Expensify, Inc. (EXFY) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 157.65M | 153.01M | 152.6M | 152.28M | 153.71M | 136.88M | 138.54M | 155.77M | 143.19M | 137.23M | 179.64M | 181.65M | 194.12M | 187.12M | 188.79M | 191.45M | 174.24M | 157.64M | 123.23M | 87.95M |
| Cash & Short-Term Investments | 86.25M | 63.08M | 61.45M | 60.52M | 59.63M | 48.77M | 39.17M | 53.23M | 49.34M | 47.51M | 89.12M | 97.8M | 111.23M | 103.79M | 106.21M | 105.54M | 101.1M | 98.4M | 68.06M | 45.43M |
| Cash Only | 86.25M | 63.08M | 61.45M | 60.52M | 59.63M | 48.77M | 39.17M | 53.23M | 49.34M | 47.51M | 89.12M | 97.8M | 111.23M | 103.79M | 106.21M | 105.54M | 101.1M | 98.4M | 68.06M | 45.43M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 12.99M | 12.62M | 12.31M | 14.82M | 12.83M | 13.13M | 12.78M | 14.47M | 16.31M | 16.83M | 18.75M | 18.25M | 15.71M | 18.92M | 16.27M | 16.27M | 16.02M | 21.15M | 14.53M | 14.69M |
| Days Sales Outstanding | 33.92 | 32.58 | 35.59 | 35.18 | 32.38 | 32.2 | 35.4 | 42.07 | 44.96 | 46.48 | 46.63 | 39.73 | 38.85 | 37.24 | 35.23 | 34.04 | 41.43 | 40.66 | 35.9 | 35.1 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5.15M | 0 | 7.41M | 8.82M | 5.7M | 5.43M | 7.06M | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | 26.81 | - | 46.32 | 41.48 | 30.92 | 35.8 | 44.96 | - | - | - |
| Other Current Assets | 53.62M | 77.31M | 74.66M | 74.42M | 69.76M | 62.88M | 77.59M | 79.29M | 73.16M | 67.25M | 61.47M | 60.56M | 59.77M | 46.76M | 60.61M | 64.21M | 50.06M | 30.66M | 36.83M | 25.36M |
| Total Non-Current Assets | 32.95M | 32.98M | 34.24M | 34.86M | 35.52M | 36.8M | 37.71M | 37.1M | 41.58M | 39.55M | 32.67M | 30.74M | 23.15M | 23.13M | 22.9M | 23.92M | 24.57M | 25.57M | 26.66M | 30.61M |
| Property, Plant & Equipment | 17.42M | 17.75M | 18.11M | 18.46M | 18.75M | 19.06M | 19.37M | 19.69M | 20.09M | 20.81M | 21.2M | 20.96M | 14.53M | 15.24M | 15.98M | 16.65M | 17.42M | 18.13M | 18.92M | 19.14M |
| Fixed Asset Turnover | 1.93x | 1.96x | 1.92x | 1.92x | 1.91x | 1.93x | 1.81x | 1.67x | 1.64x | 1.68x | 1.73x | 2.19x | 2.69x | 2.78x | 2.60x | 2.53x | 2.27x | 2.18x | 1.97x | 1.88x |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 13.27M | 13.6M | 14.62M | 14.87M | 15.23M | 16.23M | 16.86M | 16.01M | 15.11M | 12.49M | 10.25M | 8.62M | 7.58M | 6.88M | 6.14M | 6.01M | 6.16M | 6.36M | 6.61M | 4.31M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 46K | 0 | 0 | 1.81M |
| Other Non-Current Assets | 1.78M | 1.15M | 1.5M | 1.03M | 1.04M | 1.01M | 988K | 924K | 5.92M | 5.79M | 789K | 749K | 658K | 664K | 580K | 580K | 582K | 710K | 712K | 4.93M |
