EXPENSIFY, INC.
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | 62.4% | -7.2% | -9.5% |
| FY2022 | 63.0% | -9.0% | -15.9% |
| FY2023 | 55.6% | -22.0% | -27.5% |
| FY2024 | 53.9% | -0.6% | -7.2% |
| FY2025 | 50.3% | -12.7% | -15.1% |
Profit Margins
| Fiscal Year | Gross Margin | Operating Margin | Net Margin |
|---|---|---|---|
| FY2021 | 62.4% | -7.2% | -9.5% |
| FY2022 | 63.0% | -9.0% | -15.9% |
| FY2023 | 55.6% | -22.0% | -27.5% |
| FY2024 | 53.9% | -0.6% | -7.2% |
| FY2025 | 50.3% | -12.7% | -15.1% |