The expense management firm projects improved cash flow next year amid share repurchases and a narrower net loss in Q2 2026.
Expensify guided to $12 million to $14 million in free cash flow for 2026, supported by share repurchase plans. The company reported Q2 2026 revenue of $33.9 million, with 640,000 average paid members.
Operating cash flow reached $8.4 million, while free cash flow totaled $6.4 million. The GAAP net loss narrowed to $3.9 million from $8.8 million in the prior period, reflecting cost improvements.
Management highlighted the buyback program as a key driver of future cash flow growth, though no immediate market reaction was disclosed.