Company / Gross Margin
Expensify, Inc. Gross Margin History
FY2021-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Gross Margin
53.9%
FY2025
5-year range
53.9% / 63.2%
FY2021-FY2025
Trend
-14.5%
vs FY2024
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Gross Margin has fluctuated over the past 5 years, ranging from 53.9% in FY2025 to 63.2% in FY2022.
Based on SEC 10-K filings.
53.9% in FY2025 with a 3-year CAGR of -9.3%.
Declined from 62.4% to 53.9% over the past 2 years.
Gross Margin over time
Growth rates
- 3-Year Change
- -9.3pp
- 5-Year Change
- -
- 10-Year Change
- -
Key checks
Key Insights
- In FY2025, gross margin decreased 14.5% year-over-year.
- Peak gross margin was recorded in FY2022.
Company context
Key Data Points
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Gross MarginValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | 53.9% | -14.5% |
| FY2024 | 63.0% | +1.0% |
| FY2023 | 62.4% | -1.3% |
| FY2022 | 63.2% | +4.9% |
| FY2021 | 60.3% | - |
As of FY2025 · SEC 10-K Annual Filings · Updated Jun 24, 2026