Expensify Inc Class A

Expensify reported Q2 2026 revenue of $33.9 million, slightly above expectations, but missed adjusted EPS at -$0.04. Free cash flow rose to $6.4 million; the company raised its full-year free cash flow guidance to $12–14 million and repurchased about 6.8 million shares during the quarter. GAAP losses narrowed significantly, non-GAAP earnings and adjusted EBITDA turned positive, while the migration of users to the fast-growing "New Expensify" product continued (over 56% of users). » More on de.investing.com

Expensify has announced a centralized travel billing feature that allows U.S. companies to pay for flights, hotels, rental cars and train travel on a single monthly invoice. The feature automatically routes booking charges into the central billing program, offers consolidated spending overviews, flexible billing options and a dashboard for finance teams. The expansion of the Expensify platform combines travel booking, expense management and spend control and is initially available to U.S. customers. After the announcement, Expensify shares rose sharply in premarket trading. » More on de.investing.com

Expensify announced new features for its Concierge AI service, including dialog-driven analytics, visual chart responses, and the ability to create, edit, and approve expenses using natural language. Administrators can manage policies, rules, and settings via text queries. The company also introduced autonomous workflow agents in beta, which can execute routine tasks independently with a full audit trail. The features are available immediately; Expensify has a market capitalization of $173 million and revenue of $140 million over the past twelve months, and the stock rose about 20 percent last week. » More on de.investing.com