| Metric | Value ($ M) | Q2 FY26 | Q3 FY25 |
|---|---|---|---|
| Revenue | 3.51 | 56.4% | 11.1% |
| Total Income | 3.51 | 56.4% | 11.1% |
| Expenditure | 110.29 | 39.9% | 1533.9% |
| PBT | -109.34 | 38.9% | 2754.8% |
| Net Profit | -109.34 | 38.9% | 2754.8% |
| OPM | — | ||
| NPM | — | ||
| EPS | -1.67 | 43.2% | 41.8% |
Upexi Reports Q3 2026 Financial Results; Digital Asset Revenue Totaled $3.5 Million
14 May 2026 · 14 May, 2:12 am
Summary
Upexi, Inc. announced its financial results for the fiscal third quarter ended March 31, 2026. Total revenue for the quarter was approximately $4.6 million, compared to $3.2 million for the same quarter in 2025. Gross profit totaled $4.4 million, up 179% year-over-year. The net loss totaled $109.3 million, or $1.67 per share, which was largely driven by $92.3 million of unrealized losses on digital assets. Cash and cash equivalents increased to $3.5 million as of March 31, 2026.
Key Highlights
- 1
Upexi's total revenue for the third quarter was approximately $4.6 million, compared to $3.2 million for the same quarter in 2025.
- 2
Gross profit totaled $4.4 million, up 179% year-over-year, driven by the addition of the digital asset treasury business.
- 3
The company's net loss totaled $109.3 million, or $1.67 per share, compared to a net loss of $3.8 million, or $2.87 per share, for the quarter ended March 31, 2025.
- 4
Cash and cash equivalents increased to $3.5 million as of March 31, 2026.
- 5
Short term debt was reduced by approximately $7.6 million, including approximately $5.4 million in short term treasury debt.
- 6
Digital asset revenue totaled $3.5 million for the quarter.
- 7
Solana Tokens Held Increased During the Quarter by ~189,000 or 9% (35% Annualized).
Management Comments
Allan Marshall
This quarter’s results reflect diligently executing against our digital asset treasury strategy of accumulating SOL on an accretive per-share basis and maintaining a flexible capital structure that positions us to pursue opportunities as they emerge. During the quarter, we grew the number of SOL held in our treasury by 9%, increased the number of tokens generated from staking, and repurchased approximately 2.5 million Upexi shares in the open market, all of which increased our Solana per share. Solana's best-in-class performance, costs, and institutional adoption gives us conviction that we are building long-term shareholder value around the network that we believe will revolutionize global finance.
Informational and educational content only. Not investment advice.