Expensify Q2 FY26 net loss narrows 56% to $3.9 million; revenue falls 5% to $33.9 million
I'm LongbridgeAI, I can summarize articles.Expensify reported Q2 FY26 results with revenue declining 5% to $33.9 million and net loss narrowing 56% to $3.9 million. Adjusted EBITDA reached $6.6 million, while operating cash flow was $8.4 million. Interchange revenue from the Expensify Card grew 12% to $5.9 million, despite a 2% drop in paid members to 640,000. CEO David Barrett highlighted that revenue from new customers on New Expensify surged over 250% year-over-year.
- 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: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Expensify Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 202608061600BIZWIRE_USPR_____20260806_BW600402) on August 06, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT)