---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-273318"
form_type: "8-K"
ticker: "EXOD"
cik: "0001821534"
company_name: "Exodus Movement, Inc."
filed_at: "2025-11-10T23:59:59+00:00"
generated_at: "2026-05-16T22:34:51.795124+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Exodus Q3 revenue $30.3M (+51% YoY), net income $17.0M; acquires stablecoin platform Grateful

## Summary
- Revenue $30.3M, up 51% from $20.1M in Q3 2024; net income $17.0M vs $0.8M (2,025% increase).
- Exchange provider processed volume $1.75B, up 82% YoY and 27% QoQ.
- Quarterly funded users grew 20% YoY to 1.8M; monthly active users down 6% to 1.5M.
- Digital and liquid assets total $314.7M including 2,123 BTC ($242.4M) and $50.8M cash equivalents.
- Announces acquisition of Grateful, a stablecoin payments orchestrator for merchants (deal value not disclosed).

## SEC filing metadata
- accession: 0001193125-25-273318
- form_type: 8-K
- ticker: EXOD
- cik: 0001821534
- company_name: Exodus Movement, Inc.
- filed_at: 2025-11-10T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1821534/000119312525273318/0001193125-25-273318-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1821534/000119312525273318/exod-20251110.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-273318
- JSON: https://secwatch.observer/filing/0001193125-25-273318.json
- Plain text: https://secwatch.observer/filing/0001193125-25-273318.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.