---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-000740"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2026-02-10T23:59:59+00:00"
generated_at: "2026-05-16T03:37:57.171580+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Upexi Q2 FY2026 revenue $8.1M, net loss $178.9M on $164.5M unrealized digital asset losses

## Summary
- Total revenue $8.1M (vs $4.0M YoY); digital asset staking revenue $5.1M, consumer brands $2.9M.
- Gross profit $6.7M, up 126% YoY; net loss $178.9M ($2.94/sh) vs $1.3M loss YoY.
- Net loss driven by $164.5M unrealized digital asset fair value adjustments and $8.3M stock-based compensation.
- Cash and equivalents $1.6M at Dec 31; post-quarter cash ~$9.7M; shares outstanding 69.8M.
- Post-quarter: $36M convertible note, $7.4M registered direct offering, $50M share repurchase program.

## SEC filing metadata
- accession: 0001477932-26-000740
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2026-02-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775194/000147793226000740/0001477932-26-000740-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793226000740/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-000740
- JSON: https://secwatch.observer/filing/0001477932-26-000740.json
- Plain text: https://secwatch.observer/filing/0001477932-26-000740.txt

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