Expensify, Inc. (EXFY) quarterly cash flow statement — complete operating, investing & financing 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 |
|---|
| Cash from Operations | 118K | 2.2M | 4.17M | 8.92M | 4.8M | 7.4M | 3.69M | 9.32M | 3.47M | -543K | -5.11M | -587K | 7.64M | 7.18M | -929K | 15.94M | 11.22M | -29.09M | 10.37M | 14.3M |
| Operating CF Margin % | 0.35% | 6.26% | 11.88% | 24.93% | 13.32% | 20% | 10.41% | 27.99% | 10.35% | -1.54% | -13.99% | -1.51% | 19.06% | 16.51% | -2.19% | 36.92% | 27.8% | -72.08% | 27.68% | 40.52% |
| Operating CF Growth % | -97.54% | -70.25% | 12.99% | -4.3% | 38.43% | 1463.17% | 172.21% | 1687.22% | -54.58% | -107.56% | -449.62% | -103.68% | -31.91% | 124.67% | -108.96% | 11.4% | 13.26% | -342.92% | - | - |
| Net Income | -2.34M | -7.12M | -2.31M | -8.79M | -3.17M | -1.31M | -2.2M | -2.76M | -3.78M | -7.2M | -17M | -11.3M | -5.95M | -3.4M | -8.24M | -7.99M | -7.38M | -21.89M | -6.34M | 6.63M |
| Depreciation & Amortization | 2.26M | 2.28M | 2.14M | 2.06M | 1.98M | 1.96M | 1.65M | 1.63M | 1.42M | 1.29M | 1.08M | 1.4M | 1.41M | 1.45M | 1.34M | 1.57M | 1.17M | 1.47M | 1.44M | 1.12M |
| Stock-Based Compensation | 5.98M | 5M | 6.66M | 6.93M | 7.99M | 10M | 7.63M | 8.38M | 7.52M | 10.6M | 10.27M | 0 | 10M | 0 | 13.37M | 13.76M | 14.67M | 12.08M | 897K | 888K |
| Deferred Taxes | 8K | 3K | 6K | 2K | -6K | -10K | -2K | -21K | -9K | -27K | -21K | -35K | -30K | -144K | 489K | -319K | 0 | -868K | 0 | 0 |
| Other Non-Cash Items | 733K | 357K | 284K | 365K | 305K | 237K | -3.83M | 354K | 484K | 594K | 415K | 10.61M | 338K | 11.25M | 421K | 428K | 426K | 234K | 344K | 269K |
| Working Capital Changes | -6.52M | 1.68M | -2.61M | 8.35M | -2.3M | -3.48M | 433K | 1.74M | -2.17M | -5.8M | 154K | -1.26M | 1.86M | -1.98M | -8.3M | 8.49M | 2.34M | -20.12M | 14.03M | 5.39M |
| Change in Receivables | -28K | -405K | -162K | 159K | 53K | -141K | 670K | 36K | 139K | 548K | 313K | 651K | 707K | -325K | -110K | -424K | -468K | -1.33M | -285K | -2.2M |
| Change in Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Change in Payables | 547K | -360K | -885K | 1.01M | 330K | -742K | 76K | -165K | -260K | -1K | -403K | -312K | 944K | -1.12M | 8K | 733K | -2.32M | 1.75M | 1M | -1.57M |
| Cash from Investing | -1.41M | -798K | -1.08M | -1.17M | -498K | -929K | -1.83M | -2.04M | -2.83M | -2.46M | -2.31M | -1.47M | -898K | -1.36M | -638K | -62K | -673K | -615K | -3.71M | -2.34M |
| Capital Expenditures | -1.41M | -498K | -1.08M | -17K | -498K | -929K | 4.87M | -2.04M | -2.83M | -281K | -2.31M | -1.62M | -898K | -831K | -200K | -62K | -179K | -104K | -662K | -1.66M |
| CapEx % of Revenue | 4.16% | 1.41% | 3.09% | 0.05% | 1.38% | 2.51% | 13.75% | 6.12% | 8.44% | 0.8% | 6.33% | 4.18% | 2.24% | 1.91% | 0.47% | 0.14% | 0.44% | 0.26% | 1.77% | 4.69% |
