化率

損益計算書	直近12ヶ月

データなし