cust.co / Compare / Workiva vs Expensify

Workiva vs Expensify - NRR head-to-head

Side-by-side Net Revenue Retention comparison sourced from SEC filings and earnings releases. Both compete in Finance Tech. Both at Public stage.

Workiva leads by +22.5pp on latest NRR (110.5% vs 88%).

NRR over time

84%92%101%109%118% FY2023-Q3FY2024-Q1FY2024-Q3FY-2024FY2025-Q2FY2025-Q4FY2026-Q1FY2026-Q2 NRR Workiva Expensify Workiva - FY2023-Q3: 96% Workiva - FY2023-Q4: 96% Workiva - FY2024-Q1: 96% Workiva - FY2024-Q2: 109% Workiva - FY2024-Q3: 111% Workiva - FY2024-Q4: 112% Workiva - FY-2024: 112% Workiva - FY2025-Q1: 97% Workiva - FY2025-Q2: 114% Workiva - FY2025-Q3: 114% Workiva - FY2025-Q4: 113% Workiva - FY-2025: 113% Workiva - FY2026-Q1: 112% Workiva - FY2026-Q2: 111% Expensify - FY-2025: 88%

Workiva hit a higher all-time peak (113.7% in FY2025-Q2).

Stat-by-stat

Metric Workiva Expensify
Latest NRR 110.5% 88%
All-time peak NRR 113.7% 88%
All-time low NRR 96% 88%
QoQ change -1.9pp -
YoY change -3.1pp -
3-year change +14.5pp -
Disclosures tracked 14 1

Customer cohorts

MetricWorkivaExpensify
Total customers 6,750 45,700
Over $100K ARR 2,690 -
Over $1M ARR - -
Top-10 concentration 10% 0%
Average ACV - -
US revenue mix 71.3% 90.7%

Commercial structure

MetricWorkivaExpensify
Total RPO $1.5B -
Current RPO (12mo) $789M -
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 92.6% 90.8%
New customers added - -

Post-sales motion

MetricWorkivaExpensify
CS team size - -
Customers per CSM - -
Pricing model subscription hybrid
Renewal cadence annual monthly
CSM coverage model account-named hybrid
Top customer exec - Cole Eason

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