Expensify reported Q2 2026 results with net revenue of $33.9 million, a 5% decrease year-over-year, and a net loss of $3.9 million compared to an $8.8 million loss in the prior period. The company achieved non-GAAP net income of $3.4 million and adjusted EBITDA of $6.6 million. Interchange revenue from the Expensify Card grew 12% to $5.9 million, while paid members decreased 2% to 640,000. New customer revenue on the 'New Expensify' platform surged over 250% year-over-year to exceed $10 million in annualized run-rate across more than 10,000 customers. Management executed a share repurchase program, buying back approximately 6.8 million shares for roughly $9.7 million, reducing outstanding shares by about 7%. The company provided FY2026 free cash flow guidance of $12.0 million to $14.0 million. Expensify operates in the expense management and corporate travel software industry.