Answer
Based on the excerpt you provided, the press release does not include the actual figures for Expensify’s gross margin or net margin for the quarter ended June 30 2025. The text ends abruptly after mentioning “F1® The Movie” and does not contain any numeric or percentage data about the company’s profitability metrics.
What this means for your question
- Gross‑margin information: No gross‑margin percentage (or dollar amount) is mentioned, so we cannot say whether it has improved, declined, or remained stable compared with prior periods.
- Net‑margin information: Likewise, the press release excerpt does not disclose any net‑margin numbers, so no assessment can be made about changes in net profitability.
What to do next
To determine whether there are notable changes in gross or net margins, you will need to consult the full earnings release or the accompanying financial tables (often provided as a PDF or an attachment in the Business Wire announcement). Those documents typically contain:
| Metric | Q2 2025 | Q1 2025 | YoY Change | Comment |
|---|---|---|---|---|
| Gross margin (percentage) | ? | ? | ? | – |
| Net margin (percentage) | ? | ? | ? | – |
If you can obtain the full press release or the company's SEC filings (e.g., Form 10‑Q) for the quarter, you can extract the exact numbers and calculate the change (both absolute and percentage) relative to prior periods.
Bottom line: The provided news snippet does not provide the gross‑ or net‑margin data, so we cannot comment on any notable changes for Q2 2025. Additional documentation is required to answer the question definitively.