| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 9.24 | 111.9% |
| Total Income | 9.24 | 111.9% |
| Expenditure | -59.92 | 1153.1% |
| PBT | 66.75 | 4195.1% |
| Net Profit | 66.75 | 4195.1% |
| OPM | 100.00% | 130.65pp |
| NPM | 100.00% | 137.31pp |
| EPS | 1.21 | 178.1% |
Upexi Reports Record Q1 FY26 Digital Asset Revenue of $6.1 Million
04 May 2026 · 4 May, 7:28 am
Summary
Upexi, Inc. announced record digital asset revenue for the fiscal first quarter ended September 30, 2025. Total revenue for the quarter was $9.2 million, compared to $4.4 million for the quarter ended September 30, 2024. Net Income totaled $66.7 million, or $1.21 per share, compared to a net loss of $1.6 million for the same quarter last year. The increase in net income was largely the result of approximately $78.00 million in unrealized gain on their Solana treasury.
Key Highlights
- 1
Upexi reported total revenue of $9.2 million for the quarter, compared to $4.4 million for the quarter ended September 30, 2024.
- 2
Digital Asset Revenue totaled $6.1 million for the first quarter of fiscal year 2026.
- 3
Gross profit totaled $8.3 million, up 183% year-over-year.
- 4
Net Income totaled $66.7 million, or $1.21 per share, compared to a net loss of $1.6 million, or ($1.55) per share, for the quarter ended September 30, 2024.
- 5
The increase in net income was largely the result of approximately $78.00 million in unrealized gain on the Solana treasury.
- 6
Cash and Cash Equivalents were $2.2 million as of September 30, 2025.
Management Comments
Allan Marshall
Early in 2025, we enhanced our cash management and treasury strategy to include holding the cryptocurrency Solana directly on our balance sheet. Today, substantially all our Solana is generating a meaningful yield, effectively turning our treasury into a productive, revenue-generating asset. We are pleased to report that this strategy delivered first quarter 2026 Digital Asset Revenue of $6.1 million and drove gross profit to $8.3 million, up 183% versus the year-ago quarter and a strong validation of our model. We are extremely proud of our progress as we continue to build the leading Solana treasury company, and we remain laser-focused on creating value for shareholders.
Informational and educational content only. Not investment advice.