NASDAQ$UPXI

Upexi Inc · Q2 2025 earnings

Q2 2025 earnings · · After market close

Briefing

Upexi reported significantly higher revenue but a substantial net loss driven by unrealized digital asset losses and impairment charges in fiscal Q2 2026.

Upexi delivered strong top-line growth in fiscal Q2 2026 with total revenue doubling year over year, primarily from digital asset revenue, but reported a significant net loss due to large unrealized losses on digital assets and impairment charges.

  • Total revenue increased to 8052040 dollars, driven by 5143513 dollars in digital asset revenue.
  • Gross profit rose 126% year over year to 6711159 dollars.
  • Net loss totaled 178924930 dollars, largely due to 164495019 dollars of unrealized digital asset losses.
  • Operating loss was 175364827 dollars reflecting digital asset volatility and impairment charges.

Headline financials

Total Revenue

$8.05M

Previous: $21.8M-63.1%
EPS (adj)

-$0.21

Previous: -$0.12-75.0%
Capital Expenditures

-$167K

Previous: -$480K+65.2%
Net Income

-$179M

Previous: -$2.44M-7239.2%
Operating Income

-$175M

Previous: -$1.79M-9712.7%
Gross Profit

$6.71M

Previous: $8.27M-18.9%

Revenue & EPS history

Upexi Inc · Revenue · Quarterly

$8.05M

Q2 2025-63.1%vs Q2 2024
Beat estimate in 0 of 2 quarters(0%)
ActualEstimate

Forward guidance

The company highlighted a strategic shift toward a high-return treasury strategy and ongoing capital raises to support Solana accumulation.

Tailwinds

  • Announced strategic shift to high-return treasury strategy.
  • Priced 36000000 dollar private placement convertible note.
  • Priced 7400000 dollar registered direct offering.
  • Current cash on hand approximately 9700000 dollars as of February 9, 2026.
  • Implemented 50000000 dollar share repurchase program.

Headwinds

  • Significant unrealized digital asset volatility impacting earnings.
  • Impairment charges of 1422289 dollars related to manufacturing shutdown.
  • High operating losses driven by fair value adjustments.
  • Interest expense of 3604709 dollars for the quarter.
  • Low quarter-end cash balance of 1616765 dollars.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 14 quarterly earnings reports · overlaid with Q2 2025

Historical avgQ2 2025

+1.4%

Avg return

Earnings day

-5.7%

Avg return

5 days after

-21.8%

Avg return

30 days after

53%

8 / 15 earnings

Positive

+11.4%

Q2 2023

Best reaction

-9.1%

Q1 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q3 2026+2.2%-3.0%-32.6%
Q2 2026-7.1%-26.8%-11.4%
Q1 2026+5.3%-19.2%-29.6%
Q1 2025+5.3%-19.2%-29.6%
Q3 2025+6.4%+33.3%+4.5%
Q2 2025+0.0%-16.4%-33.8%
Q3 2024+0.0%+14.1%-46.9%
Q2 2024+7.0%-37.2%-59.1%
Q1 2024-9.1%-14.5%-8.2%
Q3 2023+5.1%-5.9%-34.0%
Q2 2023+11.4%+15.7%+7.6%
Q1 2023-7.6%-22.6%-28.2%
Q3 2022+8.0%+25.9%-5.7%
Q2 2022+0.0%-2.1%+0.8%
Q1 2022-5.9%-7.9%-21.5%

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