---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-003058"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2026-05-13T20:35:40+00:00"
generated_at: "2026-05-13T21:38:01.831980+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Upexi reports Q3 net loss of $109.3M on $4.6M revenue; digital asset revenue $3.5M

## Summary
- Revenue $4.6M vs $3.2M YoY; gross profit $4.4M (+179%) driven by digital asset treasury addition.
- Net loss $109.3M ($1.67/share) includes $92.3M non-cash unrealized losses on digital assets.
- SOL tokens held increased 9% (~189,000 tokens); digital asset revenue totaled $3.5M for the quarter.
- Reduced short-term debt by $7.6M; repurchased ~2.5M shares in the quarter under buyback program.
- Completed $36M convertible note for 265,500 locked SOL; raised $7.4M via registered direct offering.

## SEC filing metadata
- accession: 0001477932-26-003058
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2026-05-13T20:35:40+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1775194/000147793226003058/0001477932-26-003058-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793226003058/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-003058
- JSON: https://secwatch.observer/filing/0001477932-26-003058.json
- Plain text: https://secwatch.observer/filing/0001477932-26-003058.txt

## Key facts
- Earnings Releases
  UPEXI, INC. reported fiscal third quarter ended March 31, 2026 results: revenue approximately $4.6 million, net income $109.3 million, or $1.67 per share, EPS $1.67 per share.
  - Period: fiscal third quarter ended March 31, 2026
  - Revenue: approximately $4.6 million
  - Net income: $109.3 million, or $1.67 per share
  - EPS: $1.67 per share
  - Result: reported results
  source text: the network that we believe will revolutionize global finance.” Financial Highlights for the Quarter Ended March 31, 2026 · Total revenue for the quarter was approximately $4.6 million, compared to $3.2 million for the same quarter ended March 31, 2025. · Gross profit totaled $4.4 million, up 179% year-over-year, due to the addition of the digital asset
  evidence_url: https://www.sec.gov/Archives/edgar/data/1775194/000147793226003058/0001477932-26-003058-index.htm

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