Quarterly ResultMay 8, 2026, 04:13 PM
SUI Group Q1 2026 Net Loss $(70.9M); EPS $(0.88)
AI Summary
SUI Group Holdings Ltd. reported a net loss of $(70.9) million for Q1 2026, a significant decline from a net income of $0.45 million in Q1 2025, with basic EPS falling to $(0.88) from $0.07. Total revenues decreased to $0.59 million from $0.78 million year-over-year. The substantial loss was primarily driven by $34.85 million in realized losses and $18.60 million in unrealized losses on digital assets, alongside increased operating expenses. The company continues its strategic shift towards digital asset treasury management.
Key Highlights
- Net loss for Q1 2026 was $(70,946,833), compared to net income of $451,746 in Q1 2025.
- Basic earnings per share for Q1 2026 was $(0.88), down from $0.07 in Q1 2025.
- Total revenues for Q1 2026 decreased to $593,897 from $778,027 in Q1 2025.
- Realized loss on digital assets was $34,854,553 for Q1 2026.
- Unrealized loss on digital assets and receivable was $18,604,938 for Q1 2026.
- Cash and cash equivalents decreased to $5,006,502 as of March 31, 2026, from $21,936,274 at year-end 2025.
- Total assets declined to $118,746,058 as of March 31, 2026, from $190,364,976 at year-end 2025.
- SUI staking revenue was $523,448 and digital lending interest income was $70,449 in Q1 2026.
Price Impact
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