| Total Assets | 190.6M | 185.99M | 186.84M | 187.14M | 189.24M | 173.68M | 176.25M | 192.87M | 184.77M | 176.78M | 212.31M | 212.39M | 217.27M | 210.24M | 211.69M | 215.37M | 198.81M | 183.21M | 149.89M | 118.56M |
| Asset Turnover | 0.18x | 0.19x | 0.19x | 0.19x | 0.20x | 0.21x | 0.19x | 0.18x | 0.19x | 0.18x | 0.17x | 0.18x | 0.19x | 0.21x | 0.20x | 0.21x | 0.21x | 0.24x | 0.28x | 0.33x |
| Asset Growth % | 0.72% | 7.09% | 6.01% | -2.97% | 2.42% | -1.76% | -16.99% | -9.19% | -14.96% | -15.91% | 0.29% | -1.39% | 9.28% | 14.75% | 41.24% | 81.66% | 101.77% | 108.83% | - | - |
| Total Current Liabilities | 45.34M | 46.41M | 44.39M | 48.42M | 47.26M | 38.01M | 48.34M | 70.81M | 70.32M | 67.89M | 73.77M | 61.68M | 61.91M | 60.36M | 63.16M | 69.78M | 61.07M | 53.58M | 67.29M | 52.54M |
| Accounts Payable | 938K | 289K | 710K | 1.56M | 526K | 196K | 1.03M | 1.02M | 1.37M | 1.43M | 1.29M | 1.69M | 2M | 1.06M | 2.18M | 2.17M | 1.44M | 3.75M | 2M | 993K |
| Days Payables Outstanding | 3.1 | 2.57 | 5.9 | 5.51 | 1.82 | 3.12 | 5.52 | 7.59 | 8.73 | 7.57 | 7.76 | 9.93 | 8.73 | 9.24 | 12.08 | 10.33 | 16.52 | 13.27 | 7.56 | 20.4 |
| Short-Term Debt | 648K | 678K | 0 | 0 | 0 | 0 | 0 | 22.59M | 22.62M | 22.66M | 23.1M | 15.56M | 15.55M | 15.55M | 15.55M | 15.55M | 15.55M | 15.55M | 15.55M | 19.01M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 12.65M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 42.88M | 45.44M | 38.47M | 38.81M | 37.59M | 28.39M | 40.52M | 40.05M | 37.57M | 35.41M | 26.8M | 34.41M | 43.72M | 42.76M | 44.04M | 50.35M | 42.29M | 24.58M | 44.42M | 32.53M |
| Current Ratio | 3.48x | 3.30x | 3.44x | 3.14x | 3.25x | 3.60x | 2.87x | 2.20x | 2.04x | 2.02x | 2.44x | 2.95x | 3.14x | 3.10x | 2.99x | 2.74x | 2.85x | 2.94x | 1.83x | 1.67x |
| Quick Ratio | 3.48x | 3.30x | 3.44x | 3.14x | 3.25x | 3.60x | 2.87x | 2.20x | 2.04x | 2.02x | 2.37x | 2.95x | 3.02x | 2.95x | 2.90x | 2.67x | 2.74x | 2.94x | 1.83x | 1.67x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | 65.69 | - | 76.43 | 69.48 | 54.08 | 59.5 | 69.87 | - | - | - |
| Total Non-Current Liabilities | 6.73M | 6.84M | 6.78M | 6.9M | 7.32M | 7.43M | 7.97M | 8.07M | 7.94M | 8.15M | 43.49M | 50.85M | 52.66M | 52.64M | 52.72M | 52.9M | 53.28M | 53.02M | 99.71M | 32.95M |
| Long-Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 35.58M | 43.18M | 51.3M | 51.43M | 51.57M | 51.71M | 51.85M | 52.07M | 52.09M | 29.1M |
| Capital Lease Obligations | 4.91M | 5.06M | 5.21M | 5.38M | 5.56M | 5.74M | 5.93M | 6.12M | 6.16M | 6.47M | 6.51M | 6.23M | 95K | 0 | 0 | 68K | 405K | 802K | 1.19M | 1.58M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 916K | 916K |
