---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-23-001048"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2023-02-15T23:59:59+00:00"
generated_at: "2026-06-19T11:48:09.196230+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Upexi posts record Q2 revenue of $27.1M, up 444% YoY; positive adjusted EBITDA

## Summary
- Revenue $27.1M ($4.9M YoY) driven by acquisitions and year-end sales across brands.
- Adjusted EBITDA $119,054 (vs. -$1.3M YoY); net income from continued ops $2.7M (includes $7.6M gain on asset sale).
- Gross profit $10.3M (38% margin); cash $4.5M; shareholder equity $36.9M.
- Tytan Tiles launched in Walmart; eliminated $15M senior secured debt; closed E-Core acquisition; sold CBD assets for $23.5M.
- Calendar 2023 revenue goal $100M; expects EBITDA margins trending to 8%-12% by year-end.

## SEC filing metadata
- accession: 0001477932-23-001048
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2023-02-15T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775194/000147793223001048/0001477932-23-001048-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793223001048/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-23-001048
- JSON: https://secwatch.observer/filing/0001477932-23-001048.json
- Plain text: https://secwatch.observer/filing/0001477932-23-001048.txt

## Key facts
- Earnings Releases
  UPEXI, INC. reported the fiscal 2023 second quarter ending December 31, 2022 results: revenue $27.1 million. Guidance raised.
  - Period: the fiscal 2023 second quarter ending December 31, 2022
  - Revenue: $27.1 million
  - Guidance: raised
  - Result: reported results
  source text: Upexi Reports Record Revenue of $27.1 Million for Fiscal 2023 Second Quarter, an Increase of 444% Year-Over-Year
  evidence_url: https://www.sec.gov/Archives/edgar/data/1775194/000147793223001048/0001477932-23-001048-index.htm

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