| Acquisitions | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 142K | 153K | 181K | -526K | 0 | 173K | 0 | 0 | 0 | 0 |
| Investments | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Investing | 0 | -300K | 0 | -1.16M | 0 | 0 | -6.7M | 0 | 0 | -2.18M | -142K | 0 | -181K | 0 | -438K | -173K | -494K | -511K | -3.04M | -684K |
| Cash from Financing | 6.27M | -1.16M | -1.13M | -1.66M | 1.21M | -893K | -23M | 971K | 845K | -34.95M | 669K | -11.18M | 141K | -6.18M | -3.1M | 778K | 218K | 63M | 21.55M | -2.9M |
| Debt Issued (Net) | -37K | -36K | -36K | -34K | -34K | -33K | -22.63M | -70K | -68K | -36.17M | -228K | -8.35M | -351K | -350K | -347K | -348K | -343K | -229K | 20.88M | -808K |
| Equity Issued (Net) | 1.87M | -1.06M | -1.29M | -1.54M | 1.15M | 1.16M | -614K | 1.09M | 914K | 1.11M | 1.06M | -1.97M | 1.1M | -4.67M | 1.25M | 1.17M | 18K | 57.79M | 234K | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | -3.04M | -3.03M | -3.03M | 0 | -35K | -1.51M | 0 | 0 | -17K | 0 | -3.01M | 0 | -6.03M | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 4.44M | -65K | 198K | -88K | 91K | -2.02M | 247K | -49K | -1K | 116K | -159K | -858K | -607K | -1.16M | -4M | -44K | 543K | 5.44M | 438K | -2.1M |
| Net Change in Cash | 4.97M | 243K | 1.95M | 6.08M | 5.51M | 5.58M | -21.14M | 8.25M | 1.49M | -37.95M | -6.75M | -11.46M | 6.88M | 11.37M | -4.67M | 16.65M | 10.77M | 33.29M | 28.21M | 9.06M |
| Free Cash Flow | 1 | 1.7M | 3.08M | 8.9M | 4.31M | 6.47M | 1.85M | 7.28M | 642K | -3M | -7.42M | -1.04M | 6.74M | 7.06M | -1.57M | 15.87M | 10.55M | -29.71M | 6.66M | 11.96M |
| FCF Margin % | 0% | 4.84% | 8.79% | 24.88% | 11.94% | 17.49% | 5.24% | 21.87% | 1.91% | -8.53% | -20.32% | -2.67% | 16.82% | 16.24% | -3.69% | 36.78% | 26.13% | -73.6% | 17.79% | 33.89% |
| FCF Growth % | -100% | -73.68% | 66.09% | 22.26% | 570.87% | 315.48% | 125.01% | 801.25% | -90.48% | -142.55% | -373.32% | -106.54% | -36.08% | 123.76% | -123.52% | 32.67% | 17.8% | -380.59% | - | - |
| FCF per Share | 0.00 | 0.02 | 0.03 | 0.10 | 0.05 | 0.07 | 0.02 | 0.08 | 0.01 | -0.04 | -0.09 | -0.01 | 0.08 | 0.09 | -0.02 | 0.20 | 0.13 | -1.11 | 0.22 | 0.35 |
| FCF Conversion (FCF/Net Income) | -0.05x | -0.31x | -1.80x | -1.01x | -1.52x | -5.64x | -1.68x | -3.37x | -0.92x | 0.08x | 0.30x | 0.05x | -1.29x | -2.11x | 0.11x | -1.99x | -1.52x | 1.33x | -1.63x | 7.43x |
| Interest Paid | 0 | 0 | 0 | 0 | 0 | 36K | 423K | 449K | 454K | 1.54M | 1.48M | 0 | 1.41M | 0 | 971K | 1.48M | 267K | 900K | 737K | 722K |
| Taxes Paid | 0 | 0 | 462K | 3.83M | 585K | -3.73M | 1.3M | 1.27M | 1.16M | 681K | 853K | 0 | 351K | 0 | 273K | 322K | 284K | 12K | 1.79M | 4.86M |