Quarterly ResultSep 17, 2026, 05:11 PM
Upexi FY26 Revenue $25M; Net Loss $246.1M Driven by Digital Asset Losses
AI Summary
Upexi, Inc. reported its financial results for the fiscal year ended June 30, 2026. Total revenue grew to $25.0 million, driven by $17.4 million in digital asset revenue. However, the company posted a significant net loss of $246.1 million, largely due to $195.1 million in unrealized losses on digital assets. The company also highlighted an increased cash position and a substantial Solana treasury holding. Operational highlights include debt retirement and share repurchases.
Key Highlights
- Total revenue increased to $25.0 million for FY26 from $15.8 million in FY25.
- Digital asset revenue, primarily staking income, reached $17.4 million in FY26.
- Net loss widened to $246.1 million ($3.87/share) in FY26 from $13.7 million ($1.73/share) in FY25.
- Unrealized losses on digital assets amounted to $195.1 million for FY26.
- Cash position increased to $5.8 million as of June 30, 2026, up 94% from the prior year.
- Solana treasury held approximately 2.34 million SOL as of June 30, 2026.
- Repurchased approximately 2.9 million shares of common stock and retired $19.5 million in convertible notes.
Price Impact
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