Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
SUI Group Holdings Ltd. reported the first quarter ended March 31, 2026 results: revenue $1.4 million, net income $71.0 million, EPS $(0.88) per diluted share.
- Period
- the first quarter ended March 31, 2026
- Revenue
- $1.4 million
- Net income
- $71.0 million
- EPS
- $(0.88) per diluted share
- Result
- reported results
Exact text from the filing
Total Adjusted Revenue : Total adjusted revenue including investment and other income for the first quarter of 2026 increased to $1.4 million compared to approximately $778 thousand in the first quarter of 2025. This increase was primarily driven by the generation of staking revenue and digital lending interest income from its SUI digital asset treasury strategy which had not yet commenced in the first quarter of 2025. • Loss on Digital Assets : The Company’s first quarter 2026 results include approximately $53.5 million of non-cash losses on digital assets and receivables, comprised of $18.6 million in unrealized losses and $34.9 million in realized losses. The unrealized loss reflects mark-to-market adjustments driven primarily by a decline in the price of SUI during the period. The realized loss relates to the transfer of SUI tokens to Galaxy Digital, in its capacity as SUI Group’s asset manager, resulting in derecognition of the assets and recognition of the difference between carr
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