| Other Non-Current Liabilities | 1.82M | 1.78M | 1.57M | 1.52M | 1.77M | 1.69M | 2.04M | 1.95M | 1.79M | 1.68M | 1.41M | 1.44M | 1.27M | 1.2M | 1.15M | 1.12M | 1.03M | 153K | 45.51M | 1.35M |
| Total Liabilities | 52.07M | 53.24M | 51.17M | 55.32M | 54.59M | 45.44M | 56.31M | 78.87M | 78.26M | 76.04M | 117.26M | 112.52M | 114.57M | 113M | 115.88M | 122.68M | 114.35M | 106.6M | 167M | 85.48M |
| Total Debt | 5.56M | 5.74M | 5.93M | 6.12M | 6.3M | 6.47M | 6.56M | 29.17M | 29.21M | 29.55M | 65.57M | 65.24M | 67.39M | 67.78M | 68.31M | 68.83M | 69.36M | 69.97M | 70.37M | 49.69M |
| Net Debt | -80.69M | -57.34M | -55.52M | -54.4M | -53.33M | -42.3M | -32.61M | -24.06M | -20.13M | -17.96M | -23.55M | -32.55M | -43.85M | -36M | -37.9M | -36.7M | -31.74M | -28.43M | 2.31M | 4.26M |
| Debt / Equity | 0.04x | 0.04x | 0.04x | 0.05x | 0.05x | 0.05x | 0.05x | 0.26x | 0.27x | 0.29x | 0.69x | 0.65x | 0.66x | 0.70x | 0.71x | 0.74x | 0.82x | 0.91x | - | 1.50x |
| Debt / EBITDA | 13.20x | - | - | - | 12.69x | 2.66x | 3.14x | 15.78x | - | - | - | - | - | 110.04x | - | - | - | - | - | 5.76x |
| Net Debt / EBITDA | -191.66x | - | - | - | -107.52x | -17.42x | -15.63x | -13.01x | - | - | - | - | - | -58.44x | - | - | - | - | - | 0.49x |
| Interest Coverage | - | - | - | - | - | 0.86x | - | 0.84x | -1.88x | -35.42x | -6.27x | -6.99x | -1.91x | -3.78x | -2.41x | -2.03x | -5.37x | -22.21x | -8.40x | 9.75x |
| Total Equity | 138.53M | 132.75M | 135.66M | 131.81M | 134.65M | 128.24M | 119.93M | 114M | 106.51M | 100.74M | 95.06M | 99.86M | 102.7M | 97.24M | 95.81M | 92.69M | 84.47M | 76.61M | -17.12M | 33.07M |
| Equity Growth % | 2.88% | 3.51% | 13.11% | 15.63% | 26.42% | 27.3% | 26.17% | 14.16% | 3.71% | 3.6% | -0.79% | 7.74% | 21.58% | 26.92% | 659.8% | 180.27% | 268.1% | 444.57% | - | - |
| Book Value per Share | 1.48 | 1.43 | 1.47 | 1.43 | 1.47 | 1.43 | 1.36 | 1.32 | 1.25 | 1.20 | 1.15 | 1.22 | 1.26 | 1.19 | 1.18 | 1.15 | 1.05 | 2.86 | -0.56 | 0.96 |
| Total Shareholders' Equity | 138.53M | 132.75M | 135.66M | 131.81M | 134.65M | 128.24M | 119.93M | 114M | 106.51M | 100.74M | 95.06M | 99.86M | 102.7M | 97.24M | 95.81M | 92.69M | 84.47M | 76.61M | -17.12M | 33.07M |
| Common Stock | 10K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 9K | 8K | 7K | 7K | 7K | 7K | 7K | 6K | 6K | 6K | 0 | 0 |
| Retained Earnings | -174.55M | -172.22M | -165.1M | -162.78M | -154M | -150.83M | -149.52M | -147.32M | -144.55M | -140.77M | -133.57M | -116.57M | -103.52M | -97.57M | -89.52M | -81.28M | -73.28M | -65.91M | -44.02M | -37.67M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |