Insiders Trades
Expensify, Inc. Stock: price and insider trades · United States
No insider purchase over the last 90 days. The latest was filed 18 Mar 2026.
Expensify, Inc.: what insiders have been doing
Expensify, Inc. is a Business Services company. Its directors and officers file their transactions with SEC (Form 4). From 18 October 2025 to 18 October 2026, the disclosure feed for Expensify, Inc. logged 66 filings by 16 insiders.
Purchases and sales both appear in the filings: 2 purchases (2 insiders, €464k) and 23 sales (5 insiders, €310k). The totals do not cover 1 filing with an undisclosed amount. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. One trade stands out by size: a purchase of €415k from McLaughlin Steven J., disclosed on 18 March 2026. On the buying side, the filings list 1 senior executive among the declarants.
With 66 filings in twelve months, the company is more active than the median of 19 filings across the 5,812 companies we follow on the same exchange. The full history, which starts in 2021, counts 26 purchases against 125 sales. The 10-K for the year ended 31 December 2025 shows 142.1 m USD of revenue and -21.4 m USD of net income.
The last purchase on record was published on 18 March 2026, which is 214 days ago. Typically, a trade is published a median of 44 days after it takes place. US insiders must file a Form 4 within two business days of a trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning.
Elsewhere in the same sector, our signals recently picked up insider purchases at Coursera, Inc. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.
Insider Decl.
394
Thresholds
n/a
Buy Volume
€10M
26 ops. · all time
Sell Volume
€67M
125 ops. · all time
Who traded when
BuySaleDavid Michael Barrett25 sales
Daniel Vidal7 sales
Divo Carlos Eduardo Alvarez7 sales
Muralidharan Anuradha5 sales
Jason Fahr Mills4 sales
Schaffer Ryan4 sales
+2 other insiders
Since the insiders bought
- +201.0%Entry US$0.81 · Close 14 Oct 2026 US$2.45
- -19.7%Entry US$1.52 · Close at T+90 US$1.22
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
This score ranks the purchase within its own market. A position size is suggested only on the venues of the backtested strategy universe; elsewhere, signals stay on watch. Not investment advice.
Fundamental score
Ranked 16,662 of 24,148 companies
39.0
score / 100
Value45
Quality33
FCF yld7.4%
Earn yld-9.6%
EV/EBITDA·
ROE-12%
Gross mgn50%
Net mgn-15%
Debt/EBITDA·
Pillars2/3
Transparent value + quality ranking, distinct from the insider signal.
Financial data
as of FY 2025FY ended December 2025 · cache
US$2.45
Analyst consensus
3 analysts2.67/5
US$2.50Target US$2.83(+16%)US$3.00
Income statement
RevenueUS$142.1M
Gross profitUS$71.5M50% margin
EBITDA-US$9.6M-7% margin
Net income-US$21.4M-11.3% margin
Valuation
PER (forward)24.5x
P/Book1.7x
Beta1.74
Balance sheet & cash
Market capUS$223.4M
Total debtUS$5.7M
Free Cash FlowUS$16.5M
Debt / Equity4%
Profitability & ownership
ROE-11.7%
ROA-4.7%
% insiders25.6%
% institutions32.7%
Last declaration on 18 September 2026
Declarations394 total
9,982 shares@ US$2.350.011% mcap100.0% of flowClass A CommonSEC144:0002104456-26-000025
2,601 shares@ US$2.350.0028% mcap19.9% of flowClass A CommonSEC144:0001892682-26-000031
6,223 shares@ US$2.350.0068% mcap53.7% of flowClass A CommonSEC144:0001891862-26-000018
3,291 shares@ US$2.350.0036% mcap42.4% of flowClass A CommonSEC144:0001891061-26-000019
6,865 shares@ US$2.350.0075% mcap53.2% of flowClass A CommonSEC144:0001891197-26-000016
123,762 shares0Class A Common StockSEC:0001776003-26-000002:0
10,700 sharesClass A Common StockSEC:0002104456-26-000022:0
10,700 shares@ US$1.26100.0% of flowCOMMONSEC144:0001950047-26-006129
18,773 shares@ US$1.300.013% mcap100.0% of flowClass A CommonSEC144:0002104456-26-000020
19,123 shares@ US$1.300.013% mcap80.1% of flowClass A CommonSEC144:0001892682-26-000021
8,168 shares@ US$1.300.0055% mcap57.6% of flowClass A CommonSEC144:0001891061-26-000011
11,050 shares@ US$1.300.0075% mcap46.8% of flowClass A CommonSEC144:0001891197-26-000008
9,809 shares@ US$1.300.0066% mcap46.3% of flowClass A CommonSEC144:0001891862-26-000010
2,467 sharesClass A Common StockSEC:0002104456-26-000017:2
14,463 sharesClass A Common StockSEC:0001892682-26-000019:1
1,786 shares@ US$0.840.2% of flowClass A Common StockSEC:0001891197-26-000006:4
72,413 shares@ US$0.825.7% of flowClass A Common StockSEC:0001891862-26-000007:0
1,510 shares@ US$0.840.1% of flowClass A Common StockSEC:0001891862-26-000007:4
59,500 shares@ US$0.8244.2% of flowClass A Common StockSEC:0002104456-26-000017:0
6,230 shares@ US$0.764.3% of flowClass A Common StockSEC:0002104456-26-000017:3
2,692 shares@ US$0.760.0% of flowClass A Common StockSEC:0001892682-26-000019:2
3,822 sharesClass A Common StockSEC:0001891197-26-000006:2
25 of 394 declarations
About Expensify, Inc.
Expensify, Inc. is a U.S.-based company listed on the Nasdaq under the ticker EXFY, operating in the United States capital market. The company is focused on software for expense management and corporate spend, serving small and mid-sized businesses, finance teams, and organizations that want to automate receipt capture, expense reimbursement, company card workflows, bill payments, invoicing, and travel booking. Expensify positions itself as a spend-management “superapp,” with a product strategy built around simplicity, automation, and a chat-like user experience.
Founded in 2008 by David Barrett, Expensify began with a receipt-scanning and expense-tracking product and gradually expanded into a broader financial operations platform. Its origin story is closely tied to product-led growth: the company initially scaled through word of mouth and user adoption rather than large-scale traditional enterprise selling. Expensify’s operational headquarters are in Portland, Oregon, while the company also maintains an international footprint, with teams and activity in locations such as San Francisco, London, and Melbourne. That global setup supports a customer base spanning more than 200 countries and territories.
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From a business-line perspective, Expensify now offers a broader set of workflows than a classic expense app. Its platform includes expense management, spend management, expense reports, company credit cards, receipt scanning, bill pay, invoicing, payroll, and travel. A key part of the company’s strategic positioning is the integration of payment and expense processes into one system, reducing manual work and improving policy compliance. The company has also invested in New Expensify, the Expensify Card, and travel-related capabilities, while monetizing through subscription revenue and card interchange economics.
Competitively, Expensify operates in a crowded market that includes specialized expense-management software vendors, broader corporate spend platforms, and B2B payment tools. Its core differentiators are ease of use, a highly automated workflow, and a product experience designed to minimize administrative friction. The company has repeatedly emphasized its ability to convert individual users into larger business accounts, which supports its land-and-expand strategy in the SMB and lower mid-market segments.
Recent developments point to continued product and geographic expansion. In 2025, Expensify announced broader international support for company cards, multilingual functionality, euro-based billing, international reimbursements, and beta access to the Expensify Card in the UK and EU, with Canada next in line. It also announced an integration partnership with Uber for Business and highlighted progress in Expensify Travel. In its 2025 disclosures, the company reported approximately 650,000 paid members on average during the year, annual revenue of $142.1 million, and improving non-GAAP profitability metrics. For investors, the key analytical takeaway is that Expensify remains a Nasdaq-listed U.S. software company combining spend-management software with payments-related economics, while continuing to broaden its platform and international reach.
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