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 +24.4pp on latest NRR (112.4% vs 88%).

NRR over time

84%92%101%109%118% FY2023-Q3FY2024-Q1FY2024-Q3FY-2024FY2025-Q2FY2025-Q4FY2026-Q1 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: 110% Workiva - FY2025-Q2: 114% Workiva - FY2025-Q3: 114% Workiva - FY2025-Q4: 113% Workiva - FY-2025: 113% Workiva - FY2026-Q1: 112% Expensify - FY-2025: 88%

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

Stat-by-stat

Metric Workiva Expensify
Latest NRR 112.4% 88%
All-time peak NRR 113.7% 88%
All-time low NRR 96% 88%
QoQ change -0.4pp -
YoY change -1.3pp -
3-year change +16.4pp -
Disclosures tracked 13 1

Customer cohorts

MetricWorkivaExpensify
Total customers 6,665 41,500
Over $100K ARR 2,575 -
Over $1M ARR - -
Top-10 concentration 10% 0%
Average ACV - -
US revenue mix 71.3% 91%

Commercial structure

MetricWorkivaExpensify
Total RPO $1.4B -
Current RPO (12mo) $765M -
Multi-year contracts - -
Avg contract length - -
Subscription rev mix 91.1% 91%
New customers added 311 -

Post-sales motion

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

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