---
schema_version: "secwatch.filing_event.v1"
accession: "0001477932-26-005669"
form_type: "8-K"
ticker: "UPXI"
cik: "0001775194"
company_name: "UPEXI, INC."
filed_at: "2026-09-17T21:01:17+00:00"
generated_at: "2026-09-17T21:02:28.634786+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Upexi FY2026 net loss $246M on unrealized digital-asset losses; revenue up to $25M

## Summary
- Fiscal 2026 revenue $25.0M (up 58% YoY); digital asset revenue $17.4M, primarily staking income.
- Net loss $246.1M ($3.87/share) vs $13.7M prior year, driven by $195.1M unrealized losses on digital assets.
- Held 2.34M SOL at avg purchase price $154/SOL; ~95% staked; cash $5.8M, up ~94% YoY.
- Retired ~$19.5M secured convertible note; repurchased ~2.9M shares; cut credit facility rate to 7.5% from 11.5%.
- Post-year-end ATM issued ~2.5M shares for ~$2.5M; CEO expects staking revenue to exceed cash opex from current quarter.

## SEC filing metadata
- accession: 0001477932-26-005669
- form_type: 8-K
- ticker: UPXI
- cik: 0001775194
- company_name: UPEXI, INC.
- filed_at: 2026-09-17T21:01:17+00:00
- event_type: earnings
- sentiment: negative
- 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/1775194/000147793226005669/0001477932-26-005669-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1775194/000147793226005669/upxi_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001477932-26-005669
- JSON: https://secwatch.observer/filing/0001477932-26-005669.json
- Plain text: https://secwatch.observer/filing/0001477932-26-005669.txt

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