Quarterly ResultMay 7, 2026, 04:34 PM
SUI Group Q1 Net Loss $71.0M; Adjusted Revenue $1.4M
AI Summary
SUI Group Holdings Limited reported a net loss of $71.0 million, or $(0.88) per diluted share, for the first quarter ended March 31, 2026, compared to net income of $452 thousand in Q1 2025. Total adjusted revenue increased to $1.4 million from $778 thousand year-over-year, driven by staking revenue and digital lending interest from its SUI digital asset treasury strategy. The company recorded $53.5 million in non-cash losses on digital assets, primarily due to a decline in SUI price and strategic transfers, which did not impact liquidity. Operationally, SUI Group deployed $10 million of eSui Dollar and scaled its SUI treasury to over 108 million SUI, with most assets staked for yield.
Key Highlights
- Net loss for Q1 2026 was $71.0 million or $(0.88) per diluted share.
- Total Adjusted Revenue for Q1 2026 increased to $1.4 million from $778 thousand in Q1 2025.
- Q1 2026 results include $53.5 million in non-cash losses on digital assets ($18.6M unrealized, $34.9M realized).
- Total SUI Holdings reached 108,728,129 SUI as of May 4, 2026, including 2,961,550 SUI loan receivables.
- Deployed $10 million of newly minted eSui Dollar (suiUSDe).
- Substantially all SUI is staked, earning an approximate 1.8% yield, with an estimated daily yield of 5,200 SUI.
- Net income for Q1 2025 was $452 thousand or $0.07 per diluted share.